IOSR-JEF   Volume-12 ~ Issue-2 ~ Mar. – Apr. 2021

Abstract: In response to the empirical anomalies relating to the use of VAR models in analysing the impact of monetary policy shocks, the Factor-Augmented VAR (FAVAR) models attempt to provide a practical solution. Moreover, these models, based on dynamic factor models (DFM), make it possible to summarize the information present in a large database into a small number of factors common to all the variables. In this paper, we analyse the effects of monetary policy shocks on economic growth using the FAVAR model on a large number of Moroccan macroeconomic time series (117 quarterly time series from 1985Q1 to 2018Q4). First, we present the econometric framework of the FAVAR model, then the data used and their necessary transformations. Next, we determine the number of factors before estimating the model. Then, we focus on the analysis of the impulse response functions of some indicators of economic growth in Morocco. The results of the analysis indicate that, the overall decline in GDP in response to monetary policy shocks suggests that they have a clearly negative impact on economic growth.

Keywords: Monetary policy shocks; Economic growth; Dynamic factor model; FAVAR; Morocco

Abstract: In Zambia the access to finance is hard and costly attributable to high lending rates. This has led to most Zambians together with the youths failing to access finances leading to the increase in volumes of youth unemployment and poverty. In turn to act in response to Zambia's youth unemployment crisis, the government of Zambia through the Ministry of Youth Sport and Child Development established the Youth Development Fund in 2006 to reduce poverty by enhanced job creation. In this programme sustainability has been difficult to achieve because of low repayment rate of beneficiaries. The study sought to examine the utilization of technology and sustainability of the youth development fund in Zambia with evidence from Copperbelt and Lusaka province. The specific objective of the study was to assess the effect of technology on sustainability of the youth development fund in Zambia..........

Keywords: Technology; Sustainability; Loan Repayment; Government Revolving Funds; and Youth Development Fund.

Abstract: The debt and economic growth debate remain topical in Nigeria given the controversies that often trail the government's plan to always borrow to fund the annual budget deficits. This study provides an empirical
contribution to the national discourse by assessing the impact of foreign debt on the Nigerian economy. Applying a dynamic variant of the auto-regressive distributed lag model, the main result from this studyis that in
the long run, external debt accumulation and the associated service payments have negative effects on the economy. The policy implication is that government should always ensure that external debt accretionis
sustainable and used for infrastructure development..

Key Words: Economic Growth; External Debt; Auto-Regressive Distributed lag Model.

Abstract: Background: The relationship between capital regulation and stability of deposit money banks (widely known as commercial banks) in Nigeria has become topical among scholars and practitioners given the incessant instability rocking the nation's banking system amid the continuous upward regulation of bank's capital. Thus, this study assessed the effect of Capital Regulation on Deposit Money Banks' Stability in Nigeria. Materials and Methods: Panel data methodology was adopted which necessitated the collection of financial statistics from five commercial banks' financial statements (2004-2018) on Capital Regulation proxied by Liquid Asset Ratio (LAR), Loan Ratio (LR), and Asset Turnover Ratio (ATR) and Deposit Money Banks' Stability (proxied by Z-score). Statistically, these variables together with the data were analyzed using both descriptive statistics and panel regression methods.

Keywords: Capital Regulation, Bank's Stability, Commercial Banks, Liquid Assets Ratio, Loan Asset Ratio, Asset Turnover Ratio.

Abstract: Background: The aim of this paper is to discuss and suggest ways to overcome the barriers hindering the Haor regions development of Bangladesh, including the steps the government has taken and is taking for a better future. The paper also examines the problems of specific sector in the Haor regions and describes the different strategies that have taken by different organizations (Government and Non-government). The paper provides a deep insight that the Haor is being degraded rapidly due to the inefficiency government policies, systems, mismanagement and destructive activities. But the government should formulate appropriate policy and laws implement these for the protection of the valuable resource and adapt an integrated joint management plan involving the local people. The paper also presents some table including importance and future development of Haor regions......

Key Word: Importance, problems, strategy, future development of Haor regions, Bangladesh..

Abstract: This present study aims at exploring the relationship between the liquidity risk and the bank performance for which it takes consideration of 25 commercial banks of Bangladesh with four years data of them collected from their annual reports. For this analysis random effect model of panel data was used by allowing Hausman specification test. The result reveals that liquidity risk has significant (p<0.05) relation with the explanatory variable bank performance, whereas bank size has positive significant (p<0.10) correlation and inflation rate has significant negative correlation (p<0.10) with bank performance. This study indicates an important tradeoff between the liquidity risk and the bank performance implying to raise the bank performance, liquidity risk must be reduced.

Key Words: Liquidity Risk, Bank Performance, Inflation, Panel Data

Abstract: This study investigated corporate size and financial performance of deposit money banks in Nigeria for the period 2010 to 2019. The study employed ex post facto and correlational research design and the population comprised of all banks listed on the Nigerian Stock Exchange for the period under review. The sample consisted of ten (10) banks after data filtration using simple random sampling technique. The study collected data from secondary sources mostly the sampled banks financial statements and Central Bank of Nigeria Statistical Bulletin. The secondary data obtained was analysed with descriptive and inferential statistics. The inferential statistics employed multiple regression.....

Keywords: Bank Size, ROA, Deposit Money Banks, Financial Performance, GDP