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All Outputs (7)

Innovation and efficiency in financial institutions (2022)
Journal Article
Sena, V., Kenjegaliev, A., & Kenjegalieva, A. (2022). Innovation and efficiency in financial institutions. Frontiers in Research Metrics and Analytics, 7, Article 805116. https://doi.org/10.3389/frma.2022.805116

This paper proposes a new methodology that combines standard production theory with Multiple-Criteria Decision Analysis (MCDA) methods to rank banks based on their capability of using investment in new technologies to reduce the other inputs' usage,... Read More about Innovation and efficiency in financial institutions.

ESG complementarities in the US economy (2022)
Journal Article
Duygun, M., Hall, S., Kenjegalieva, A., & Kenjegaliev, A. (2022). ESG complementarities in the US economy. The European journal of finance, https://doi.org/10.1080/1351847X.2022.2157300

This paper investigates ESG from the perspective of changes in input elasticities of substitution and complementarity. Rather than compute these elasticities from the cost function, we compute them from the Input Distance Function (IDF). Our data are... Read More about ESG complementarities in the US economy.

Comparisons of deposit types and implications of the financial crisis: Evidence for U.S. banks (2020)
Journal Article
Glass, A. J., Kenjegaliev, A., & Kenjegalieva, K. (2022). Comparisons of deposit types and implications of the financial crisis: Evidence for U.S. banks. International journal of finance & economics : IJFE, 27(1), 641-664. https://doi.org/10.1002/ijfe.2172

This paper makes three diverse contributions. First, whereas the extant literature estimates a single elasticity of substitution/complementarity from an input distance function, we calculate a range of elasticities. Second, we make a substantive cont... Read More about Comparisons of deposit types and implications of the financial crisis: Evidence for U.S. banks.

Spatial scale and product mix economies in U.S. banking with simultaneous spillover regimes (2019)
Journal Article
Glass, A. J., Kenjegaliev, A., & Kenjegalieva, K. (2020). Spatial scale and product mix economies in U.S. banking with simultaneous spillover regimes. European journal of operational research, 284(2), 693-711. https://doi.org/10.1016/j.ejor.2019.12.036

© 2019 Elsevier B.V. The literature on bank scale economies focuses on the familiar type of returns to scale that are internal to the firm. Using a spatial approach, we analyze returns to scale for banks that are made up of external (i.e., spillover)... Read More about Spatial scale and product mix economies in U.S. banking with simultaneous spillover regimes.

The effect of oil price changes on the price of Russian and Chinese oil shares (2016)
Journal Article
Kenjegaliev, A., & Hall, S. G. (2017). The effect of oil price changes on the price of Russian and Chinese oil shares. Empirical economics, 53(4), 1639-1656. https://doi.org/10.1007/s00181-016-1176-3

© 2016, The Author(s). Do changes in oil prices have an effect on stocks of oil companies in emerging markets? Do the shares of oil companies in emerging markets react to the price news in a similar way as those of the Western companies? This paper a... Read More about The effect of oil price changes on the price of Russian and Chinese oil shares.

Measuring currency pressures: the cases of the Japanese yen, the Chinese yuan, and the UK pound (2013)
Journal Article
Hall, S. G., Kenjegaliev, A., Swamy, P. A. V. B., & Tavlas, G. S. (2013). Measuring currency pressures: the cases of the Japanese yen, the Chinese yuan, and the UK pound. Journal of the Japanese and International Economies, 29(September), 1-20. https://doi.org/10.1016/j.jjie.2013.04.001

We investigate bilateral currency pressures against the US dollar for three currencies: the Japanese yen, the Chinese yuan, and the UK pound during the period 2000:Q1 to 2009:Q4. We employ a model-based methodology to measure exchange market pressure... Read More about Measuring currency pressures: the cases of the Japanese yen, the Chinese yuan, and the UK pound.

The forward rate premium puzzle: a case of misspecification? (2013)
Journal Article
Hall, S. G., Kenjegaliev, A., Swamy, P. A. V. B., & Tavlas, G. S. (2013). The forward rate premium puzzle: a case of misspecification?. Studies in nonlinear dynamics and econometrics / sponsored by the MIT Press and the Society for Nonlinear Dynamics and Econometrics, 17(3), 265-279. https://doi.org/10.1515/snde-2013-0009

Empirical studies often report a negative relationship between the difference in the spot exchange rate and the forward premium, violating the forward-rate unbiasedness hypothesis. Using standard regression on a sample of ten exchange rates, we obtai... Read More about The forward rate premium puzzle: a case of misspecification?.