All Outputs (4)

Is Ethical Money Sensitive to Past Returns? The Case of Portfolio Constraints and Persistence in Islamic Funds (2015)
Journal Article

In this paper, we analyze the performance persistence and survivorship bias of Islamic funds. The remarkable growth of these types of ethical funds raises the question of how non-financial attributes, including beliefs and value systems, influence pe... Read More about Is Ethical Money Sensitive to Past Returns? The Case of Portfolio Constraints and Persistence in Islamic Funds.

Disentangling the European airlines efficiency puzzle: a network data envelopment analysis approach (2015)
Journal Article

How a regulatory capital requirement affects banks’ productivity: an application to emerging economies (2015)
Journal Article

This paper presents a novel approach to measure efficiency and productivity decomposition in the banking systems of emerging economies with a special focus on the role of equity capital. We model the requirement to hold levels of a fixed input, i.e.... Read More about How a regulatory capital requirement affects banks’ productivity: an application to emerging economies.

Measuring competition using the Boone relative profit difference indicator (2015)
Journal Article

This paper suggests a method for implementing the theoretical relative profit difference test for intensity of competition due to Boone (2008). An empirical illustration is given for banking systems in emerging economies.