Volume 9, Issue 1, March 2020

  • An Adjusted Forward Curve for Spot Rate Forecasting

    Camilo Sarmiento

    Issue: Volume 9, Issue 1, March 2020
    Pages: 1-7
    Received: 7 January 2020
    Accepted: 31 January 2020
    Published: 11 February 2020
    Abstract: In this paper, we provide adjustments for liquidity and credit risk to the forward Libor rate in order to improve accuracy of the forward rate in forecasting the 3-month Libor rate. In particular, we introduce the adjusted forward curve (AFC) that models the update in the forward curve from one period to the next. A direct modeling of the dynamic p... Show More
  • Socio-economic Determinants of School Attendance of Punjab, Pakistan

    Daud Rafique, Suleman Shaukat, Sajid Rasul, Zahid Ahmed, Isaac Shahzad, Muhammad Ali Bhatti

    Issue: Volume 9, Issue 1, March 2020
    Pages: 8-16
    Received: 27 November 2019
    Accepted: 20 January 2020
    Published: 18 February 2020
    Abstract: Primary education is a key indicator of social and economic development. Since independence 1947, Pakistan has been facing the issue of low attendance rate at primary level. Pakistan has been working with international organizations like UNICEF for many years but unable to achieve the goal of universal primary education. Therefore, the present stud... Show More
  • The Economic Cost of Gender Inequality: The Global Progress and Creating Change

    June Choon Wai Yee, Kenneth Lee Kwing-Chin

    Issue: Volume 9, Issue 1, March 2020
    Pages: 17-20
    Received: 29 January 2020
    Accepted: 28 February 2020
    Published: 6 March 2020
    Abstract: Background: Gender inequality is a contentious matter that cuts across economic and social aspects that are still prevalent globally. It is often framed as a problem of women, but in reality, it is more than that. Gender gaps that include lack of under-representation of women in the workforce and especially in senior positions are significant issue... Show More