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Full-Text Articles in Economics

Can Investors Benefit From Momentum Trading? Evidence From An Emerging Market, Sana Tauseef, Mohammad Nishat Jun 2018

Can Investors Benefit From Momentum Trading? Evidence From An Emerging Market, Sana Tauseef, Mohammad Nishat

Business Review

It is claimed that momentum trading strategies generate positive returns. This paper investigates the profitability of momentum investment strategies and their determinants for stocks listed on the Pakistan Stock Exchange using data from the period 2001 to 2015. The results reveal that momentum returns for Pakistani stocks are as high as the returns reported for developed markets. Moreover, the returns earned over the sub-period 2001 to 2007 are mostly positive, whereas those earned over the sub-period 2009 to 2015 are mostly negative. Momentum returns in Pakistan, however, are not caused by temporary over or under reaction of investors in the …


Pakistan's Institutions: We Know They Matter, But How Can They Work Better?, Michael Kugelman, Ishrat Husain Jan 2018

Pakistan's Institutions: We Know They Matter, But How Can They Work Better?, Michael Kugelman, Ishrat Husain

Faculty Research - Books

Back in 2012, a Pakistani professor named Farakh A. Khan issued a dire warning about the state of his country’s public institutions. “Pakistan suffers from institutional failure,” he declared in an essay published about a year before his death. “Failed institutions are unable to correct the problems faced by the society and eventually lead to economic failure… If our leaders are sincere for change in Pakistan then they have to first get the institutions working again. But do they know how or have the will to do it?


Cpec & Pakistani Economy: An Appraisal, Ishrat Husain Jan 2018

Cpec & Pakistani Economy: An Appraisal, Ishrat Husain

Faculty Research - Books

This publication “CPEC and Pakistani Economy: An Appraisal” is a combine effort of H.E Dr. Ishrat Husain and CoE-CPEC to disseminate the most updated and authentic information about CPEC. We are sure that this booklet will go a long way by serving our effort to reach out all the relevant quarters and stakeholders including masses to know about the ongoing and futuristic projects of CPEC.