Purpose: The purpose of this thesis is to investigate the variables affecting house prices in Lebanon in the long run and the short run. Design/ Methodology/ Approach: To answer the above question, data collected is a monthly one covering second half of the year 2013 until February 2021. The dependent variable is average housing price, while independent variables include employment index, construction permits, non-resident deposits, interest rate, CPI, and coincident indicators. The autoregressive distributed lag (ARDL) model is applied for the long run and the error correction model (ECM) is ...

Purpose – The term Brexit, the United Kingdom’s withdrawal from the European Union, is linked with the uncertainty raised due to the ambiguity of the economic relationship to be adopted between the U.K and the EU. This uncertainty is translated directly into a significant fluctuation of the British pound. Therefore, this research highlights the impact of the Brexit referendum on the British pound against the Euro, test the relationship between exchange rate volatility and U.K’s exports to Eurozone countries (Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, ...

Purpose: The objective of this thesis is to estimate and compare the capital requirements of an SME portfolio belonging to a Lebanese Commercial Bank under different regulatory frameworks, Basel I, Basel II and Basel III, in addition to illustrating the calculation of the capital adequacy ratio to comply with the requirements of BDL and BCCL. Design/methodology/approach: The sample used consists of a portfolio of loans granted by a Lebanese commercial bank to 1,099 different clients as of June 30, 2017. The study aims first at demonstrating the several approaches (Standardized Approach, IRB ...

Purpose: The purpose of this thesis is to investigate and assess the predictive ability of the GARCH (1,1), IGARCH (1,1), EGARCH (1,1), GJR-GARCH (1,1), APARCH (1,1), TGARCH (1,1) and CGARCH (1,1) models in forecasting the volatilities of six major cryptocurrencies: Bitcoin, Ripple, Litecoin, Monero, Dash, Dogecoin and six world currencies: Euro, British Pound, Canadian Dollar, Australian Dollar, Swiss Franc and the Japanese Yen. The optimal volatility model selected for each virtual and hard currency is then integrated into the Volatility Update Historical Simulation approach to evaluate the ...

Purpose–The purpose of this thesis is to develop a conceptual model that connects factors affecting students’ enrollment in Higher Education Institutions and evaluates the extent to which these factors are influencing institutions’ Value at Risk (VaR). Design/methodology/approach–Structural PCA modeling was employed in this study to examine the association of institutions’ admissions and different influence parameters, and to derive corresponding VaR as a measure of financial risks. Questionnaires were also completed by Grade Ten students of eight different high schools, prior and post orientation ...