Browsing by Author "Noman Arshed"

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    Can stock market development put chains on inflation? A panel cointegration analysis on saarc countries
    (2015) Ibrahim Sulaiman; Noman Arshed
    This study investigates the impact of stock market development on inflation in SAARC countries using panel data approach. The estimated results of Panel OLS, FEM model and REM model have revealed that OLS model is not applicable and we have use panel cointegation to find out unbiased and normally distributed coefficient estimates like Kao Residual Cointegration, Long run estimates FMOLS and short run estimates OLS to find out how stock market development influence inflation. The results of long run estimates FMOLS suggest that market capitalization is decreasing inflation by -0.152%, total value of stock traded is increasing inflation by 0.164% and turnover ratio is decreasing inflation by -0.191% in the long run. Thus, the results suggest that stock market development can help put chains on inflation in SAARC countries by introducing more firms to increase size and volume of share transaction, as they will load to rise in production.
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    Customer Deposits and Islamic Banking Financing Modeling: An Empirical Investigation
    (UMT, Lahore, 2020) Noman Arshed
    Islamic banking started with the aim to provide Shari’ah compliant financial alternatives to the masses. Islamic banking has grown to a significant proportion of the overall market share in economies where the dual banking system is prevailing. Under this situation, if the Islamic banking system is not included in plans and policies, it may lead to systemic risk. Under this premise, the objective of this study is to develop a theoretical model and then estimate for the deposit and selected financing market of Islamic banks. Further, the efficiency of the current capital structure of Islamic banks in terms of its capacity to forward social benefits and later on growth. A total of 5 models have been constituted which are, the model of deposits, the model of Ijarah financing, the model of Musharaka financing, the efficiency of Islamic financing portfolio and contribution of the development of Islamic banking on growth. Panel Feasible Generalized Least Squares and Stochastic Frontier Approach is applied using unbalanced panel data of 55 full-fledged Islamic banks for the time period 2000 to 2017
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    Impact of health capital and education on infant mortality rate of districts of Punjab.
    (Journal of Management and Research., 2015) Noman Arshed; Dawood Mamoon
    Economies with large laborpopulation and labor oriented production face problems of quality of labor provided. This quality can be divided into two components; one the skill component and other the health component. The purpose of the paper is to identify the root causes of low health standards in the working population. The district wise data of Punjab (Pakistan), revealed that fertility rate, number of hospitals, literacy rate, and proxy income are the major determinants that can reduce Infant Mortality Rate, and the time being dummy variable in GMM model indicated the health standard to be depreciated in 2011 as compared to 2004
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    Stock market development, can it help reduce inflation in saarc countries?
    (Journal of Accounting, Finance and Economics, 2016) Ibrahim Sulaiman; Noman Arshed; Muhammad Shahid Hassan
    This study is designed to evaluate the impact of stock market development on general price level in five SAARC countries. The estimated results of Panel OLS, Fixed Effect model and Random Effect model has revealed that OLS model is not applicable thus, we have to use panel cointegration to find out the unbiased and normally distributed coefficient estimates to find out how the stock market development influences inflation. The results of long run estimates Fully Modified OLS suggests that in the long run, market capitalization is decreasing inflation, total value of stock traded is increasing inflation and turnover ratio is decreasing inflation in the long run. Thus, the results of our two proxies suggest that stock market development can help put chains on inflation in SAARC countries by introducing more firms to increase size and volume of share transaction, as they will load to rise in production.