International Journal of Economics and Finance

International Journal of Economics and Finance (IJEF) is a double-blind peer-reviewed international journal dedicated to promoting scholarly exchange among teachers and researchers in the field of economics, financial economics and finance. The journal is published monthly in both print and online versions by the Canadian Center of Science and Education.

The scope of IJEF includes the fields in the economics and finance. Authors are encouraged to submit complete, unpublished, original, and full-length articles that are not under review in any other journals. The online version of the journal is free access and download. If you want to order print copies, please visit:

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2015 Q1: Articles Received: 144; Accepted: 96; Rejected: 34; Published: 73; Retracted: 0


  • e-Version First: Vol. 7, No. 5


IJEF follows APA style.


Author Guidelines

1. Authors must ensure that their papers are free of spelling and grammatical errors and typos.

2. Research papers should not exceed 8,000 words.

3. A separate title page of an article should contain the title of the paper, name(s) and affiliation(s) of the author(s).

4. The first page of an article should contain an abstract not exceeding 250 words and a maximum of eight keywords.

5. Equations in the text should be numbered consecutively using Arabic numerals within simple brackets and aligned against the right margin.

6. All appendices should be numbered consecutively using uppercase roman numerals and shown after the list of references.

7. References should be cited within the text as follows: According to Wickremasinghe (2005), foreign exchange market … These results are inconsistent with those of other studies (Perera, 1995; Silva, 2000)

8. List of references should show each citation in alphabetical order and follow the style of APA

9. Author should register with the journal before submitting manuscripts.

10. Page proofs will be sent to the corresponding author. The corrected manuscripts should be submitted, and the publication fee should be paid within 10 working days.

11. The publication fee is 300USD.



The publisher and journal have a policy of “Zero Tolerance on the Plagiarism”. We check the plagiarism issue through two methods: reviewer check and plagiarism prevention tool (

All submissions will be checked by iThenticate before being sent to reviewers.

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Vol 7, No 5 (2015)

Vol. 7, No. 5, May 2015

Table of Contents


Trend Shocks and Cyclicality of Gross Financial Flows PDF
Eylem Ersal-Kiziler p1
Examining the Impact of Crude Oil Price on External Reserves: Evidence from Nigeria PDF
Samuel Imarhiagbe p13
Temporary Alienation or Lasting Separation? Covered and Government Bond Spread Movements during and after the Crisis of 2007-2009 PDF
Martin Hellmich, Holger Kraft, Sikandar Siddiqui p22
Government Size and Economic Growth: Evidence from Selected OECD Countries PDF
Alice Aleksandrovich, Kamal P. Upadhyaya p38
A Methodology to Forecast Commodity Prices in Vietnam PDF
Thi Ngoc Trang Nguyen, Ngoc Tho Tran p44
Inflation, Inflation Expectations and Investment Performance Volatility: Evaluating Potential Causal Interactions PDF
Rexford Abaidoo p50
Success Factors of New Product Launch: The Case of iPhone Launch PDF
Gabriela Capatina, Florin Draghescu p61
Asset Pricing Kernels in an OLG Economy with Housing PDF
Hyeon Park p71
Determinants of Foreign Direct Investments: Dynamic Panel Data Evidence PDF
Mahmut Erdogan, Mustafa Unver p82
Analyzing the Existence of the Day of the Week Effect in Selected Developed Country Stock Exchanges PDF
Murat Cinko, Emin Avci, Asli Aybars, Mehtap Oner p96
The Effect of Cash Flow on Share Price of the Jordanian Commercial Banks Listed in Amman Stock Exchange PDF
Ibrahim Marwan Khanji, Ahmad Zakaria Siam p109
Research of Chinese Stock Market’ Complex Network Structure PDF
He Nie, Yuan-Biao Zhang, Jun-Ru Chen, Xin-Guang Lv p116
Sustainability Profile of Islamic Banking Industry: Evidence from World Top Five Islamic Banking Countries PDF
Amin Jan, Maran Marimuthu p125
Earnings Quality Determinants of the Jordanian Manufacturing Listed Companies PDF
Imad Zeyad Ramadan p140
On the Effect of Interest Rates Dynamics on Vietnamese Companies PDF
Nguyen Khac Quoc Bao, Dinh Thi Thu Hong p147
A Cointegration Analysis of Money Supply and Saudi Stock Price Index PDF
Saud Almutair p153
Factors Affecting the Bank Credit: An Empirical Study on the Jordanian Commercial Banks PDF
Mwafag Rabab’ah p166
Gold Investment from Islamic Perspective: The Case of Malaysia PDF
Syed Ehsanullah Agha, Abdul Rahman Saafi, Obaidullah Abdul Qayoom p179
Technological Transition of Banks for Development: New Information and Communication Technology and Its Impact on the Banking Sector in Lebanon PDF
Maria Hilal p186
Reviewer Acknowledgements for International Journal of Economics and Finance, Vol. 7, No. 5 PDF
Michael Zhang p201

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This work is licensed under a Creative Commons Attribution 3.0 License.

International Journal of Economics and Finance  ISSN  1916-971X (Print) ISSN  1916-9728 (Online)

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