Is’haq Muhammad Mustapha's research while affiliated with International Centre for Education in Islamic Finance and other places
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Publication (1)
Purpose: The argument whether gold is a hedge or haven is a debatable issue. Mainly, hedge is a class of asset that is negatively correlated with another asset or portfolio on average. On the other hand, a safe haven is an asset or portfolio which is negatively correlated with another asset or portfolio at the time of market turmoil. Therefore, in...
Citations
... Studies from the past demonstrate the significance of fiscal policies in influencing and fostering economic growth. Some studies (Nabieu et al., 2021;Ofori-Abebrese et al., 2017;Shakil et al., 2018) demonstrated that fiscal policy is used to control aggregate demand levels in an economy to help achieve the desired economic objectives of total employment, stability of prices of goods and services, as well as the growth of the economy. However, little is known about how fiscal policy affects the development of the financial sector, which is the engine of economic growth within the country. ...
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