This paper studies a high frequency time series of oil futures trading contracts and the affect that publicly announced macroeconomic information in the form of an Oil Inventory announcement given by the Energy Information Association in the US has upon it. Using the time series sampled at a five-minute frequency, it is the intention to detect any impacts to the price of the contracts after the...

what are the main success factors of microfinance institutions in providing financial services to poor people in a sustainable manner? in this article we try to answer this question. in one hand, we analyze the core compatibility between microeconomics of asymmetric information, transaction cost and risk, and new different operational mechanisms applied by microfinance institutions. on the othe...

T his paper examines the effect of factors on the development of commercial banking in Iraq. Seven factors used as determinates for financial depth which are per capita GDP, inflation rate, government budget deficit, share of state-owned banks of total assets as proxy of financial repression, oil sector domination, international trade openness and political stability as explanatory v...

there are many problems that usually r & d centers and organizations in the decision making and achieve its higher goals, are faced with.such as the density of information in the administrative departments, human resources information and facilities and equipment. the researcher had to make it investigate effective factors in improving management information systems in private banks accordi...