https://ojs.umt.edu.pk/index.php/eer/issue/feed Empirical Economic Review 2024-11-13T11:39:27+00:00 Dr Hafeez-ur-Rehman [email protected] Open Journal Systems <p style="text-align: justify;">Empirical Economic Review (EER) is a multidisciplinary journal published by the Department of Economics and Statistics, Dr Hasan Murad School of Management (HSM), University of Management and Technology (UMT) Press, Lahore, Pakistan. EER brings forward the prevailing topics in the fields of economics, finance and public policy simulating a thought-provoking debate leading to an insight of theoretical and empirical research. Within this orientation, the journal provides a focus for theoretical, applied, interdisciplinary, history of thought, and methodological work with a strong emphasis on realistic analysis, the development of critical perspectives, the provision, and use of empirical evidence and construction of policy.</p> https://ojs.umt.edu.pk/index.php/eer/article/view/1952 Gender Dynamics within the Tech-Industry and Financial Services and the Resultant Effects on Gender Inequality 2024-11-13T11:31:03+00:00 Zakia Batool [email protected] Nasir Munir [email protected] Qurat ul ain [email protected] <p>Due to the widespread adoption of digital technology, the labor market is undergoing a paradigm shift, resulting in its reorganization in terms of employment opportunities. On the other hand, financial development is also affecting the livelihood of individuals. This shift towards a tech-based economy and financial access is also affecting the opportunities available to females. For gender-based inequalities to be fully addressed, it is crucial to comprehend how the digital divide and financial access affect and shape the lives of women. The current study used panel data for 22 developing countries in Asia spanning the time period 2010-2022. Panel ARDL was used and the Hausman test showed that Pooled Mean Group (PMG) is appropriate. The findings showed that female access to credit significantly affects gender inequality in both the short-and long-run. While, women's participation in tech-related jobs affects gender inequality in the long-run only. The current study also suggested policies to reduce gender inequality in the developing economies.</p> 2024-11-10T00:00:00+00:00 ##submission.copyrightStatement## https://ojs.umt.edu.pk/index.php/eer/article/view/1966 Effects of IMF Funding Announcement on Pakistan’s Stock Market Performance 2024-11-13T11:39:27+00:00 Rahim Bux [email protected] Muhammad Muzammil [email protected] <p>When the International Monetary Fund (IMF) announces loans to different economies, stock markets often respond differently. These loans are usually drawn with strict terms that may conflict with the political and economic goals of the country borrowing the money. It leads stock market participants to frequently view IMF announcements unfavorably. &nbsp;The current study aimed to investigate how the stock market in Pakistan's heavily indebted economy has performed in relation to the IMF's announcements about funding the country. To conduct this research, a quantitative approach was utilized to collect the data and determine the results. Secondary data was acquired from several websites dealing with IMF loaning as well as its effects on the performance of Pakistani stock market. The researcher subsequently employed descriptive statistics and regression analysis for data analysis. Additionally, secondary information regarding the impact of IMF lending announcement on Pakistan’s share market positions was obtained from the IMF platform and other relevant sources. IMF has been one of the main lenders to Pakistan since the late eighties. Therefore, this research sought to help understand the dynamics of how IMF loan announcements have affected Pakistan's stock prices from the time period (2015-2022). The results were established through acquired time series quantitative data. Findings indicate a strong positive correlation between IMF loan announcements and equity security performance indicators in Pakistan. Generally, when the IMF announces loans for Pakistan, the stock market tends to rise, suggesting that investors have confidence in the country's economy. &nbsp;Nevertheless, it must be noted that this relationship is not always consistent; there are instances where stock prices may decline following an IMF announcement. Hence, one may realize that IMF alone cannot account for variations in equity prices. Many other factors, such as political stability and global economic situation also play significant roles in stock market performance.</p> 2024-11-10T00:00:00+00:00 ##submission.copyrightStatement##