EN
Portfolio Behaviour of Commercial Banks under Risk Aversion, The Expected Utility Approach: Evidence from Jordan
Abstract
This paper attempts to explain the banking performance in Jordan to draw out the implications of related theories and evidence for policy makers. Accordingly, they can influence the banking industry, which, in turn, impacts the economy overall. We investigate the portfolio behaviour of Jordanian banks. The model used is based on the portfolio choice theory, originated by Hicks (1935) and developed by Markowitz (1952) and Tobin (1958). Several nested models are developed to test the theoretical restrictions, including symmetry and homogeneity of the interest rate matrix. The empirical results, in general, clearly do not provide any support for interest rates which are important in determining the general composition of the portfolio holdings of Jordanian banks. The results show, however, that availability of funds is more important in determining the structure of these portfolios.
Keywords
Ayrıntılar
Birincil Dil
İngilizce
Konular
-
Bölüm
-
Yayımlanma Tarihi
1 Haziran 2015
Gönderilme Tarihi
1 Haziran 2015
Kabul Tarihi
-
Yayımlandığı Sayı
Yıl 2015 Cilt: 5 Sayı: 2
APA
Al-tarawneh, A., & Khataybeh, M. (2015). Portfolio Behaviour of Commercial Banks under Risk Aversion, The Expected Utility Approach: Evidence from Jordan. International Journal of Economics and Financial Issues, 5(2), 312-323. https://izlik.org/JA58CK37SM
AMA
1.Al-tarawneh A, Khataybeh M. Portfolio Behaviour of Commercial Banks under Risk Aversion, The Expected Utility Approach: Evidence from Jordan. IJEFI. 2015;5(2):312-323. https://izlik.org/JA58CK37SM
Chicago
Al-tarawneh, Alaaeddin, ve Mohmmad Khataybeh. 2015. “Portfolio Behaviour of Commercial Banks under Risk Aversion, The Expected Utility Approach: Evidence from Jordan”. International Journal of Economics and Financial Issues 5 (2): 312-23. https://izlik.org/JA58CK37SM.
EndNote
Al-tarawneh A, Khataybeh M (01 Haziran 2015) Portfolio Behaviour of Commercial Banks under Risk Aversion, The Expected Utility Approach: Evidence from Jordan. International Journal of Economics and Financial Issues 5 2 312–323.
IEEE
[1]A. Al-tarawneh ve M. Khataybeh, “Portfolio Behaviour of Commercial Banks under Risk Aversion, The Expected Utility Approach: Evidence from Jordan”, IJEFI, c. 5, sy 2, ss. 312–323, Haz. 2015, [çevrimiçi]. Erişim adresi: https://izlik.org/JA58CK37SM
ISNAD
Al-tarawneh, Alaaeddin - Khataybeh, Mohmmad. “Portfolio Behaviour of Commercial Banks under Risk Aversion, The Expected Utility Approach: Evidence from Jordan”. International Journal of Economics and Financial Issues 5/2 (01 Haziran 2015): 312-323. https://izlik.org/JA58CK37SM.
JAMA
1.Al-tarawneh A, Khataybeh M. Portfolio Behaviour of Commercial Banks under Risk Aversion, The Expected Utility Approach: Evidence from Jordan. IJEFI. 2015;5:312–323.
MLA
Al-tarawneh, Alaaeddin, ve Mohmmad Khataybeh. “Portfolio Behaviour of Commercial Banks under Risk Aversion, The Expected Utility Approach: Evidence from Jordan”. International Journal of Economics and Financial Issues, c. 5, sy 2, Haziran 2015, ss. 312-23, https://izlik.org/JA58CK37SM.
Vancouver
1.Alaaeddin Al-tarawneh, Mohmmad Khataybeh. Portfolio Behaviour of Commercial Banks under Risk Aversion, The Expected Utility Approach: Evidence from Jordan. IJEFI [Internet]. 01 Haziran 2015;5(2):312-23. Erişim adresi: https://izlik.org/JA58CK37SM