id	sid	tid	token	lemma	pos
hassl-827	1	1	167	167	NUM
hassl-827	1	2	©	©	PROPN
hassl-827	1	3	2019	2019	NUM
hassl-827	1	4	conscientia	conscientia	PROPN
hassl-827	1	5	beam	beam	PROPN
hassl-827	1	6	.	.	PUNCT
hassl-827	2	1	all	all	DET
hassl-827	2	2	rights	right	NOUN
hassl-827	2	3	reserved	reserve	VERB
hassl-827	2	4	.	.	PUNCT
hassl-827	3	1	assets	asset	NOUN
hassl-827	3	2	pricing	pricing	NOUN
hassl-827	3	3	and	and	CCONJ
hassl-827	3	4	equity	equity	NOUN
hassl-827	3	5	duration	duration	NOUN
hassl-827	3	6	paradox	paradox	NOUN
hassl-827	3	7	raja	raja	PROPN
hassl-827	3	8	rehan1	rehan1	PROPN
hassl-827	3	9	+	+	CCONJ
hassl-827	3	10	imran	imran	PROPN
hassl-827	3	11	umer	umer	PROPN
hassl-827	3	12	chhapra2	chhapra2	PROPN
hassl-827	3	13	ali	ali	PROPN
hassl-827	3	14	zain3	zain3	PROPN
hassl-827	4	1	1university	1university	NUM
hassl-827	4	2	kuala	kuala	PROPN
hassl-827	4	3	lumpur	lumpur	PROPN
hassl-827	4	4	,	,	PUNCT
hassl-827	4	5	kuala	kuala	PROPN
hassl-827	4	6	lumpur	lumpur	PROPN
hassl-827	4	7	,	,	PUNCT
hassl-827	4	8	malaysia	malaysia	PROPN
hassl-827	4	9	.	.	PUNCT
hassl-827	5	1	2,3szabist	2,3szabist	NUM
hassl-827	5	2	,	,	PUNCT
hassl-827	5	3	karachi	karachi	PROPN
hassl-827	5	4	,	,	PUNCT
hassl-827	5	5	pakistan	pakistan	PROPN
hassl-827	5	6	.	.	PUNCT
hassl-827	6	1	(	(	PUNCT
hassl-827	6	2	+	+	CCONJ
hassl-827	6	3	corresponding	correspond	VERB
hassl-827	6	4	author	author	NOUN
hassl-827	6	5	)	)	PUNCT
hassl-827	6	6	abstract	abstract	ADJ
hassl-827	6	7	article	article	NOUN
hassl-827	6	8	history	history	NOUN
hassl-827	6	9	received	receive	VERB
hassl-827	6	10	:	:	PUNCT
hassl-827	6	11	6	6	NUM
hassl-827	6	12	june	june	PROPN
hassl-827	6	13	2019	2019	NUM
hassl-827	6	14	revised	revise	VERB
hassl-827	6	15	:	:	PUNCT
hassl-827	6	16	8	8	NUM
hassl-827	6	17	july	july	PROPN
hassl-827	6	18	2019	2019	NUM
hassl-827	6	19	accepted	accept	VERB
hassl-827	6	20	:	:	PUNCT
hassl-827	6	21	13	13	NUM
hassl-827	6	22	august	august	PROPN
hassl-827	6	23	2019	2019	NUM
hassl-827	6	24	published	publish	VERB
hassl-827	6	25	:	:	PUNCT
hassl-827	6	26	4	4	NUM
hassl-827	6	27	october	october	NOUN
hassl-827	6	28	2019	2019	NUM
hassl-827	6	29	keywords	keyword	VERB
hassl-827	6	30	banks	bank	NOUN
hassl-827	6	31	panel	panel	NOUN
hassl-827	6	32	co	co	NOUN
hassl-827	6	33	-	-	NOUN
hassl-827	6	34	integration	integration	NOUN
hassl-827	6	35	panel	panel	NOUN
hassl-827	6	36	unit	unit	NOUN
hassl-827	6	37	root	root	PROPN
hassl-827	6	38	elasticity	elasticity	PROPN
hassl-827	6	39	interest	interest	NOUN
hassl-827	6	40	rate	rate	NOUN
hassl-827	6	41	sensitivity	sensitivity	NOUN
hassl-827	6	42	equity	equity	NOUN
hassl-827	6	43	duration	duration	NOUN
hassl-827	6	44	.	.	PUNCT
hassl-827	7	1	we	we	PRON
hassl-827	7	2	used	use	VERB
hassl-827	7	3	the	the	DET
hassl-827	7	4	co	co	NOUN
hassl-827	7	5	-	-	NOUN
hassl-827	7	6	integration	integration	NOUN
hassl-827	7	7	approach	approach	NOUN
hassl-827	7	8	and	and	CCONJ
hassl-827	7	9	panel	panel	NOUN
hassl-827	7	10	unit	unit	NOUN
hassl-827	7	11	root	root	PROPN
hassl-827	7	12	test	test	NOUN
hassl-827	7	13	to	to	PART
hassl-827	7	14	estimate	estimate	VERB
hassl-827	7	15	banks‟	banks‟	NOUN
hassl-827	7	16	equity	equity	NOUN
hassl-827	7	17	duration	duration	NOUN
hassl-827	7	18	in	in	ADP
hassl-827	7	19	pakistan	pakistan	PROPN
hassl-827	7	20	,	,	PUNCT
hassl-827	7	21	india	india	PROPN
hassl-827	7	22	,	,	PUNCT
hassl-827	7	23	china	china	PROPN
hassl-827	7	24	,	,	PUNCT
hassl-827	7	25	australia	australia	PROPN
hassl-827	7	26	,	,	PUNCT
hassl-827	7	27	the	the	DET
hassl-827	7	28	uk	uk	PROPN
hassl-827	7	29	and	and	CCONJ
hassl-827	7	30	the	the	DET
hassl-827	7	31	us	us	PROPN
hassl-827	7	32	from	from	ADP
hassl-827	7	33	1992	1992	NUM
hassl-827	7	34	to	to	ADP
hassl-827	7	35	2017	2017	NUM
hassl-827	7	36	.	.	PUNCT
hassl-827	8	1	the	the	DET
hassl-827	8	2	results	result	NOUN
hassl-827	8	3	showed	show	VERB
hassl-827	8	4	that	that	SCONJ
hassl-827	8	5	the	the	DET
hassl-827	8	6	highest	high	ADJ
hassl-827	8	7	duration	duration	NOUN
hassl-827	8	8	is	be	AUX
hassl-827	8	9	in	in	ADP
hassl-827	8	10	the	the	DET
hassl-827	8	11	uk	uk	PROPN
hassl-827	8	12	and	and	CCONJ
hassl-827	8	13	chinese	chinese	ADJ
hassl-827	8	14	banks	bank	NOUN
hassl-827	8	15	then	then	ADV
hassl-827	8	16	the	the	DET
hassl-827	8	17	us	us	PROPN
hassl-827	8	18	and	and	CCONJ
hassl-827	8	19	indian	indian	ADJ
hassl-827	8	20	banks	bank	NOUN
hassl-827	8	21	followed	follow	VERB
hassl-827	8	22	by	by	ADP
hassl-827	8	23	the	the	DET
hassl-827	8	24	banks	bank	NOUN
hassl-827	8	25	in	in	ADP
hassl-827	8	26	pakistan	pakistan	PROPN
hassl-827	8	27	and	and	CCONJ
hassl-827	8	28	australia	australia	PROPN
hassl-827	8	29	.	.	PUNCT
hassl-827	9	1	these	these	DET
hassl-827	9	2	results	result	NOUN
hassl-827	9	3	have	have	VERB
hassl-827	9	4	important	important	ADJ
hassl-827	9	5	implications	implication	NOUN
hassl-827	9	6	for	for	ADP
hassl-827	9	7	policymakers	policymaker	NOUN
hassl-827	9	8	particularly	particularly	ADV
hassl-827	9	9	because	because	SCONJ
hassl-827	9	10	banks	bank	NOUN
hassl-827	9	11	act	act	VERB
hassl-827	9	12	as	as	ADP
hassl-827	9	13	channels	channel	NOUN
hassl-827	9	14	for	for	ADP
hassl-827	9	15	monetary	monetary	ADJ
hassl-827	9	16	policy	policy	NOUN
hassl-827	9	17	.	.	PUNCT
hassl-827	10	1	since	since	SCONJ
hassl-827	10	2	duration	duration	NOUN
hassl-827	10	3	is	be	AUX
hassl-827	10	4	a	a	DET
hassl-827	10	5	measure	measure	NOUN
hassl-827	10	6	of	of	ADP
hassl-827	10	7	sensitivity	sensitivity	NOUN
hassl-827	10	8	to	to	ADP
hassl-827	10	9	interest	interest	NOUN
hassl-827	10	10	rates	rate	NOUN
hassl-827	10	11	,	,	PUNCT
hassl-827	10	12	these	these	DET
hassl-827	10	13	results	result	NOUN
hassl-827	10	14	imply	imply	VERB
hassl-827	10	15	that	that	SCONJ
hassl-827	10	16	the	the	DET
hassl-827	10	17	uk	uk	PROPN
hassl-827	10	18	and	and	CCONJ
hassl-827	10	19	chinese	chinese	ADJ
hassl-827	10	20	banks	bank	NOUN
hassl-827	10	21	would	would	AUX
hassl-827	10	22	be	be	AUX
hassl-827	10	23	the	the	DET
hassl-827	10	24	most	most	ADV
hassl-827	10	25	affected	affect	VERB
hassl-827	10	26	by	by	ADP
hassl-827	10	27	monetary	monetary	ADJ
hassl-827	10	28	policy	policy	NOUN
hassl-827	10	29	changes	change	NOUN
hassl-827	10	30	while	while	SCONJ
hassl-827	10	31	those	those	PRON
hassl-827	10	32	in	in	ADP
hassl-827	10	33	pakistan	pakistan	PROPN
hassl-827	10	34	and	and	CCONJ
hassl-827	10	35	australia	australia	PROPN
hassl-827	10	36	would	would	AUX
hassl-827	10	37	be	be	AUX
hassl-827	10	38	the	the	DET
hassl-827	10	39	least	least	ADV
hassl-827	10	40	affected	affected	ADJ
hassl-827	10	41	.	.	PUNCT
hassl-827	11	1	since	since	SCONJ
hassl-827	11	2	duration	duration	NOUN
hassl-827	11	3	also	also	ADV
hassl-827	11	4	measures	measure	VERB
hassl-827	11	5	the	the	DET
hassl-827	11	6	speed	speed	NOUN
hassl-827	11	7	by	by	ADP
hassl-827	11	8	which	which	PRON
hassl-827	11	9	cash	cash	NOUN
hassl-827	11	10	flows	flow	NOUN
hassl-827	11	11	come	come	VERB
hassl-827	11	12	back	back	ADV
hassl-827	11	13	,	,	PUNCT
hassl-827	11	14	these	these	DET
hassl-827	11	15	results	result	NOUN
hassl-827	11	16	indicate	indicate	VERB
hassl-827	11	17	that	that	SCONJ
hassl-827	11	18	investors	investor	NOUN
hassl-827	11	19	in	in	ADP
hassl-827	11	20	pakistan	pakistan	PROPN
hassl-827	11	21	and	and	CCONJ
hassl-827	11	22	australia	australia	PROPN
hassl-827	11	23	banks	bank	NOUN
hassl-827	11	24	recover	recover	VERB
hassl-827	11	25	their	their	PRON
hassl-827	11	26	investments	investment	NOUN
hassl-827	11	27	faster	fast	ADV
hassl-827	11	28	than	than	ADP
hassl-827	11	29	investors	investor	NOUN
hassl-827	11	30	in	in	ADP
hassl-827	11	31	the	the	DET
hassl-827	11	32	indian	indian	PROPN
hassl-827	11	33	,	,	PUNCT
hassl-827	11	34	us	we	PRON
hassl-827	11	35	,	,	PUNCT
hassl-827	11	36	chinese	chinese	ADJ
hassl-827	11	37	and	and	CCONJ
hassl-827	11	38	uk	uk	PROPN
hassl-827	11	39	banks	bank	NOUN
hassl-827	11	40	.	.	PUNCT
hassl-827	12	1	therefore	therefore	ADV
hassl-827	12	2	,	,	PUNCT
hassl-827	12	3	banks	bank	NOUN
hassl-827	12	4	in	in	ADP
hassl-827	12	5	australia	australia	PROPN
hassl-827	12	6	and	and	CCONJ
hassl-827	12	7	pakistan	pakistan	PROPN
hassl-827	12	8	are	be	AUX
hassl-827	12	9	the	the	DET
hassl-827	12	10	most	most	ADV
hassl-827	12	11	profitable	profitable	ADJ
hassl-827	12	12	while	while	SCONJ
hassl-827	12	13	those	those	PRON
hassl-827	12	14	in	in	ADP
hassl-827	12	15	the	the	DET
hassl-827	12	16	uk	uk	PROPN
hassl-827	12	17	and	and	CCONJ
hassl-827	12	18	china	china	PROPN
hassl-827	12	19	are	be	AUX
hassl-827	12	20	the	the	DET
hassl-827	12	21	least	least	ADV
hassl-827	12	22	profitable	profitable	ADJ
hassl-827	12	23	.	.	PUNCT
hassl-827	13	1	contribution	contribution	NOUN
hassl-827	13	2	/	/	SYM
hassl-827	13	3	originality	originality	NOUN
hassl-827	13	4	:	:	PUNCT
hassl-827	13	5	this	this	DET
hassl-827	13	6	study	study	NOUN
hassl-827	13	7	is	be	AUX
hassl-827	13	8	one	one	NUM
hassl-827	13	9	of	of	ADP
hassl-827	13	10	few	few	ADJ
hassl-827	13	11	studies	study	NOUN
hassl-827	13	12	to	to	PART
hassl-827	13	13	have	have	AUX
hassl-827	13	14	investigated	investigate	VERB
hassl-827	13	15	the	the	DET
hassl-827	13	16	asset	asset	NOUN
hassl-827	13	17	pricing	pricing	NOUN
hassl-827	13	18	and	and	CCONJ
hassl-827	13	19	equity	equity	NOUN
hassl-827	13	20	duration	duration	NOUN
hassl-827	13	21	paradox	paradox	NOUN
hassl-827	13	22	by	by	ADP
hassl-827	13	23	estimating	estimate	VERB
hassl-827	13	24	banks‟	banks‟	NOUN
hassl-827	13	25	equity	equity	NOUN
hassl-827	13	26	duration	duration	NOUN
hassl-827	13	27	in	in	ADP
hassl-827	13	28	pakistan	pakistan	PROPN
hassl-827	13	29	,	,	PUNCT
hassl-827	13	30	india	india	PROPN
hassl-827	13	31	,	,	PUNCT
hassl-827	13	32	china	china	PROPN
hassl-827	13	33	,	,	PUNCT
hassl-827	13	34	australia	australia	PROPN
hassl-827	13	35	,	,	PUNCT
hassl-827	13	36	the	the	DET
hassl-827	13	37	uk	uk	PROPN
hassl-827	13	38	and	and	CCONJ
hassl-827	13	39	the	the	DET
hassl-827	13	40	us	us	PROPN
hassl-827	13	41	.	.	PUNCT
hassl-827	14	1	these	these	DET
hassl-827	14	2	results	result	NOUN
hassl-827	14	3	have	have	VERB
hassl-827	14	4	important	important	ADJ
hassl-827	14	5	implications	implication	NOUN
hassl-827	14	6	for	for	ADP
hassl-827	14	7	policymakers	policymaker	NOUN
hassl-827	14	8	particularly	particularly	ADV
hassl-827	14	9	because	because	SCONJ
hassl-827	14	10	banks	bank	NOUN
hassl-827	14	11	act	act	VERB
hassl-827	14	12	as	as	ADP
hassl-827	14	13	channels	channel	NOUN
hassl-827	14	14	for	for	ADP
hassl-827	14	15	monetary	monetary	ADJ
hassl-827	14	16	policy	policy	NOUN
hassl-827	14	17	.	.	PUNCT
hassl-827	15	1	1	1	X
hassl-827	15	2	.	.	X
hassl-827	15	3	introduction	introduction	NOUN
hassl-827	15	4	over	over	ADP
hassl-827	15	5	time	time	NOUN
hassl-827	15	6	,	,	PUNCT
hassl-827	15	7	different	different	ADJ
hassl-827	15	8	researchers	researcher	NOUN
hassl-827	15	9	have	have	AUX
hassl-827	15	10	contributed	contribute	VERB
hassl-827	15	11	towards	towards	ADP
hassl-827	15	12	the	the	DET
hassl-827	15	13	equity	equity	NOUN
hassl-827	15	14	duration	duration	NOUN
hassl-827	15	15	analysis	analysis	NOUN
hassl-827	15	16	in	in	ADP
hassl-827	15	17	financial	financial	ADJ
hassl-827	15	18	institutions	institution	NOUN
hassl-827	15	19	especially	especially	ADV
hassl-827	15	20	banks	bank	NOUN
hassl-827	15	21	.	.	PUNCT
hassl-827	16	1	in	in	ADP
hassl-827	16	2	this	this	DET
hassl-827	16	3	paper	paper	NOUN
hassl-827	16	4	we	we	PRON
hassl-827	16	5	examined	examine	VERB
hassl-827	16	6	the	the	DET
hassl-827	16	7	dispute	dispute	NOUN
hassl-827	16	8	of	of	ADP
hassl-827	16	9	bank	bank	NOUN
hassl-827	16	10	equity	equity	NOUN
hassl-827	16	11	duration	duration	NOUN
hassl-827	16	12	.	.	PUNCT
hassl-827	17	1	banks	bank	NOUN
hassl-827	17	2	being	be	AUX
hassl-827	17	3	financial	financial	ADJ
hassl-827	17	4	institutions	institution	NOUN
hassl-827	17	5	lend	lend	VERB
hassl-827	17	6	money	money	NOUN
hassl-827	17	7	to	to	ADP
hassl-827	17	8	the	the	DET
hassl-827	17	9	consumers	consumer	NOUN
hassl-827	17	10	or	or	CCONJ
hassl-827	17	11	borrowers	borrower	NOUN
hassl-827	17	12	and	and	CCONJ
hassl-827	17	13	at	at	ADP
hassl-827	17	14	the	the	DET
hassl-827	17	15	same	same	ADJ
hassl-827	17	16	time	time	NOUN
hassl-827	17	17	accept	accept	VERB
hassl-827	17	18	deposits	deposit	NOUN
hassl-827	17	19	from	from	ADP
hassl-827	17	20	customers	customer	NOUN
hassl-827	17	21	or	or	CCONJ
hassl-827	17	22	clients	client	NOUN
hassl-827	17	23	and	and	CCONJ
hassl-827	17	24	in	in	ADP
hassl-827	17	25	this	this	DET
hassl-827	17	26	way	way	NOUN
hassl-827	17	27	they	they	PRON
hassl-827	17	28	tend	tend	VERB
hassl-827	17	29	to	to	PART
hassl-827	17	30	be	be	AUX
hassl-827	17	31	more	more	ADV
hassl-827	17	32	sensitive	sensitive	ADJ
hassl-827	17	33	towards	towards	ADP
hassl-827	17	34	interest	interest	NOUN
hassl-827	17	35	rates	rate	NOUN
hassl-827	17	36	than	than	ADP
hassl-827	17	37	other	other	ADJ
hassl-827	17	38	non	non	ADJ
hassl-827	17	39	-	-	ADJ
hassl-827	17	40	financial	financial	ADJ
hassl-827	17	41	institutions	institution	NOUN
hassl-827	17	42	.	.	PUNCT
hassl-827	18	1	the	the	DET
hassl-827	18	2	gap	gap	NOUN
hassl-827	18	3	between	between	ADP
hassl-827	18	4	lending	lending	NOUN
hassl-827	18	5	and	and	CCONJ
hassl-827	18	6	borrowing	borrowing	NOUN
hassl-827	18	7	using	use	VERB
hassl-827	18	8	asset	asset	NOUN
hassl-827	18	9	liability	liability	NOUN
hassl-827	18	10	management	management	NOUN
hassl-827	18	11	provides	provide	VERB
hassl-827	18	12	a	a	DET
hassl-827	18	13	bank‟s	bank‟s	ADJ
hassl-827	18	14	profit	profit	NOUN
hassl-827	18	15	.	.	PUNCT
hassl-827	19	1	this	this	DET
hassl-827	19	2	duration	duration	NOUN
hassl-827	19	3	analysis	analysis	NOUN
hassl-827	19	4	concept	concept	NOUN
hassl-827	19	5	helps	help	VERB
hassl-827	19	6	indicate	indicate	VERB
hassl-827	19	7	how	how	SCONJ
hassl-827	19	8	fast	fast	ADJ
hassl-827	19	9	investments	investment	NOUN
hassl-827	19	10	can	can	AUX
hassl-827	19	11	be	be	AUX
hassl-827	19	12	recovered	recover	VERB
hassl-827	19	13	and	and	CCONJ
hassl-827	19	14	the	the	DET
hassl-827	19	15	sensitivity	sensitivity	NOUN
hassl-827	19	16	of	of	ADP
hassl-827	19	17	share	share	NOUN
hassl-827	19	18	prices	price	NOUN
hassl-827	19	19	to	to	AUX
hassl-827	19	20	changes	change	NOUN
hassl-827	19	21	in	in	ADP
hassl-827	19	22	interest	interest	NOUN
hassl-827	19	23	rates	rate	NOUN
hassl-827	19	24	.	.	PUNCT
hassl-827	20	1	it	it	PRON
hassl-827	20	2	is	be	AUX
hassl-827	20	3	one	one	NUM
hassl-827	20	4	of	of	ADP
hassl-827	20	5	the	the	DET
hassl-827	20	6	techniques	technique	NOUN
hassl-827	20	7	of	of	ADP
hassl-827	20	8	asset	asset	NOUN
hassl-827	20	9	/	/	SYM
hassl-827	20	10	liability	liability	NOUN
hassl-827	20	11	management	management	NOUN
hassl-827	20	12	that	that	PRON
hassl-827	20	13	is	be	AUX
hassl-827	20	14	used	use	VERB
hassl-827	20	15	to	to	PART
hassl-827	20	16	measure	measure	VERB
hassl-827	20	17	interest	interest	NOUN
hassl-827	20	18	rate	rate	NOUN
hassl-827	20	19	risk	risk	NOUN
hassl-827	20	20	and	and	CCONJ
hassl-827	20	21	liquidity	liquidity	NOUN
hassl-827	20	22	risk	risk	NOUN
hassl-827	20	23	.	.	PUNCT
hassl-827	21	1	we	we	PRON
hassl-827	21	2	estimated	estimate	VERB
hassl-827	21	3	duration	duration	NOUN
hassl-827	21	4	by	by	ADP
hassl-827	21	5	using	use	VERB
hassl-827	21	6	the	the	DET
hassl-827	21	7	co	co	NOUN
hassl-827	21	8	-	-	NOUN
hassl-827	21	9	integration	integration	NOUN
hassl-827	21	10	approach	approach	NOUN
hassl-827	21	11	and	and	CCONJ
hassl-827	21	12	the	the	DET
hassl-827	21	13	unit	unit	NOUN
hassl-827	21	14	root	root	PROPN
hassl-827	21	15	test	test	NOUN
hassl-827	21	16	on	on	ADP
hassl-827	21	17	panel	panel	NOUN
hassl-827	21	18	data	datum	NOUN
hassl-827	21	19	.	.	PUNCT
hassl-827	22	1	the	the	DET
hassl-827	22	2	classical	classical	ADJ
hassl-827	22	3	approach	approach	NOUN
hassl-827	22	4	based	base	VERB
hassl-827	22	5	on	on	ADP
hassl-827	22	6	the	the	DET
hassl-827	22	7	mccauley	mccauley	NOUN
hassl-827	22	8	approach	approach	NOUN
hassl-827	22	9	and	and	CCONJ
hassl-827	22	10	the	the	DET
hassl-827	22	11	leibowitz	leibowitz	PROPN
hassl-827	22	12	(	(	PUNCT
hassl-827	22	13	1986	1986	NUM
hassl-827	22	14	)	)	PUNCT
hassl-827	22	15	approach	approach	NOUN
hassl-827	22	16	provide	provide	VERB
hassl-827	22	17	contradictory	contradictory	ADJ
hassl-827	22	18	estimates	estimate	NOUN
hassl-827	22	19	of	of	ADP
hassl-827	22	20	duration	duration	NOUN
hassl-827	22	21	.	.	PUNCT
hassl-827	23	1	it	it	PRON
hassl-827	23	2	has	have	AUX
hassl-827	23	3	been	be	AUX
hassl-827	23	4	suggested	suggest	VERB
hassl-827	23	5	that	that	SCONJ
hassl-827	23	6	duration	duration	NOUN
hassl-827	23	7	should	should	AUX
hassl-827	23	8	be	be	AUX
hassl-827	23	9	valued	value	VERB
hassl-827	23	10	empirically	empirically	ADV
hassl-827	23	11	i.e.	i.e.	X
hassl-827	23	12	estimated	estimate	VERB
hassl-827	23	13	by	by	ADP
hassl-827	23	14	observation	observation	NOUN
hassl-827	23	15	or	or	CCONJ
hassl-827	23	16	experience	experience	NOUN
hassl-827	23	17	rather	rather	ADV
hassl-827	23	18	than	than	ADP
hassl-827	23	19	theory	theory	NOUN
hassl-827	23	20	.	.	PUNCT
hassl-827	24	1	the	the	DET
hassl-827	24	2	empirical	empirical	ADJ
hassl-827	24	3	information	information	NOUN
hassl-827	24	4	gives	give	VERB
hassl-827	24	5	indication	indication	NOUN
hassl-827	24	6	about	about	ADP
hassl-827	24	7	the	the	DET
hassl-827	24	8	profitability	profitability	NOUN
hassl-827	24	9	humanities	humanity	NOUN
hassl-827	24	10	and	and	CCONJ
hassl-827	24	11	social	social	ADJ
hassl-827	24	12	sciences	science	NOUN
hassl-827	24	13	letters	letter	NOUN
hassl-827	24	14	2019	2019	NUM
hassl-827	24	15	vol	vol	NOUN
hassl-827	24	16	.	.	PUNCT
hassl-827	25	1	7	7	NUM
hassl-827	25	2	,	,	PUNCT
hassl-827	25	3	no	no	INTJ
hassl-827	25	4	.	.	NOUN
hassl-827	25	5	3	3	NUM
hassl-827	25	6	,	,	PUNCT
hassl-827	25	7	pp	pp	ADJ
hassl-827	25	8	.	.	PUNCT
hassl-827	26	1	167	167	NUM
hassl-827	26	2	-	-	SYM
hassl-827	26	3	180	180	NUM
hassl-827	26	4	issn(e	issn(e	NOUN
hassl-827	26	5	):	):	PUNCT
hassl-827	26	6	2312	2312	NUM
hassl-827	26	7	-	-	SYM
hassl-827	26	8	4318	4318	NUM
hassl-827	26	9	issn(p	issn(p	NUM
hassl-827	26	10	):	):	PUNCT
hassl-827	26	11	2312	2312	NUM
hassl-827	26	12	-	-	SYM
hassl-827	26	13	5659	5659	NUM
hassl-827	26	14	doi	doi	NOUN
hassl-827	26	15	:	:	PUNCT
hassl-827	26	16	10.18488	10.18488	NUM
hassl-827	26	17	/	/	SYM
hassl-827	26	18	journal.73.2019.73.167.180	journal.73.2019.73.167.180	NOUN
hassl-827	26	19	©	©	PROPN
hassl-827	26	20	2019	2019	NUM
hassl-827	26	21	conscientia	conscientia	PROPN
hassl-827	26	22	beam	beam	PROPN
hassl-827	26	23	.	.	PUNCT
hassl-827	27	1	all	all	DET
hassl-827	27	2	rights	right	NOUN
hassl-827	27	3	reserved	reserve	VERB
hassl-827	27	4	.	.	PUNCT
hassl-827	28	1	https://www.doi.org/10.18488/journal.73.2019.73.167.180	https://www.doi.org/10.18488/journal.73.2019.73.167.180	ADJ
hassl-827	28	2	humanities	humanity	NOUN
hassl-827	28	3	and	and	CCONJ
hassl-827	28	4	social	social	ADJ
hassl-827	28	5	sciences	science	NOUN
hassl-827	28	6	letters	letter	NOUN
hassl-827	28	7	,	,	PUNCT
hassl-827	28	8	2019	2019	NUM
hassl-827	28	9	,	,	PUNCT
hassl-827	28	10	7(3	7(3	NUM
hassl-827	28	11	):	):	PUNCT
hassl-827	28	12	167	167	NUM
hassl-827	28	13	-	-	SYM
hassl-827	28	14	180	180	NUM
hassl-827	28	15	168	168	NUM
hassl-827	28	16	©	©	PROPN
hassl-827	28	17	2019	2019	NUM
hassl-827	28	18	conscientia	conscientia	PROPN
hassl-827	28	19	beam	beam	PROPN
hassl-827	28	20	.	.	PUNCT
hassl-827	29	1	all	all	DET
hassl-827	29	2	rights	right	NOUN
hassl-827	29	3	reserved	reserve	VERB
hassl-827	29	4	.	.	PUNCT
hassl-827	30	1	of	of	ADP
hassl-827	30	2	shares	share	NOUN
hassl-827	30	3	portfolio	portfolio	NOUN
hassl-827	30	4	to	to	ADP
hassl-827	30	5	the	the	DET
hassl-827	30	6	banker	banker	NOUN
hassl-827	30	7	and	and	CCONJ
hassl-827	30	8	central	central	ADJ
hassl-827	30	9	bank	bank	NOUN
hassl-827	30	10	.	.	PUNCT
hassl-827	31	1	it	it	PRON
hassl-827	31	2	allows	allow	VERB
hassl-827	31	3	us	we	PRON
hassl-827	31	4	to	to	PART
hassl-827	31	5	do	do	AUX
hassl-827	31	6	compare	compare	VERB
hassl-827	31	7	duration	duration	NOUN
hassl-827	31	8	between	between	ADP
hassl-827	31	9	banks	bank	NOUN
hassl-827	31	10	in	in	ADP
hassl-827	31	11	different	different	ADJ
hassl-827	31	12	countries	country	NOUN
hassl-827	31	13	and	and	CCONJ
hassl-827	31	14	examine	examine	VERB
hassl-827	31	15	individual	individual	ADJ
hassl-827	31	16	effects	effect	NOUN
hassl-827	31	17	within	within	ADP
hassl-827	31	18	the	the	DET
hassl-827	31	19	same	same	ADJ
hassl-827	31	20	model	model	NOUN
hassl-827	31	21	.	.	PUNCT
hassl-827	32	1	different	different	ADJ
hassl-827	32	2	researchers	researcher	NOUN
hassl-827	32	3	have	have	AUX
hassl-827	32	4	shown	show	VERB
hassl-827	32	5	that	that	SCONJ
hassl-827	32	6	the	the	DET
hassl-827	32	7	equity	equity	NOUN
hassl-827	32	8	market	market	NOUN
hassl-827	32	9	generally	generally	ADV
hassl-827	32	10	responds	respond	VERB
hassl-827	32	11	to	to	ADP
hassl-827	32	12	interest	interest	NOUN
hassl-827	32	13	rate	rate	NOUN
hassl-827	32	14	changes	change	NOUN
hassl-827	32	15	(	(	PUNCT
hassl-827	32	16	fama	fama	NOUN
hassl-827	32	17	and	and	CCONJ
hassl-827	32	18	french	french	ADJ
hassl-827	32	19	,	,	PUNCT
hassl-827	32	20	1989	1989	NUM
hassl-827	32	21	)	)	PUNCT
hassl-827	32	22	.	.	PUNCT
hassl-827	33	1	however	however	ADV
hassl-827	33	2	,	,	PUNCT
hassl-827	33	3	when	when	SCONJ
hassl-827	33	4	it	it	PRON
hassl-827	33	5	comes	come	VERB
hassl-827	33	6	to	to	ADP
hassl-827	33	7	bank	bank	NOUN
hassl-827	33	8	stocks	stock	NOUN
hassl-827	33	9	the	the	DET
hassl-827	33	10	case	case	NOUN
hassl-827	33	11	is	be	AUX
hassl-827	33	12	a	a	DET
hassl-827	33	13	little	little	ADJ
hassl-827	33	14	different	different	ADJ
hassl-827	33	15	and	and	CCONJ
hassl-827	33	16	unclear	unclear	ADJ
hassl-827	33	17	.	.	PUNCT
hassl-827	34	1	the	the	DET
hassl-827	34	2	banks	bank	NOUN
hassl-827	34	3	being	be	AUX
hassl-827	34	4	in	in	ADP
hassl-827	34	5	the	the	DET
hassl-827	34	6	business	business	NOUN
hassl-827	34	7	of	of	ADP
hassl-827	34	8	lending	lending	NOUN
hassl-827	34	9	/	/	SYM
hassl-827	34	10	borrowing	borrowing	NOUN
hassl-827	34	11	makes	make	VERB
hassl-827	34	12	them	they	PRON
hassl-827	34	13	more	more	ADV
hassl-827	34	14	sensitive	sensitive	ADJ
hassl-827	34	15	to	to	ADP
hassl-827	34	16	interest	interest	NOUN
hassl-827	34	17	rates	rate	NOUN
hassl-827	34	18	than	than	ADP
hassl-827	34	19	other	other	ADJ
hassl-827	34	20	nonfinancial	nonfinancial	ADJ
hassl-827	34	21	institutions	institution	NOUN
hassl-827	34	22	.	.	PUNCT
hassl-827	35	1	studies	study	NOUN
hassl-827	35	2	showed	show	VERB
hassl-827	35	3	that	that	SCONJ
hassl-827	35	4	banks‟	banks‟	PROPN
hassl-827	35	5	stock	stock	NOUN
hassl-827	35	6	return	return	NOUN
hassl-827	35	7	are	be	AUX
hassl-827	35	8	far	far	ADV
hassl-827	35	9	greater	great	ADJ
hassl-827	35	10	in	in	ADP
hassl-827	35	11	terms	term	NOUN
hassl-827	35	12	of	of	ADP
hassl-827	35	13	sensitivity	sensitivity	NOUN
hassl-827	35	14	to	to	ADP
hassl-827	35	15	interest	interest	NOUN
hassl-827	35	16	rates	rate	NOUN
hassl-827	35	17	than	than	ADP
hassl-827	35	18	those	those	PRON
hassl-827	35	19	of	of	ADP
hassl-827	35	20	non	non	ADJ
hassl-827	35	21	-	-	ADJ
hassl-827	35	22	financial	financial	ADJ
hassl-827	35	23	institutions	institution	NOUN
hassl-827	35	24	(	(	PUNCT
hassl-827	35	25	lynge	lynge	NOUN
hassl-827	35	26	and	and	CCONJ
hassl-827	35	27	zumwalt	zumwalt	PROPN
hassl-827	35	28	,	,	PUNCT
hassl-827	35	29	1980	1980	NUM
hassl-827	35	30	;	;	PUNCT
hassl-827	35	31	flannery	flannery	PROPN
hassl-827	35	32	and	and	CCONJ
hassl-827	35	33	james	james	PROPN
hassl-827	35	34	,	,	PUNCT
hassl-827	35	35	1984	1984	NUM
hassl-827	35	36	;	;	PUNCT
hassl-827	35	37	booth	booth	NOUN
hassl-827	35	38	and	and	CCONJ
hassl-827	35	39	officer	officer	NOUN
hassl-827	35	40	,	,	PUNCT
hassl-827	35	41	1985	1985	NUM
hassl-827	35	42	)	)	PUNCT
hassl-827	35	43	.	.	PUNCT
hassl-827	36	1	other	other	ADJ
hassl-827	36	2	prior	prior	ADJ
hassl-827	36	3	studies	study	NOUN
hassl-827	36	4	on	on	ADP
hassl-827	36	5	the	the	DET
hassl-827	36	6	same	same	ADJ
hassl-827	36	7	issue	issue	NOUN
hassl-827	36	8	have	have	AUX
hassl-827	36	9	been	be	AUX
hassl-827	36	10	conducted	conduct	VERB
hassl-827	36	11	using	use	VERB
hassl-827	36	12	arch	arch	NOUN
hassl-827	36	13	based	base	VERB
hassl-827	36	14	methods	method	NOUN
hassl-827	36	15	and	and	CCONJ
hassl-827	36	16	the	the	DET
hassl-827	36	17	results	result	NOUN
hassl-827	36	18	have	have	AUX
hassl-827	36	19	shown	show	VERB
hassl-827	36	20	that	that	SCONJ
hassl-827	36	21	fluctuating	fluctuate	VERB
hassl-827	36	22	interest	interest	NOUN
hassl-827	36	23	rates	rate	NOUN
hassl-827	36	24	have	have	VERB
hassl-827	36	25	an	an	DET
hassl-827	36	26	impact	impact	NOUN
hassl-827	36	27	on	on	ADP
hassl-827	36	28	bank	bank	NOUN
hassl-827	36	29	shares	share	NOUN
hassl-827	36	30	.	.	PUNCT
hassl-827	37	1	some	some	DET
hassl-827	37	2	examples	example	NOUN
hassl-827	37	3	are	be	AUX
hassl-827	37	4	(	(	PUNCT
hassl-827	37	5	flannery	flannery	PROPN
hassl-827	37	6	et	et	PROPN
hassl-827	37	7	al	al	PROPN
hassl-827	37	8	.	.	PROPN
hassl-827	37	9	,	,	PUNCT
hassl-827	37	10	1997	1997	NUM
hassl-827	37	11	;	;	PUNCT
hassl-827	37	12	elyasiani	elyasiani	PROPN
hassl-827	37	13	and	and	CCONJ
hassl-827	37	14	mansur	mansur	PROPN
hassl-827	37	15	,	,	PUNCT
hassl-827	37	16	1998	1998	NUM
hassl-827	37	17	)	)	PUNCT
hassl-827	37	18	.	.	PUNCT
hassl-827	38	1	cox	cox	PROPN
hassl-827	38	2	et	et	PROPN
hassl-827	38	3	al	al	PROPN
hassl-827	38	4	.	.	PROPN
hassl-827	38	5	(	(	PUNCT
hassl-827	38	6	1981	1981	NUM
hassl-827	38	7	)	)	PUNCT
hassl-827	38	8	found	find	VERB
hassl-827	38	9	that	that	SCONJ
hassl-827	38	10	investors	investor	NOUN
hassl-827	38	11	are	be	AUX
hassl-827	38	12	risk	risk	NOUN
hassl-827	38	13	adverse	adverse	ADJ
hassl-827	38	14	so	so	SCONJ
hassl-827	38	15	there	there	PRON
hassl-827	38	16	is	be	VERB
hassl-827	38	17	no	no	DET
hassl-827	38	18	hope	hope	NOUN
hassl-827	38	19	that	that	PRON
hassl-827	38	20	expected	expect	VERB
hassl-827	38	21	returns	return	NOUN
hassl-827	38	22	on	on	ADP
hassl-827	38	23	all	all	DET
hassl-827	38	24	bonds	bond	NOUN
hassl-827	38	25	are	be	AUX
hassl-827	38	26	the	the	DET
hassl-827	38	27	same	same	ADJ
hassl-827	38	28	over	over	ADP
hassl-827	38	29	all	all	DET
hassl-827	38	30	possible	possible	ADJ
hassl-827	38	31	time	time	NOUN
hassl-827	38	32	limits	limit	NOUN
hassl-827	38	33	.	.	PUNCT
hassl-827	39	1	in	in	ADP
hassl-827	39	2	the	the	DET
hassl-827	39	3	beginning	beginning	NOUN
hassl-827	39	4	of	of	ADP
hassl-827	39	5	2000	2000	NUM
hassl-827	39	6	a	a	DET
hassl-827	39	7	perfect	perfect	ADJ
hassl-827	39	8	storm	storm	NOUN
hassl-827	39	9	for	for	ADP
hassl-827	39	10	defined	define	VERB
hassl-827	39	11	benefit	benefit	NOUN
hassl-827	39	12	pension	pension	NOUN
hassl-827	39	13	funds	fund	NOUN
hassl-827	39	14	was	be	AUX
hassl-827	39	15	created	create	VERB
hassl-827	39	16	after	after	SCONJ
hassl-827	39	17	there	there	PRON
hassl-827	39	18	was	be	VERB
hassl-827	39	19	a	a	DET
hassl-827	39	20	decline	decline	NOUN
hassl-827	39	21	in	in	ADP
hassl-827	39	22	the	the	DET
hassl-827	39	23	long	long	ADJ
hassl-827	39	24	term	term	NOUN
hassl-827	39	25	interest	interest	NOUN
hassl-827	39	26	rates	rate	NOUN
hassl-827	39	27	and	and	CCONJ
hassl-827	39	28	stock	stock	NOUN
hassl-827	39	29	prices	price	NOUN
hassl-827	39	30	.	.	PUNCT
hassl-827	40	1	chance	chance	NOUN
hassl-827	40	2	(	(	PUNCT
hassl-827	40	3	1990	1990	NUM
hassl-827	40	4	)	)	PUNCT
hassl-827	40	5	and	and	CCONJ
hassl-827	40	6	acharya	acharya	NOUN
hassl-827	40	7	and	and	CCONJ
hassl-827	40	8	carpenter	carpenter	PROPN
hassl-827	40	9	(	(	PUNCT
hassl-827	40	10	2002	2002	NUM
hassl-827	40	11	)	)	PUNCT
hassl-827	40	12	highlighted	highlight	VERB
hassl-827	40	13	the	the	DET
hassl-827	40	14	importance	importance	NOUN
hassl-827	40	15	of	of	ADP
hassl-827	40	16	adjusting	adjust	VERB
hassl-827	40	17	duration	duration	NOUN
hassl-827	40	18	for	for	ADP
hassl-827	40	19	call	call	NOUN
hassl-827	40	20	risk	risk	NOUN
hassl-827	40	21	and	and	CCONJ
hassl-827	40	22	default	default	NOUN
hassl-827	40	23	.	.	PUNCT
hassl-827	41	1	when	when	SCONJ
hassl-827	41	2	banks	bank	NOUN
hassl-827	41	3	can	can	AUX
hassl-827	41	4	hedge	hedge	VERB
hassl-827	41	5	their	their	PRON
hassl-827	41	6	exposure	exposure	NOUN
hassl-827	41	7	to	to	ADP
hassl-827	41	8	changes	change	NOUN
hassl-827	41	9	in	in	ADP
hassl-827	41	10	interest	interest	NOUN
hassl-827	41	11	rates	rate	NOUN
hassl-827	41	12	by	by	ADP
hassl-827	41	13	the	the	DET
hassl-827	41	14	matching	matching	NOUN
hassl-827	41	15	of	of	ADP
hassl-827	41	16	assets	asset	NOUN
hassl-827	41	17	and	and	CCONJ
hassl-827	41	18	liabilities	liability	NOUN
hassl-827	41	19	,	,	PUNCT
hassl-827	41	20	they	they	PRON
hassl-827	41	21	are	be	AUX
hassl-827	41	22	less	less	ADV
hassl-827	41	23	affected	affect	VERB
hassl-827	41	24	by	by	ADP
hassl-827	41	25	fluctuation	fluctuation	NOUN
hassl-827	41	26	in	in	ADP
hassl-827	41	27	interest	interest	NOUN
hassl-827	41	28	rate	rate	NOUN
hassl-827	41	29	.	.	PUNCT
hassl-827	42	1	the	the	DET
hassl-827	42	2	hypothesis	hypothesis	NOUN
hassl-827	42	3	developed	develop	VERB
hassl-827	42	4	by	by	ADP
hassl-827	42	5	researchers	researcher	NOUN
hassl-827	42	6	cornell	cornell	PROPN
hassl-827	42	7	and	and	CCONJ
hassl-827	42	8	french	french	ADJ
hassl-827	42	9	(	(	PUNCT
hassl-827	42	10	1983	1983	NUM
hassl-827	42	11	)	)	PUNCT
hassl-827	42	12	suggested	suggest	VERB
hassl-827	42	13	a	a	DET
hassl-827	42	14	direct	direct	ADJ
hassl-827	42	15	association	association	NOUN
hassl-827	42	16	between	between	ADP
hassl-827	42	17	the	the	DET
hassl-827	42	18	amount	amount	NOUN
hassl-827	42	19	of	of	ADP
hassl-827	42	20	net	net	ADJ
hassl-827	42	21	nominal	nominal	ADJ
hassl-827	42	22	assets	asset	NOUN
hassl-827	42	23	and	and	CCONJ
hassl-827	42	24	bank	bank	NOUN
hassl-827	42	25	stock	stock	NOUN
hassl-827	42	26	sensitivity	sensitivity	NOUN
hassl-827	42	27	and	and	CCONJ
hassl-827	42	28	the	the	DET
hassl-827	42	29	duration	duration	NOUN
hassl-827	42	30	of	of	ADP
hassl-827	42	31	those	those	DET
hassl-827	42	32	assets	asset	NOUN
hassl-827	42	33	.	.	PUNCT
hassl-827	43	1	so	so	ADV
hassl-827	43	2	,	,	PUNCT
hassl-827	43	3	a	a	DET
hassl-827	43	4	mismatch	mismatch	NOUN
hassl-827	43	5	of	of	ADP
hassl-827	43	6	the	the	DET
hassl-827	43	7	assets	asset	NOUN
hassl-827	43	8	and	and	CCONJ
hassl-827	43	9	liabilities	liability	NOUN
hassl-827	43	10	can	can	AUX
hassl-827	43	11	make	make	VERB
hassl-827	43	12	banks	bank	NOUN
hassl-827	43	13	sensitive	sensitive	ADJ
hassl-827	43	14	to	to	ADP
hassl-827	43	15	interest	interest	NOUN
hassl-827	43	16	rate	rate	NOUN
hassl-827	43	17	variations	variation	NOUN
hassl-827	43	18	.	.	PUNCT
hassl-827	44	1	peng	peng	PROPN
hassl-827	44	2	et	et	PROPN
hassl-827	44	3	al	al	PROPN
hassl-827	44	4	.	.	PROPN
hassl-827	45	1	(	(	PUNCT
hassl-827	45	2	2003	2003	NUM
hassl-827	45	3	)	)	PUNCT
hassl-827	45	4	stated	state	VERB
hassl-827	45	5	that	that	SCONJ
hassl-827	45	6	the	the	DET
hassl-827	45	7	impact	impact	NOUN
hassl-827	45	8	of	of	ADP
hassl-827	45	9	the	the	DET
hassl-827	45	10	interest	interest	NOUN
hassl-827	45	11	rate	rate	NOUN
hassl-827	45	12	change	change	NOUN
hassl-827	45	13	affects	affect	VERB
hassl-827	45	14	the	the	DET
hassl-827	45	15	incentive	incentive	NOUN
hassl-827	45	16	of	of	ADP
hassl-827	45	17	investors	investor	NOUN
hassl-827	45	18	to	to	PART
hassl-827	45	19	keep	keep	VERB
hassl-827	45	20	their	their	PRON
hassl-827	45	21	deposits	deposit	NOUN
hassl-827	45	22	in	in	ADP
hassl-827	45	23	banks	bank	NOUN
hassl-827	45	24	.	.	PUNCT
hassl-827	46	1	the	the	DET
hassl-827	46	2	impact	impact	NOUN
hassl-827	46	3	of	of	ADP
hassl-827	46	4	changes	change	NOUN
hassl-827	46	5	in	in	ADP
hassl-827	46	6	interest	interest	NOUN
hassl-827	46	7	rates	rate	NOUN
hassl-827	46	8	was	be	AUX
hassl-827	46	9	much	much	ADV
hassl-827	46	10	higher	high	ADJ
hassl-827	46	11	on	on	ADP
hassl-827	46	12	depositors	depositor	NOUN
hassl-827	46	13	than	than	ADP
hassl-827	46	14	borrowers	borrower	NOUN
hassl-827	46	15	.	.	PUNCT
hassl-827	47	1	the	the	DET
hassl-827	47	2	article	article	NOUN
hassl-827	47	3	concluded	conclude	VERB
hassl-827	47	4	that	that	SCONJ
hassl-827	47	5	the	the	DET
hassl-827	47	6	pre	pre	ADJ
hassl-827	47	7	-	-	ADJ
hassl-827	47	8	tax	tax	ADJ
hassl-827	47	9	profitability	profitability	NOUN
hassl-827	47	10	of	of	ADP
hassl-827	47	11	the	the	DET
hassl-827	47	12	banks	bank	NOUN
hassl-827	47	13	was	be	AUX
hassl-827	47	14	primarily	primarily	ADV
hassl-827	47	15	driven	drive	VERB
hassl-827	47	16	by	by	ADP
hassl-827	47	17	actions	action	NOUN
hassl-827	47	18	in	in	ADP
hassl-827	47	19	the	the	DET
hassl-827	47	20	interest	interest	NOUN
hassl-827	47	21	rate	rate	NOUN
hassl-827	47	22	margins	margin	NOUN
hassl-827	47	23	.	.	PUNCT
hassl-827	48	1	ngugi	ngugi	NOUN
hassl-827	48	2	(	(	PUNCT
hassl-827	48	3	2001	2001	NUM
hassl-827	48	4	)	)	PUNCT
hassl-827	48	5	went	go	VERB
hassl-827	48	6	a	a	DET
hassl-827	48	7	step	step	NOUN
hassl-827	48	8	forward	forward	ADV
hassl-827	48	9	while	while	SCONJ
hassl-827	48	10	describing	describe	VERB
hassl-827	48	11	the	the	DET
hassl-827	48	12	banks‟	banks‟	PROPN
hassl-827	48	13	problem	problem	NOUN
hassl-827	48	14	of	of	ADP
hassl-827	48	15	covering	cover	VERB
hassl-827	48	16	their	their	PRON
hassl-827	48	17	costs	cost	NOUN
hassl-827	48	18	and	and	CCONJ
hassl-827	48	19	staying	stay	VERB
hassl-827	48	20	profitable	profitable	ADJ
hassl-827	48	21	even	even	ADV
hassl-827	48	22	with	with	ADP
hassl-827	48	23	different	different	ADJ
hassl-827	48	24	levels	level	NOUN
hassl-827	48	25	of	of	ADP
hassl-827	48	26	interest	interest	NOUN
hassl-827	48	27	rates	rate	NOUN
hassl-827	48	28	.	.	PUNCT
hassl-827	49	1	the	the	DET
hassl-827	49	2	article	article	NOUN
hassl-827	49	3	further	far	ADV
hassl-827	49	4	discussed	discuss	VERB
hassl-827	49	5	the	the	DET
hassl-827	49	6	impact	impact	NOUN
hassl-827	49	7	of	of	ADP
hassl-827	49	8	different	different	ADJ
hassl-827	49	9	risks	risk	NOUN
hassl-827	49	10	on	on	ADP
hassl-827	49	11	the	the	DET
hassl-827	49	12	differential	differential	NOUN
hassl-827	49	13	the	the	DET
hassl-827	49	14	banks	bank	NOUN
hassl-827	49	15	charged	charge	VERB
hassl-827	49	16	to	to	ADP
hassl-827	49	17	borrowers	borrower	NOUN
hassl-827	49	18	.	.	PUNCT
hassl-827	50	1	the	the	DET
hassl-827	50	2	spread	spread	NOUN
hassl-827	50	3	was	be	AUX
hassl-827	50	4	stated	state	VERB
hassl-827	50	5	to	to	PART
hassl-827	50	6	also	also	ADV
hassl-827	50	7	be	be	AUX
hassl-827	50	8	dependent	dependent	ADJ
hassl-827	50	9	over	over	ADP
hassl-827	50	10	the	the	DET
hassl-827	50	11	perfection	perfection	NOUN
hassl-827	50	12	of	of	ADP
hassl-827	50	13	the	the	DET
hassl-827	50	14	market	market	NOUN
hassl-827	50	15	.	.	PUNCT
hassl-827	51	1	the	the	DET
hassl-827	51	2	spread	spread	NOUN
hassl-827	51	3	in	in	ADP
hassl-827	51	4	a	a	DET
hassl-827	51	5	perfect	perfect	ADJ
hassl-827	51	6	market	market	NOUN
hassl-827	51	7	is	be	AUX
hassl-827	51	8	usually	usually	ADV
hassl-827	51	9	low	low	ADJ
hassl-827	51	10	due	due	ADP
hassl-827	51	11	to	to	ADP
hassl-827	51	12	stability	stability	NOUN
hassl-827	51	13	and	and	CCONJ
hassl-827	51	14	competition	competition	NOUN
hassl-827	51	15	with	with	ADP
hassl-827	51	16	other	other	ADJ
hassl-827	51	17	financial	financial	ADJ
hassl-827	51	18	institutions	institution	NOUN
hassl-827	51	19	while	while	SCONJ
hassl-827	51	20	the	the	DET
hassl-827	51	21	spread	spread	NOUN
hassl-827	51	22	is	be	AUX
hassl-827	51	23	high	high	ADJ
hassl-827	51	24	during	during	ADP
hassl-827	51	25	uncertain	uncertain	ADJ
hassl-827	51	26	conditions	condition	NOUN
hassl-827	51	27	.	.	PUNCT
hassl-827	52	1	however	however	ADV
hassl-827	52	2	,	,	PUNCT
hassl-827	52	3	the	the	DET
hassl-827	52	4	imperfect	imperfect	ADJ
hassl-827	52	5	market	market	NOUN
hassl-827	52	6	is	be	AUX
hassl-827	52	7	when	when	SCONJ
hassl-827	52	8	the	the	DET
hassl-827	52	9	legal	legal	ADJ
hassl-827	52	10	framework	framework	NOUN
hassl-827	52	11	in	in	ADP
hassl-827	52	12	a	a	DET
hassl-827	52	13	given	give	VERB
hassl-827	52	14	jurisdiction	jurisdiction	NOUN
hassl-827	52	15	is	be	AUX
hassl-827	52	16	not	not	PART
hassl-827	52	17	strong	strong	ADJ
hassl-827	52	18	enough	enough	ADV
hassl-827	52	19	for	for	ADP
hassl-827	52	20	the	the	DET
hassl-827	52	21	repayment	repayment	NOUN
hassl-827	52	22	.	.	PUNCT
hassl-827	53	1	in	in	ADP
hassl-827	53	2	this	this	DET
hassl-827	53	3	case	case	NOUN
hassl-827	53	4	,	,	PUNCT
hassl-827	53	5	the	the	DET
hassl-827	53	6	bank	bank	NOUN
hassl-827	53	7	charges	charge	VERB
hassl-827	53	8	a	a	DET
hassl-827	53	9	higher	high	ADJ
hassl-827	53	10	spread	spread	NOUN
hassl-827	53	11	in	in	ADP
hassl-827	53	12	order	order	NOUN
hassl-827	53	13	to	to	PART
hassl-827	53	14	cover	cover	VERB
hassl-827	53	15	the	the	DET
hassl-827	53	16	risk	risk	NOUN
hassl-827	53	17	of	of	ADP
hassl-827	53	18	loan	loan	NOUN
hassl-827	53	19	default	default	NOUN
hassl-827	53	20	by	by	ADP
hassl-827	53	21	any	any	PRON
hassl-827	53	22	of	of	ADP
hassl-827	53	23	its	its	PRON
hassl-827	53	24	borrowers	borrower	NOUN
hassl-827	53	25	.	.	PUNCT
hassl-827	54	1	the	the	DET
hassl-827	54	2	macro	macro	ADJ
hassl-827	54	3	-	-	ADJ
hassl-827	54	4	economic	economic	ADJ
hassl-827	54	5	environment	environment	NOUN
hassl-827	54	6	also	also	ADV
hassl-827	54	7	creates	create	VERB
hassl-827	54	8	a	a	DET
hassl-827	54	9	positive	positive	ADJ
hassl-827	54	10	or	or	CCONJ
hassl-827	54	11	adverse	adverse	ADJ
hassl-827	54	12	effect	effect	NOUN
hassl-827	54	13	on	on	ADP
hassl-827	54	14	the	the	DET
hassl-827	54	15	profitability	profitability	NOUN
hassl-827	54	16	of	of	ADP
hassl-827	54	17	the	the	DET
hassl-827	54	18	banking	banking	NOUN
hassl-827	54	19	sector	sector	NOUN
hassl-827	54	20	since	since	SCONJ
hassl-827	54	21	banking	banking	NOUN
hassl-827	54	22	is	be	AUX
hassl-827	54	23	a	a	DET
hassl-827	54	24	financial	financial	ADJ
hassl-827	54	25	intermediary	intermediary	NOUN
hassl-827	54	26	and	and	CCONJ
hassl-827	54	27	gets	get	AUX
hassl-827	54	28	directly	directly	ADV
hassl-827	54	29	affected	affect	VERB
hassl-827	54	30	by	by	ADP
hassl-827	54	31	changes	change	NOUN
hassl-827	54	32	in	in	ADP
hassl-827	54	33	the	the	DET
hassl-827	54	34	financial	financial	ADJ
hassl-827	54	35	market	market	NOUN
hassl-827	54	36	due	due	ADP
hassl-827	54	37	to	to	ADP
hassl-827	54	38	macroeconomic	macroeconomic	ADJ
hassl-827	54	39	factors	factor	NOUN
hassl-827	54	40	.	.	PUNCT
hassl-827	55	1	the	the	DET
hassl-827	55	2	borrower	borrower	NOUN
hassl-827	55	3	is	be	AUX
hassl-827	55	4	directly	directly	ADV
hassl-827	55	5	affected	affect	VERB
hassl-827	55	6	by	by	ADP
hassl-827	55	7	the	the	DET
hassl-827	55	8	performance	performance	NOUN
hassl-827	55	9	of	of	ADP
hassl-827	55	10	the	the	DET
hassl-827	55	11	market	market	NOUN
hassl-827	55	12	which	which	PRON
hassl-827	55	13	leads	lead	VERB
hassl-827	55	14	to	to	ADP
hassl-827	55	15	the	the	DET
hassl-827	55	16	decision	decision	NOUN
hassl-827	55	17	regarding	regard	VERB
hassl-827	55	18	bank	bank	NOUN
hassl-827	55	19	financing	financing	NOUN
hassl-827	55	20	or	or	CCONJ
hassl-827	55	21	to	to	PART
hassl-827	55	22	keep	keep	VERB
hassl-827	55	23	the	the	DET
hassl-827	55	24	volume	volume	NOUN
hassl-827	55	25	of	of	ADP
hassl-827	55	26	business	business	NOUN
hassl-827	55	27	steady	steady	ADJ
hassl-827	55	28	.	.	PUNCT
hassl-827	56	1	the	the	DET
hassl-827	56	2	financial	financial	ADJ
hassl-827	56	3	decisions	decision	NOUN
hassl-827	56	4	are	be	AUX
hassl-827	56	5	usually	usually	ADV
hassl-827	56	6	made	make	VERB
hassl-827	56	7	via	via	ADP
hassl-827	56	8	a	a	DET
hassl-827	56	9	rational	rational	ADJ
hassl-827	56	10	cost	cost	NOUN
hassl-827	56	11	to	to	PART
hassl-827	56	12	benefit	benefit	VERB
hassl-827	56	13	analysis	analysis	NOUN
hassl-827	56	14	which	which	PRON
hassl-827	56	15	is	be	AUX
hassl-827	56	16	aided	aid	VERB
hassl-827	56	17	by	by	ADP
hassl-827	56	18	the	the	DET
hassl-827	56	19	performance	performance	NOUN
hassl-827	56	20	and	and	CCONJ
hassl-827	56	21	stability	stability	NOUN
hassl-827	56	22	of	of	ADP
hassl-827	56	23	financial	financial	ADJ
hassl-827	56	24	market	market	NOUN
hassl-827	56	25	and	and	CCONJ
hassl-827	56	26	economy	economy	NOUN
hassl-827	56	27	.	.	PUNCT
hassl-827	57	1	the	the	DET
hassl-827	57	2	demand	demand	NOUN
hassl-827	57	3	for	for	ADP
hassl-827	57	4	bank	bank	NOUN
hassl-827	57	5	borrowing	borrowing	NOUN
hassl-827	57	6	is	be	AUX
hassl-827	57	7	also	also	ADV
hassl-827	57	8	dependent	dependent	ADJ
hassl-827	57	9	on	on	ADP
hassl-827	57	10	the	the	DET
hassl-827	57	11	elasticity	elasticity	NOUN
hassl-827	57	12	of	of	ADP
hassl-827	57	13	interest	interest	NOUN
hassl-827	57	14	rate	rate	NOUN
hassl-827	57	15	.	.	PUNCT
hassl-827	58	1	lower	low	ADJ
hassl-827	58	2	elasticity	elasticity	NOUN
hassl-827	58	3	reflects	reflect	VERB
hassl-827	58	4	that	that	SCONJ
hassl-827	58	5	the	the	DET
hassl-827	58	6	spread	spread	NOUN
hassl-827	58	7	can	can	AUX
hassl-827	58	8	be	be	AUX
hassl-827	58	9	higher	high	ADJ
hassl-827	58	10	and	and	CCONJ
hassl-827	58	11	it	it	PRON
hassl-827	58	12	also	also	ADV
hassl-827	58	13	reflects	reflect	VERB
hassl-827	58	14	an	an	DET
hassl-827	58	15	underdeveloped	underdeveloped	ADJ
hassl-827	58	16	money	money	NOUN
hassl-827	58	17	market	market	NOUN
hassl-827	58	18	.	.	PUNCT
hassl-827	59	1	the	the	DET
hassl-827	59	2	profitability	profitability	NOUN
hassl-827	59	3	of	of	ADP
hassl-827	59	4	the	the	DET
hassl-827	59	5	banking	banking	NOUN
hassl-827	59	6	sector	sector	NOUN
hassl-827	59	7	in	in	ADP
hassl-827	59	8	the	the	DET
hassl-827	59	9	presence	presence	NOUN
hassl-827	59	10	of	of	ADP
hassl-827	59	11	an	an	DET
hassl-827	59	12	underdeveloped	underdeveloped	ADJ
hassl-827	59	13	money	money	NOUN
hassl-827	59	14	market	market	NOUN
hassl-827	59	15	is	be	AUX
hassl-827	59	16	usually	usually	ADV
hassl-827	59	17	high	high	ADJ
hassl-827	59	18	due	due	ADJ
hassl-827	59	19	to	to	ADP
hassl-827	59	20	fewer	few	ADJ
hassl-827	59	21	options	option	NOUN
hassl-827	59	22	being	be	AUX
hassl-827	59	23	available	available	ADJ
hassl-827	59	24	to	to	ADP
hassl-827	59	25	the	the	DET
hassl-827	59	26	borrower	borrower	NOUN
hassl-827	59	27	.	.	PUNCT
hassl-827	60	1	the	the	DET
hassl-827	60	2	article	article	NOUN
hassl-827	60	3	explained	explain	VERB
hassl-827	60	4	different	different	ADJ
hassl-827	60	5	aspects	aspect	NOUN
hassl-827	60	6	of	of	ADP
hassl-827	60	7	banking	banking	NOUN
hassl-827	60	8	risks	risk	NOUN
hassl-827	60	9	which	which	PRON
hassl-827	60	10	were	be	AUX
hassl-827	60	11	covered	cover	VERB
hassl-827	60	12	through	through	ADP
hassl-827	60	13	higher	high	ADJ
hassl-827	60	14	premiums	premium	NOUN
hassl-827	60	15	charged	charge	VERB
hassl-827	60	16	to	to	ADP
hassl-827	60	17	the	the	DET
hassl-827	60	18	borrower	borrower	NOUN
hassl-827	60	19	in	in	ADP
hassl-827	60	20	jurisdiction	jurisdiction	NOUN
hassl-827	60	21	with	with	ADP
hassl-827	60	22	lower	low	ADJ
hassl-827	60	23	law	law	NOUN
hassl-827	60	24	enforceability	enforceability	NOUN
hassl-827	60	25	,	,	PUNCT
hassl-827	60	26	higher	high	ADJ
hassl-827	60	27	financial	financial	ADJ
hassl-827	60	28	instability	instability	NOUN
hassl-827	60	29	and	and	CCONJ
hassl-827	60	30	interest	interest	NOUN
hassl-827	60	31	rate	rate	NOUN
hassl-827	60	32	elasticity	elasticity	NOUN
hassl-827	60	33	.	.	PUNCT
hassl-827	61	1	evrensel	evrensel	NOUN
hassl-827	61	2	(	(	PUNCT
hassl-827	61	3	2008	2008	NUM
hassl-827	61	4	)	)	PUNCT
hassl-827	61	5	also	also	ADV
hassl-827	61	6	said	say	VERB
hassl-827	61	7	that	that	SCONJ
hassl-827	61	8	the	the	DET
hassl-827	61	9	banks	bank	NOUN
hassl-827	61	10	that	that	PRON
hassl-827	61	11	were	be	AUX
hassl-827	61	12	unable	unable	ADJ
hassl-827	61	13	to	to	PART
hassl-827	61	14	cope	cope	VERB
hassl-827	61	15	with	with	ADP
hassl-827	61	16	the	the	DET
hassl-827	61	17	changing	change	VERB
hassl-827	61	18	macroeconomic	macroeconomic	ADJ
hassl-827	61	19	factors	factor	NOUN
hassl-827	61	20	like	like	ADP
hassl-827	61	21	inflation	inflation	NOUN
hassl-827	61	22	,	,	PUNCT
hassl-827	61	23	domestic	domestic	ADJ
hassl-827	61	24	credits	credit	NOUN
hassl-827	61	25	and	and	CCONJ
hassl-827	61	26	interest	interest	NOUN
hassl-827	61	27	rates	rate	NOUN
hassl-827	61	28	,	,	PUNCT
hassl-827	61	29	were	be	AUX
hassl-827	61	30	more	more	ADV
hassl-827	61	31	likely	likely	ADJ
hassl-827	61	32	to	to	PART
hassl-827	61	33	fail	fail	VERB
hassl-827	61	34	.	.	PUNCT
hassl-827	62	1	so	so	ADV
hassl-827	62	2	,	,	PUNCT
hassl-827	62	3	the	the	DET
hassl-827	62	4	implementation	implementation	NOUN
hassl-827	62	5	and	and	CCONJ
hassl-827	62	6	forecast	forecast	NOUN
hassl-827	62	7	of	of	ADP
hassl-827	62	8	concrete	concrete	ADJ
hassl-827	62	9	policies	policy	NOUN
hassl-827	62	10	on	on	ADP
hassl-827	62	11	risk	risk	NOUN
hassl-827	62	12	mitigation	mitigation	NOUN
hassl-827	62	13	plays	play	VERB
hassl-827	62	14	an	an	DET
hassl-827	62	15	important	important	ADJ
hassl-827	62	16	role	role	NOUN
hassl-827	62	17	when	when	SCONJ
hassl-827	62	18	commenting	comment	VERB
hassl-827	62	19	on	on	ADP
hassl-827	62	20	the	the	DET
hassl-827	62	21	risk	risk	NOUN
hassl-827	62	22	appetite	appetite	NOUN
hassl-827	62	23	of	of	ADP
hassl-827	62	24	a	a	DET
hassl-827	62	25	bank	bank	NOUN
hassl-827	62	26	in	in	ADP
hassl-827	62	27	depressed	depressed	ADJ
hassl-827	62	28	economic	economic	ADJ
hassl-827	62	29	conditions	condition	NOUN
hassl-827	62	30	.	.	PUNCT
hassl-827	63	1	the	the	DET
hassl-827	63	2	financial	financial	ADJ
hassl-827	63	3	institutions	institution	NOUN
hassl-827	63	4	are	be	AUX
hassl-827	63	5	likely	likely	ADJ
hassl-827	63	6	to	to	PART
hassl-827	63	7	develop	develop	VERB
hassl-827	63	8	strong	strong	ADJ
hassl-827	63	9	risk	risk	NOUN
hassl-827	63	10	management	management	NOUN
hassl-827	63	11	frameworks	framework	NOUN
hassl-827	63	12	to	to	PART
hassl-827	63	13	handle	handle	VERB
hassl-827	63	14	the	the	DET
hassl-827	63	15	shocks	shock	NOUN
hassl-827	63	16	arising	arise	VERB
hassl-827	63	17	due	due	ADP
hassl-827	63	18	to	to	ADP
hassl-827	63	19	significant	significant	ADJ
hassl-827	63	20	changes	change	NOUN
hassl-827	63	21	in	in	ADP
hassl-827	63	22	interest	interest	NOUN
hassl-827	63	23	rates	rate	NOUN
hassl-827	63	24	.	.	PUNCT
hassl-827	64	1	the	the	DET
hassl-827	64	2	presence	presence	NOUN
hassl-827	64	3	of	of	ADP
hassl-827	64	4	a	a	DET
hassl-827	64	5	regulator‟s	regulator‟s	ADJ
hassl-827	64	6	good	good	ADJ
hassl-827	64	7	central	central	ADJ
hassl-827	64	8	policies	policy	NOUN
hassl-827	64	9	also	also	ADV
hassl-827	64	10	plays	play	VERB
hassl-827	64	11	an	an	DET
hassl-827	64	12	important	important	ADJ
hassl-827	64	13	role	role	NOUN
hassl-827	64	14	when	when	SCONJ
hassl-827	64	15	analyzing	analyze	VERB
hassl-827	64	16	the	the	DET
hassl-827	64	17	banks‟	banks‟	PROPN
hassl-827	64	18	performance	performance	NOUN
hassl-827	64	19	in	in	ADP
hassl-827	64	20	an	an	DET
hassl-827	64	21	economy	economy	NOUN
hassl-827	64	22	.	.	PUNCT
hassl-827	65	1	humanities	humanity	NOUN
hassl-827	65	2	and	and	CCONJ
hassl-827	65	3	social	social	ADJ
hassl-827	65	4	sciences	science	NOUN
hassl-827	65	5	letters	letter	NOUN
hassl-827	65	6	,	,	PUNCT
hassl-827	65	7	2019	2019	NUM
hassl-827	65	8	,	,	PUNCT
hassl-827	65	9	7(3	7(3	NUM
hassl-827	65	10	):	):	PUNCT
hassl-827	65	11	167	167	NUM
hassl-827	65	12	-	-	SYM
hassl-827	65	13	180	180	NUM
hassl-827	65	14	169	169	NUM
hassl-827	65	15	©	©	PROPN
hassl-827	65	16	2019	2019	NUM
hassl-827	65	17	conscientia	conscientia	PROPN
hassl-827	65	18	beam	beam	PROPN
hassl-827	65	19	.	.	PUNCT
hassl-827	66	1	all	all	DET
hassl-827	66	2	rights	right	NOUN
hassl-827	66	3	reserved	reserve	VERB
hassl-827	66	4	.	.	PUNCT
hassl-827	67	1	the	the	DET
hassl-827	67	2	banks	bank	NOUN
hassl-827	67	3	are	be	AUX
hassl-827	67	4	considered	consider	VERB
hassl-827	67	5	to	to	PART
hassl-827	67	6	be	be	AUX
hassl-827	67	7	risk	risk	NOUN
hassl-827	67	8	-	-	PUNCT
hassl-827	67	9	free	free	ADJ
hassl-827	67	10	investments	investment	NOUN
hassl-827	67	11	by	by	ADP
hassl-827	67	12	domestic	domestic	ADJ
hassl-827	67	13	and	and	CCONJ
hassl-827	67	14	commercial	commercial	ADJ
hassl-827	67	15	depositors	depositor	NOUN
hassl-827	67	16	.	.	PUNCT
hassl-827	68	1	the	the	DET
hassl-827	68	2	product	product	NOUN
hassl-827	68	3	basket	basket	NOUN
hassl-827	68	4	of	of	ADP
hassl-827	68	5	a	a	DET
hassl-827	68	6	bank	bank	NOUN
hassl-827	68	7	consists	consist	VERB
hassl-827	68	8	of	of	ADP
hassl-827	68	9	a	a	DET
hassl-827	68	10	few	few	ADJ
hassl-827	68	11	products	product	NOUN
hassl-827	68	12	designed	design	VERB
hassl-827	68	13	to	to	PART
hassl-827	68	14	suit	suit	VERB
hassl-827	68	15	the	the	DET
hassl-827	68	16	needs	need	NOUN
hassl-827	68	17	of	of	ADP
hassl-827	68	18	a	a	DET
hassl-827	68	19	depositor	depositor	NOUN
hassl-827	68	20	.	.	PUNCT
hassl-827	69	1	some	some	DET
hassl-827	69	2	depositors	depositor	NOUN
hassl-827	69	3	are	be	AUX
hassl-827	69	4	looking	look	VERB
hassl-827	69	5	for	for	ADP
hassl-827	69	6	fruitful	fruitful	ADJ
hassl-827	69	7	returns	return	NOUN
hassl-827	69	8	from	from	ADP
hassl-827	69	9	their	their	PRON
hassl-827	69	10	deposits	deposit	NOUN
hassl-827	69	11	held	hold	VERB
hassl-827	69	12	into	into	ADP
hassl-827	69	13	the	the	DET
hassl-827	69	14	bank	bank	NOUN
hassl-827	69	15	while	while	SCONJ
hassl-827	69	16	some	some	PRON
hassl-827	69	17	are	be	AUX
hassl-827	69	18	not	not	PART
hassl-827	69	19	interested	interested	ADJ
hassl-827	69	20	in	in	ADP
hassl-827	69	21	interest	interest	NOUN
hassl-827	69	22	income	income	NOUN
hassl-827	69	23	and	and	CCONJ
hassl-827	69	24	just	just	ADV
hassl-827	69	25	require	require	VERB
hassl-827	69	26	good	good	ADJ
hassl-827	69	27	facilities	facility	NOUN
hassl-827	69	28	for	for	ADP
hassl-827	69	29	their	their	PRON
hassl-827	69	30	day	day	NOUN
hassl-827	69	31	to	to	ADP
hassl-827	69	32	day	day	NOUN
hassl-827	69	33	transactions	transaction	NOUN
hassl-827	69	34	.	.	PUNCT
hassl-827	70	1	we	we	PRON
hassl-827	70	2	are	be	AUX
hassl-827	70	3	more	more	ADV
hassl-827	70	4	concerned	concerned	ADJ
hassl-827	70	5	with	with	ADP
hassl-827	70	6	the	the	DET
hassl-827	70	7	depositors	depositor	NOUN
hassl-827	70	8	who	who	PRON
hassl-827	70	9	require	require	VERB
hassl-827	70	10	a	a	DET
hassl-827	70	11	risk	risk	NOUN
hassl-827	70	12	-	-	PUNCT
hassl-827	70	13	free	free	ADJ
hassl-827	70	14	return	return	NOUN
hassl-827	70	15	from	from	ADP
hassl-827	70	16	bank	bank	NOUN
hassl-827	70	17	.	.	PUNCT
hassl-827	71	1	the	the	DET
hassl-827	71	2	return	return	NOUN
hassl-827	71	3	on	on	ADP
hassl-827	71	4	their	their	PRON
hassl-827	71	5	deposit	deposit	NOUN
hassl-827	71	6	is	be	AUX
hassl-827	71	7	directly	directly	ADV
hassl-827	71	8	associated	associate	VERB
hassl-827	71	9	with	with	ADP
hassl-827	71	10	the	the	DET
hassl-827	71	11	prevailing	prevail	VERB
hassl-827	71	12	interest	interest	NOUN
hassl-827	71	13	rate	rate	NOUN
hassl-827	71	14	in	in	ADP
hassl-827	71	15	the	the	DET
hassl-827	71	16	market	market	NOUN
hassl-827	71	17	.	.	PUNCT
hassl-827	72	1	to	to	PART
hassl-827	72	2	cater	cater	VERB
hassl-827	72	3	to	to	ADP
hassl-827	72	4	the	the	DET
hassl-827	72	5	diversified	diversify	VERB
hassl-827	72	6	needs	need	NOUN
hassl-827	72	7	of	of	ADP
hassl-827	72	8	the	the	DET
hassl-827	72	9	depositors	depositor	NOUN
hassl-827	72	10	,	,	PUNCT
hassl-827	72	11	banks	bank	NOUN
hassl-827	72	12	have	have	VERB
hassl-827	72	13	long	long	ADJ
hassl-827	72	14	term	term	NOUN
hassl-827	72	15	and	and	CCONJ
hassl-827	72	16	short	short	ADJ
hassl-827	72	17	-	-	PUNCT
hassl-827	72	18	term	term	NOUN
hassl-827	72	19	deposit	deposit	NOUN
hassl-827	72	20	solutions	solution	NOUN
hassl-827	72	21	available	available	ADJ
hassl-827	72	22	for	for	ADP
hassl-827	72	23	the	the	DET
hassl-827	72	24	clients	client	NOUN
hassl-827	72	25	and	and	CCONJ
hassl-827	72	26	offer	offer	VERB
hassl-827	72	27	returns	return	NOUN
hassl-827	72	28	on	on	ADP
hassl-827	72	29	those	those	DET
hassl-827	72	30	deposits	deposit	NOUN
hassl-827	72	31	according	accord	VERB
hassl-827	72	32	to	to	ADP
hassl-827	72	33	the	the	DET
hassl-827	72	34	tenor	tenor	NOUN
hassl-827	72	35	of	of	ADP
hassl-827	72	36	investments	investment	NOUN
hassl-827	72	37	.	.	PUNCT
hassl-827	73	1	however	however	ADV
hassl-827	73	2	,	,	PUNCT
hassl-827	73	3	banks	bank	NOUN
hassl-827	73	4	are	be	AUX
hassl-827	73	5	considered	consider	VERB
hassl-827	73	6	to	to	PART
hassl-827	73	7	be	be	AUX
hassl-827	73	8	the	the	DET
hassl-827	73	9	main	main	ADJ
hassl-827	73	10	source	source	NOUN
hassl-827	73	11	of	of	ADP
hassl-827	73	12	funding	funding	NOUN
hassl-827	73	13	for	for	ADP
hassl-827	73	14	business	business	NOUN
hassl-827	73	15	and	and	CCONJ
hassl-827	73	16	directly	directly	ADV
hassl-827	73	17	aid	aid	VERB
hassl-827	73	18	the	the	DET
hassl-827	73	19	economic	economic	ADJ
hassl-827	73	20	development	development	NOUN
hassl-827	73	21	of	of	ADP
hassl-827	73	22	the	the	DET
hassl-827	73	23	country	country	NOUN
hassl-827	73	24	.	.	PUNCT
hassl-827	74	1	the	the	DET
hassl-827	74	2	cost	cost	NOUN
hassl-827	74	3	of	of	ADP
hassl-827	74	4	deposits	deposit	NOUN
hassl-827	74	5	plus	plus	CCONJ
hassl-827	74	6	operating	operating	NOUN
hassl-827	74	7	costs	cost	NOUN
hassl-827	74	8	along	along	ADP
hassl-827	74	9	with	with	ADP
hassl-827	74	10	consideration	consideration	NOUN
hassl-827	74	11	for	for	ADP
hassl-827	74	12	risk	risk	NOUN
hassl-827	74	13	is	be	AUX
hassl-827	74	14	actually	actually	ADV
hassl-827	74	15	the	the	DET
hassl-827	74	16	cost	cost	NOUN
hassl-827	74	17	that	that	PRON
hassl-827	74	18	the	the	DET
hassl-827	74	19	bank	bank	NOUN
hassl-827	74	20	bears	bear	VERB
hassl-827	74	21	for	for	ADP
hassl-827	74	22	the	the	DET
hassl-827	74	23	purpose	purpose	NOUN
hassl-827	74	24	to	to	PART
hassl-827	74	25	lend	lend	VERB
hassl-827	74	26	which	which	PRON
hassl-827	74	27	in	in	ADP
hassl-827	74	28	addition	addition	NOUN
hassl-827	74	29	to	to	PART
hassl-827	74	30	spread	spread	VERB
hassl-827	74	31	become	become	VERB
hassl-827	74	32	the	the	DET
hassl-827	74	33	offered	offer	VERB
hassl-827	74	34	cost	cost	NOUN
hassl-827	74	35	to	to	ADP
hassl-827	74	36	the	the	DET
hassl-827	74	37	businesses	business	NOUN
hassl-827	74	38	.	.	PUNCT
hassl-827	75	1	the	the	DET
hassl-827	75	2	increasing	increase	VERB
hassl-827	75	3	uncertainty	uncertainty	NOUN
hassl-827	75	4	in	in	ADP
hassl-827	75	5	the	the	DET
hassl-827	75	6	market	market	NOUN
hassl-827	75	7	makes	make	VERB
hassl-827	75	8	the	the	DET
hassl-827	75	9	cost	cost	NOUN
hassl-827	75	10	of	of	ADP
hassl-827	75	11	funds	fund	NOUN
hassl-827	75	12	higher	high	ADJ
hassl-827	75	13	for	for	ADP
hassl-827	75	14	the	the	DET
hassl-827	75	15	banks	bank	NOUN
hassl-827	75	16	and	and	CCONJ
hassl-827	75	17	the	the	DET
hassl-827	75	18	banks	bank	NOUN
hassl-827	75	19	then	then	ADV
hassl-827	75	20	charge	charge	VERB
hassl-827	75	21	higher	high	ADJ
hassl-827	75	22	interest	interest	NOUN
hassl-827	75	23	to	to	ADP
hassl-827	75	24	their	their	PRON
hassl-827	75	25	borrowers	borrower	NOUN
hassl-827	75	26	to	to	PART
hassl-827	75	27	stay	stay	VERB
hassl-827	75	28	profitable	profitable	ADJ
hassl-827	75	29	.	.	PUNCT
hassl-827	76	1	any	any	DET
hassl-827	76	2	lag	lag	NOUN
hassl-827	76	3	in	in	ADP
hassl-827	76	4	this	this	DET
hassl-827	76	5	chain	chain	NOUN
hassl-827	76	6	results	result	NOUN
hassl-827	76	7	in	in	ADP
hassl-827	76	8	losses	loss	NOUN
hassl-827	76	9	for	for	ADP
hassl-827	76	10	the	the	DET
hassl-827	76	11	banks	bank	NOUN
hassl-827	76	12	.	.	PUNCT
hassl-827	77	1	the	the	DET
hassl-827	77	2	articles	article	NOUN
hassl-827	77	3	discussed	discuss	VERB
hassl-827	77	4	above	above	ADV
hassl-827	77	5	identified	identify	VERB
hassl-827	77	6	many	many	ADJ
hassl-827	77	7	factors	factor	NOUN
hassl-827	77	8	which	which	PRON
hassl-827	77	9	affect	affect	VERB
hassl-827	77	10	the	the	DET
hassl-827	77	11	profitability	profitability	NOUN
hassl-827	77	12	of	of	ADP
hassl-827	77	13	banks	bank	NOUN
hassl-827	77	14	and	and	CCONJ
hassl-827	77	15	the	the	DET
hassl-827	77	16	main	main	ADJ
hassl-827	77	17	cost	cost	NOUN
hassl-827	77	18	is	be	AUX
hassl-827	77	19	the	the	DET
hassl-827	77	20	changing	change	VERB
hassl-827	77	21	interest	interest	NOUN
hassl-827	77	22	rate	rate	NOUN
hassl-827	77	23	which	which	PRON
hassl-827	77	24	becomes	become	VERB
hassl-827	77	25	the	the	DET
hassl-827	77	26	benchmark	benchmark	NOUN
hassl-827	77	27	for	for	ADP
hassl-827	77	28	calculating	calculate	VERB
hassl-827	77	29	the	the	DET
hassl-827	77	30	cost	cost	NOUN
hassl-827	77	31	of	of	ADP
hassl-827	77	32	borrowed	borrow	VERB
hassl-827	77	33	funds	fund	NOUN
hassl-827	77	34	and	and	CCONJ
hassl-827	77	35	helps	help	VERB
hassl-827	77	36	the	the	DET
hassl-827	77	37	banks	bank	NOUN
hassl-827	77	38	decide	decide	VERB
hassl-827	77	39	the	the	DET
hassl-827	77	40	minimum	minimum	ADJ
hassl-827	77	41	interest	interest	NOUN
hassl-827	77	42	rate	rate	NOUN
hassl-827	77	43	they	they	PRON
hassl-827	77	44	require	require	VERB
hassl-827	77	45	to	to	PART
hassl-827	77	46	cover	cover	VERB
hassl-827	77	47	all	all	DET
hassl-827	77	48	costs	cost	NOUN
hassl-827	77	49	.	.	PUNCT
hassl-827	78	1	the	the	DET
hassl-827	78	2	articles	article	NOUN
hassl-827	78	3	also	also	ADV
hassl-827	78	4	discussed	discuss	VERB
hassl-827	78	5	the	the	DET
hassl-827	78	6	importance	importance	NOUN
hassl-827	78	7	of	of	ADP
hassl-827	78	8	a	a	DET
hassl-827	78	9	strong	strong	ADJ
hassl-827	78	10	regulator	regulator	NOUN
hassl-827	78	11	and	and	CCONJ
hassl-827	78	12	its	its	PRON
hassl-827	78	13	unbiased	unbiased	ADJ
hassl-827	78	14	policies	policy	NOUN
hassl-827	78	15	to	to	PART
hassl-827	78	16	keep	keep	VERB
hassl-827	78	17	the	the	DET
hassl-827	78	18	sector	sector	NOUN
hassl-827	78	19	strong	strong	ADJ
hassl-827	78	20	.	.	PUNCT
hassl-827	79	1	the	the	DET
hassl-827	79	2	introduction	introduction	NOUN
hassl-827	79	3	of	of	ADP
hassl-827	79	4	lending	lending	NOUN
hassl-827	79	5	rate	rate	NOUN
hassl-827	79	6	ceilings	ceiling	NOUN
hassl-827	79	7	not	not	PART
hassl-827	79	8	only	only	ADV
hassl-827	79	9	cuts	cut	VERB
hassl-827	79	10	the	the	DET
hassl-827	79	11	hands	hand	NOUN
hassl-827	79	12	of	of	ADP
hassl-827	79	13	this	this	DET
hassl-827	79	14	sector	sector	NOUN
hassl-827	79	15	but	but	CCONJ
hassl-827	79	16	also	also	ADV
hassl-827	79	17	directs	direct	VERB
hassl-827	79	18	the	the	DET
hassl-827	79	19	bank	bank	NOUN
hassl-827	79	20	towards	towards	ADP
hassl-827	79	21	decreasing	decrease	VERB
hassl-827	79	22	the	the	DET
hassl-827	79	23	cost	cost	NOUN
hassl-827	79	24	of	of	ADP
hassl-827	79	25	funds	fund	NOUN
hassl-827	79	26	and	and	CCONJ
hassl-827	79	27	ultimately	ultimately	ADV
hassl-827	79	28	moving	move	VERB
hassl-827	79	29	to	to	ADP
hassl-827	79	30	less	less	ADJ
hassl-827	79	31	operations	operation	NOUN
hassl-827	79	32	and	and	CCONJ
hassl-827	79	33	decreased	decrease	VERB
hassl-827	79	34	profitability	profitability	NOUN
hassl-827	79	35	.	.	PUNCT
hassl-827	80	1	the	the	DET
hassl-827	80	2	presence	presence	NOUN
hassl-827	80	3	of	of	ADP
hassl-827	80	4	a	a	DET
hassl-827	80	5	strong	strong	ADJ
hassl-827	80	6	regulator	regulator	NOUN
hassl-827	80	7	,	,	PUNCT
hassl-827	80	8	better	well	ADJ
hassl-827	80	9	law	law	NOUN
hassl-827	80	10	enforcement	enforcement	NOUN
hassl-827	80	11	and	and	CCONJ
hassl-827	80	12	uncertain	uncertain	ADJ
hassl-827	80	13	conditions	condition	NOUN
hassl-827	80	14	aids	aid	NOUN
hassl-827	80	15	in	in	ADP
hassl-827	80	16	the	the	DET
hassl-827	80	17	better	well	ADJ
hassl-827	80	18	performance	performance	NOUN
hassl-827	80	19	of	of	ADP
hassl-827	80	20	the	the	DET
hassl-827	80	21	banking	banking	NOUN
hassl-827	80	22	sector	sector	NOUN
hassl-827	80	23	due	due	ADP
hassl-827	80	24	to	to	ADP
hassl-827	80	25	the	the	DET
hassl-827	80	26	lower	low	ADJ
hassl-827	80	27	risks	risk	NOUN
hassl-827	80	28	associated	associate	VERB
hassl-827	80	29	with	with	ADP
hassl-827	80	30	it	it	PRON
hassl-827	80	31	.	.	PUNCT
hassl-827	81	1	however	however	ADV
hassl-827	81	2	,	,	PUNCT
hassl-827	81	3	the	the	DET
hassl-827	81	4	lending	lending	NOUN
hassl-827	81	5	rates	rate	NOUN
hassl-827	81	6	are	be	AUX
hassl-827	81	7	kept	keep	VERB
hassl-827	81	8	higher	high	ADJ
hassl-827	81	9	in	in	ADP
hassl-827	81	10	volatile	volatile	ADJ
hassl-827	81	11	,	,	PUNCT
hassl-827	81	12	uncertain	uncertain	ADJ
hassl-827	81	13	and	and	CCONJ
hassl-827	81	14	comparatively	comparatively	ADV
hassl-827	81	15	risky	risky	ADJ
hassl-827	81	16	economies	economy	NOUN
hassl-827	81	17	.	.	PUNCT
hassl-827	82	1	the	the	DET
hassl-827	82	2	complication	complication	NOUN
hassl-827	82	3	and	and	CCONJ
hassl-827	82	4	complexity	complexity	NOUN
hassl-827	82	5	of	of	ADP
hassl-827	82	6	the	the	DET
hassl-827	82	7	interest	interest	NOUN
hassl-827	82	8	rate	rate	NOUN
hassl-827	82	9	and	and	CCONJ
hassl-827	82	10	share	share	NOUN
hassl-827	82	11	prices	price	NOUN
hassl-827	82	12	relationship	relationship	NOUN
hassl-827	82	13	and	and	CCONJ
hassl-827	82	14	conflicting	conflicting	ADJ
hassl-827	82	15	results	result	NOUN
hassl-827	82	16	by	by	ADP
hassl-827	82	17	other	other	ADJ
hassl-827	82	18	researchers	researcher	NOUN
hassl-827	82	19	show	show	VERB
hassl-827	82	20	the	the	DET
hassl-827	82	21	need	need	NOUN
hassl-827	82	22	for	for	ADP
hassl-827	82	23	reexamining	reexamine	VERB
hassl-827	82	24	these	these	DET
hassl-827	82	25	relationships	relationship	NOUN
hassl-827	82	26	in	in	ADP
hassl-827	82	27	both	both	CCONJ
hassl-827	82	28	the	the	DET
hassl-827	82	29	short	short	ADJ
hassl-827	82	30	term	term	NOUN
hassl-827	82	31	and	and	CCONJ
hassl-827	82	32	long	long	ADJ
hassl-827	82	33	term	term	NOUN
hassl-827	82	34	as	as	SCONJ
hassl-827	82	35	there	there	PRON
hassl-827	82	36	can	can	AUX
hassl-827	82	37	be	be	AUX
hassl-827	82	38	serious	serious	ADJ
hassl-827	82	39	implications	implication	NOUN
hassl-827	82	40	caused	cause	VERB
hassl-827	82	41	by	by	ADP
hassl-827	82	42	the	the	DET
hassl-827	82	43	connection	connection	NOUN
hassl-827	82	44	between	between	ADP
hassl-827	82	45	these	these	DET
hassl-827	82	46	variables	variable	NOUN
hassl-827	82	47	.	.	PUNCT
hassl-827	83	1	therefore	therefore	ADV
hassl-827	83	2	,	,	PUNCT
hassl-827	83	3	this	this	DET
hassl-827	83	4	study	study	NOUN
hassl-827	83	5	tries	try	VERB
hassl-827	83	6	to	to	PART
hassl-827	83	7	determine	determine	VERB
hassl-827	83	8	whether	whether	SCONJ
hassl-827	83	9	bank	bank	NOUN
hassl-827	83	10	equity	equity	NOUN
hassl-827	83	11	prices	price	NOUN
hassl-827	83	12	react	react	VERB
hassl-827	83	13	to	to	ADP
hassl-827	83	14	the	the	DET
hassl-827	83	15	interest	interest	NOUN
hassl-827	83	16	rates	rate	NOUN
hassl-827	83	17	and	and	CCONJ
hassl-827	83	18	assets	asset	NOUN
hassl-827	83	19	and	and	CCONJ
hassl-827	83	20	liabilities	liability	NOUN
hassl-827	83	21	mismatch	mismatch	NOUN
hassl-827	83	22	affects	affect	VERB
hassl-827	83	23	a	a	DET
hassl-827	83	24	bank‟s	bank‟s	ADJ
hassl-827	83	25	equity	equity	NOUN
hassl-827	83	26	duration	duration	NOUN
hassl-827	83	27	in	in	ADP
hassl-827	83	28	both	both	DET
hassl-827	83	29	developed	develop	VERB
hassl-827	83	30	nations	nation	NOUN
hassl-827	83	31	(	(	PUNCT
hassl-827	83	32	uk	uk	PROPN
hassl-827	83	33	,	,	PUNCT
hassl-827	83	34	usa	usa	PROPN
hassl-827	83	35	and	and	CCONJ
hassl-827	83	36	australia	australia	PROPN
hassl-827	83	37	)	)	PUNCT
hassl-827	83	38	and	and	CCONJ
hassl-827	83	39	developing	develop	VERB
hassl-827	83	40	nations	nation	NOUN
hassl-827	83	41	(	(	PUNCT
hassl-827	83	42	pakistan	pakistan	PROPN
hassl-827	83	43	,	,	PUNCT
hassl-827	83	44	india	india	PROPN
hassl-827	83	45	and	and	CCONJ
hassl-827	83	46	china	china	PROPN
hassl-827	83	47	)	)	PUNCT
hassl-827	83	48	using	use	VERB
hassl-827	83	49	a	a	DET
hassl-827	83	50	classical	classical	ADJ
hassl-827	83	51	approach	approach	NOUN
hassl-827	83	52	based	base	VERB
hassl-827	83	53	on	on	ADP
hassl-827	83	54	the	the	DET
hassl-827	83	55	mccauley	mccauley	NOUN
hassl-827	83	56	approach	approach	NOUN
hassl-827	83	57	and	and	CCONJ
hassl-827	83	58	leibowitz	leibowitz	PROPN
hassl-827	83	59	(	(	PUNCT
hassl-827	83	60	1986	1986	NUM
hassl-827	83	61	)	)	PUNCT
hassl-827	83	62	.	.	PUNCT
hassl-827	84	1	2	2	X
hassl-827	84	2	.	.	X
hassl-827	84	3	literature	literature	NOUN
hassl-827	84	4	review	review	VERB
hassl-827	84	5	many	many	ADJ
hassl-827	84	6	researchers	researcher	NOUN
hassl-827	84	7	have	have	AUX
hassl-827	84	8	conducted	conduct	VERB
hassl-827	84	9	studies	study	NOUN
hassl-827	84	10	on	on	ADP
hassl-827	84	11	equity	equity	NOUN
hassl-827	84	12	duration	duration	NOUN
hassl-827	84	13	analysis	analysis	NOUN
hassl-827	84	14	in	in	ADP
hassl-827	84	15	the	the	DET
hassl-827	84	16	banking	banking	NOUN
hassl-827	84	17	sector	sector	NOUN
hassl-827	84	18	and	and	CCONJ
hassl-827	84	19	have	have	AUX
hassl-827	84	20	examined	examine	VERB
hassl-827	84	21	the	the	DET
hassl-827	84	22	correlation	correlation	NOUN
hassl-827	84	23	between	between	ADP
hassl-827	84	24	banks‟	banks‟	PROPN
hassl-827	84	25	share	share	NOUN
hassl-827	84	26	prices	price	NOUN
hassl-827	84	27	and	and	CCONJ
hassl-827	84	28	interest	interest	NOUN
hassl-827	84	29	rates	rate	NOUN
hassl-827	84	30	.	.	PUNCT
hassl-827	85	1	the	the	DET
hassl-827	85	2	rate	rate	NOUN
hassl-827	85	3	of	of	ADP
hassl-827	85	4	interest	interest	NOUN
hassl-827	85	5	is	be	AUX
hassl-827	85	6	the	the	DET
hassl-827	85	7	amount	amount	NOUN
hassl-827	85	8	charged	charge	VERB
hassl-827	85	9	by	by	ADP
hassl-827	85	10	the	the	DET
hassl-827	85	11	lender	lender	NOUN
hassl-827	85	12	to	to	ADP
hassl-827	85	13	the	the	DET
hassl-827	85	14	borrower	borrower	NOUN
hassl-827	85	15	to	to	PART
hassl-827	85	16	use	use	VERB
hassl-827	85	17	assets	asset	NOUN
hassl-827	85	18	and	and	CCONJ
hassl-827	85	19	considered	consider	VERB
hassl-827	85	20	as	as	ADP
hassl-827	85	21	a	a	DET
hassl-827	85	22	principal	principal	ADJ
hassl-827	85	23	percentage	percentage	NOUN
hassl-827	85	24	,	,	PUNCT
hassl-827	85	25	annually	annually	ADV
hassl-827	85	26	noted	note	VERB
hassl-827	85	27	,	,	PUNCT
hassl-827	85	28	called	call	VERB
hassl-827	85	29	apr	apr	NOUN
hassl-827	85	30	(	(	PUNCT
hassl-827	85	31	annual	annual	ADJ
hassl-827	85	32	percentage	percentage	NOUN
hassl-827	85	33	rate	rate	NOUN
hassl-827	85	34	)	)	PUNCT
hassl-827	85	35	.	.	PUNCT
hassl-827	86	1	the	the	DET
hassl-827	86	2	assets	asset	NOUN
hassl-827	86	3	include	include	VERB
hassl-827	86	4	both	both	CCONJ
hassl-827	86	5	liquid	liquid	ADJ
hassl-827	86	6	and	and	CCONJ
hassl-827	86	7	fixed	fix	VERB
hassl-827	86	8	assets	asset	NOUN
hassl-827	86	9	like	like	ADP
hassl-827	86	10	cash	cash	NOUN
hassl-827	86	11	,	,	PUNCT
hassl-827	86	12	buildings	building	NOUN
hassl-827	86	13	,	,	PUNCT
hassl-827	86	14	and	and	CCONJ
hassl-827	86	15	vehicles	vehicle	NOUN
hassl-827	86	16	.	.	PUNCT
hassl-827	87	1	interest	interest	NOUN
hassl-827	87	2	is	be	AUX
hassl-827	87	3	a	a	DET
hassl-827	87	4	leasing	leasing	NOUN
hassl-827	87	5	charge	charge	NOUN
hassl-827	87	6	or	or	CCONJ
hassl-827	87	7	a	a	DET
hassl-827	87	8	rental	rental	ADJ
hassl-827	87	9	charge	charge	NOUN
hassl-827	87	10	by	by	ADP
hassl-827	87	11	the	the	DET
hassl-827	87	12	lender	lender	NOUN
hassl-827	87	13	to	to	ADP
hassl-827	87	14	the	the	DET
hassl-827	87	15	borrower	borrower	NOUN
hassl-827	87	16	for	for	ADP
hassl-827	87	17	the	the	DET
hassl-827	87	18	assets	asset	NOUN
hassl-827	87	19	that	that	PRON
hassl-827	87	20	are	be	AUX
hassl-827	87	21	being	be	AUX
hassl-827	87	22	used	use	VERB
hassl-827	87	23	and	and	CCONJ
hassl-827	87	24	for	for	ADP
hassl-827	87	25	large	large	ADJ
hassl-827	87	26	assets	asset	NOUN
hassl-827	87	27	(	(	PUNCT
hassl-827	87	28	like	like	ADP
hassl-827	87	29	a	a	DET
hassl-827	87	30	fixed	fixed	ADJ
hassl-827	87	31	asset	asset	NOUN
hassl-827	87	32	such	such	ADJ
hassl-827	87	33	as	as	ADP
hassl-827	87	34	land	land	NOUN
hassl-827	87	35	)	)	PUNCT
hassl-827	87	36	the	the	DET
hassl-827	87	37	interest	interest	NOUN
hassl-827	87	38	rate	rate	NOUN
hassl-827	87	39	is	be	AUX
hassl-827	87	40	a	a	DET
hassl-827	87	41	lease	lease	NOUN
hassl-827	87	42	rate	rate	NOUN
hassl-827	87	43	and	and	CCONJ
hassl-827	87	44	if	if	SCONJ
hassl-827	87	45	the	the	DET
hassl-827	87	46	borrower‟s	borrower‟s	PRON
hassl-827	87	47	risk	risk	NOUN
hassl-827	87	48	profile	profile	NOUN
hassl-827	87	49	is	be	AUX
hassl-827	87	50	low	low	ADJ
hassl-827	87	51	the	the	DET
hassl-827	87	52	bank	bank	NOUN
hassl-827	87	53	will	will	AUX
hassl-827	87	54	charge	charge	VERB
hassl-827	87	55	minimum	minimum	ADJ
hassl-827	87	56	interest	interest	NOUN
hassl-827	87	57	and	and	CCONJ
hassl-827	87	58	if	if	SCONJ
hassl-827	87	59	the	the	DET
hassl-827	87	60	borrower‟s	borrower‟s	PRON
hassl-827	87	61	risk	risk	NOUN
hassl-827	87	62	profile	profile	NOUN
hassl-827	87	63	is	be	AUX
hassl-827	87	64	high	high	ADJ
hassl-827	87	65	the	the	DET
hassl-827	87	66	bank	bank	NOUN
hassl-827	87	67	will	will	AUX
hassl-827	87	68	charge	charge	VERB
hassl-827	87	69	a	a	DET
hassl-827	87	70	higher	high	ADJ
hassl-827	87	71	interest	interest	NOUN
hassl-827	87	72	rate	rate	NOUN
hassl-827	87	73	to	to	PART
hassl-827	87	74	mitigate	mitigate	VERB
hassl-827	87	75	the	the	DET
hassl-827	87	76	risk	risk	NOUN
hassl-827	87	77	.	.	PUNCT
hassl-827	88	1	the	the	DET
hassl-827	88	2	interest	interest	NOUN
hassl-827	88	3	rate	rate	NOUN
hassl-827	88	4	affects	affect	VERB
hassl-827	88	5	financial	financial	ADJ
hassl-827	88	6	market	market	NOUN
hassl-827	88	7	and	and	CCONJ
hassl-827	88	8	if	if	SCONJ
hassl-827	88	9	there	there	PRON
hassl-827	88	10	is	be	VERB
hassl-827	88	11	an	an	DET
hassl-827	88	12	increase	increase	NOUN
hassl-827	88	13	in	in	ADP
hassl-827	88	14	interest	interest	NOUN
hassl-827	88	15	rates	rate	NOUN
hassl-827	88	16	it	it	PRON
hassl-827	88	17	would	would	AUX
hassl-827	88	18	eventually	eventually	ADV
hassl-827	88	19	drive	drive	VERB
hassl-827	88	20	investing	investing	NOUN
hassl-827	88	21	decisions	decision	NOUN
hassl-827	88	22	and	and	CCONJ
hassl-827	88	23	changes	change	NOUN
hassl-827	88	24	in	in	ADP
hassl-827	88	25	investment	investment	NOUN
hassl-827	88	26	structure	structure	NOUN
hassl-827	88	27	.	.	PUNCT
hassl-827	89	1	studies	study	NOUN
hassl-827	89	2	have	have	AUX
hassl-827	89	3	shown	show	VERB
hassl-827	89	4	that	that	SCONJ
hassl-827	89	5	the	the	DET
hassl-827	89	6	stock	stock	NOUN
hassl-827	89	7	returns	return	NOUN
hassl-827	89	8	of	of	ADP
hassl-827	89	9	banks	bank	NOUN
hassl-827	89	10	are	be	AUX
hassl-827	89	11	far	far	ADV
hassl-827	89	12	more	more	ADV
hassl-827	89	13	sensitive	sensitive	ADJ
hassl-827	89	14	towards	towards	ADP
hassl-827	89	15	interest	interest	NOUN
hassl-827	89	16	rates	rate	NOUN
hassl-827	89	17	than	than	ADP
hassl-827	89	18	those	those	PRON
hassl-827	89	19	of	of	ADP
hassl-827	89	20	non	non	ADJ
hassl-827	89	21	-	-	ADJ
hassl-827	89	22	financial	financial	ADJ
hassl-827	89	23	institutions	institution	NOUN
hassl-827	89	24	(	(	PUNCT
hassl-827	89	25	lynge	lynge	NOUN
hassl-827	89	26	and	and	CCONJ
hassl-827	89	27	zumwalt	zumwalt	PROPN
hassl-827	89	28	,	,	PUNCT
hassl-827	89	29	1980	1980	NUM
hassl-827	89	30	;	;	PUNCT
hassl-827	89	31	flannery	flannery	PROPN
hassl-827	89	32	and	and	CCONJ
hassl-827	89	33	james	james	PROPN
hassl-827	89	34	,	,	PUNCT
hassl-827	89	35	1984	1984	NUM
hassl-827	89	36	;	;	PUNCT
hassl-827	89	37	booth	booth	NOUN
hassl-827	89	38	and	and	CCONJ
hassl-827	89	39	officer	officer	NOUN
hassl-827	89	40	,	,	PUNCT
hassl-827	89	41	1985	1985	NUM
hassl-827	89	42	)	)	PUNCT
hassl-827	89	43	.	.	PUNCT
hassl-827	90	1	studies	study	NOUN
hassl-827	90	2	conducted	conduct	VERB
hassl-827	90	3	have	have	AUX
hassl-827	90	4	shown	show	VERB
hassl-827	90	5	significant	significant	ADJ
hassl-827	90	6	abnormal	abnormal	ADJ
hassl-827	90	7	returns	return	NOUN
hassl-827	90	8	and	and	CCONJ
hassl-827	90	9	the	the	DET
hassl-827	90	10	results	result	NOUN
hassl-827	90	11	show	show	VERB
hassl-827	90	12	a	a	DET
hassl-827	90	13	consistently	consistently	ADV
hassl-827	90	14	adverse	adverse	ADJ
hassl-827	90	15	relationship	relationship	NOUN
hassl-827	90	16	between	between	ADP
hassl-827	90	17	the	the	DET
hassl-827	90	18	rate	rate	NOUN
hassl-827	90	19	of	of	ADP
hassl-827	90	20	interest	interest	NOUN
hassl-827	90	21	surprises	surprise	NOUN
hassl-827	90	22	,	,	PUNCT
hassl-827	90	23	bank	bank	NOUN
hassl-827	90	24	earnings	earning	NOUN
hassl-827	90	25	and	and	CCONJ
hassl-827	90	26	also	also	ADV
hassl-827	90	27	between	between	ADP
hassl-827	90	28	the	the	DET
hassl-827	90	29	rate	rate	NOUN
hassl-827	90	30	variability	variability	NOUN
hassl-827	90	31	and	and	CCONJ
hassl-827	90	32	bank	bank	NOUN
hassl-827	90	33	returns	return	NOUN
hassl-827	90	34	(	(	PUNCT
hassl-827	90	35	aharony	aharony	NOUN
hassl-827	90	36	et	et	PROPN
hassl-827	90	37	al	al	PROPN
hassl-827	90	38	.	.	PROPN
hassl-827	90	39	,	,	PUNCT
hassl-827	90	40	1986	1986	NUM
hassl-827	90	41	)	)	PUNCT
hassl-827	90	42	.	.	PUNCT
hassl-827	91	1	however	however	ADV
hassl-827	91	2	,	,	PUNCT
hassl-827	91	3	researchers	researcher	NOUN
hassl-827	91	4	have	have	AUX
hassl-827	91	5	found	find	VERB
hassl-827	91	6	no	no	DET
hassl-827	91	7	impact	impact	NOUN
hassl-827	91	8	on	on	ADP
hassl-827	91	9	bank	bank	NOUN
hassl-827	91	10	share	share	NOUN
hassl-827	91	11	prices	price	NOUN
hassl-827	91	12	when	when	SCONJ
hassl-827	91	13	there	there	PRON
hassl-827	91	14	is	be	VERB
hassl-827	91	15	a	a	DET
hassl-827	91	16	change	change	NOUN
hassl-827	91	17	in	in	ADP
hassl-827	91	18	interest	interest	NOUN
hassl-827	91	19	rate	rate	NOUN
hassl-827	91	20	in	in	ADP
hassl-827	91	21	the	the	DET
hassl-827	91	22	long	long	ADJ
hassl-827	91	23	term	term	NOUN
hassl-827	91	24	(	(	PUNCT
hassl-827	91	25	aharony	aharony	NOUN
hassl-827	91	26	et	et	PROPN
hassl-827	91	27	al	al	PROPN
hassl-827	91	28	.	.	PROPN
hassl-827	91	29	,	,	PUNCT
hassl-827	91	30	1986	1986	NUM
hassl-827	91	31	;	;	PUNCT
hassl-827	91	32	akella	akella	NOUN
hassl-827	91	33	and	and	CCONJ
hassl-827	91	34	greenbaum	greenbaum	PROPN
hassl-827	91	35	,	,	PUNCT
hassl-827	91	36	1992	1992	NUM
hassl-827	91	37	)	)	PUNCT
hassl-827	91	38	.	.	PUNCT
hassl-827	92	1	humanities	humanity	NOUN
hassl-827	92	2	and	and	CCONJ
hassl-827	92	3	social	social	ADJ
hassl-827	92	4	sciences	science	NOUN
hassl-827	92	5	letters	letter	NOUN
hassl-827	92	6	,	,	PUNCT
hassl-827	92	7	2019	2019	NUM
hassl-827	92	8	,	,	PUNCT
hassl-827	92	9	7(3	7(3	NUM
hassl-827	92	10	):	):	PUNCT
hassl-827	92	11	167	167	NUM
hassl-827	92	12	-	-	SYM
hassl-827	92	13	180	180	NUM
hassl-827	92	14	170	170	NUM
hassl-827	92	15	©	©	PROPN
hassl-827	92	16	2019	2019	NUM
hassl-827	92	17	conscientia	conscientia	PROPN
hassl-827	92	18	beam	beam	PROPN
hassl-827	92	19	.	.	PUNCT
hassl-827	93	1	all	all	DET
hassl-827	93	2	rights	right	NOUN
hassl-827	93	3	reserved	reserve	VERB
hassl-827	93	4	.	.	PUNCT
hassl-827	94	1	with	with	ADP
hassl-827	94	2	the	the	DET
hassl-827	94	3	increase	increase	NOUN
hassl-827	94	4	in	in	ADP
hassl-827	94	5	the	the	DET
hassl-827	94	6	interest	interest	NOUN
hassl-827	94	7	rate	rate	NOUN
hassl-827	94	8	the	the	DET
hassl-827	94	9	borrower	borrower	NOUN
hassl-827	94	10	has	have	VERB
hassl-827	94	11	to	to	PART
hassl-827	94	12	pay	pay	VERB
hassl-827	94	13	more	more	ADJ
hassl-827	94	14	for	for	ADP
hassl-827	94	15	the	the	DET
hassl-827	94	16	money	money	NOUN
hassl-827	94	17	they	they	PRON
hassl-827	94	18	have	have	AUX
hassl-827	94	19	borrowed	borrow	VERB
hassl-827	94	20	.	.	PUNCT
hassl-827	95	1	as	as	SCONJ
hassl-827	95	2	the	the	DET
hassl-827	95	3	interest	interest	NOUN
hassl-827	95	4	rate	rate	NOUN
hassl-827	95	5	rises	rise	VERB
hassl-827	95	6	the	the	DET
hassl-827	95	7	cost	cost	NOUN
hassl-827	95	8	of	of	ADP
hassl-827	95	9	their	their	PRON
hassl-827	95	10	loan	loan	NOUN
hassl-827	95	11	also	also	ADV
hassl-827	95	12	rises	rise	VERB
hassl-827	95	13	and	and	CCONJ
hassl-827	95	14	it	it	PRON
hassl-827	95	15	has	have	VERB
hassl-827	95	16	a	a	DET
hassl-827	95	17	negative	negative	ADJ
hassl-827	95	18	impact	impact	NOUN
hassl-827	95	19	on	on	ADP
hassl-827	95	20	their	their	PRON
hassl-827	95	21	profitability	profitability	NOUN
hassl-827	95	22	,	,	PUNCT
hassl-827	95	23	due	due	ADP
hassl-827	95	24	to	to	ADP
hassl-827	95	25	which	which	PRON
hassl-827	95	26	the	the	DET
hassl-827	95	27	share	share	NOUN
hassl-827	95	28	prices	price	NOUN
hassl-827	95	29	also	also	ADV
hassl-827	95	30	decrease	decrease	VERB
hassl-827	95	31	.	.	PUNCT
hassl-827	96	1	an	an	DET
hassl-827	96	2	increase	increase	NOUN
hassl-827	96	3	in	in	ADP
hassl-827	96	4	the	the	DET
hassl-827	96	5	interest	interest	NOUN
hassl-827	96	6	rate	rate	NOUN
hassl-827	96	7	can	can	AUX
hassl-827	96	8	lead	lead	VERB
hassl-827	96	9	to	to	ADP
hassl-827	96	10	a	a	DET
hassl-827	96	11	decrease	decrease	NOUN
hassl-827	96	12	in	in	ADP
hassl-827	96	13	the	the	DET
hassl-827	96	14	profitability	profitability	NOUN
hassl-827	96	15	of	of	ADP
hassl-827	96	16	corporate	corporate	ADJ
hassl-827	96	17	bonds	bond	NOUN
hassl-827	96	18	.	.	PUNCT
hassl-827	97	1	the	the	DET
hassl-827	97	2	holder	holder	NOUN
hassl-827	97	3	of	of	ADP
hassl-827	97	4	the	the	DET
hassl-827	97	5	bond	bond	NOUN
hassl-827	97	6	does	do	AUX
hassl-827	97	7	not	not	PART
hassl-827	97	8	get	get	VERB
hassl-827	97	9	an	an	DET
hassl-827	97	10	attractive	attractive	ADJ
hassl-827	97	11	profit	profit	NOUN
hassl-827	97	12	till	till	SCONJ
hassl-827	97	13	the	the	DET
hassl-827	97	14	maturity	maturity	NOUN
hassl-827	97	15	of	of	ADP
hassl-827	97	16	bond	bond	NOUN
hassl-827	97	17	due	due	ADP
hassl-827	97	18	to	to	ADP
hassl-827	97	19	the	the	DET
hassl-827	97	20	high	high	ADJ
hassl-827	97	21	interest	interest	NOUN
hassl-827	97	22	rate	rate	NOUN
hassl-827	97	23	(	(	PUNCT
hassl-827	97	24	accaglobal.com	accaglobal.com	X
hassl-827	97	25	)	)	PUNCT
hassl-827	97	26	.	.	PUNCT
hassl-827	98	1	banks	bank	NOUN
hassl-827	98	2	offer	offer	VERB
hassl-827	98	3	different	different	ADJ
hassl-827	98	4	varieties	variety	NOUN
hassl-827	98	5	of	of	ADP
hassl-827	98	6	interest	interest	NOUN
hassl-827	98	7	rates	rate	NOUN
hassl-827	98	8	for	for	ADP
hassl-827	98	9	borrowing	borrowing	NOUN
hassl-827	98	10	and	and	CCONJ
hassl-827	98	11	saving	saving	NOUN
hassl-827	98	12	.	.	PUNCT
hassl-827	99	1	the	the	DET
hassl-827	99	2	central	central	PROPN
hassl-827	99	3	bank	bank	NOUN
hassl-827	99	4	plays	play	VERB
hassl-827	99	5	a	a	DET
hassl-827	99	6	vital	vital	ADJ
hassl-827	99	7	role	role	NOUN
hassl-827	99	8	for	for	ADP
hassl-827	99	9	the	the	DET
hassl-827	99	10	economy‟s	economy‟s	ADJ
hassl-827	99	11	growth	growth	NOUN
hassl-827	99	12	and	and	CCONJ
hassl-827	99	13	financial	financial	ADJ
hassl-827	99	14	stability	stability	NOUN
hassl-827	99	15	by	by	ADP
hassl-827	99	16	setting	set	VERB
hassl-827	99	17	the	the	DET
hassl-827	99	18	interest	interest	NOUN
hassl-827	99	19	rates	rate	NOUN
hassl-827	99	20	.	.	PUNCT
hassl-827	100	1	the	the	DET
hassl-827	100	2	major	major	ADJ
hassl-827	100	3	source	source	NOUN
hassl-827	100	4	through	through	ADP
hassl-827	100	5	which	which	PRON
hassl-827	100	6	commercial	commercial	ADJ
hassl-827	100	7	banks	bank	NOUN
hassl-827	100	8	have	have	VERB
hassl-827	100	9	a	a	DET
hassl-827	100	10	positive	positive	ADJ
hassl-827	100	11	gain	gain	NOUN
hassl-827	100	12	in	in	ADP
hassl-827	100	13	their	their	PRON
hassl-827	100	14	income	income	NOUN
hassl-827	100	15	is	be	AUX
hassl-827	100	16	the	the	DET
hassl-827	100	17	interest	interest	NOUN
hassl-827	100	18	income	income	NOUN
hassl-827	100	19	from	from	ADP
hassl-827	100	20	the	the	DET
hassl-827	100	21	interest	interest	NOUN
hassl-827	100	22	rate	rate	NOUN
hassl-827	100	23	that	that	PRON
hassl-827	100	24	is	be	AUX
hassl-827	100	25	above	above	ADP
hassl-827	100	26	or	or	CCONJ
hassl-827	100	27	below	below	ADP
hassl-827	100	28	the	the	DET
hassl-827	100	29	inter	inter	PROPN
hassl-827	100	30	bank	bank	PROPN
hassl-827	100	31	loan	loan	NOUN
hassl-827	100	32	rate	rate	NOUN
hassl-827	100	33	.	.	PUNCT
hassl-827	101	1	the	the	DET
hassl-827	101	2	central	central	ADJ
hassl-827	101	3	bank	bank	NOUN
hassl-827	101	4	will	will	AUX
hassl-827	101	5	sometimes	sometimes	ADV
hassl-827	101	6	boost	boost	VERB
hassl-827	101	7	up	up	ADP
hassl-827	101	8	the	the	DET
hassl-827	101	9	interest	interest	NOUN
hassl-827	101	10	rate	rate	NOUN
hassl-827	101	11	in	in	ADP
hassl-827	101	12	order	order	NOUN
hassl-827	101	13	to	to	PART
hassl-827	101	14	correct	correct	VERB
hassl-827	101	15	different	different	ADJ
hassl-827	101	16	issues	issue	NOUN
hassl-827	101	17	such	such	ADJ
hassl-827	101	18	as	as	ADP
hassl-827	101	19	the	the	DET
hassl-827	101	20	inflation	inflation	NOUN
hassl-827	101	21	rate	rate	NOUN
hassl-827	101	22	.	.	PUNCT
hassl-827	102	1	high	high	ADJ
hassl-827	102	2	interest	interest	NOUN
hassl-827	102	3	rates	rate	NOUN
hassl-827	102	4	encourage	encourage	VERB
hassl-827	102	5	people	people	NOUN
hassl-827	102	6	to	to	PART
hassl-827	102	7	deposit	deposit	VERB
hassl-827	102	8	money	money	NOUN
hassl-827	102	9	in	in	ADP
hassl-827	102	10	the	the	DET
hassl-827	102	11	bank	bank	NOUN
hassl-827	102	12	by	by	ADP
hassl-827	102	13	giving	give	VERB
hassl-827	102	14	a	a	DET
hassl-827	102	15	good	good	ADJ
hassl-827	102	16	return	return	NOUN
hassl-827	102	17	on	on	ADP
hassl-827	102	18	savings	saving	NOUN
hassl-827	102	19	which	which	PRON
hassl-827	102	20	directly	directly	ADV
hassl-827	102	21	affects	affect	VERB
hassl-827	102	22	the	the	DET
hassl-827	102	23	inflation	inflation	NOUN
hassl-827	102	24	rate	rate	NOUN
hassl-827	102	25	and	and	CCONJ
hassl-827	102	26	also	also	ADV
hassl-827	102	27	the	the	DET
hassl-827	102	28	currency	currency	NOUN
hassl-827	102	29	revaluation	revaluation	NOUN
hassl-827	102	30	for	for	ADP
hassl-827	102	31	an	an	DET
hassl-827	102	32	increase	increase	NOUN
hassl-827	102	33	in	in	ADP
hassl-827	102	34	the	the	DET
hassl-827	102	35	value	value	NOUN
hassl-827	102	36	of	of	ADP
hassl-827	102	37	money	money	NOUN
hassl-827	102	38	.	.	PUNCT
hassl-827	103	1	when	when	SCONJ
hassl-827	103	2	the	the	DET
hassl-827	103	3	interest	interest	NOUN
hassl-827	103	4	rate	rate	NOUN
hassl-827	103	5	rises	rise	VERB
hassl-827	103	6	it	it	PRON
hassl-827	103	7	increases	increase	VERB
hassl-827	103	8	the	the	DET
hassl-827	103	9	demand	demand	NOUN
hassl-827	103	10	of	of	ADP
hassl-827	103	11	government	government	NOUN
hassl-827	103	12	securities	security	NOUN
hassl-827	103	13	.	.	PUNCT
hassl-827	104	1	prior	prior	ADJ
hassl-827	104	2	studies	study	NOUN
hassl-827	104	3	show	show	VERB
hassl-827	104	4	a	a	DET
hassl-827	104	5	clear	clear	ADJ
hassl-827	104	6	picture	picture	NOUN
hassl-827	104	7	that	that	SCONJ
hassl-827	104	8	when	when	SCONJ
hassl-827	104	9	the	the	DET
hassl-827	104	10	interest	interest	NOUN
hassl-827	104	11	rate	rate	NOUN
hassl-827	104	12	rises	rise	VERB
hassl-827	104	13	it	it	PRON
hassl-827	104	14	affects	affect	VERB
hassl-827	104	15	the	the	DET
hassl-827	104	16	borrowers	borrower	NOUN
hassl-827	104	17	.	.	PUNCT
hassl-827	105	1	however	however	ADV
hassl-827	105	2	,	,	PUNCT
hassl-827	105	3	it	it	PRON
hassl-827	105	4	doesn‟t	doesn‟t	ADV
hassl-827	105	5	affect	affect	VERB
hassl-827	105	6	the	the	DET
hassl-827	105	7	performance	performance	NOUN
hassl-827	105	8	of	of	ADP
hassl-827	105	9	banks	bank	NOUN
hassl-827	105	10	.	.	PUNCT
hassl-827	106	1	when	when	SCONJ
hassl-827	106	2	there	there	PRON
hassl-827	106	3	is	be	VERB
hassl-827	106	4	an	an	DET
hassl-827	106	5	increase	increase	NOUN
hassl-827	106	6	in	in	ADP
hassl-827	106	7	the	the	DET
hassl-827	106	8	interest	interest	NOUN
hassl-827	106	9	rate	rate	NOUN
hassl-827	106	10	the	the	DET
hassl-827	106	11	borrower	borrower	NOUN
hassl-827	106	12	pays	pay	VERB
hassl-827	106	13	more	more	ADJ
hassl-827	106	14	and	and	CCONJ
hassl-827	106	15	the	the	DET
hassl-827	106	16	lender	lender	NOUN
hassl-827	106	17	enjoys	enjoy	VERB
hassl-827	106	18	profit	profit	NOUN
hassl-827	106	19	or	or	CCONJ
hassl-827	106	20	return	return	VERB
hassl-827	106	21	.	.	PUNCT
hassl-827	107	1	in	in	ADP
hassl-827	107	2	pakistan	pakistan	PROPN
hassl-827	107	3	,	,	PUNCT
hassl-827	107	4	comparatively	comparatively	ADV
hassl-827	107	5	,	,	PUNCT
hassl-827	107	6	the	the	DET
hassl-827	107	7	spreads	spread	NOUN
hassl-827	107	8	are	be	AUX
hassl-827	107	9	higher	high	ADJ
hassl-827	107	10	.	.	PUNCT
hassl-827	108	1	when	when	SCONJ
hassl-827	108	2	the	the	DET
hassl-827	108	3	interest	interest	NOUN
hassl-827	108	4	rate	rate	NOUN
hassl-827	108	5	goes	go	VERB
hassl-827	108	6	up	up	ADP
hassl-827	108	7	,	,	PUNCT
hassl-827	108	8	people	people	NOUN
hassl-827	108	9	would	would	AUX
hassl-827	108	10	move	move	VERB
hassl-827	108	11	towards	towards	ADP
hassl-827	108	12	savings	saving	NOUN
hassl-827	108	13	and	and	CCONJ
hassl-827	108	14	that	that	SCONJ
hassl-827	108	15	results	result	VERB
hassl-827	108	16	in	in	ADP
hassl-827	108	17	the	the	DET
hassl-827	108	18	increase	increase	NOUN
hassl-827	108	19	in	in	ADP
hassl-827	108	20	banks‟	banks‟	PROPN
hassl-827	108	21	profit	profit	NOUN
hassl-827	108	22	.	.	PUNCT
hassl-827	109	1	bourke	bourke	PROPN
hassl-827	109	2	(	(	PUNCT
hassl-827	109	3	1989	1989	NUM
hassl-827	109	4	)	)	PUNCT
hassl-827	109	5	and	and	CCONJ
hassl-827	109	6	molyneux	molyneux	PROPN
hassl-827	109	7	and	and	CCONJ
hassl-827	109	8	thornton	thornton	PROPN
hassl-827	109	9	(	(	PUNCT
hassl-827	109	10	1992	1992	NUM
hassl-827	109	11	)	)	PUNCT
hassl-827	109	12	found	find	VERB
hassl-827	109	13	positive	positive	ADJ
hassl-827	109	14	relationships	relationship	NOUN
hassl-827	109	15	among	among	ADP
hassl-827	109	16	better	well	ADJ
hassl-827	109	17	quality	quality	NOUN
hassl-827	109	18	management	management	NOUN
hassl-827	109	19	and	and	CCONJ
hassl-827	109	20	overall	overall	ADJ
hassl-827	109	21	profitability	profitability	NOUN
hassl-827	109	22	.	.	PUNCT
hassl-827	110	1	different	different	ADJ
hassl-827	110	2	studies	study	NOUN
hassl-827	110	3	have	have	AUX
hassl-827	110	4	found	find	VERB
hassl-827	110	5	out	out	ADP
hassl-827	110	6	that	that	SCONJ
hassl-827	110	7	it	it	PRON
hassl-827	110	8	is	be	AUX
hassl-827	110	9	very	very	ADV
hassl-827	110	10	important	important	ADJ
hassl-827	110	11	for	for	ADP
hassl-827	110	12	the	the	DET
hassl-827	110	13	banks	bank	NOUN
hassl-827	110	14	that	that	PRON
hassl-827	110	15	they	they	PRON
hassl-827	110	16	hedge	hedge	VERB
hassl-827	110	17	their	their	PRON
hassl-827	110	18	risk	risk	NOUN
hassl-827	110	19	with	with	ADP
hassl-827	110	20	interest	interest	NOUN
hassl-827	110	21	rate	rate	NOUN
hassl-827	110	22	swaps	swap	NOUN
hassl-827	110	23	,	,	PUNCT
hassl-827	110	24	with	with	SCONJ
hassl-827	110	25	estimation	estimation	NOUN
hassl-827	110	26	effects	effect	NOUN
hassl-827	110	27	stated	state	VERB
hassl-827	110	28	as	as	ADP
hassl-827	110	29	non	non	ADJ
hassl-827	110	30	-	-	ADJ
hassl-827	110	31	interest	interest	ADJ
hassl-827	110	32	earnings	earning	NOUN
hassl-827	110	33	(	(	PUNCT
hassl-827	110	34	gorton	gorton	PROPN
hassl-827	110	35	and	and	CCONJ
hassl-827	110	36	rosen	rosen	PROPN
hassl-827	110	37	,	,	PUNCT
hassl-827	110	38	1995	1995	NUM
hassl-827	110	39	)	)	PUNCT
hassl-827	110	40	.	.	PUNCT
hassl-827	111	1	as	as	SCONJ
hassl-827	111	2	the	the	DET
hassl-827	111	3	liabilities	liability	NOUN
hassl-827	111	4	of	of	ADP
hassl-827	111	5	banks	bank	NOUN
hassl-827	111	6	in	in	ADP
hassl-827	111	7	terms	term	NOUN
hassl-827	111	8	of	of	ADP
hassl-827	111	9	maturity	maturity	NOUN
hassl-827	111	10	are	be	AUX
hassl-827	111	11	shorter	short	ADJ
hassl-827	111	12	than	than	ADP
hassl-827	111	13	their	their	PRON
hassl-827	111	14	assets	asset	NOUN
hassl-827	111	15	and	and	CCONJ
hassl-827	111	16	have	have	VERB
hassl-827	111	17	a	a	DET
hassl-827	111	18	shorter	short	ADJ
hassl-827	111	19	interval	interval	NOUN
hassl-827	111	20	for	for	ADP
hassl-827	111	21	re	re	NOUN
hassl-827	111	22	-	-	NOUN
hassl-827	111	23	pricing	pricing	ADJ
hassl-827	111	24	,	,	PUNCT
hassl-827	111	25	they	they	PRON
hassl-827	111	26	receive	receive	VERB
hassl-827	111	27	floating	float	VERB
hassl-827	111	28	rates	rate	NOUN
hassl-827	111	29	and	and	CCONJ
hassl-827	111	30	pay	pay	VERB
hassl-827	111	31	fixed	fix	VERB
hassl-827	111	32	rates	rate	NOUN
hassl-827	111	33	.	.	PUNCT
hassl-827	112	1	a	a	DET
hassl-827	112	2	higher	high	ADJ
hassl-827	112	3	interest	interest	NOUN
hassl-827	112	4	rate	rate	NOUN
hassl-827	112	5	would	would	AUX
hassl-827	112	6	result	result	VERB
hassl-827	112	7	in	in	ADP
hassl-827	112	8	valuation	valuation	NOUN
hassl-827	112	9	gains	gain	NOUN
hassl-827	112	10	and	and	CCONJ
hassl-827	112	11	also	also	ADV
hassl-827	112	12	affects	affect	VERB
hassl-827	112	13	the	the	DET
hassl-827	112	14	interest	interest	NOUN
hassl-827	112	15	margins	margin	NOUN
hassl-827	112	16	.	.	PUNCT
hassl-827	113	1	bashir	bashir	PROPN
hassl-827	113	2	and	and	CCONJ
hassl-827	113	3	hassan	hassan	PROPN
hassl-827	113	4	(	(	PUNCT
hassl-827	113	5	1997	1997	NUM
hassl-827	113	6	)	)	PUNCT
hassl-827	113	7	in	in	ADP
hassl-827	113	8	their	their	PRON
hassl-827	113	9	research	research	NOUN
hassl-827	113	10	showed	show	VERB
hassl-827	113	11	the	the	DET
hassl-827	113	12	sensitivity	sensitivity	NOUN
hassl-827	113	13	of	of	ADP
hassl-827	113	14	the	the	DET
hassl-827	113	15	interest	interest	NOUN
hassl-827	113	16	rate	rate	NOUN
hassl-827	113	17	to	to	ADP
hassl-827	113	18	stocks	stock	NOUN
hassl-827	113	19	in	in	ADP
hassl-827	113	20	the	the	DET
hassl-827	113	21	uae	uae	PROPN
hassl-827	113	22	and	and	CCONJ
hassl-827	113	23	found	find	VERB
hassl-827	113	24	out	out	ADP
hassl-827	113	25	that	that	SCONJ
hassl-827	113	26	the	the	DET
hassl-827	113	27	stocks	stock	NOUN
hassl-827	113	28	of	of	ADP
hassl-827	113	29	the	the	DET
hassl-827	113	30	banking	banking	NOUN
hassl-827	113	31	sector	sector	NOUN
hassl-827	113	32	were	be	AUX
hassl-827	113	33	negatively	negatively	ADV
hassl-827	113	34	impacted	impact	VERB
hassl-827	113	35	by	by	ADP
hassl-827	113	36	changes	change	NOUN
hassl-827	113	37	or	or	CCONJ
hassl-827	113	38	fluctuations	fluctuation	NOUN
hassl-827	113	39	in	in	ADP
hassl-827	113	40	the	the	DET
hassl-827	113	41	interest	interest	NOUN
hassl-827	113	42	rate	rate	NOUN
hassl-827	113	43	.	.	PUNCT
hassl-827	114	1	dividend	dividend	NOUN
hassl-827	114	2	growth	growth	NOUN
hassl-827	114	3	and	and	CCONJ
hassl-827	114	4	earnings	earning	NOUN
hassl-827	114	5	have	have	AUX
hassl-827	114	6	always	always	ADV
hassl-827	114	7	been	be	AUX
hassl-827	114	8	slower	slow	ADJ
hassl-827	114	9	than	than	ADP
hassl-827	114	10	net	net	ADJ
hassl-827	114	11	economic	economic	ADJ
hassl-827	114	12	growth	growth	NOUN
hassl-827	114	13	and	and	CCONJ
hassl-827	114	14	related	relate	VERB
hassl-827	114	15	to	to	ADP
hassl-827	114	16	this	this	PRON
hassl-827	114	17	during	during	ADP
hassl-827	114	18	the	the	DET
hassl-827	114	19	twentieth	twentieth	ADJ
hassl-827	114	20	century	century	NOUN
hassl-827	114	21	,	,	PUNCT
hassl-827	114	22	growth	growth	NOUN
hassl-827	114	23	in	in	ADP
hassl-827	114	24	dividends	dividend	NOUN
hassl-827	114	25	was	be	AUX
hassl-827	114	26	two	two	NUM
hassl-827	114	27	percent	percent	NOUN
hassl-827	114	28	slower	slow	ADJ
hassl-827	114	29	than	than	ADP
hassl-827	114	30	basic	basic	ADJ
hassl-827	114	31	macroeconomic	macroeconomic	ADJ
hassl-827	114	32	growth	growth	NOUN
hassl-827	114	33	(	(	PUNCT
hassl-827	114	34	bernstein	bernstein	PROPN
hassl-827	114	35	and	and	CCONJ
hassl-827	114	36	arnott	arnott	PROPN
hassl-827	114	37	,	,	PUNCT
hassl-827	114	38	2003	2003	NUM
hassl-827	114	39	)	)	PUNCT
hassl-827	114	40	.	.	PUNCT
hassl-827	115	1	bleakley	bleakley	PROPN
hassl-827	115	2	and	and	CCONJ
hassl-827	115	3	cowan	cowan	PROPN
hassl-827	115	4	(	(	PUNCT
hassl-827	115	5	2008	2008	NUM
hassl-827	115	6	)	)	PUNCT
hassl-827	115	7	opposed	oppose	VERB
hassl-827	115	8	the	the	DET
hassl-827	115	9	idea	idea	NOUN
hassl-827	115	10	that	that	SCONJ
hassl-827	115	11	the	the	DET
hassl-827	115	12	cause	cause	NOUN
hassl-827	115	13	of	of	ADP
hassl-827	115	14	financial	financial	ADJ
hassl-827	115	15	crises	crisis	NOUN
hassl-827	115	16	was	be	AUX
hassl-827	115	17	short	short	ADJ
hassl-827	115	18	term	term	NOUN
hassl-827	115	19	liabilities	liability	NOUN
hassl-827	115	20	by	by	ADP
hassl-827	115	21	pointing	point	VERB
hassl-827	115	22	out	out	ADP
hassl-827	115	23	that	that	SCONJ
hassl-827	115	24	regions	region	NOUN
hassl-827	115	25	and	and	CCONJ
hassl-827	115	26	countries	country	NOUN
hassl-827	115	27	in	in	ADP
hassl-827	115	28	financial	financial	ADJ
hassl-827	115	29	crises	crisis	NOUN
hassl-827	115	30	or	or	CCONJ
hassl-827	115	31	distress	distress	NOUN
hassl-827	115	32	would	would	AUX
hassl-827	115	33	be	be	AUX
hassl-827	115	34	prone	prone	ADJ
hassl-827	115	35	to	to	ADP
hassl-827	115	36	issuing	issue	VERB
hassl-827	115	37	more	more	ADV
hassl-827	115	38	short	short	ADJ
hassl-827	115	39	term	term	NOUN
hassl-827	115	40	debts	debt	NOUN
hassl-827	115	41	and	and	CCONJ
hassl-827	115	42	have	have	VERB
hassl-827	115	43	maturity	maturity	NOUN
hassl-827	115	44	mismatches	mismatch	NOUN
hassl-827	115	45	.	.	PUNCT
hassl-827	116	1	later	later	ADV
hassl-827	116	2	on	on	ADV
hassl-827	116	3	,	,	PUNCT
hassl-827	116	4	they	they	PRON
hassl-827	116	5	found	find	VERB
hassl-827	116	6	no	no	DET
hassl-827	116	7	difference	difference	NOUN
hassl-827	116	8	between	between	ADP
hassl-827	116	9	the	the	DET
hassl-827	116	10	sum	sum	NOUN
hassl-827	116	11	of	of	ADP
hassl-827	116	12	investment	investment	NOUN
hassl-827	116	13	by	by	ADP
hassl-827	116	14	firms	firm	NOUN
hassl-827	116	15	with	with	ADP
hassl-827	116	16	high	high	ADJ
hassl-827	116	17	and	and	CCONJ
hassl-827	116	18	low	low	ADJ
hassl-827	116	19	maturity	maturity	NOUN
hassl-827	116	20	mismatches	mismatch	NOUN
hassl-827	116	21	during	during	ADP
hassl-827	116	22	reversals	reversal	NOUN
hassl-827	116	23	(	(	PUNCT
hassl-827	116	24	capital	capital	NOUN
hassl-827	116	25	reversals	reversal	NOUN
hassl-827	116	26	)	)	PUNCT
hassl-827	116	27	in	in	ADP
hassl-827	116	28	emerging	emerge	VERB
hassl-827	116	29	markets	market	NOUN
hassl-827	116	30	.	.	PUNCT
hassl-827	117	1	vaz	vaz	NOUN
hassl-827	117	2	et	et	PROPN
hassl-827	117	3	al	al	PROPN
hassl-827	117	4	.	.	PROPN
hassl-827	118	1	(	(	PUNCT
hassl-827	118	2	2008	2008	NUM
hassl-827	118	3	)	)	PUNCT
hassl-827	118	4	from	from	ADP
hassl-827	118	5	january	january	PROPN
hassl-827	118	6	1990	1990	NUM
hassl-827	118	7	to	to	ADP
hassl-827	118	8	june	june	PROPN
hassl-827	118	9	2005	2005	NUM
hassl-827	118	10	by	by	ADP
hassl-827	118	11	using	use	VERB
hassl-827	118	12	a	a	DET
hassl-827	118	13	market	market	NOUN
hassl-827	118	14	model	model	NOUN
hassl-827	118	15	found	find	VERB
hassl-827	118	16	out	out	ADP
hassl-827	118	17	that	that	SCONJ
hassl-827	118	18	when	when	SCONJ
hassl-827	118	19	the	the	DET
hassl-827	118	20	interest	interest	NOUN
hassl-827	118	21	rate	rate	NOUN
hassl-827	118	22	changes	change	NOUN
hassl-827	118	23	or	or	CCONJ
hassl-827	118	24	increases	increase	NOUN
hassl-827	118	25	there	there	PRON
hassl-827	118	26	was	be	VERB
hassl-827	118	27	no	no	DET
hassl-827	118	28	negative	negative	ADJ
hassl-827	118	29	change	change	NOUN
hassl-827	118	30	on	on	ADP
hassl-827	118	31	stock	stock	NOUN
hassl-827	118	32	returns	return	NOUN
hassl-827	118	33	in	in	ADP
hassl-827	118	34	australian	australian	ADJ
hassl-827	118	35	banks	bank	NOUN
hassl-827	118	36	as	as	SCONJ
hassl-827	118	37	opposed	oppose	VERB
hassl-827	118	38	to	to	ADP
hassl-827	118	39	us	us	PROPN
hassl-827	118	40	banks	bank	NOUN
hassl-827	118	41	,	,	PUNCT
hassl-827	118	42	where	where	SCONJ
hassl-827	118	43	there	there	PRON
hassl-827	118	44	was	be	VERB
hassl-827	118	45	a	a	DET
hassl-827	118	46	negative	negative	ADJ
hassl-827	118	47	impact	impact	NOUN
hassl-827	118	48	if	if	SCONJ
hassl-827	118	49	there	there	PRON
hassl-827	118	50	was	be	VERB
hassl-827	118	51	an	an	DET
hassl-827	118	52	increase	increase	NOUN
hassl-827	118	53	in	in	ADP
hassl-827	118	54	the	the	DET
hassl-827	118	55	interest	interest	NOUN
hassl-827	118	56	rate	rate	NOUN
hassl-827	118	57	.	.	PUNCT
hassl-827	119	1	there	there	PRON
hassl-827	119	2	was	be	VERB
hassl-827	119	3	also	also	ADV
hassl-827	119	4	a	a	DET
hassl-827	119	5	positive	positive	ADJ
hassl-827	119	6	abnormal	abnormal	ADJ
hassl-827	119	7	return	return	NOUN
hassl-827	119	8	if	if	SCONJ
hassl-827	119	9	there	there	PRON
hassl-827	119	10	was	be	VERB
hassl-827	119	11	an	an	DET
hassl-827	119	12	increase	increase	NOUN
hassl-827	119	13	in	in	ADP
hassl-827	119	14	cash	cash	NOUN
hassl-827	119	15	rate	rate	NOUN
hassl-827	119	16	.	.	PUNCT
hassl-827	120	1	it	it	PRON
hassl-827	120	2	was	be	AUX
hassl-827	120	3	found	find	VERB
hassl-827	120	4	that	that	SCONJ
hassl-827	120	5	australian	australian	ADJ
hassl-827	120	6	banks	bank	NOUN
hassl-827	120	7	that	that	PRON
hassl-827	120	8	work	work	VERB
hassl-827	120	9	in	in	ADP
hassl-827	120	10	a	a	DET
hassl-827	120	11	less	less	ADV
hassl-827	120	12	concentrated	concentrated	ADJ
hassl-827	120	13	environment	environment	NOUN
hassl-827	120	14	and	and	CCONJ
hassl-827	120	15	competitive	competitive	ADJ
hassl-827	120	16	environment	environment	NOUN
hassl-827	120	17	effectively	effectively	ADV
hassl-827	120	18	manage	manage	VERB
hassl-827	120	19	the	the	DET
hassl-827	120	20	earnings	earning	NOUN
hassl-827	120	21	impact	impact	NOUN
hassl-827	120	22	when	when	SCONJ
hassl-827	120	23	there	there	PRON
hassl-827	120	24	is	be	VERB
hassl-827	120	25	a	a	DET
hassl-827	120	26	cash	cash	NOUN
hassl-827	120	27	rate	rate	NOUN
hassl-827	120	28	change	change	NOUN
hassl-827	120	29	.	.	PUNCT
hassl-827	121	1	nishat	nishat	PROPN
hassl-827	121	2	and	and	CCONJ
hassl-827	121	3	shaheen	shaheen	PROPN
hassl-827	121	4	(	(	PUNCT
hassl-827	121	5	2004	2004	NUM
hassl-827	121	6	)	)	PUNCT
hassl-827	121	7	examined	examine	VERB
hassl-827	121	8	the	the	DET
hassl-827	121	9	long	long	ADJ
hassl-827	121	10	term	term	NOUN
hassl-827	121	11	relationship	relationship	NOUN
hassl-827	121	12	between	between	ADP
hassl-827	121	13	the	the	DET
hassl-827	121	14	kse	kse	PROPN
hassl-827	121	15	index	index	NOUN
hassl-827	121	16	and	and	CCONJ
hassl-827	121	17	macroeconomic	macroeconomic	ADJ
hassl-827	121	18	variables	variable	NOUN
hassl-827	121	19	and	and	CCONJ
hassl-827	121	20	concluded	conclude	VERB
hassl-827	121	21	that	that	SCONJ
hassl-827	121	22	the	the	DET
hassl-827	121	23	largest	large	ADJ
hassl-827	121	24	negative	negative	ADJ
hassl-827	121	25	and	and	CCONJ
hassl-827	121	26	positive	positive	ADJ
hassl-827	121	27	determinants	determinant	NOUN
hassl-827	121	28	were	be	AUX
hassl-827	121	29	inflation	inflation	NOUN
hassl-827	121	30	and	and	CCONJ
hassl-827	121	31	industrial	industrial	ADJ
hassl-827	121	32	production	production	NOUN
hassl-827	121	33	.	.	PUNCT
hassl-827	122	1	a	a	DET
hassl-827	122	2	causal	causal	ADJ
hassl-827	122	3	relationship	relationship	NOUN
hassl-827	122	4	between	between	ADP
hassl-827	122	5	the	the	DET
hassl-827	122	6	interest	interest	NOUN
hassl-827	122	7	rate	rate	NOUN
hassl-827	122	8	and	and	CCONJ
hassl-827	122	9	stock	stock	NOUN
hassl-827	122	10	market	market	NOUN
hassl-827	122	11	was	be	AUX
hassl-827	122	12	found	find	VERB
hassl-827	122	13	.	.	PUNCT
hassl-827	123	1	there	there	PRON
hassl-827	123	2	was	be	VERB
hassl-827	123	3	a	a	DET
hassl-827	123	4	significant	significant	ADJ
hassl-827	123	5	relationship	relationship	NOUN
hassl-827	123	6	of	of	ADP
hassl-827	123	7	the	the	DET
hassl-827	123	8	property	property	NOUN
hassl-827	123	9	index	index	NOUN
hassl-827	123	10	and	and	CCONJ
hassl-827	123	11	stock	stock	NOUN
hassl-827	123	12	index	index	NOUN
hassl-827	123	13	with	with	ADP
hassl-827	123	14	all	all	DET
hassl-827	123	15	variables	variable	NOUN
hassl-827	123	16	.	.	PUNCT
hassl-827	124	1	bredin	bredin	VERB
hassl-827	124	2	et	et	NOUN
hassl-827	124	3	al	al	PROPN
hassl-827	124	4	.	.	PUNCT
hassl-827	125	1	(	(	PUNCT
hassl-827	125	2	2007	2007	NUM
hassl-827	125	3	)	)	PUNCT
hassl-827	125	4	examined	examine	VERB
hassl-827	125	5	the	the	DET
hassl-827	125	6	sensitivity	sensitivity	NOUN
hassl-827	125	7	between	between	ADP
hassl-827	125	8	33	33	NUM
hassl-827	125	9	industry	industry	NOUN
hassl-827	125	10	portfolios	portfolio	NOUN
hassl-827	125	11	of	of	ADP
hassl-827	125	12	stock	stock	NOUN
hassl-827	125	13	returns	return	NOUN
hassl-827	125	14	of	of	ADP
hassl-827	125	15	four	four	NUM
hassl-827	125	16	european	european	ADJ
hassl-827	125	17	economies	economy	NOUN
hassl-827	125	18	to	to	ADP
hassl-827	125	19	market	market	NOUN
hassl-827	125	20	risk	risk	NOUN
hassl-827	125	21	,	,	PUNCT
hassl-827	125	22	the	the	DET
hassl-827	125	23	interest	interest	NOUN
hassl-827	125	24	rate	rate	NOUN
hassl-827	125	25	and	and	CCONJ
hassl-827	125	26	exchange	exchange	NOUN
hassl-827	125	27	rate	rate	NOUN
hassl-827	125	28	from	from	ADP
hassl-827	125	29	1973	1973	NUM
hassl-827	125	30	to	to	ADP
hassl-827	125	31	2004	2004	NUM
hassl-827	125	32	.	.	PUNCT
hassl-827	126	1	banks	bank	NOUN
hassl-827	126	2	in	in	ADP
hassl-827	126	3	the	the	DET
hassl-827	126	4	uk	uk	PROPN
hassl-827	126	5	were	be	AUX
hassl-827	126	6	the	the	DET
hassl-827	126	7	least	least	ADV
hassl-827	126	8	profitable	profitable	ADJ
hassl-827	126	9	while	while	SCONJ
hassl-827	126	10	those	those	PRON
hassl-827	126	11	in	in	ADP
hassl-827	126	12	the	the	DET
hassl-827	126	13	us	us	PROPN
hassl-827	126	14	were	be	AUX
hassl-827	126	15	most	most	ADV
hassl-827	126	16	profitable	profitable	ADJ
hassl-827	126	17	.	.	PUNCT
hassl-827	127	1	when	when	SCONJ
hassl-827	127	2	it	it	PRON
hassl-827	127	3	comes	come	VERB
hassl-827	127	4	to	to	ADP
hassl-827	127	5	the	the	DET
hassl-827	127	6	us	us	PROPN
hassl-827	127	7	banks	bank	NOUN
hassl-827	127	8	there	there	ADV
hassl-827	127	9	was	be	VERB
hassl-827	127	10	a	a	DET
hassl-827	127	11	negative	negative	ADJ
hassl-827	127	12	impact	impact	NOUN
hassl-827	127	13	by	by	ADP
hassl-827	127	14	the	the	DET
hassl-827	127	15	change	change	NOUN
hassl-827	127	16	of	of	ADP
hassl-827	127	17	interest	interest	NOUN
hassl-827	127	18	rate	rate	NOUN
hassl-827	127	19	or	or	CCONJ
hassl-827	127	20	the	the	DET
hassl-827	127	21	fluctuation	fluctuation	NOUN
hassl-827	127	22	in	in	ADP
hassl-827	127	23	interest	interest	NOUN
hassl-827	127	24	rates	rate	NOUN
hassl-827	127	25	on	on	ADP
hassl-827	127	26	the	the	DET
hassl-827	127	27	stock	stock	NOUN
hassl-827	127	28	returns	return	NOUN
hassl-827	127	29	of	of	ADP
hassl-827	127	30	banks	bank	NOUN
hassl-827	127	31	(	(	PUNCT
hassl-827	127	32	lynge	lynge	NOUN
hassl-827	127	33	and	and	CCONJ
hassl-827	127	34	zumwalt	zumwalt	PROPN
hassl-827	127	35	,	,	PUNCT
hassl-827	127	36	1980	1980	NUM
hassl-827	127	37	;	;	PUNCT
hassl-827	127	38	bae	bae	NOUN
hassl-827	127	39	,	,	PUNCT
hassl-827	127	40	1990	1990	NUM
hassl-827	127	41	;	;	PUNCT
hassl-827	127	42	kwan	kwan	PROPN
hassl-827	127	43	,	,	PUNCT
hassl-827	127	44	1991	1991	NUM
hassl-827	127	45	;	;	PUNCT
hassl-827	127	46	dinenis	dineni	NOUN
hassl-827	127	47	and	and	CCONJ
hassl-827	127	48	staikouras	staikoura	NOUN
hassl-827	127	49	,	,	PUNCT
hassl-827	127	50	1998	1998	NUM
hassl-827	127	51	;	;	PUNCT
hassl-827	127	52	czaja	czaja	NOUN
hassl-827	127	53	and	and	CCONJ
hassl-827	127	54	scholz	scholz	NOUN
hassl-827	127	55	,	,	PUNCT
hassl-827	127	56	2007	2007	NUM
hassl-827	127	57	)	)	PUNCT
hassl-827	127	58	.	.	PUNCT
hassl-827	128	1	studies	study	NOUN
hassl-827	128	2	show	show	VERB
hassl-827	128	3	that	that	SCONJ
hassl-827	128	4	there	there	PRON
hassl-827	128	5	is	be	VERB
hassl-827	128	6	a	a	DET
hassl-827	128	7	differential	differential	ADJ
hassl-827	128	8	effect	effect	NOUN
hassl-827	128	9	of	of	ADP
hassl-827	128	10	expected	expect	VERB
hassl-827	128	11	changes	change	NOUN
hassl-827	128	12	in	in	ADP
hassl-827	128	13	the	the	DET
hassl-827	128	14	interest	interest	NOUN
hassl-827	128	15	rate	rate	NOUN
hassl-827	128	16	and	and	CCONJ
hassl-827	128	17	actual	actual	ADJ
hassl-827	128	18	changes	change	NOUN
hassl-827	128	19	in	in	ADP
hassl-827	128	20	the	the	DET
hassl-827	128	21	real	real	ADJ
hassl-827	128	22	interest	interest	NOUN
hassl-827	128	23	rate	rate	NOUN
hassl-827	128	24	on	on	ADP
hassl-827	128	25	the	the	DET
hassl-827	128	26	stock	stock	NOUN
hassl-827	128	27	returns	return	NOUN
hassl-827	128	28	of	of	ADP
hassl-827	128	29	spanish	spanish	ADJ
hassl-827	128	30	companies	company	NOUN
hassl-827	128	31	and	and	CCONJ
hassl-827	128	32	both	both	CCONJ
hassl-827	128	33	financial	financial	ADJ
hassl-827	128	34	and	and	CCONJ
hassl-827	128	35	non	non	ADJ
hassl-827	128	36	-	-	ADJ
hassl-827	128	37	financial	financial	ADJ
hassl-827	128	38	institutions	institution	NOUN
hassl-827	128	39	at	at	ADP
hassl-827	128	40	the	the	DET
hassl-827	128	41	humanities	humanity	NOUN
hassl-827	128	42	and	and	CCONJ
hassl-827	128	43	social	social	ADJ
hassl-827	128	44	sciences	science	NOUN
hassl-827	128	45	letters	letter	NOUN
hassl-827	128	46	,	,	PUNCT
hassl-827	128	47	2019	2019	NUM
hassl-827	128	48	,	,	PUNCT
hassl-827	128	49	7(3	7(3	NUM
hassl-827	128	50	):	):	PUNCT
hassl-827	128	51	167	167	NUM
hassl-827	128	52	-	-	SYM
hassl-827	128	53	180	180	NUM
hassl-827	128	54	171	171	NUM
hassl-827	128	55	©	©	PROPN
hassl-827	128	56	2019	2019	NUM
hassl-827	128	57	conscientia	conscientia	PROPN
hassl-827	128	58	beam	beam	PROPN
hassl-827	128	59	.	.	PUNCT
hassl-827	129	1	all	all	DET
hassl-827	129	2	rights	right	NOUN
hassl-827	129	3	reserved	reserve	VERB
hassl-827	129	4	.	.	PUNCT
hassl-827	130	1	sector	sector	NOUN
hassl-827	130	2	level	level	NOUN
hassl-827	130	3	(	(	PUNCT
hassl-827	130	4	jareño	jareño	PROPN
hassl-827	130	5	,	,	PUNCT
hassl-827	130	6	2008	2008	NUM
hassl-827	130	7	)	)	PUNCT
hassl-827	130	8	.	.	PUNCT
hassl-827	131	1	the	the	DET
hassl-827	131	2	two	two	NUM
hassl-827	131	3	most	most	ADV
hassl-827	131	4	important	important	ADJ
hassl-827	131	5	factors	factor	NOUN
hassl-827	131	6	of	of	ADP
hassl-827	131	7	the	the	DET
hassl-827	131	8	economy	economy	NOUN
hassl-827	131	9	that	that	PRON
hassl-827	131	10	affect	affect	VERB
hassl-827	131	11	common	common	ADJ
hassl-827	131	12	stocks	stock	NOUN
hassl-827	131	13	are	be	AUX
hassl-827	131	14	the	the	DET
hassl-827	131	15	foreign	foreign	ADJ
hassl-827	131	16	exchange	exchange	NOUN
hassl-827	131	17	rate	rate	NOUN
hassl-827	131	18	and	and	CCONJ
hassl-827	131	19	interest	interest	NOUN
hassl-827	131	20	rate	rate	NOUN
hassl-827	131	21	risk	risk	NOUN
hassl-827	131	22	(	(	PUNCT
hassl-827	131	23	bredin	bredin	VERB
hassl-827	131	24	et	et	NOUN
hassl-827	131	25	al	al	PROPN
hassl-827	131	26	.	.	PROPN
hassl-827	131	27	,	,	PUNCT
hassl-827	131	28	2007	2007	NUM
hassl-827	131	29	;	;	PUNCT
hassl-827	131	30	vaz	vaz	PROPN
hassl-827	131	31	et	et	PROPN
hassl-827	131	32	al	al	PROPN
hassl-827	131	33	.	.	PROPN
hassl-827	131	34	,	,	PUNCT
hassl-827	131	35	2008	2008	NUM
hassl-827	131	36	)	)	PUNCT
hassl-827	131	37	.	.	PUNCT
hassl-827	132	1	if	if	SCONJ
hassl-827	132	2	there	there	PRON
hassl-827	132	3	is	be	VERB
hassl-827	132	4	an	an	DET
hassl-827	132	5	increase	increase	NOUN
hassl-827	132	6	in	in	ADP
hassl-827	132	7	the	the	DET
hassl-827	132	8	interest	interest	NOUN
hassl-827	132	9	rate	rate	NOUN
hassl-827	132	10	,	,	PUNCT
hassl-827	132	11	there	there	PRON
hassl-827	132	12	is	be	VERB
hassl-827	132	13	a	a	DET
hassl-827	132	14	change	change	NOUN
hassl-827	132	15	in	in	ADP
hassl-827	132	16	the	the	DET
hassl-827	132	17	investment	investment	NOUN
hassl-827	132	18	structure	structure	NOUN
hassl-827	132	19	and	and	CCONJ
hassl-827	132	20	eventually	eventually	ADV
hassl-827	132	21	investing	invest	VERB
hassl-827	132	22	decisions	decision	NOUN
hassl-827	132	23	to	to	PART
hassl-827	132	24	change	change	VERB
hassl-827	132	25	from	from	ADP
hassl-827	132	26	the	the	DET
hassl-827	132	27	capital	capital	NOUN
hassl-827	132	28	market	market	NOUN
hassl-827	132	29	into	into	ADP
hassl-827	132	30	fixed	fix	VERB
hassl-827	132	31	income	income	NOUN
hassl-827	132	32	securities	security	NOUN
hassl-827	132	33	.	.	PUNCT
hassl-827	133	1	interest	interest	NOUN
hassl-827	133	2	rate	rate	NOUN
hassl-827	133	3	variability	variability	NOUN
hassl-827	133	4	generates	generate	VERB
hassl-827	133	5	a	a	DET
hassl-827	133	6	motion	motion	NOUN
hassl-827	133	7	to	to	ADP
hassl-827	133	8	the	the	DET
hassl-827	133	9	market	market	NOUN
hassl-827	133	10	i.e.	i.e.	ADV
hassl-827	133	11	from	from	ADP
hassl-827	133	12	capital	capital	NOUN
hassl-827	133	13	market	market	NOUN
hassl-827	133	14	to	to	ADP
hassl-827	133	15	money	money	NOUN
hassl-827	133	16	market	market	NOUN
hassl-827	133	17	.	.	PUNCT
hassl-827	134	1	however	however	ADV
hassl-827	134	2	,	,	PUNCT
hassl-827	134	3	the	the	DET
hassl-827	134	4	stocks	stock	NOUN
hassl-827	134	5	are	be	AUX
hassl-827	134	6	generally	generally	ADV
hassl-827	134	7	sensitive	sensitive	ADJ
hassl-827	134	8	to	to	ADP
hassl-827	134	9	the	the	DET
hassl-827	134	10	interest	interest	NOUN
hassl-827	134	11	rate	rate	NOUN
hassl-827	134	12	because	because	SCONJ
hassl-827	134	13	there	there	PRON
hassl-827	134	14	is	be	VERB
hassl-827	134	15	an	an	DET
hassl-827	134	16	inverse	inverse	NOUN
hassl-827	134	17	relationship	relationship	NOUN
hassl-827	134	18	between	between	ADP
hassl-827	134	19	stocks	stock	NOUN
hassl-827	134	20	and	and	CCONJ
hassl-827	134	21	interest	interest	NOUN
hassl-827	134	22	rate	rate	NOUN
hassl-827	134	23	changes	change	NOUN
hassl-827	134	24	(	(	PUNCT
hassl-827	134	25	alam	alam	PROPN
hassl-827	134	26	and	and	CCONJ
hassl-827	134	27	uddin	uddin	PROPN
hassl-827	134	28	,	,	PUNCT
hassl-827	134	29	2009	2009	NUM
hassl-827	134	30	)	)	PUNCT
hassl-827	134	31	.	.	PUNCT
hassl-827	135	1	past	past	ADJ
hassl-827	135	2	research	research	NOUN
hassl-827	135	3	has	have	AUX
hassl-827	135	4	shown	show	VERB
hassl-827	135	5	a	a	DET
hassl-827	135	6	negative	negative	ADJ
hassl-827	135	7	association	association	NOUN
hassl-827	135	8	between	between	ADP
hassl-827	135	9	the	the	DET
hassl-827	135	10	interest	interest	NOUN
hassl-827	135	11	rates	rate	NOUN
hassl-827	135	12	and	and	CCONJ
hassl-827	135	13	equity	equity	NOUN
hassl-827	135	14	returns	return	NOUN
hassl-827	135	15	for	for	ADP
hassl-827	135	16	highly	highly	ADV
hassl-827	135	17	developed	develop	VERB
hassl-827	135	18	economies	economy	NOUN
hassl-827	135	19	(	(	PUNCT
hassl-827	135	20	ioannidis	ioannidis	NOUN
hassl-827	135	21	and	and	CCONJ
hassl-827	135	22	kontonikas	kontonikas	NOUN
hassl-827	135	23	,	,	PUNCT
hassl-827	135	24	2008	2008	NUM
hassl-827	135	25	;	;	PUNCT
hassl-827	135	26	bredin	bredin	VERB
hassl-827	135	27	et	et	PROPN
hassl-827	135	28	al	al	PROPN
hassl-827	135	29	.	.	PROPN
hassl-827	135	30	,	,	PUNCT
hassl-827	135	31	2009	2009	NUM
hassl-827	135	32	)	)	PUNCT
hassl-827	135	33	.	.	PUNCT
hassl-827	136	1	different	different	ADJ
hassl-827	136	2	studies	study	NOUN
hassl-827	136	3	have	have	AUX
hassl-827	136	4	shown	show	VERB
hassl-827	136	5	a	a	DET
hassl-827	136	6	negative	negative	ADJ
hassl-827	136	7	relationship	relationship	NOUN
hassl-827	136	8	between	between	ADP
hassl-827	136	9	the	the	DET
hassl-827	136	10	short	short	ADJ
hassl-827	136	11	term	term	NOUN
hassl-827	136	12	stock	stock	NOUN
hassl-827	136	13	returns	return	NOUN
hassl-827	136	14	and	and	CCONJ
hassl-827	136	15	interest	interest	NOUN
hassl-827	136	16	rates	rate	NOUN
hassl-827	136	17	(	(	PUNCT
hassl-827	136	18	arango	arango	PROPN
hassl-827	136	19	et	et	PROPN
hassl-827	136	20	al	al	PROPN
hassl-827	136	21	.	.	PROPN
hassl-827	136	22	,	,	PUNCT
hassl-827	136	23	2002	2002	NUM
hassl-827	136	24	;	;	PUNCT
hassl-827	136	25	abugri	abugri	PROPN
hassl-827	136	26	,	,	PUNCT
hassl-827	136	27	2008	2008	NUM
hassl-827	136	28	)	)	PUNCT
hassl-827	136	29	.	.	PUNCT
hassl-827	137	1	other	other	ADJ
hassl-827	137	2	studies	study	NOUN
hassl-827	137	3	highlighted	highlight	VERB
hassl-827	137	4	the	the	DET
hassl-827	137	5	different	different	ADJ
hassl-827	137	6	role	role	NOUN
hassl-827	137	7	of	of	ADP
hassl-827	137	8	regional	regional	ADJ
hassl-827	137	9	(	(	PUNCT
hassl-827	137	10	cooray	cooray	NOUN
hassl-827	137	11	and	and	CCONJ
hassl-827	137	12	wickremasinghe	wickremasinghe	ADJ
hassl-827	137	13	,	,	PUNCT
hassl-827	137	14	2007	2007	NUM
hassl-827	137	15	)	)	PUNCT
hassl-827	137	16	and	and	CCONJ
hassl-827	137	17	global	global	ADJ
hassl-827	137	18	factors	factor	NOUN
hassl-827	137	19	(	(	PUNCT
hassl-827	137	20	ang	ang	NOUN
hassl-827	137	21	and	and	CCONJ
hassl-827	137	22	bekaert	bekaert	NOUN
hassl-827	137	23	,	,	PUNCT
hassl-827	137	24	2002	2002	NUM
hassl-827	137	25	;	;	PUNCT
hassl-827	137	26	fifield	fifield	PROPN
hassl-827	137	27	et	et	PROPN
hassl-827	137	28	al	al	PROPN
hassl-827	137	29	.	.	PROPN
hassl-827	137	30	,	,	PUNCT
hassl-827	137	31	2002	2002	NUM
hassl-827	137	32	;	;	PUNCT
hassl-827	137	33	kundu	kundu	NOUN
hassl-827	137	34	and	and	CCONJ
hassl-827	137	35	sarkar	sarkar	NOUN
hassl-827	137	36	,	,	PUNCT
hassl-827	137	37	2016	2016	NUM
hassl-827	137	38	)	)	PUNCT
hassl-827	137	39	that	that	PRON
hassl-827	137	40	affect	affect	VERB
hassl-827	137	41	stock	stock	NOUN
hassl-827	137	42	returns	return	NOUN
hassl-827	137	43	if	if	SCONJ
hassl-827	137	44	there	there	PRON
hassl-827	137	45	is	be	VERB
hassl-827	137	46	a	a	DET
hassl-827	137	47	change	change	NOUN
hassl-827	137	48	in	in	ADP
hassl-827	137	49	the	the	DET
hassl-827	137	50	interest	interest	NOUN
hassl-827	137	51	rate	rate	NOUN
hassl-827	137	52	.	.	PUNCT
hassl-827	138	1	the	the	DET
hassl-827	138	2	studies	study	NOUN
hassl-827	138	3	in	in	ADP
hassl-827	138	4	pakistan	pakistan	PROPN
hassl-827	138	5	show	show	NOUN
hassl-827	138	6	that	that	SCONJ
hassl-827	138	7	oil	oil	NOUN
hassl-827	138	8	prices	price	NOUN
hassl-827	138	9	,	,	PUNCT
hassl-827	138	10	inflation	inflation	NOUN
hassl-827	138	11	and	and	CCONJ
hassl-827	138	12	industrial	industrial	ADJ
hassl-827	138	13	production	production	NOUN
hassl-827	138	14	are	be	AUX
hassl-827	138	15	not	not	PART
hassl-827	138	16	substantial	substantial	ADJ
hassl-827	138	17	in	in	ADP
hassl-827	138	18	defining	define	VERB
hassl-827	138	19	share	share	NOUN
hassl-827	138	20	prices	price	NOUN
hassl-827	138	21	in	in	ADP
hassl-827	138	22	the	the	DET
hassl-827	138	23	long	long	ADJ
hassl-827	138	24	term	term	NOUN
hassl-827	138	25	whereas	whereas	SCONJ
hassl-827	138	26	the	the	DET
hassl-827	138	27	exchange	exchange	NOUN
hassl-827	138	28	rates	rate	NOUN
hassl-827	138	29	,	,	PUNCT
hassl-827	138	30	money	money	NOUN
hassl-827	138	31	supply	supply	NOUN
hassl-827	138	32	and	and	CCONJ
hassl-827	138	33	interest	interest	NOUN
hassl-827	138	34	rate	rate	NOUN
hassl-827	138	35	have	have	VERB
hassl-827	138	36	a	a	DET
hassl-827	138	37	substantial	substantial	ADJ
hassl-827	138	38	effect	effect	NOUN
hassl-827	138	39	in	in	ADP
hassl-827	138	40	the	the	DET
hassl-827	138	41	long	long	ADJ
hassl-827	138	42	term	term	NOUN
hassl-827	138	43	on	on	ADP
hassl-827	138	44	share	share	NOUN
hassl-827	138	45	prices	price	NOUN
hassl-827	138	46	.	.	PUNCT
hassl-827	139	1	in	in	ADP
hassl-827	139	2	the	the	DET
hassl-827	139	3	short	short	ADJ
hassl-827	139	4	term	term	NOUN
hassl-827	139	5	,	,	PUNCT
hassl-827	139	6	changes	change	NOUN
hassl-827	139	7	in	in	ADP
hassl-827	139	8	oil	oil	NOUN
hassl-827	139	9	prices	price	NOUN
hassl-827	139	10	,	,	PUNCT
hassl-827	139	11	industrial	industrial	ADJ
hassl-827	139	12	production	production	NOUN
hassl-827	139	13	and	and	CCONJ
hassl-827	139	14	inflation	inflation	NOUN
hassl-827	139	15	have	have	VERB
hassl-827	139	16	insignificant	insignificant	ADJ
hassl-827	139	17	influence	influence	NOUN
hassl-827	139	18	whereas	whereas	SCONJ
hassl-827	139	19	the	the	DET
hassl-827	139	20	interest	interest	NOUN
hassl-827	139	21	rate	rate	NOUN
hassl-827	139	22	changes	change	NOUN
hassl-827	139	23	,	,	PUNCT
hassl-827	139	24	money	money	NOUN
hassl-827	139	25	supply	supply	NOUN
hassl-827	139	26	and	and	CCONJ
hassl-827	139	27	exchange	exchange	NOUN
hassl-827	139	28	rates	rate	NOUN
hassl-827	139	29	have	have	VERB
hassl-827	139	30	a	a	DET
hassl-827	139	31	significant	significant	ADJ
hassl-827	139	32	shortterm	shortterm	NOUN
hassl-827	139	33	influence	influence	NOUN
hassl-827	139	34	(	(	PUNCT
hassl-827	139	35	hasan	hasan	PROPN
hassl-827	139	36	and	and	CCONJ
hassl-827	139	37	nasir	nasir	PROPN
hassl-827	139	38	,	,	PUNCT
hassl-827	139	39	2008	2008	NUM
hassl-827	139	40	)	)	PUNCT
hassl-827	139	41	.	.	PUNCT
hassl-827	140	1	khawaja	khawaja	PROPN
hassl-827	140	2	and	and	CCONJ
hassl-827	140	3	din	din	PROPN
hassl-827	140	4	(	(	PUNCT
hassl-827	140	5	2007	2007	NUM
hassl-827	140	6	)	)	PUNCT
hassl-827	140	7	examined	examine	VERB
hassl-827	140	8	the	the	DET
hassl-827	140	9	interest	interest	NOUN
hassl-827	140	10	rate	rate	NOUN
hassl-827	140	11	spreads‟	spreads‟	NUM
hassl-827	140	12	determinants	determinant	NOUN
hassl-827	140	13	in	in	ADP
hassl-827	140	14	pakistan	pakistan	PROPN
hassl-827	140	15	by	by	ADP
hassl-827	140	16	using	use	VERB
hassl-827	140	17	industry	industry	NOUN
hassl-827	140	18	variables	variable	NOUN
hassl-827	140	19	and	and	CCONJ
hassl-827	140	20	firm	firm	ADJ
hassl-827	140	21	variables	variable	NOUN
hassl-827	140	22	.	.	PUNCT
hassl-827	141	1	they	they	PRON
hassl-827	141	2	found	find	VERB
hassl-827	141	3	that	that	SCONJ
hassl-827	141	4	one	one	NUM
hassl-827	141	5	of	of	ADP
hassl-827	141	6	the	the	DET
hassl-827	141	7	major	major	ADJ
hassl-827	141	8	interest	interest	NOUN
hassl-827	141	9	rate	rate	NOUN
hassl-827	141	10	spreads‟	spreads‟	NUM
hassl-827	141	11	determinants	determinant	NOUN
hassl-827	141	12	is	be	AUX
hassl-827	141	13	the	the	DET
hassl-827	141	14	inelasticity	inelasticity	NOUN
hassl-827	141	15	of	of	ADP
hassl-827	141	16	deposit	deposit	NOUN
hassl-827	141	17	supply	supply	NOUN
hassl-827	141	18	.	.	PUNCT
hassl-827	142	1	in	in	ADP
hassl-827	142	2	summary	summary	NOUN
hassl-827	142	3	,	,	PUNCT
hassl-827	142	4	the	the	DET
hassl-827	142	5	literature	literature	NOUN
hassl-827	142	6	indicates	indicate	VERB
hassl-827	142	7	that	that	SCONJ
hassl-827	142	8	there	there	PRON
hassl-827	142	9	is	be	VERB
hassl-827	142	10	no	no	DET
hassl-827	142	11	clear	clear	ADJ
hassl-827	142	12	evidence	evidence	NOUN
hassl-827	142	13	for	for	ADP
hassl-827	142	14	a	a	DET
hassl-827	142	15	study	study	NOUN
hassl-827	142	16	on	on	ADP
hassl-827	142	17	the	the	DET
hassl-827	142	18	asset	asset	NOUN
hassl-827	142	19	pricing	pricing	NOUN
hassl-827	142	20	and	and	CCONJ
hassl-827	142	21	equity	equity	NOUN
hassl-827	142	22	duration	duration	NOUN
hassl-827	142	23	paradox	paradox	NOUN
hassl-827	142	24	by	by	ADP
hassl-827	142	25	estimating	estimate	VERB
hassl-827	142	26	the	the	DET
hassl-827	142	27	banks‟	banks‟	PROPN
hassl-827	142	28	equity	equity	NOUN
hassl-827	142	29	duration	duration	NOUN
hassl-827	142	30	and	and	CCONJ
hassl-827	142	31	by	by	ADP
hassl-827	142	32	comparing	compare	VERB
hassl-827	142	33	developed	develop	VERB
hassl-827	142	34	and	and	CCONJ
hassl-827	142	35	developing	develop	VERB
hassl-827	142	36	countries	country	NOUN
hassl-827	142	37	.	.	PUNCT
hassl-827	143	1	therefore	therefore	ADV
hassl-827	143	2	,	,	PUNCT
hassl-827	143	3	this	this	DET
hassl-827	143	4	study	study	NOUN
hassl-827	143	5	contributes	contribute	VERB
hassl-827	143	6	to	to	ADP
hassl-827	143	7	the	the	DET
hassl-827	143	8	existing	exist	VERB
hassl-827	143	9	literature	literature	NOUN
hassl-827	143	10	by	by	ADP
hassl-827	143	11	investigating	investigate	VERB
hassl-827	143	12	the	the	DET
hassl-827	143	13	asset	asset	NOUN
hassl-827	143	14	pricing	pricing	NOUN
hassl-827	143	15	and	and	CCONJ
hassl-827	143	16	equation	equation	NOUN
hassl-827	143	17	duration	duration	NOUN
hassl-827	143	18	paradox	paradox	NOUN
hassl-827	143	19	by	by	ADP
hassl-827	143	20	considering	consider	VERB
hassl-827	143	21	the	the	DET
hassl-827	143	22	countries	country	NOUN
hassl-827	143	23	of	of	ADP
hassl-827	143	24	pakistan	pakistan	PROPN
hassl-827	143	25	,	,	PUNCT
hassl-827	143	26	india	india	PROPN
hassl-827	143	27	,	,	PUNCT
hassl-827	143	28	china	china	PROPN
hassl-827	143	29	,	,	PUNCT
hassl-827	143	30	australia	australia	PROPN
hassl-827	143	31	,	,	PUNCT
hassl-827	143	32	the	the	DET
hassl-827	143	33	uk	uk	PROPN
hassl-827	143	34	and	and	CCONJ
hassl-827	143	35	the	the	DET
hassl-827	143	36	us	us	PROPN
hassl-827	143	37	.	.	PUNCT
hassl-827	144	1	3	3	X
hassl-827	144	2	.	.	X
hassl-827	144	3	methodology	methodology	NOUN
hassl-827	144	4	the	the	DET
hassl-827	144	5	initial	initial	ADJ
hassl-827	144	6	concept	concept	NOUN
hassl-827	144	7	by	by	ADP
hassl-827	144	8	hicks	hicks	PROPN
hassl-827	144	9	(	(	PUNCT
hassl-827	144	10	1939	1939	NUM
hassl-827	144	11	)	)	PUNCT
hassl-827	144	12	on	on	ADP
hassl-827	144	13	duration	duration	NOUN
hassl-827	144	14	states	state	NOUN
hassl-827	144	15	that	that	SCONJ
hassl-827	144	16	it	it	PRON
hassl-827	144	17	is	be	AUX
hassl-827	144	18	the	the	DET
hassl-827	144	19	average	average	ADJ
hassl-827	144	20	numbers	number	NOUN
hassl-827	144	21	of	of	ADP
hassl-827	144	22	years	year	NOUN
hassl-827	144	23	required	require	VERB
hassl-827	144	24	recovering	recover	VERB
hassl-827	144	25	the	the	DET
hassl-827	144	26	present	present	ADJ
hassl-827	144	27	value	value	NOUN
hassl-827	144	28	of	of	ADP
hassl-827	144	29	a	a	DET
hassl-827	144	30	loan	loan	NOUN
hassl-827	144	31	.	.	PUNCT
hassl-827	145	1	their	their	PRON
hassl-827	145	2	research	research	NOUN
hassl-827	145	3	showed	show	VERB
hassl-827	145	4	it	it	PRON
hassl-827	145	5	is	be	AUX
hassl-827	145	6	the	the	DET
hassl-827	145	7	elasticity	elasticity	NOUN
hassl-827	145	8	of	of	ADP
hassl-827	145	9	the	the	DET
hassl-827	145	10	banks‟	banks‟	PROPN
hassl-827	145	11	share	share	NOUN
hassl-827	145	12	prices	price	NOUN
hassl-827	145	13	with	with	ADP
hassl-827	145	14	the	the	DET
hassl-827	145	15	interest	interest	NOUN
hassl-827	145	16	rate	rate	NOUN
hassl-827	145	17	.	.	PUNCT
hassl-827	146	1	we	we	PRON
hassl-827	146	2	can	can	AUX
hassl-827	146	3	say	say	VERB
hassl-827	146	4	that	that	SCONJ
hassl-827	146	5	duration	duration	NOUN
hassl-827	146	6	is	be	AUX
hassl-827	146	7	the	the	DET
hassl-827	146	8	degree	degree	NOUN
hassl-827	146	9	of	of	ADP
hassl-827	146	10	relationship	relationship	NOUN
hassl-827	146	11	between	between	ADP
hassl-827	146	12	the	the	DET
hassl-827	146	13	interest	interest	NOUN
hassl-827	146	14	rate	rate	NOUN
hassl-827	146	15	price	price	NOUN
hassl-827	146	16	and	and	CCONJ
hassl-827	146	17	also	also	ADV
hassl-827	146	18	the	the	DET
hassl-827	146	19	price	price	NOUN
hassl-827	146	20	of	of	ADP
hassl-827	146	21	an	an	DET
hassl-827	146	22	asset	asset	NOUN
hassl-827	146	23	.	.	PUNCT
hassl-827	147	1	when	when	SCONJ
hassl-827	147	2	we	we	PRON
hassl-827	147	3	talk	talk	VERB
hassl-827	147	4	about	about	ADP
hassl-827	147	5	bonds	bond	NOUN
hassl-827	147	6	,	,	PUNCT
hassl-827	147	7	by	by	ADP
hassl-827	147	8	using	use	VERB
hassl-827	147	9	the	the	DET
hassl-827	147	10	bond	bond	NOUN
hassl-827	147	11	valuation	valuation	NOUN
hassl-827	147	12	formula	formula	NOUN
hassl-827	147	13	we	we	PRON
hassl-827	147	14	can	can	AUX
hassl-827	147	15	say	say	VERB
hassl-827	147	16	that	that	SCONJ
hassl-827	147	17	the	the	DET
hassl-827	147	18	bond	bond	NOUN
hassl-827	147	19	price	price	NOUN
hassl-827	147	20	and	and	CCONJ
hassl-827	147	21	yield	yield	NOUN
hassl-827	147	22	to	to	ADP
hassl-827	147	23	maturity	maturity	NOUN
hassl-827	147	24	are	be	AUX
hassl-827	147	25	inversely	inversely	ADV
hassl-827	147	26	related	relate	VERB
hassl-827	147	27	to	to	ADP
hassl-827	147	28	each	each	DET
hassl-827	147	29	other	other	ADJ
hassl-827	147	30	.	.	PUNCT
hassl-827	148	1	but	but	CCONJ
hassl-827	148	2	when	when	SCONJ
hassl-827	148	3	it	it	PRON
hassl-827	148	4	comes	come	VERB
hassl-827	148	5	to	to	ADP
hassl-827	148	6	equities	equity	NOUN
hassl-827	148	7	it	it	PRON
hassl-827	148	8	is	be	AUX
hassl-827	148	9	different	different	ADJ
hassl-827	148	10	than	than	ADP
hassl-827	148	11	bonds	bond	NOUN
hassl-827	148	12	because	because	SCONJ
hassl-827	148	13	there	there	PRON
hassl-827	148	14	are	be	VERB
hassl-827	148	15	many	many	ADJ
hassl-827	148	16	other	other	ADJ
hassl-827	148	17	factors	factor	NOUN
hassl-827	148	18	other	other	ADJ
hassl-827	148	19	than	than	ADP
hassl-827	148	20	the	the	DET
hassl-827	148	21	interest	interest	NOUN
hassl-827	148	22	rate	rate	NOUN
hassl-827	148	23	that	that	PRON
hassl-827	148	24	impact	impact	VERB
hassl-827	148	25	the	the	DET
hassl-827	148	26	equity	equity	NOUN
hassl-827	148	27	price	price	NOUN
hassl-827	148	28	.	.	PUNCT
hassl-827	149	1	the	the	DET
hassl-827	149	2	net	net	ADJ
hassl-827	149	3	present	present	ADJ
hassl-827	149	4	value	value	NOUN
hassl-827	149	5	of	of	ADP
hassl-827	149	6	a	a	DET
hassl-827	149	7	stock	stock	NOUN
hassl-827	149	8	is	be	AUX
hassl-827	149	9	one	one	NUM
hassl-827	149	10	of	of	ADP
hassl-827	149	11	the	the	DET
hassl-827	149	12	functions	function	NOUN
hassl-827	149	13	of	of	ADP
hassl-827	149	14	discount	discount	NOUN
hassl-827	149	15	factor	factor	NOUN
hassl-827	149	16	and	and	CCONJ
hassl-827	149	17	its	its	PRON
hassl-827	149	18	cash	cash	NOUN
hassl-827	149	19	flows	flow	NOUN
hassl-827	149	20	.	.	PUNCT
hassl-827	150	1	in	in	ADP
hassl-827	150	2	other	other	ADJ
hassl-827	150	3	words	word	NOUN
hassl-827	150	4	,	,	PUNCT
hassl-827	150	5	it	it	PRON
hassl-827	150	6	is	be	AUX
hassl-827	150	7	used	use	VERB
hassl-827	150	8	to	to	PART
hassl-827	150	9	value	value	VERB
hassl-827	150	10	stock	stock	NOUN
hassl-827	150	11	based	base	VERB
hassl-827	150	12	on	on	ADP
hassl-827	150	13	the	the	DET
hassl-827	150	14	net	net	ADJ
hassl-827	150	15	present	present	ADJ
hassl-827	150	16	value	value	NOUN
hassl-827	150	17	of	of	ADP
hassl-827	150	18	the	the	DET
hassl-827	150	19	future	future	ADJ
hassl-827	150	20	dividends	dividend	NOUN
hassl-827	150	21	,	,	PUNCT
hassl-827	150	22	this	this	PRON
hassl-827	150	23	is	be	AUX
hassl-827	150	24	also	also	ADV
hassl-827	150	25	termed	term	VERB
hassl-827	150	26	as	as	ADP
hassl-827	150	27	dividend	dividend	NOUN
hassl-827	150	28	discount	discount	NOUN
hassl-827	150	29	model	model	NOUN
hassl-827	150	30	(	(	PUNCT
hassl-827	150	31	ddm	ddm	PROPN
hassl-827	150	32	)	)	PUNCT
hassl-827	150	33	(	(	PUNCT
hassl-827	150	34	farrell	farrell	PROPN
hassl-827	150	35	,	,	PUNCT
hassl-827	150	36	1985	1985	NUM
hassl-827	150	37	)	)	PUNCT
hassl-827	150	38	in	in	ADP
hassl-827	150	39	ddm	ddm	PROPN
hassl-827	150	40	the	the	DET
hassl-827	150	41	cash	cash	NOUN
hassl-827	150	42	flow	flow	NOUN
hassl-827	150	43	can	can	AUX
hassl-827	150	44	be	be	AUX
hassl-827	150	45	dependent	dependent	ADJ
hassl-827	150	46	on	on	ADP
hassl-827	150	47	the	the	DET
hassl-827	150	48	interest	interest	NOUN
hassl-827	150	49	rate	rate	NOUN
hassl-827	150	50	.	.	PUNCT
hassl-827	151	1	the	the	DET
hassl-827	151	2	traditional	traditional	ADJ
hassl-827	151	3	approach	approach	NOUN
hassl-827	151	4	to	to	PART
hassl-827	151	5	measure	measure	VERB
hassl-827	151	6	duration	duration	NOUN
hassl-827	151	7	is	be	AUX
hassl-827	151	8	based	base	VERB
hassl-827	151	9	on	on	ADP
hassl-827	151	10	the	the	DET
hassl-827	151	11	ddm	ddm	NOUN
hassl-827	151	12	which	which	PRON
hassl-827	151	13	is	be	AUX
hassl-827	151	14	presented	present	VERB
hassl-827	151	15	below	below	ADP
hassl-827	151	16	:	:	PUNCT
hassl-827	151	17	(	(	PUNCT
hassl-827	151	18	1	1	X
hassl-827	151	19	)	)	PUNCT
hassl-827	151	20	where	where	SCONJ
hassl-827	151	21	equation	equation	NOUN
hassl-827	151	22	1	1	NUM
hassl-827	151	23	explains	explain	VERB
hassl-827	151	24	,	,	PUNCT
hassl-827	151	25	g	g	PROPN
hassl-827	151	26	is	be	AUX
hassl-827	151	27	the	the	DET
hassl-827	151	28	dividend	dividend	NOUN
hassl-827	151	29	growth	growth	NOUN
hassl-827	151	30	rate	rate	NOUN
hassl-827	151	31	,	,	PUNCT
hassl-827	151	32	k	k	PROPN
hassl-827	151	33	is	be	AUX
hassl-827	151	34	the	the	DET
hassl-827	151	35	discount	discount	NOUN
hassl-827	151	36	rate	rate	NOUN
hassl-827	151	37	and	and	CCONJ
hassl-827	151	38	d	d	NOUN
hassl-827	151	39	is	be	AUX
hassl-827	151	40	the	the	DET
hassl-827	151	41	dividend	dividend	NOUN
hassl-827	151	42	growth	growth	NOUN
hassl-827	151	43	.	.	PUNCT
hassl-827	152	1	leibowitz	leibowitz	PROPN
hassl-827	152	2	(	(	PUNCT
hassl-827	152	3	1986	1986	NUM
hassl-827	152	4	)	)	PUNCT
hassl-827	152	5	projected	project	VERB
hassl-827	152	6	one	one	NUM
hassl-827	152	7	of	of	ADP
hassl-827	152	8	the	the	DET
hassl-827	152	9	ways	way	NOUN
hassl-827	152	10	to	to	PART
hassl-827	152	11	calculate	calculate	VERB
hassl-827	152	12	duration	duration	NOUN
hassl-827	152	13	which	which	PRON
hassl-827	152	14	was	be	AUX
hassl-827	152	15	based	base	VERB
hassl-827	152	16	on	on	ADP
hassl-827	152	17	the	the	DET
hassl-827	152	18	grouping	grouping	NOUN
hassl-827	152	19	of	of	ADP
hassl-827	152	20	the	the	DET
hassl-827	152	21	equations	equation	NOUN
hassl-827	152	22	below	below	ADP
hassl-827	152	23	relating	relate	VERB
hassl-827	152	24	to	to	ADP
hassl-827	152	25	equity	equity	NOUN
hassl-827	152	26	returns	return	NOUN
hassl-827	152	27	and	and	CCONJ
hassl-827	152	28	bond	bond	NOUN
hassl-827	152	29	returns	return	NOUN
hassl-827	152	30	:	:	PUNCT
hassl-827	152	31			NOUN
hassl-827	152	32	1e	1e	NOUN
hassl-827	153	1	1r	1r	NUM
hassl-827	153	2	(	(	PUNCT
hassl-827	153	3	)	)	PUNCT
hassl-827	153	4	2e	2e	PROPN
hassl-827	153	5	b	b	X
hassl-827	153	6	ff	ff	NOUN
hassl-827	153	7	a	a	DET
hassl-827	153	8	r	r	NOUN
hassl-827	153	9	r	r	NOUN
hassl-827	153	10	er	er	INTJ
hassl-827	153	11			ADJ
hassl-827	153	12			PROPN
hassl-827	153	13			PROPN
hassl-827	153	14			X
hassl-827	153	15	(	(	PUNCT
hassl-827	153	16	1	1	NUM
hassl-827	153	17	)	)	PUNCT
hassl-827	153	18	(	(	PUNCT
hassl-827	153	19	)	)	PUNCT
hassl-827	154	1	k	k	PROPN
hassl-827	154	2	d	d	X
hassl-827	154	3	k	k	PROPN
hassl-827	154	4	g	g	PROPN
hassl-827	154	5			PROPN
hassl-827	154	6			NUM
hassl-827	154	7			NOUN
hassl-827	154	8	humanities	humanity	NOUN
hassl-827	154	9	and	and	CCONJ
hassl-827	154	10	social	social	ADJ
hassl-827	154	11	sciences	science	NOUN
hassl-827	154	12	letters	letter	NOUN
hassl-827	154	13	,	,	PUNCT
hassl-827	154	14	2019	2019	NUM
hassl-827	154	15	,	,	PUNCT
hassl-827	154	16	7(3	7(3	NUM
hassl-827	154	17	):	):	PUNCT
hassl-827	154	18	167	167	NUM
hassl-827	154	19	-	-	SYM
hassl-827	154	20	180	180	NUM
hassl-827	154	21	172	172	NUM
hassl-827	154	22	©	©	PROPN
hassl-827	154	23	2019	2019	NUM
hassl-827	154	24	conscientia	conscientia	PROPN
hassl-827	154	25	beam	beam	PROPN
hassl-827	154	26	.	.	PUNCT
hassl-827	155	1	all	all	DET
hassl-827	155	2	rights	right	NOUN
hassl-827	155	3	reserved	reserve	VERB
hassl-827	155	4	.	.	PUNCT
hassl-827	156	1			NOUN
hassl-827	156	2	2	2	ADJ
hassl-827	156	3	2	2	NUM
hassl-827	156	4	3	3	NUM
hassl-827	156	5	)	)	PUNCT
hassl-827	156	6	 	 	SPACE
hassl-827	156	7	(	(	PUNCT
hassl-827	156	8	b	b	NOUN
hassl-827	156	9	f	f	X
hassl-827	156	10	b	b	NOUN
hassl-827	156	11	r	r	NOUN
hassl-827	156	12	r	r	NOUN
hassl-827	156	13	a	a	PRON
hassl-827	156	14	e	e	ADP
hassl-827	156	15			PROPN
hassl-827	156	16			PROPN
hassl-827	156	17			ADV
hassl-827	156	18			VERB
hassl-827	156	19	consider	consider	VERB
hassl-827	156	20	equation	equation	NOUN
hassl-827	156	21	2	2	NUM
hassl-827	156	22	and	and	CCONJ
hassl-827	156	23	3	3	NUM
hassl-827	156	24	where	where	SCONJ
hassl-827	156	25	:	:	PUNCT
hassl-827	156	26	re	re	PROPN
hassl-827	156	27	=	=	NOUN
hassl-827	156	28	equity	equity	NOUN
hassl-827	156	29	market	market	NOUN
hassl-827	156	30	return	return	NOUN
hassl-827	156	31	.	.	PUNCT
hassl-827	157	1	rb	rb	NOUN
hassl-827	157	2	=	=	PUNCT
hassl-827	157	3	bond	bond	NOUN
hassl-827	157	4	market	market	NOUN
hassl-827	157	5	returns	return	NOUN
hassl-827	157	6	.	.	PUNCT
hassl-827	158	1	rf	rf	NOUN
hassl-827	158	2	=	=	NOUN
hassl-827	158	3	risk	risk	NOUN
hassl-827	158	4	free	free	ADJ
hassl-827	158	5	rate	rate	NOUN
hassl-827	158	6	.	.	PUNCT
hassl-827	159	1			NUM
hassl-827	159	2	=	=	SYM
hassl-827	159	3	change	change	NOUN
hassl-827	159	4	in	in	ADP
hassl-827	159	5	benchmark	benchmark	ADJ
hassl-827	159	6	long	long	ADJ
hassl-827	159	7	term	term	NOUN
hassl-827	159	8	yield	yield	NOUN
hassl-827	159	9	.	.	PUNCT
hassl-827	160	1	βe	βe	PRON
hassl-827	161	1	=	=	NOUN
hassl-827	161	2	sensitivity	sensitivity	NOUN
hassl-827	161	3	of	of	ADP
hassl-827	161	4	equity	equity	NOUN
hassl-827	161	5	market	market	NOUN
hassl-827	161	6	returns	return	NOUN
hassl-827	161	7	to	to	ADP
hassl-827	161	8	bond	bond	NOUN
hassl-827	161	9	market	market	NOUN
hassl-827	161	10	returns	return	NOUN
hassl-827	161	11	.	.	PUNCT
hassl-827	162	1	βb	βb	DET
hassl-827	162	2	=	=	ADJ
hassl-827	162	3	sensitivity	sensitivity	NOUN
hassl-827	162	4	of	of	ADP
hassl-827	162	5	bond	bond	NOUN
hassl-827	162	6	market	market	NOUN
hassl-827	162	7	returns	return	NOUN
hassl-827	162	8	to	to	ADP
hassl-827	162	9	benchmark	benchmark	ADJ
hassl-827	162	10	long	long	ADJ
hassl-827	162	11	term	term	NOUN
hassl-827	162	12	yield	yield	NOUN
hassl-827	162	13	.	.	PUNCT
hassl-827	163	1	this	this	DET
hassl-827	163	2	approach	approach	NOUN
hassl-827	163	3	of	of	ADP
hassl-827	163	4	duration	duration	NOUN
hassl-827	163	5	uses	use	VERB
hassl-827	163	6	the	the	DET
hassl-827	163	7	price	price	NOUN
hassl-827	163	8	whereas	whereas	SCONJ
hassl-827	163	9	leibowitz	leibowitz	PROPN
hassl-827	163	10	(	(	PUNCT
hassl-827	163	11	1986	1986	NUM
hassl-827	163	12	)	)	PUNCT
hassl-827	163	13	uses	use	VERB
hassl-827	163	14	the	the	DET
hassl-827	163	15	return	return	NOUN
hassl-827	163	16	and	and	CCONJ
hassl-827	163	17	that	that	PRON
hassl-827	163	18	is	be	AUX
hassl-827	163	19	why	why	SCONJ
hassl-827	163	20	different	different	ADJ
hassl-827	163	21	duration	duration	NOUN
hassl-827	163	22	figures	figure	NOUN
hassl-827	163	23	are	be	AUX
hassl-827	163	24	produced	produce	VERB
hassl-827	163	25	by	by	ADP
hassl-827	163	26	them	they	PRON
hassl-827	163	27	.	.	PUNCT
hassl-827	164	1	the	the	DET
hassl-827	164	2	latter	latter	ADJ
hassl-827	164	3	shows	show	VERB
hassl-827	164	4	a	a	DET
hassl-827	164	5	lower	low	ADJ
hassl-827	164	6	duration	duration	NOUN
hassl-827	164	7	as	as	SCONJ
hassl-827	164	8	the	the	DET
hassl-827	164	9	price	price	NOUN
hassl-827	164	10	risk	risk	NOUN
hassl-827	164	11	is	be	AUX
hassl-827	164	12	offset	offset	VERB
hassl-827	164	13	by	by	ADP
hassl-827	164	14	reinvestment	reinvestment	NOUN
hassl-827	164	15	risk	risk	NOUN
hassl-827	164	16	as	as	SCONJ
hassl-827	164	17	showed	show	VERB
hassl-827	164	18	by	by	ADP
hassl-827	164	19	johnson	johnson	PROPN
hassl-827	164	20	(	(	PUNCT
hassl-827	164	21	1989	1989	NUM
hassl-827	164	22	)	)	PUNCT
hassl-827	164	23	.	.	PUNCT
hassl-827	165	1	the	the	DET
hassl-827	165	2	ddm	ddm	PROPN
hassl-827	165	3	(	(	PUNCT
hassl-827	165	4	dividend	dividend	NOUN
hassl-827	165	5	discount	discount	NOUN
hassl-827	165	6	model	model	NOUN
hassl-827	165	7	)	)	PUNCT
hassl-827	165	8	duration	duration	NOUN
hassl-827	165	9	produces	produce	VERB
hassl-827	165	10	a	a	DET
hassl-827	165	11	far	far	ADV
hassl-827	165	12	higher	high	ADJ
hassl-827	165	13	value	value	NOUN
hassl-827	165	14	than	than	ADP
hassl-827	165	15	leibowitz	leibowitz	PROPN
hassl-827	165	16	(	(	PUNCT
hassl-827	165	17	1986	1986	NUM
hassl-827	165	18	)	)	PUNCT
hassl-827	165	19	model	model	NOUN
hassl-827	165	20	(	(	PUNCT
hassl-827	165	21	leibowitz	leibowitz	PROPN
hassl-827	165	22	and	and	CCONJ
hassl-827	165	23	kogelman	kogelman	NOUN
hassl-827	165	24	,	,	PUNCT
hassl-827	165	25	1993	1993	NUM
hassl-827	165	26	)	)	PUNCT
hassl-827	165	27	known	know	VERB
hassl-827	165	28	as	as	ADP
hassl-827	165	29	the	the	DET
hassl-827	165	30	equity	equity	NOUN
hassl-827	165	31	duration	duration	NOUN
hassl-827	165	32	paradox	paradox	NOUN
hassl-827	165	33	.	.	PUNCT
hassl-827	166	1	hurley	hurley	PROPN
hassl-827	166	2	and	and	CCONJ
hassl-827	166	3	johnson	johnson	PROPN
hassl-827	166	4	(	(	PUNCT
hassl-827	166	5	1995	1995	NUM
hassl-827	166	6	)	)	PUNCT
hassl-827	166	7	worked	work	VERB
hassl-827	166	8	to	to	PART
hassl-827	166	9	settle	settle	VERB
hassl-827	166	10	the	the	DET
hassl-827	166	11	change	change	NOUN
hassl-827	166	12	between	between	ADP
hassl-827	166	13	the	the	DET
hassl-827	166	14	two	two	NUM
hassl-827	166	15	duration	duration	NOUN
hassl-827	166	16	measures	measure	NOUN
hassl-827	166	17	by	by	ADP
hassl-827	166	18	discovering	discover	VERB
hassl-827	166	19	the	the	DET
hassl-827	166	20	ddm	ddm	PROPN
hassl-827	166	21	model	model	NOUN
hassl-827	166	22	or	or	CCONJ
hassl-827	166	23	traditional	traditional	ADJ
hassl-827	166	24	approach	approach	NOUN
hassl-827	166	25	for	for	ADP
hassl-827	166	26	permitting	permit	VERB
hassl-827	166	27	a	a	DET
hassl-827	166	28	non	non	ADJ
hassl-827	166	29	-	-	ADJ
hassl-827	166	30	linear	linear	ADJ
hassl-827	166	31	track	track	NOUN
hassl-827	166	32	for	for	ADP
hassl-827	166	33	the	the	DET
hassl-827	166	34	dividends	dividend	NOUN
hassl-827	166	35	in	in	ADP
hassl-827	166	36	a	a	DET
hassl-827	166	37	markov	markov	NOUN
hassl-827	166	38	sense	sense	NOUN
hassl-827	166	39	,	,	PUNCT
hassl-827	166	40	by	by	ADP
hassl-827	166	41	putting	put	VERB
hassl-827	166	42	the	the	DET
hassl-827	166	43	convexity	convexity	NOUN
hassl-827	166	44	properties	property	NOUN
hassl-827	166	45	of	of	ADP
hassl-827	166	46	equity	equity	NOUN
hassl-827	166	47	duration	duration	NOUN
hassl-827	166	48	in	in	ADP
hassl-827	166	49	their	their	PRON
hassl-827	166	50	example	example	NOUN
hassl-827	166	51	.	.	PUNCT
hassl-827	167	1	the	the	DET
hassl-827	167	2	above	above	ADJ
hassl-827	167	3	models	model	NOUN
hassl-827	167	4	created	create	VERB
hassl-827	167	5	equity	equity	NOUN
hassl-827	167	6	interval	interval	NOUN
hassl-827	167	7	levels	level	NOUN
hassl-827	167	8	in	in	ADP
hassl-827	167	9	between	between	ADP
hassl-827	167	10	that	that	PRON
hassl-827	167	11	of	of	ADP
hassl-827	167	12	the	the	DET
hassl-827	167	13	leibowitz	leibowitz	PROPN
hassl-827	167	14	and	and	CCONJ
hassl-827	167	15	traditional	traditional	ADJ
hassl-827	167	16	model	model	NOUN
hassl-827	167	17	.	.	PUNCT
hassl-827	168	1	leibowitz	leibowitz	PROPN
hassl-827	168	2	and	and	CCONJ
hassl-827	168	3	kogelman	kogelman	PROPN
hassl-827	168	4	(	(	PUNCT
hassl-827	168	5	1993	1993	NUM
hassl-827	168	6	)	)	PUNCT
hassl-827	168	7	made	make	VERB
hassl-827	168	8	a	a	DET
hassl-827	168	9	similar	similar	ADJ
hassl-827	168	10	attempt	attempt	NOUN
hassl-827	168	11	but	but	CCONJ
hassl-827	168	12	their	their	PRON
hassl-827	168	13	outcomes	outcome	NOUN
hassl-827	168	14	again	again	ADV
hassl-827	168	15	differed	differ	VERB
hassl-827	168	16	significantly	significantly	ADV
hassl-827	168	17	from	from	ADP
hassl-827	168	18	the	the	DET
hassl-827	168	19	earlier	early	ADJ
hassl-827	168	20	models	model	NOUN
hassl-827	168	21	.	.	PUNCT
hassl-827	169	1	there	there	PRON
hassl-827	169	2	is	be	VERB
hassl-827	169	3	still	still	ADV
hassl-827	169	4	no	no	DET
hassl-827	169	5	officially	officially	ADV
hassl-827	169	6	determined	determine	VERB
hassl-827	169	7	method	method	NOUN
hassl-827	169	8	that	that	PRON
hassl-827	169	9	is	be	AUX
hassl-827	169	10	best	good	ADJ
hassl-827	169	11	for	for	ADP
hassl-827	169	12	calculating	calculate	VERB
hassl-827	169	13	duration	duration	NOUN
hassl-827	169	14	.	.	PUNCT
hassl-827	170	1	that	that	PRON
hassl-827	170	2	is	be	AUX
hassl-827	170	3	why	why	SCONJ
hassl-827	170	4	still	still	ADV
hassl-827	170	5	there	there	PRON
hassl-827	170	6	is	be	VERB
hassl-827	170	7	scope	scope	NOUN
hassl-827	170	8	for	for	ADP
hassl-827	170	9	literature	literature	NOUN
hassl-827	170	10	on	on	ADP
hassl-827	170	11	banks‟	banks‟	NOUN
hassl-827	170	12	sensitivity	sensitivity	NOUN
hassl-827	170	13	to	to	ADP
hassl-827	170	14	the	the	DET
hassl-827	170	15	duration	duration	NOUN
hassl-827	170	16	measurement	measurement	NOUN
hassl-827	170	17	and	and	CCONJ
hassl-827	170	18	to	to	ADP
hassl-827	170	19	interest	interest	NOUN
hassl-827	170	20	rates	rate	NOUN
hassl-827	170	21	.	.	PUNCT
hassl-827	171	1	this	this	DET
hassl-827	171	2	study	study	NOUN
hassl-827	171	3	offered	offer	VERB
hassl-827	171	4	a	a	DET
hassl-827	171	5	different	different	ADJ
hassl-827	171	6	approach	approach	NOUN
hassl-827	171	7	for	for	ADP
hassl-827	171	8	empirically	empirically	ADV
hassl-827	171	9	calculating	calculate	VERB
hassl-827	171	10	duration	duration	NOUN
hassl-827	171	11	in	in	ADP
hassl-827	171	12	the	the	DET
hassl-827	171	13	banking	banking	NOUN
hassl-827	171	14	business	business	NOUN
hassl-827	171	15	across	across	ADP
hassl-827	171	16	six	six	NUM
hassl-827	171	17	countries	country	NOUN
hassl-827	171	18	our	our	PRON
hassl-827	171	19	result	result	NOUN
hassl-827	171	20	provided	provide	VERB
hassl-827	171	21	proof	proof	NOUN
hassl-827	171	22	of	of	ADP
hassl-827	171	23	banks‟	banks‟	PROPN
hassl-827	171	24	sensitivity	sensitivity	NOUN
hassl-827	171	25	to	to	PART
hassl-827	171	26	share	share	VERB
hassl-827	171	27	prices	price	NOUN
hassl-827	171	28	in	in	ADP
hassl-827	171	29	the	the	DET
hassl-827	171	30	five	five	NUM
hassl-827	171	31	countries	country	NOUN
hassl-827	171	32	by	by	ADP
hassl-827	171	33	using	use	VERB
hassl-827	171	34	the	the	DET
hassl-827	171	35	panel	panel	NOUN
hassl-827	171	36	cointegration	cointegration	NOUN
hassl-827	171	37	method	method	NOUN
hassl-827	171	38	for	for	ADP
hassl-827	171	39	estimating	estimate	VERB
hassl-827	171	40	and	and	CCONJ
hassl-827	171	41	evaluating	evaluate	VERB
hassl-827	171	42	duration	duration	NOUN
hassl-827	171	43	.	.	PUNCT
hassl-827	172	1	this	this	DET
hassl-827	172	2	method	method	NOUN
hassl-827	172	3	has	have	VERB
hassl-827	172	4	the	the	DET
hassl-827	172	5	advantage	advantage	NOUN
hassl-827	172	6	of	of	ADP
hassl-827	172	7	using	use	VERB
hassl-827	172	8	more	more	ADJ
hassl-827	172	9	information	information	NOUN
hassl-827	172	10	from	from	ADP
hassl-827	172	11	both	both	DET
hassl-827	172	12	cross	cross	NOUN
hassl-827	172	13	section	section	NOUN
hassl-827	172	14	and	and	CCONJ
hassl-827	172	15	time	time	NOUN
hassl-827	172	16	series	series	PROPN
hassl-827	172	17	data	data	PROPN
hassl-827	172	18	.	.	PUNCT
hassl-827	173	1	this	this	DET
hassl-827	173	2	method	method	NOUN
hassl-827	173	3	allows	allow	VERB
hassl-827	173	4	for	for	ADP
hassl-827	173	5	individual	individual	ADJ
hassl-827	173	6	properties	property	NOUN
hassl-827	173	7	or	or	CCONJ
hassl-827	173	8	effects	effect	NOUN
hassl-827	173	9	and	and	CCONJ
hassl-827	173	10	makes	make	VERB
hassl-827	173	11	it	it	PRON
hassl-827	173	12	easier	easy	ADJ
hassl-827	173	13	to	to	PART
hassl-827	173	14	compare	compare	VERB
hassl-827	173	15	duration	duration	NOUN
hassl-827	173	16	between	between	ADP
hassl-827	173	17	different	different	ADJ
hassl-827	173	18	countries	country	NOUN
hassl-827	173	19	.	.	PUNCT
hassl-827	174	1	as	as	SCONJ
hassl-827	174	2	stated	state	VERB
hassl-827	174	3	previously	previously	ADV
hassl-827	174	4	,	,	PUNCT
hassl-827	174	5	hicks	hicks	PROPN
hassl-827	174	6	(	(	PUNCT
hassl-827	174	7	1939	1939	NUM
hassl-827	174	8	)	)	PUNCT
hassl-827	174	9	revealed	reveal	VERB
hassl-827	174	10	that	that	SCONJ
hassl-827	174	11	duration	duration	NOUN
hassl-827	174	12	is	be	AUX
hassl-827	174	13	the	the	DET
hassl-827	174	14	elasticity	elasticity	NOUN
hassl-827	174	15	measure	measure	NOUN
hassl-827	174	16	which	which	PRON
hassl-827	174	17	is	be	AUX
hassl-827	174	18	unit	unit	NOUN
hassl-827	174	19	free	free	ADJ
hassl-827	174	20	as	as	SCONJ
hassl-827	174	21	we	we	PRON
hassl-827	174	22	can	can	AUX
hassl-827	174	23	interpret	interpret	VERB
hassl-827	174	24	it	it	PRON
hassl-827	174	25	in	in	ADP
hassl-827	174	26	comparative	comparative	ADJ
hassl-827	174	27	terms	term	NOUN
hassl-827	174	28	.	.	PUNCT
hassl-827	175	1	elasticity	elasticity	NOUN
hassl-827	175	2	is	be	AUX
hassl-827	175	3	said	say	VERB
hassl-827	175	4	to	to	PART
hassl-827	175	5	be	be	AUX
hassl-827	175	6	equal	equal	ADJ
hassl-827	175	7	to	to	ADP
hassl-827	175	8	the	the	DET
hassl-827	175	9	projected	project	VERB
hassl-827	175	10	slope	slope	NOUN
hassl-827	175	11	parameter	parameter	NOUN
hassl-827	175	12	in	in	ADP
hassl-827	175	13	the	the	DET
hassl-827	175	14	regression	regression	NOUN
hassl-827	175	15	equation	equation	NOUN
hassl-827	175	16	if	if	SCONJ
hassl-827	175	17	the	the	DET
hassl-827	175	18	used	use	VERB
hassl-827	175	19	variables	variable	NOUN
hassl-827	175	20	are	be	AUX
hassl-827	175	21	in	in	ADP
hassl-827	175	22	logarithmic	logarithmic	ADJ
hassl-827	175	23	form	form	NOUN
hassl-827	175	24	which	which	PRON
hassl-827	175	25	is	be	AUX
hassl-827	175	26	proved	prove	VERB
hassl-827	175	27	as	as	SCONJ
hassl-827	175	28	follows	follow	VERB
hassl-827	175	29	.	.	PUNCT
hassl-827	176	1	assume	assume	VERB
hassl-827	176	2	that	that	SCONJ
hassl-827	176	3	the	the	DET
hassl-827	176	4	independent	independent	ADJ
hassl-827	176	5	variable	variable	NOUN
hassl-827	176	6	(	(	PUNCT
hassl-827	176	7	x	x	NOUN
hassl-827	176	8	)	)	PUNCT
hassl-827	176	9	and	and	CCONJ
hassl-827	176	10	dependent	dependent	ADJ
hassl-827	176	11	variable	variable	NOUN
hassl-827	176	12	(	(	PUNCT
hassl-827	176	13	y	y	NOUN
hassl-827	176	14	)	)	PUNCT
hassl-827	176	15	relationship	relationship	NOUN
hassl-827	176	16	was	be	AUX
hassl-827	176	17	explained	explain	VERB
hassl-827	176	18	by	by	ADP
hassl-827	176	19	the	the	DET
hassl-827	176	20	given	give	VERB
hassl-827	176	21	exponential	exponential	ADJ
hassl-827	176	22	function	function	NOUN
hassl-827	176	23	:	:	PUNCT
hassl-827	176	24	tub	tub	PART
hassl-827	176	25	t	t	PROPN
hassl-827	176	26	ty	ty	INTJ
hassl-827	176	27	ax	ax	NOUN
hassl-827	176	28	e	e	PROPN
hassl-827	176	29	(	(	PUNCT
hassl-827	176	30	4	4	NUM
hassl-827	176	31	)	)	PUNCT
hassl-827	176	32	where	where	SCONJ
hassl-827	176	33	,	,	PUNCT
hassl-827	176	34	scale	scale	NOUN
hassl-827	176	35	parameter	parameter	NOUN
hassl-827	176	36	is	be	AUX
hassl-827	176	37	represented	represent	VERB
hassl-827	176	38	by	by	ADP
hassl-827	176	39	„	„	PUNCT
hassl-827	176	40	a‟.	a‟.	NOUN
hassl-827	176	41	exponent	exponent	NOUN
hassl-827	176	42	is	be	AUX
hassl-827	176	43	donated	donate	VERB
hassl-827	176	44	by	by	ADP
hassl-827	176	45	„	„	PUNCT
hassl-827	176	46	b‟.	b‟.	X
hassl-827	176	47	natural	natural	ADJ
hassl-827	176	48	base	base	NOUN
hassl-827	176	49	is	be	AUX
hassl-827	176	50	represented	represent	VERB
hassl-827	176	51	by	by	ADP
hassl-827	176	52	„	„	PUNCT
hassl-827	176	53	e‟.	e‟.	PROPN
hassl-827	176	54	ut	ut	PROPN
hassl-827	176	55	=	=	SYM
hassl-827	176	56	white	white	ADJ
hassl-827	176	57	noise	noise	NOUN
hassl-827	176	58	error	error	NOUN
hassl-827	176	59	term	term	NOUN
hassl-827	176	60	.	.	PUNCT
hassl-827	177	1	the	the	DET
hassl-827	177	2	elasticity	elasticity	NOUN
hassl-827	177	3	of	of	ADP
hassl-827	177	4	y	y	PROPN
hassl-827	177	5	to	to	ADP
hassl-827	177	6	x	x	PUNCT
hassl-827	177	7	and	and	CCONJ
hassl-827	177	8	its	its	PRON
hassl-827	177	9	mathematical	mathematical	ADJ
hassl-827	177	10	formula	formula	NOUN
hassl-827	177	11	is	be	AUX
hassl-827	177	12	then	then	ADV
hassl-827	177	13	donated	donate	VERB
hassl-827	177	14	by	by	ADP
hassl-827	177	15	εyx	εyx	NOUN
hassl-827	177	16	as	as	SCONJ
hassl-827	177	17	follows	follow	VERB
hassl-827	177	18	in	in	ADP
hassl-827	177	19	equation	equation	NOUN
hassl-827	177	20	5	5	NUM
hassl-827	177	21	:	:	PUNCT
hassl-827	177	22	t	t	PROPN
hassl-827	177	23	t	t	PROPN
hassl-827	177	24	yx	yx	PROPN
hassl-827	177	25	t	t	PROPN
hassl-827	177	26	t	t	PROPN
hassl-827	177	27	x	x	X
hassl-827	177	28	y	y	PROPN
hassl-827	177	29	y	y	PROPN
hassl-827	177	30	x	x	PUNCT
hassl-827	178	1			PROPN
hassl-827	178	2			NUM
hassl-827	178	3			NOUN
hassl-827	178	4	(	(	PUNCT
hassl-827	178	5	5	5	X
hassl-827	178	6	)	)	PUNCT
hassl-827	178	7	giving	give	VERB
hassl-827	178	8	us	we	PRON
hassl-827	178	9	the	the	DET
hassl-827	178	10	following	follow	VERB
hassl-827	178	11	result	result	NOUN
hassl-827	178	12	:	:	PUNCT
hassl-827	178	13	1	1	NUM
hassl-827	178	14	1	1	NUM
hassl-827	178	15	t	t	NOUN
hassl-827	178	16	t	t	NOUN
hassl-827	178	17	t	t	X
hassl-827	178	18	u	u	PROPN
hassl-827	178	19	ub	ub	PROPN
hassl-827	178	20	bt	bt	PROPN
hassl-827	178	21	t	t	PROPN
hassl-827	178	22	t	t	PROPN
hassl-827	178	23	t	t	PROPN
hassl-827	178	24	yx	yx	PROPN
hassl-827	178	25	t	t	PROPN
hassl-827	178	26	t	t	PROPN
hassl-827	178	27	ub	ub	INTJ
hassl-827	178	28	t	t	PROPN
hassl-827	178	29	t	t	PROPN
hassl-827	178	30	t	t	PROPN
hassl-827	178	31	t	t	PROPN
hassl-827	178	32	y	y	PROPN
hassl-827	178	33	x	x	PUNCT
hassl-827	178	34	x	x	PUNCT
hassl-827	178	35	x	x	PUNCT
hassl-827	178	36	bax	bax	PROPN
hassl-827	178	37	e	e	PROPN
hassl-827	178	38	bax	bax	PROPN
hassl-827	178	39	e	e	PROPN
hassl-827	178	40	b	b	PROPN
hassl-827	178	41	x	x	SYM
hassl-827	178	42	y	y	NOUN
hassl-827	178	43	y	y	PROPN
hassl-827	178	44	ax	ax	NOUN
hassl-827	178	45	e	e	PROPN
hassl-827	178	46			PROPN
hassl-827	178	47			NUM
hassl-827	178	48			PROPN
hassl-827	178	49			NOUN
hassl-827	178	50			NUM
hassl-827	178	51			ADJ
hassl-827	178	52			PRON
hassl-827	179	1			NOUN
hassl-827	179	2	(	(	PUNCT
hassl-827	179	3	6	6	NUM
hassl-827	179	4	)	)	PUNCT
hassl-827	179	5	humanities	humanity	NOUN
hassl-827	179	6	and	and	CCONJ
hassl-827	179	7	social	social	ADJ
hassl-827	179	8	sciences	science	NOUN
hassl-827	179	9	letters	letter	NOUN
hassl-827	179	10	,	,	PUNCT
hassl-827	179	11	2019	2019	NUM
hassl-827	179	12	,	,	PUNCT
hassl-827	179	13	7(3	7(3	NUM
hassl-827	179	14	):	):	PUNCT
hassl-827	179	15	167	167	NUM
hassl-827	179	16	-	-	SYM
hassl-827	179	17	180	180	NUM
hassl-827	179	18	173	173	NUM
hassl-827	179	19	©	©	PROPN
hassl-827	179	20	2019	2019	NUM
hassl-827	179	21	conscientia	conscientia	PROPN
hassl-827	179	22	beam	beam	PROPN
hassl-827	179	23	.	.	PUNCT
hassl-827	180	1	all	all	DET
hassl-827	180	2	rights	right	NOUN
hassl-827	180	3	reserved	reserve	VERB
hassl-827	180	4	.	.	PUNCT
hassl-827	181	1	here	here	ADV
hassl-827	181	2	in	in	ADP
hassl-827	181	3	equation	equation	NOUN
hassl-827	181	4	6	6	NUM
hassl-827	181	5	,	,	PUNCT
hassl-827	181	6	capital	capital	NOUN
hassl-827	181	7	asset	asset	NOUN
hassl-827	181	8	value	value	NOUN
hassl-827	181	9	is	be	AUX
hassl-827	181	10	the	the	DET
hassl-827	181	11	dependent	dependent	ADJ
hassl-827	181	12	variable	variable	NOUN
hassl-827	181	13	whereas	whereas	SCONJ
hassl-827	181	14	the	the	DET
hassl-827	181	15	interest	interest	NOUN
hassl-827	181	16	rate	rate	NOUN
hassl-827	181	17	is	be	AUX
hassl-827	181	18	the	the	DET
hassl-827	181	19	independent	independent	ADJ
hassl-827	181	20	variable	variable	NOUN
hassl-827	181	21	and	and	CCONJ
hassl-827	181	22	b	b	NOUN
hassl-827	181	23	is	be	AUX
hassl-827	181	24	equal	equal	ADJ
hassl-827	181	25	to	to	ADP
hassl-827	181	26	elasticity	elasticity	NOUN
hassl-827	181	27	.	.	PUNCT
hassl-827	182	1	when	when	SCONJ
hassl-827	182	2	estimating	estimate	VERB
hassl-827	182	3	elasticity	elasticity	NOUN
hassl-827	182	4	,	,	PUNCT
hassl-827	182	5	we	we	PRON
hassl-827	182	6	can	can	AUX
hassl-827	182	7	estimate	estimate	VERB
hassl-827	182	8	our	our	PRON
hassl-827	182	9	equation	equation	NOUN
hassl-827	182	10	4	4	NUM
hassl-827	182	11	as	as	SCONJ
hassl-827	182	12	shown	show	VERB
hassl-827	182	13	in	in	ADP
hassl-827	182	14	equation	equation	NOUN
hassl-827	182	15	7	7	NUM
hassl-827	182	16	:	:	PUNCT
hassl-827	182	17	)	)	PUNCT
hassl-827	182	18	na	na	ADP
hassl-827	182	19	b	b	X
hassl-827	182	20	nx	nx	X
hassl-827	182	21	(	(	PUNCT
hassl-827	182	22	tub	tub	PROPN
hassl-827	182	23	t	t	PROPN
hassl-827	182	24	t	t	X
hassl-827	182	25	tt	tt	PROPN
hassl-827	182	26	nl	nl	PROPN
hassl-827	182	27	ax	ax	NOUN
hassl-827	182	28	e	e	PROPN
hassl-827	182	29	l	l	PROPN
hassl-827	182	30	llny	llny	PROPN
hassl-827	182	31	u	u	X
hassl-827	182	32			PROPN
hassl-827	182	33			ADV
hassl-827	182	34			X
hassl-827	182	35	(	(	PUNCT
hassl-827	182	36	7	7	X
hassl-827	182	37	)	)	PUNCT
hassl-827	182	38	ols	ol	NOUN
hassl-827	182	39	can	can	AUX
hassl-827	182	40	be	be	AUX
hassl-827	182	41	used	use	VERB
hassl-827	182	42	to	to	PART
hassl-827	182	43	estimate	estimate	VERB
hassl-827	182	44	equation	equation	NOUN
hassl-827	182	45	7	7	NUM
hassl-827	182	46	providing	provide	VERB
hassl-827	182	47	the	the	DET
hassl-827	182	48	direct	direct	ADJ
hassl-827	182	49	measure	measure	NOUN
hassl-827	182	50	or	or	CCONJ
hassl-827	182	51	degree	degree	NOUN
hassl-827	182	52	for	for	ADP
hassl-827	182	53	elasticity	elasticity	NOUN
hassl-827	182	54	duration	duration	NOUN
hassl-827	182	55	in	in	ADP
hassl-827	182	56	positions	position	NOUN
hassl-827	182	57	of	of	ADP
hassl-827	182	58	projected	project	VERB
hassl-827	182	59	value	value	NOUN
hassl-827	182	60	for	for	ADP
hassl-827	182	61	(	(	PUNCT
hassl-827	182	62	b	b	NOUN
hassl-827	182	63	)	)	PUNCT
hassl-827	182	64	,	,	PUNCT
hassl-827	182	65	while	while	SCONJ
hassl-827	182	66	we	we	PRON
hassl-827	182	67	used	use	VERB
hassl-827	182	68	panel	panel	NOUN
hassl-827	182	69	data	datum	NOUN
hassl-827	182	70	analysis	analysis	NOUN
hassl-827	182	71	in	in	ADP
hassl-827	182	72	our	our	PRON
hassl-827	182	73	study	study	NOUN
hassl-827	182	74	.	.	PUNCT
hassl-827	183	1	for	for	ADP
hassl-827	183	2	panel	panel	NOUN
hassl-827	183	3	data	datum	NOUN
hassl-827	183	4	we	we	PRON
hassl-827	183	5	have	have	AUX
hassl-827	183	6	used	use	VERB
hassl-827	183	7	the	the	DET
hassl-827	183	8	corresponding	corresponding	ADJ
hassl-827	183	9	regression	regression	NOUN
hassl-827	183	10	model	model	NOUN
hassl-827	183	11	as	as	SCONJ
hassl-827	183	12	described	describe	VERB
hassl-827	183	13	in	in	ADP
hassl-827	183	14	equation	equation	NOUN
hassl-827	183	15	8	8	NUM
hassl-827	183	16	:	:	PUNCT
hassl-827	183	17	it	it	PRON
hassl-827	184	1	i	i	PRON
hassl-827	184	2	i	i	PRON
hassl-827	185	1	it	it	PRON
hassl-827	185	2	itlny	itlny	VERB
hassl-827	185	3	a	a	DET
hassl-827	185	4	blnx	blnx	PROPN
hassl-827	185	5			PROPN
hassl-827	185	6			PUNCT
hassl-827	185	7			X
hassl-827	185	8	(	(	PUNCT
hassl-827	185	9	8)	8)	NUM
hassl-827	185	10	where	where	SCONJ
hassl-827	185	11	,	,	PUNCT
hassl-827	185	12	t	t	PROPN
hassl-827	185	13	=	=	SYM
hassl-827	185	14	1,	1,	NUM
hassl-827	185	15	…	…	SYM
hassl-827	185	16	,t	,t	X
hassl-827	185	17	.	.	PUNCT
hassl-827	186	1	i	i	PRON
hassl-827	186	2	=	=	NOUN
hassl-827	186	3	1	1	NUM
hassl-827	186	4	…	…	NUM
hassl-827	186	5	.,n	.,n	NUM
hassl-827	186	6	.	.	PUNCT
hassl-827	187	1	t	t	PROPN
hassl-827	187	2	=	=	PUNCT
hassl-827	187	3	time	time	NOUN
hassl-827	187	4	series	series	PROPN
hassl-827	187	5	dimension	dimension	NOUN
hassl-827	187	6	.	.	PUNCT
hassl-827	188	1	n	n	NOUN
hassl-827	188	2	=	=	SYM
hassl-827	188	3	no	no	PROPN
hassl-827	188	4	.	.	PUNCT
hassl-827	189	1	of	of	ADP
hassl-827	189	2	(	(	PUNCT
hassl-827	189	3	cross	cross	VERB
hassl-827	189	4	sectional	sectional	ADJ
hassl-827	189	5	units	unit	NOUN
hassl-827	189	6	)	)	PUNCT
hassl-827	189	7	.	.	PUNCT
hassl-827	190	1	weapplied	weapplie	VERB
hassl-827	190	2	the	the	DET
hassl-827	190	3	method	method	NOUN
hassl-827	190	4	of	of	ADP
hassl-827	190	5	(	(	PUNCT
hassl-827	190	6	gmm	gmm	NOUN
hassl-827	190	7	)	)	PUNCT
hassl-827	190	8	generalized	generalized	ADJ
hassl-827	190	9	method	method	NOUN
hassl-827	190	10	of	of	ADP
hassl-827	190	11	moments	moment	NOUN
hassl-827	190	12	for	for	ADP
hassl-827	190	13	estimating	estimate	VERB
hassl-827	190	14	equation	equation	NOUN
hassl-827	190	15	8	8	NUM
hassl-827	190	16	that	that	PRON
hassl-827	190	17	is	be	AUX
hassl-827	190	18	not	not	PART
hassl-827	190	19	sensitive	sensitive	ADJ
hassl-827	190	20	to	to	ADP
hassl-827	190	21	presence	presence	NOUN
hassl-827	190	22	of	of	ADP
hassl-827	190	23	heteroscedasticity	heteroscedasticity	NOUN
hassl-827	190	24	and	and	CCONJ
hassl-827	190	25	autocorrelation	autocorrelation	NOUN
hassl-827	190	26	and	and	CCONJ
hassl-827	190	27	these	these	DET
hassl-827	190	28	features	feature	NOUN
hassl-827	190	29	may	may	AUX
hassl-827	190	30	be	be	AUX
hassl-827	190	31	prevailing	prevail	VERB
hassl-827	190	32	in	in	ADP
hassl-827	190	33	panel	panel	NOUN
hassl-827	190	34	data	datum	NOUN
hassl-827	190	35	set	set	VERB
hassl-827	190	36	.	.	PUNCT
hassl-827	191	1	before	before	ADP
hassl-827	191	2	estimation	estimation	NOUN
hassl-827	191	3	of	of	ADP
hassl-827	191	4	equation	equation	NOUN
hassl-827	191	5	8	8	NUM
hassl-827	191	6	it	it	PRON
hassl-827	191	7	was	be	AUX
hassl-827	191	8	important	important	ADJ
hassl-827	191	9	that	that	SCONJ
hassl-827	191	10	we	we	PRON
hassl-827	191	11	checked	check	VERB
hassl-827	191	12	the	the	DET
hassl-827	191	13	properties	property	NOUN
hassl-827	191	14	of	of	ADP
hassl-827	191	15	the	the	DET
hassl-827	191	16	time	time	NOUN
hassl-827	191	17	series	series	NOUN
hassl-827	191	18	of	of	ADP
hassl-827	191	19	the	the	DET
hassl-827	191	20	fundamental	fundamental	ADJ
hassl-827	191	21	panel	panel	NOUN
hassl-827	191	22	data	datum	NOUN
hassl-827	191	23	to	to	PART
hassl-827	191	24	avoid	avoid	VERB
hassl-827	191	25	misleading	misleading	ADJ
hassl-827	191	26	results	result	NOUN
hassl-827	191	27	.	.	PUNCT
hassl-827	192	1	the	the	DET
hassl-827	192	2	data	data	NOUN
hassl-827	192	3	generating	generating	NOUN
hassl-827	192	4	method	method	NOUN
hassl-827	192	5	is	be	AUX
hassl-827	192	6	described	describe	VERB
hassl-827	192	7	by	by	ADP
hassl-827	192	8	unit	unit	NOUN
hassl-827	192	9	roots	root	NOUN
hassl-827	192	10	for	for	ADP
hassl-827	192	11	numerous	numerous	ADJ
hassl-827	192	12	economic	economic	ADJ
hassl-827	192	13	variables	variable	NOUN
hassl-827	192	14	.	.	PUNCT
hassl-827	193	1	for	for	ADP
hassl-827	193	2	unit	unit	NOUN
hassl-827	193	3	roots	root	NOUN
hassl-827	193	4	the	the	DET
hassl-827	193	5	dickey	dickey	PROPN
hassl-827	193	6	-	-	PUNCT
hassl-827	193	7	fuller	full	ADJ
hassl-827	193	8	test	test	NOUN
hassl-827	193	9	statistics	statistic	NOUN
hassl-827	193	10	is	be	AUX
hassl-827	193	11	a	a	DET
hassl-827	193	12	known	know	VERB
hassl-827	193	13	test	test	NOUN
hassl-827	193	14	statistic	statistic	NOUN
hassl-827	193	15	and	and	CCONJ
hassl-827	193	16	it	it	PRON
hassl-827	193	17	is	be	AUX
hassl-827	193	18	based	base	VERB
hassl-827	193	19	on	on	ADP
hassl-827	193	20	equation	equation	NOUN
hassl-827	193	21	9	9	NUM
hassl-827	193	22	:	:	SYM
hassl-827	193	23	1	1	NUM
hassl-827	193	24	t	t	NOUN
hassl-827	193	25	t	t	X
hassl-827	193	26	tx	tx	NOUN
hassl-827	193	27	x	x	SYM
hassl-827	193	28	e	e	PROPN
hassl-827	193	29			PROPN
hassl-827	193	30			PROPN
hassl-827	193	31			PUNCT
hassl-827	193	32	(	(	PUNCT
hassl-827	193	33	9	9	NUM
hassl-827	193	34	)	)	PUNCT
hassl-827	193	35	for	for	ADP
hassl-827	193	36	one	one	NUM
hassl-827	193	37	-	-	PUNCT
hassl-827	193	38	unit	unit	NOUN
hassl-827	193	39	root	root	NOUN
hassl-827	193	40	the	the	DET
hassl-827	193	41	null	null	ADJ
hassl-827	193	42	hypothesis	hypothesis	NOUN
hassl-827	193	43	is	be	AUX
hassl-827	193	44	γ	γ	X
hassl-827	193	45	=	=	SYM
hassl-827	193	46	0	0	NUM
hassl-827	193	47	.	.	PUNCT
hassl-827	194	1	when	when	SCONJ
hassl-827	194	2	it	it	PRON
hassl-827	194	3	comes	come	VERB
hassl-827	194	4	to	to	ADP
hassl-827	194	5	small	small	ADJ
hassl-827	194	6	sample	sample	NOUN
hassl-827	194	7	sizes	size	NOUN
hassl-827	194	8	,	,	PUNCT
hassl-827	194	9	dickey	dickey	NOUN
hassl-827	194	10	-	-	PUNCT
hassl-827	194	11	fuller	full	ADJ
hassl-827	194	12	test	test	NOUN
hassl-827	194	13	statistics	statistic	NOUN
hassl-827	194	14	has	have	VERB
hassl-827	194	15	a	a	DET
hassl-827	194	16	very	very	ADV
hassl-827	194	17	low	low	ADJ
hassl-827	194	18	command	command	NOUN
hassl-827	194	19	.	.	PUNCT
hassl-827	195	1	if	if	SCONJ
hassl-827	195	2	you	you	PRON
hassl-827	195	3	want	want	VERB
hassl-827	195	4	to	to	PART
hassl-827	195	5	improve	improve	VERB
hassl-827	195	6	the	the	DET
hassl-827	195	7	command	command	NOUN
hassl-827	195	8	properties	property	NOUN
hassl-827	195	9	of	of	ADP
hassl-827	195	10	lin	lin	PROPN
hassl-827	195	11	and	and	CCONJ
hassl-827	195	12	levin	levin	PROPN
hassl-827	195	13	(	(	PUNCT
hassl-827	195	14	1993	1993	NUM
hassl-827	195	15	)	)	PUNCT
hassl-827	195	16	dickey	dickey	PROPN
hassl-827	195	17	fuller	full	ADJ
hassl-827	195	18	test	test	NOUN
hassl-827	196	1	the	the	PRON
hassl-827	197	1	i	i	NOUN
hassl-827	197	2	m	m	VERB
hassl-827	197	3	et	et	NOUN
hassl-827	197	4	al	al	PROPN
hassl-827	197	5	.	.	PUNCT
hassl-827	198	1	(	(	PUNCT
hassl-827	198	2	2003	2003	NUM
hassl-827	198	3	)	)	PUNCT
hassl-827	198	4	ips	ips	PROPN
hassl-827	198	5	hereafter	hereafter	ADV
hassl-827	198	6	presented	present	VERB
hassl-827	198	7	panel	panel	NOUN
hassl-827	198	8	versions	version	NOUN
hassl-827	198	9	of	of	ADP
hassl-827	198	10	the	the	DET
hassl-827	198	11	test	test	NOUN
hassl-827	198	12	.	.	PUNCT
hassl-827	199	1	the	the	DET
hassl-827	199	2	panel	panel	NOUN
hassl-827	199	3	unit	unit	NOUN
hassl-827	199	4	root	root	NOUN
hassl-827	199	5	test	test	NOUN
hassl-827	199	6	is	be	AUX
hassl-827	199	7	built	build	VERB
hassl-827	199	8	on	on	ADP
hassl-827	199	9	the	the	DET
hassl-827	199	10	below	below	ADV
hassl-827	199	11	mentioned	mention	VERB
hassl-827	199	12	system	system	NOUN
hassl-827	199	13	:	:	PUNCT
hassl-827	199	14	1	1	NUM
hassl-827	199	15	1	1	NUM
hassl-827	199	16	1	1	NUM
hassl-827	199	17	1	1	NUM
hassl-827	199	18	1	1	NUM
hassl-827	199	19	2	2	NUM
hassl-827	199	20	2	2	NUM
hassl-827	199	21	2	2	NUM
hassl-827	199	22	1	1	NUM
hassl-827	199	23	2	2	NUM
hassl-827	199	24	1	1	NUM
hassl-827	199	25	t	t	NOUN
hassl-827	199	26	t	t	NOUN
hassl-827	199	27	t	t	PROPN
hassl-827	199	28	t	t	PROPN
hassl-827	199	29	t	t	PROPN
hassl-827	199	30	t	t	PROPN
hassl-827	199	31	nt	not	PART
hassl-827	199	32	n	n	ADV
hassl-827	199	33	nt	not	PART
hassl-827	199	34	nt	not	PART
hassl-827	199	35	x	x	X
hassl-827	199	36	x	x	X
hassl-827	199	37	e	e	X
hassl-827	199	38	x	x	PUNCT
hassl-827	199	39	x	x	X
hassl-827	199	40	e	e	X
hassl-827	199	41	x	x	SYM
hassl-827	199	42	x	x	SYM
hassl-827	199	43	e	e	X
hassl-827	199	44			NUM
hassl-827	199	45			NUM
hassl-827	199	46			NUM
hassl-827	200	1			PROPN
hassl-827	200	2			PROPN
hassl-827	200	3			PROPN
hassl-827	200	4			NOUN
hassl-827	200	5			PROPN
hassl-827	200	6			NOUN
hassl-827	200	7			PRON
hassl-827	200	8			NOUN
hassl-827	200	9			PROPN
hassl-827	200	10			PROPN
hassl-827	201	1			PROPN
hassl-827	202	1			PROPN
hassl-827	203	1			INTJ
hassl-827	204	1			PROPN
hassl-827	205	1			INTJ
hassl-827	206	1			PROPN
hassl-827	207	1			INTJ
hassl-827	208	1			PROPN
hassl-827	208	2			X
hassl-827	209	1			PROPN
hassl-827	210	1			PROPN
hassl-827	211	1			PROPN
hassl-827	212	1			PROPN
hassl-827	212	2			PROPN
hassl-827	212	3			PROPN
hassl-827	212	4			PROPN
hassl-827	213	1			PROPN
hassl-827	214	1			PROPN
hassl-827	215	1			INTJ
hassl-827	216	1			PROPN
hassl-827	217	1			INTJ
hassl-827	218	1			PROPN
hassl-827	219	1			INTJ
hassl-827	220	1			PROPN
hassl-827	220	2			PROPN
hassl-827	221	1			PROPN
hassl-827	221	2			VERB
hassl-827	221	3			NOUN
hassl-827	221	4			PROPN
hassl-827	222	1			PROPN
hassl-827	222	2			PROPN
hassl-827	222	3			PROPN
hassl-827	223	1			ADJ
hassl-827	223	2			PROPN
hassl-827	223	3			PROPN
hassl-827	223	4			NOUN
hassl-827	223	5	(	(	PUNCT
hassl-827	223	6	10	10	NUM
hassl-827	223	7	)	)	PUNCT
hassl-827	223	8	by	by	ADP
hassl-827	223	9	combining	combine	VERB
hassl-827	223	10	the	the	DET
hassl-827	223	11	cross	cross	ADJ
hassl-827	223	12	-	-	ADJ
hassl-827	223	13	section	section	ADJ
hassl-827	223	14	dimensions	dimension	NOUN
hassl-827	223	15	and	and	CCONJ
hassl-827	223	16	time	time	NOUN
hassl-827	223	17	series	series	NOUN
hassl-827	223	18	in	in	ADP
hassl-827	223	19	equation	equation	NOUN
hassl-827	223	20	10	10	NUM
hassl-827	223	21	there	there	PRON
hassl-827	223	22	is	be	VERB
hassl-827	223	23	more	more	ADJ
hassl-827	223	24	freedom	freedom	NOUN
hassl-827	223	25	in	in	ADP
hassl-827	223	26	the	the	DET
hassl-827	223	27	result	result	NOUN
hassl-827	223	28	.	.	PUNCT
hassl-827	224	1	every	every	DET
hassl-827	224	2	error	error	NOUN
hassl-827	224	3	term	term	NOUN
hassl-827	224	4	is	be	AUX
hassl-827	224	5	supposed	suppose	VERB
hassl-827	224	6	to	to	PART
hassl-827	224	7	be	be	AUX
hassl-827	224	8	a	a	DET
hassl-827	224	9	random	random	ADJ
hassl-827	224	10	process	process	NOUN
hassl-827	224	11	(	(	PUNCT
hassl-827	224	12	white	white	ADJ
hassl-827	224	13	noise	noise	NOUN
hassl-827	224	14	)	)	PUNCT
hassl-827	224	15	.	.	PUNCT
hassl-827	225	1	1	1	NUM
hassl-827	225	2	2	2	NUM
hassl-827	225	3	0n	0n	NUM
hassl-827	225	4			NUM
hassl-827	225	5			PROPN
hassl-827	225	6			PROPN
hassl-827	226	1			PRON
hassl-827	226	2			NOUN
hassl-827	226	3	is	be	AUX
hassl-827	226	4	the	the	DET
hassl-827	226	5	null	null	ADJ
hassl-827	226	6	hypothesis	hypothesis	NOUN
hassl-827	226	7	of	of	ADP
hassl-827	226	8	the	the	DET
hassl-827	226	9	„	„	PUNCT
hassl-827	226	10	one	one	NUM
hassl-827	226	11	panel	panel	NOUN
hassl-827	226	12	unit	unit	NOUN
hassl-827	226	13	root‟.	root‟.	VERB
hassl-827	226	14	the	the	DET
hassl-827	226	15	developed	develop	VERB
hassl-827	226	16	panel	panel	NOUN
hassl-827	226	17	unit	unit	NOUN
hassl-827	226	18	root	root	NOUN
hassl-827	226	19	test	test	NOUN
hassl-827	226	20	by	by	ADP
hassl-827	226	21	lin	lin	PROPN
hassl-827	226	22	and	and	CCONJ
hassl-827	226	23	levin	levin	PROPN
hassl-827	226	24	(	(	PUNCT
hassl-827	226	25	1993	1993	NUM
hassl-827	226	26	)	)	PUNCT
hassl-827	226	27	is	be	AUX
hassl-827	226	28	shown	show	VERB
hassl-827	226	29	and	and	CCONJ
hassl-827	226	30	built	build	VERB
hassl-827	226	31	on	on	ADP
hassl-827	226	32	the	the	DET
hassl-827	226	33	equation	equation	NOUN
hassl-827	226	34	11	11	NUM
hassl-827	226	35	:	:	SYM
hassl-827	226	36	1	1	NUM
hassl-827	226	37	,	,	PUNCT
hassl-827	226	38	for	for	ADP
hassl-827	226	39	i	i	PROPN
hassl-827	226	40	1	1	NUM
hassl-827	226	41	,	,	PUNCT
hassl-827	226	42	,	,	PUNCT
hassl-827	226	43	n	n	PROPN
hassl-827	226	44	and	and	CCONJ
hassl-827	226	45	t	t	PROPN
hassl-827	226	46	1	1	NUM
hassl-827	226	47	,	,	PUNCT
hassl-827	226	48	,	,	PUNCT
hassl-827	226	49	it	it	PRON
hassl-827	227	1	i	i	PRON
hassl-827	227	2	it	it	PRON
hassl-827	227	3	itx	itx	VERB
hassl-827	227	4	x	x	PUNCT
hassl-827	228	1	e	e	NOUN
hassl-827	228	2	t	t	PUNCT
hassl-827	228	3			PROPN
hassl-827	228	4			PRON
hassl-827	228	5			ADV
hassl-827	228	6			NOUN
hassl-827	228	7			NOUN
hassl-827	228	8	(	(	PUNCT
hassl-827	228	9	11	11	NUM
hassl-827	228	10	)	)	PUNCT
hassl-827	229	1	n	n	NOUN
hassl-827	229	2	=	=	SYM
hassl-827	229	3	no	no	NOUN
hassl-827	229	4	.	.	PUNCT
hassl-827	229	5	of	of	ADP
hassl-827	229	6	cross	cross	NOUN
hassl-827	229	7	sections	section	NOUN
hassl-827	229	8	.	.	PUNCT
hassl-827	230	1	t	t	NOUN
hassl-827	230	2	=	=	PUNCT
hassl-827	230	3	no	no	INTJ
hassl-827	230	4	.	.	NOUN
hassl-827	231	1	of	of	ADP
hassl-827	231	2	time	time	NOUN
hassl-827	231	3	series	series	PROPN
hassl-827	231	4	opinions	opinion	NOUN
hassl-827	231	5	.	.	PUNCT
hassl-827	232	1	when	when	SCONJ
hassl-827	232	2	we	we	PRON
hassl-827	232	3	talk	talk	VERB
hassl-827	232	4	about	about	ADP
hassl-827	232	5	the	the	DET
hassl-827	232	6	above	above	ADJ
hassl-827	232	7	two	two	NUM
hassl-827	232	8	dimensions	dimension	NOUN
hassl-827	232	9	and	and	CCONJ
hassl-827	232	10	their	their	PRON
hassl-827	232	11	combinations	combination	NOUN
hassl-827	232	12	,	,	PUNCT
hassl-827	232	13	it	it	PRON
hassl-827	232	14	results	result	VERB
hassl-827	232	15	in	in	ADP
hassl-827	232	16	n	n	PROPN
hassl-827	232	17	x	x	PROPN
hassl-827	232	18	t	t	PROPN
hassl-827	232	19	(	(	PUNCT
hassl-827	232	20	degrees	degree	NOUN
hassl-827	232	21	of	of	ADP
hassl-827	232	22	freedom	freedom	NOUN
hassl-827	232	23	)	)	PUNCT
hassl-827	232	24	.	.	PUNCT
hassl-827	233	1	according	accord	VERB
hassl-827	233	2	to	to	ADP
hassl-827	233	3	some	some	PRON
hassl-827	233	4	of	of	ADP
hassl-827	233	5	the	the	DET
hassl-827	233	6	authors	author	NOUN
hassl-827	233	7	the	the	DET
hassl-827	233	8	unit	unit	NOUN
hassl-827	233	9	root	root	PROPN
hassl-827	233	10	panel	panel	NOUN
hassl-827	233	11	estimator	estimator	NOUN
hassl-827	233	12	can	can	AUX
hassl-827	233	13	be	be	AUX
hassl-827	233	14	defined	define	VERB
hassl-827	233	15	as	as	SCONJ
hassl-827	233	16	follows	follow	VERB
hassl-827	233	17	in	in	ADP
hassl-827	233	18	equation	equation	NOUN
hassl-827	233	19	12	12	NUM
hassl-827	233	20	:	:	PUNCT
hassl-827	233	21	humanities	humanity	NOUN
hassl-827	233	22	and	and	CCONJ
hassl-827	233	23	social	social	ADJ
hassl-827	233	24	sciences	science	NOUN
hassl-827	233	25	letters	letter	NOUN
hassl-827	233	26	,	,	PUNCT
hassl-827	233	27	2019	2019	NUM
hassl-827	233	28	,	,	PUNCT
hassl-827	233	29	7(3	7(3	NUM
hassl-827	233	30	):	):	PUNCT
hassl-827	233	31	167	167	NUM
hassl-827	233	32	-	-	SYM
hassl-827	233	33	180	180	NUM
hassl-827	233	34	174	174	NUM
hassl-827	233	35	©	©	PROPN
hassl-827	233	36	2019	2019	NUM
hassl-827	233	37	conscientia	conscientia	PROPN
hassl-827	233	38	beam	beam	PROPN
hassl-827	233	39	.	.	PUNCT
hassl-827	234	1	all	all	DET
hassl-827	234	2	rights	right	NOUN
hassl-827	234	3	reserved	reserve	VERB
hassl-827	234	4	.	.	PUNCT
hassl-827	235	1			NOUN
hassl-827	235	2			PUNCT
hassl-827	235	3	1	1	NUM
hassl-827	235	4	1	1	NUM
hassl-827	235	5	1	1	NUM
hassl-827	235	6	2	2	NUM
hassl-827	235	7	1	1	NUM
hassl-827	235	8	1	1	NUM
hassl-827	235	9	12	12	NUM
hassl-827	235	10	1	1	NUM
hassl-827	235	11	1	1	NUM
hassl-827	235	12	1	1	NUM
hassl-827	235	13	1	1	NUM
hassl-827	235	14	1	1	NUM
hassl-827	235	15	n	n	NUM
hassl-827	235	16	t	t	NOUN
hassl-827	235	17	iti	iti	PROPN
hassl-827	235	18	t	t	PROPN
hassl-827	235	19	it	it	PRON
hassl-827	235	20	n	n	CCONJ
hassl-827	235	21	t	t	NOUN
hassl-827	236	1	i	i	PRON
hassl-827	236	2	t	t	VERB
hassl-827	236	3	it	it	PRON
hassl-827	236	4	x	x	PUNCT
hassl-827	236	5	e	e	NOUN
hassl-827	236	6	tnnt	tnnt	NOUN
hassl-827	236	7	x	x	SYM
hassl-827	236	8	n	n	ADP
hassl-827	236	9	t	t	PROPN
hassl-827	236	10			NUM
hassl-827	237	1			NUM
hassl-827	237	2			PROPN
hassl-827	237	3			PROPN
hassl-827	237	4			PROPN
hassl-827	237	5			PROPN
hassl-827	237	6			PROPN
hassl-827	237	7			X
hassl-827	237	8			X
hassl-827	237	9			VERB
hassl-827	237	10			PRON
hassl-827	237	11			X
hassl-827	237	12			X
hassl-827	237	13	(	(	PUNCT
hassl-827	237	14	12	12	NUM
hassl-827	237	15	)	)	PUNCT
hassl-827	237	16	by	by	ADP
hassl-827	237	17	applying	apply	VERB
hassl-827	237	18	the	the	DET
hassl-827	237	19	t	t	PROPN
hassl-827	237	20	statistics	statistic	NOUN
hassl-827	237	21	below	below	ADV
hassl-827	237	22	,	,	PUNCT
hassl-827	237	23	we	we	PRON
hassl-827	237	24	can	can	AUX
hassl-827	237	25	test	test	VERB
hassl-827	237	26	the	the	DET
hassl-827	237	27	null	null	ADJ
hassl-827	237	28	hypothesis	hypothesis	NOUN
hassl-827	237	29	(	(	PUNCT
hassl-827	237	30	no	no	DET
hassl-827	237	31	panel	panel	NOUN
hassl-827	237	32	unit	unit	NOUN
hassl-827	237	33	-	-	PUNCT
hassl-827	237	34	root	root	NOUN
hassl-827	237	35	)	)	PUNCT
hassl-827	237	36	as	as	SCONJ
hassl-827	237	37	shown	show	VERB
hassl-827	237	38	in	in	ADP
hassl-827	237	39	equation	equation	NOUN
hassl-827	237	40	13	13	NUM
hassl-827	237	41	:	:	SYM
hassl-827	237	42	1	1	NUM
hassl-827	237	43	1	1	NUM
hassl-827	237	44	1	1	NUM
hassl-827	237	45	2	2	NUM
hassl-827	237	46	1	1	NUM
hassl-827	237	47	1	1	NUM
hassl-827	237	48	1	1	NUM
hassl-827	237	49	(	(	PUNCT
hassl-827	237	50	1	1	NUM
hassl-827	237	51	)	)	SYM
hassl-827	237	52	1	1	NUM
hassl-827	238	1	n	n	NUM
hassl-827	238	2	t	t	NOUN
hassl-827	239	1	i	i	PRON
hassl-827	239	2	t	t	VERB
hassl-827	239	3	it	it	PRON
hassl-827	239	4	n	n	ADV
hassl-827	239	5	t	t	NOUN
hassl-827	240	1	i	i	PRON
hassl-827	240	2	t	t	PROPN
hassl-827	240	3	t	t	X
hassl-827	240	4	x	x	SYM
hassl-827	240	5	t	t	PROPN
hassl-827	240	6	e	e	PROPN
hassl-827	240	7	nt	not	PART
hassl-827	240	8			NUM
hassl-827	240	9			NUM
hassl-827	241	1			NUM
hassl-827	241	2			PROPN
hassl-827	241	3			PROPN
hassl-827	241	4			PROPN
hassl-827	241	5			PROPN
hassl-827	241	6			PROPN
hassl-827	241	7			X
hassl-827	241	8			X
hassl-827	241	9			NUM
hassl-827	241	10			X
hassl-827	241	11			X
hassl-827	241	12	(	(	PUNCT
hassl-827	241	13	13	13	NUM
hassl-827	241	14	)	)	PUNCT
hassl-827	241	15	it	it	PRON
hassl-827	241	16	was	be	AUX
hassl-827	241	17	mentioned	mention	VERB
hassl-827	241	18	that	that	SCONJ
hassl-827	241	19	we	we	PRON
hassl-827	241	20	could	could	AUX
hassl-827	241	21	see	see	VERB
hassl-827	241	22	in	in	ADP
hassl-827	241	23	the	the	DET
hassl-827	241	24	simulation	simulation	NOUN
hassl-827	241	25	experiments	experiment	NOUN
hassl-827	241	26	(	(	PUNCT
hassl-827	241	27	monte	monte	PROPN
hassl-827	241	28	carlo	carlo	PROPN
hassl-827	241	29	)	)	PUNCT
hassl-827	241	30	by	by	ADP
hassl-827	241	31	levin	levin	PROPN
hassl-827	241	32	et	et	PROPN
hassl-827	241	33	al	al	PROPN
hassl-827	241	34	.	.	PROPN
hassl-827	242	1	(	(	PUNCT
hassl-827	242	2	2002	2002	NUM
hassl-827	242	3	)	)	PUNCT
hassl-827	242	4	that	that	SCONJ
hassl-827	242	5	comparatively	comparatively	ADV
hassl-827	242	6	the	the	DET
hassl-827	242	7	panel	panel	NOUN
hassl-827	242	8	unit	unit	NOUN
hassl-827	242	9	root	root	PROPN
hassl-827	242	10	test	test	NOUN
hassl-827	242	11	has	have	VERB
hassl-827	242	12	a	a	DET
hassl-827	242	13	more	more	ADV
hassl-827	242	14	superior	superior	ADJ
hassl-827	242	15	influence	influence	NOUN
hassl-827	242	16	than	than	ADP
hassl-827	242	17	the	the	DET
hassl-827	242	18	simple	simple	ADJ
hassl-827	242	19	unit	unit	NOUN
hassl-827	242	20	root	root	NOUN
hassl-827	242	21	test	test	NOUN
hassl-827	242	22	.	.	PUNCT
hassl-827	243	1	by	by	ADP
hassl-827	243	2	allowing	allow	VERB
hassl-827	243	3	a	a	DET
hassl-827	243	4	different	different	ADJ
hassl-827	243	5	coefficient	coefficient	NOUN
hassl-827	243	6	of	of	ADP
hassl-827	243	7	unit	unit	NOUN
hassl-827	243	8	root	root	NOUN
hassl-827	243	9	,	,	PUNCT
hassl-827	243	10	the	the	DET
hassl-827	243	11	flexibility	flexibility	NOUN
hassl-827	243	12	of	of	ADP
hassl-827	243	13	ips	ips	NOUN
hassl-827	243	14	test	test	NOUN
hassl-827	243	15	is	be	AUX
hassl-827	243	16	more	more	ADV
hassl-827	243	17	reliable	reliable	ADJ
hassl-827	243	18	than	than	ADP
hassl-827	243	19	the	the	DET
hassl-827	243	20	individual	individual	ADJ
hassl-827	243	21	dickey	dickey	PROPN
hassl-827	243	22	fuller	full	ADJ
hassl-827	243	23	test	test	NOUN
hassl-827	243	24	which	which	PRON
hassl-827	243	25	is	be	AUX
hassl-827	243	26	explained	explain	VERB
hassl-827	243	27	in	in	ADP
hassl-827	243	28	equation	equation	NOUN
hassl-827	243	29	14	14	NUM
hassl-827	243	30	:	:	SYM
hassl-827	243	31	1	1	NUM
hassl-827	243	32	1	1	NUM
hassl-827	243	33	n	n	NUM
hassl-827	243	34	iit	iit	PROPN
hassl-827	243	35	t	t	PROPN
hassl-827	243	36	n	n	ADV
hassl-827	243	37			NUM
hassl-827	243	38			X
hassl-827	243	39	(	(	PUNCT
hassl-827	243	40	14	14	NUM
hassl-827	243	41	)	)	PUNCT
hassl-827	243	42	ti	ti	NOUN
hassl-827	243	43	=	=	SYM
hassl-827	243	44	individual	individual	PROPN
hassl-827	243	45	t	t	PROPN
hassl-827	243	46	-	-	PUNCT
hassl-827	243	47	statistic	statistic	NOUN
hassl-827	243	48	used	use	VERB
hassl-827	243	49	to	to	PART
hassl-827	243	50	test	test	NOUN
hassl-827	243	51	h0	h0	PROPN
hassl-827	243	52	:	:	PUNCT
hassl-827	243	53			NUM
hassl-827	243	54	i	i	PRON
hassl-827	243	55	=	=	NOUN
hassl-827	243	56	0	0	NUM
hassl-827	243	57	∀	∀	NOUN
hassl-827	244	1	i	i	PRON
hassl-827	244	2	,	,	PUNCT
hassl-827	244	3	i	i	NOUN
hassl-827	244	4	=	=	NOUN
hassl-827	244	5	1	1	NUM
hassl-827	244	6	,	,	PUNCT
hassl-827	244	7	…	…	PUNCT
hassl-827	244	8	,	,	PUNCT
hassl-827	244	9	n	n	NOUN
hassl-827	244	10	and	and	CCONJ
hassl-827	244	11	for	for	ADP
hassl-827	244	12	ha	ha	INTJ
hassl-827	244	13	:	:	PUNCT
hassl-827	244	14			NUM
hassl-827	244	15	i	i	PRON
hassl-827	244	16	<	<	X
hassl-827	244	17	0	0	NUM
hassl-827	244	18	,	,	PUNCT
hassl-827	244	19	i	i	PRON
hassl-827	244	20	=	=	SYM
hassl-827	244	21	n1	n1	PROPN
hassl-827	244	22	+	+	NOUN
hassl-827	244	23	1	1	NUM
hassl-827	244	24	,	,	PUNCT
hassl-827	244	25	n1	n1	PROPN
hassl-827	244	26	+	+	NOUN
hassl-827	244	27	2	2	NUM
hassl-827	244	28	,	,	PUNCT
hassl-827	244	29	…	…	PUNCT
hassl-827	244	30	,	,	PUNCT
hassl-827	244	31	n.	n.	NOUN
hassl-827	244	32	such	such	ADJ
hassl-827	244	33	that	that	SCONJ
hassl-827	244	34	:	:	PUNCT
hassl-827	244	35	1lim	1lim	NUM
hassl-827	244	36	,	,	PUNCT
hassl-827	244	37	0	0	NUM
hassl-827	244	38	1	1	NUM
hassl-827	244	39	n	n	NUM
hassl-827	244	40	n	n	NOUN
hassl-827	244	41	c	c	NOUN
hassl-827	244	42	c	c	X
hassl-827	244	43	n	n	PROPN
hassl-827	244	44			PROPN
hassl-827	244	45			PROPN
hassl-827	244	46			PROPN
hassl-827	244	47			NOUN
hassl-827	244	48	the	the	DET
hassl-827	244	49	test	test	NOUN
hassl-827	244	50	allows	allow	VERB
hassl-827	244	51	for	for	ADP
hassl-827	244	52	heterogeneity	heterogeneity	NOUN
hassl-827	244	53	in	in	ADP
hassl-827	244	54	panel	panel	NOUN
hassl-827	244	55	data	datum	NOUN
hassl-827	244	56	.	.	PUNCT
hassl-827	245	1	the	the	DET
hassl-827	245	2	experiment‟s	experiment‟s	ADJ
hassl-827	245	3	or	or	CCONJ
hassl-827	245	4	“	"	PUNCT
hassl-827	245	5	monte	monte	PROPN
hassl-827	245	6	carlo	carlo	PROPN
hassl-827	245	7	”	"	PUNCT
hassl-827	245	8	approach	approach	NOUN
hassl-827	245	9	was	be	AUX
hassl-827	245	10	used	use	VERB
hassl-827	245	11	by	by	ADP
hassl-827	245	12	karlsson	karlsson	PROPN
hassl-827	245	13	and	and	CCONJ
hassl-827	245	14	löthgren	löthgren	PROPN
hassl-827	245	15	(	(	PUNCT
hassl-827	245	16	2000	2000	NUM
hassl-827	245	17	)	)	PUNCT
hassl-827	245	18	who	who	PRON
hassl-827	245	19	demonstrated	demonstrate	VERB
hassl-827	245	20	that	that	SCONJ
hassl-827	245	21	the	the	DET
hassl-827	245	22	ips	ips	PROPN
hassl-827	245	23	test	test	NOUN
hassl-827	245	24	has	have	VERB
hassl-827	245	25	more	more	ADV
hassl-827	245	26	improved	improved	ADJ
hassl-827	245	27	power	power	NOUN
hassl-827	245	28	properties	property	NOUN
hassl-827	245	29	.	.	PUNCT
hassl-827	246	1	it	it	PRON
hassl-827	246	2	was	be	AUX
hassl-827	246	3	essential	essential	ADJ
hassl-827	246	4	to	to	PART
hassl-827	246	5	check	check	VERB
hassl-827	246	6	whether	whether	SCONJ
hassl-827	246	7	the	the	DET
hassl-827	246	8	variables	variable	NOUN
hassl-827	246	9	contain	contain	VERB
hassl-827	246	10	panel	panel	NOUN
hassl-827	246	11	unit	unit	NOUN
hassl-827	246	12	roots	root	NOUN
hassl-827	246	13	or	or	CCONJ
hassl-827	246	14	not	not	PART
hassl-827	246	15	.	.	PUNCT
hassl-827	247	1	if	if	SCONJ
hassl-827	247	2	they	they	PRON
hassl-827	247	3	do	do	AUX
hassl-827	247	4	contain	contain	VERB
hassl-827	247	5	them	they	PRON
hassl-827	247	6	,	,	PUNCT
hassl-827	247	7	then	then	ADV
hassl-827	247	8	the	the	DET
hassl-827	247	9	panel	panel	NOUN
hassl-827	247	10	co	co	NOUN
hassl-827	247	11	-	-	NOUN
hassl-827	247	12	integration	integration	NOUN
hassl-827	247	13	test	test	NOUN
hassl-827	247	14	has	have	VERB
hassl-827	247	15	to	to	PART
hassl-827	247	16	be	be	AUX
hassl-827	247	17	applied	apply	VERB
hassl-827	247	18	to	to	PART
hassl-827	247	19	avoid	avoid	VERB
hassl-827	247	20	false	false	ADJ
hassl-827	247	21	regression	regression	NOUN
hassl-827	247	22	.	.	PUNCT
hassl-827	248	1	we	we	PRON
hassl-827	248	2	used	use	VERB
hassl-827	248	3	the	the	DET
hassl-827	248	4	procedures	procedure	NOUN
hassl-827	248	5	that	that	PRON
hassl-827	248	6	were	be	AUX
hassl-827	248	7	established	establish	VERB
hassl-827	248	8	by	by	ADP
hassl-827	248	9	pedroni	pedroni	NOUN
hassl-827	248	10	(	(	PUNCT
hassl-827	248	11	2004	2004	NUM
hassl-827	248	12	)	)	PUNCT
hassl-827	248	13	for	for	ADP
hassl-827	248	14	testing	test	VERB
hassl-827	248	15	the	the	DET
hassl-827	248	16	panel	panel	NOUN
hassl-827	248	17	co	co	NOUN
hassl-827	248	18	-	-	NOUN
hassl-827	248	19	integration	integration	NOUN
hassl-827	248	20	.	.	PUNCT
hassl-827	249	1	1	1	X
hassl-827	249	2	.	.	X
hassl-827	249	3	equation	equation	NOUN
hassl-827	249	4	15	15	NUM
hassl-827	249	5	shows	show	VERB
hassl-827	249	6	non	non	ADJ
hassl-827	249	7	-	-	ADJ
hassl-827	249	8	parametric	parametric	ADJ
hassl-827	249	9	(	(	PUNCT
hassl-827	249	10	panel	panel	NOUN
hassl-827	249	11	t	t	PROPN
hassl-827	249	12	-	-	PUNCT
hassl-827	249	13	statistic	statistic	NOUN
hassl-827	249	14	):	):	PUNCT
hassl-827	249	15	2	2	NUM
hassl-827	249	16	.	.	X
hassl-827	249	17	equation	equation	NOUN
hassl-827	249	18	16	16	NUM
hassl-827	249	19	shows	show	VERB
hassl-827	249	20	parametric	parametric	ADJ
hassl-827	249	21	(	(	PUNCT
hassl-827	249	22	panel	panel	NOUN
hassl-827	249	23	t	t	PROPN
hassl-827	249	24	-	-	PUNCT
hassl-827	249	25	statistic	statistic	NOUN
hassl-827	249	26	):	):	PUNCT
hassl-827	249	27	3	3	X
hassl-827	249	28	.	.	X
hassl-827	249	29	equation	equation	NOUN
hassl-827	249	30	17	17	NUM
hassl-827	249	31	shows	show	VERB
hassl-827	249	32	non	non	ADJ
hassl-827	249	33	-	-	ADJ
hassl-827	249	34	parametric	parametric	ADJ
hassl-827	249	35	(	(	PUNCT
hassl-827	249	36	group	group	NOUN
hassl-827	249	37	t	t	PROPN
hassl-827	249	38	-	-	PUNCT
hassl-827	249	39	statistic	statistic	NOUN
hassl-827	249	40	):	):	PUNCT
hassl-827	249	41	4	4	NUM
hassl-827	249	42	.	.	X
hassl-827	249	43	equation	equation	NOUN
hassl-827	249	44	18	18	NUM
hassl-827	249	45	shows	show	VERB
hassl-827	249	46	parametric	parametric	ADJ
hassl-827	249	47	(	(	PUNCT
hassl-827	249	48	group	group	NOUN
hassl-827	249	49	t	t	PROPN
hassl-827	249	50	-	-	PUNCT
hassl-827	249	51	statistic	statistic	NOUN
hassl-827	249	52	):	):	PUNCT
hassl-827	249	53	likewise	likewise	ADV
hassl-827	249	54	,	,	PUNCT
hassl-827	249	55	we	we	PRON
hassl-827	249	56	have	have	AUX
hassl-827	249	57	obtained	obtain	VERB
hassl-827	249	58	estimated	estimate	VERB
hassl-827	249	59	error	error	NOUN
hassl-827	249	60	terms	term	NOUN
hassl-827	249	61	by	by	ADP
hassl-827	249	62	using	use	VERB
hassl-827	249	63	the	the	DET
hassl-827	249	64	equation	equation	NOUN
hassl-827	249	65	19	19	NUM
hassl-827	249	66	and	and	CCONJ
hassl-827	249	67	equation	equation	NOUN
hassl-827	249	68	20	20	NUM
hassl-827	249	69	:	:	PUNCT
hassl-827	249	70	humanities	humanity	NOUN
hassl-827	249	71	and	and	CCONJ
hassl-827	249	72	social	social	ADJ
hassl-827	249	73	sciences	science	NOUN
hassl-827	249	74	letters	letter	NOUN
hassl-827	249	75	,	,	PUNCT
hassl-827	249	76	2019	2019	NUM
hassl-827	249	77	,	,	PUNCT
hassl-827	249	78	7(3	7(3	NUM
hassl-827	249	79	):	):	PUNCT
hassl-827	249	80	167	167	NUM
hassl-827	249	81	-	-	SYM
hassl-827	249	82	180	180	NUM
hassl-827	249	83	175	175	NUM
hassl-827	249	84	©	©	PROPN
hassl-827	249	85	2019	2019	NUM
hassl-827	249	86	conscientia	conscientia	PROPN
hassl-827	249	87	beam	beam	PROPN
hassl-827	249	88	.	.	PUNCT
hassl-827	250	1	all	all	DET
hassl-827	250	2	rights	right	NOUN
hassl-827	250	3	reserved	reserve	VERB
hassl-827	250	4	.	.	PUNCT
hassl-827	251	1	(	(	PUNCT
hassl-827	251	2	19	19	NUM
hassl-827	251	3	)	)	PUNCT
hassl-827	251	4	and	and	CCONJ
hassl-827	251	5	(	(	PUNCT
hassl-827	251	6	20	20	NUM
hassl-827	251	7	)	)	PUNCT
hassl-827	251	8	δ	δ	PROPN
hassl-827	251	9	is	be	AUX
hassl-827	251	10	first	first	ADJ
hassl-827	251	11	change	change	NOUN
hassl-827	251	12	operator	operator	NOUN
hassl-827	251	13	.	.	PUNCT
hassl-827	252	1	signifies	signify	VERB
hassl-827	252	2	the	the	DET
hassl-827	252	3	residuals	residual	NOUN
hassl-827	252	4	from	from	ADP
hassl-827	252	5	panel	panel	NOUN
hassl-827	252	6	exemplary	exemplary	NOUN
hassl-827	252	7	which	which	PRON
hassl-827	252	8	has	have	AUX
hassl-827	252	9	been	be	AUX
hassl-827	252	10	defined	define	VERB
hassl-827	252	11	in	in	ADP
hassl-827	252	12	equation	equation	NOUN
hassl-827	252	13	8	8	NUM
hassl-827	252	14	.	.	PUNCT
hassl-827	253	1	for	for	ADP
hassl-827	253	2	each	each	DET
hassl-827	253	3	test	test	NOUN
hassl-827	253	4	the	the	DET
hassl-827	253	5	statistics	statistic	NOUN
hassl-827	253	6	modifications	modification	NOUN
hassl-827	253	7	were	be	AUX
hassl-827	253	8	made	make	VERB
hassl-827	253	9	as	as	SCONJ
hassl-827	253	10	explained	explain	VERB
hassl-827	253	11	by	by	ADP
hassl-827	253	12	pedroni	pedroni	NOUN
hassl-827	253	13	,	,	PUNCT
hassl-827	253	14	so	so	SCONJ
hassl-827	253	15	that	that	SCONJ
hassl-827	253	16	each	each	DET
hassl-827	253	17	observation	observation	NOUN
hassl-827	253	18	was	be	AUX
hassl-827	253	19	normally	normally	ADV
hassl-827	253	20	distributed	distribute	VERB
hassl-827	253	21	.	.	PUNCT
hassl-827	254	1	for	for	ADP
hassl-827	254	2	these	these	DET
hassl-827	254	3	statistics	statistic	NOUN
hassl-827	254	4	the	the	DET
hassl-827	254	5	adjusted	adjusted	ADJ
hassl-827	254	6	values	value	NOUN
hassl-827	254	7	that	that	PRON
hassl-827	254	8	we	we	PRON
hassl-827	254	9	used	use	VERB
hassl-827	254	10	in	in	ADP
hassl-827	254	11	our	our	PRON
hassl-827	254	12	study	study	NOUN
hassl-827	254	13	could	could	AUX
hassl-827	254	14	be	be	AUX
hassl-827	254	15	equated	equate	VERB
hassl-827	254	16	or	or	CCONJ
hassl-827	254	17	could	could	AUX
hassl-827	254	18	be	be	AUX
hassl-827	254	19	associated	associate	VERB
hassl-827	254	20	to	to	ADP
hassl-827	254	21	the	the	DET
hassl-827	254	22	standard	standard	ADJ
hassl-827	254	23	normal	normal	ADJ
hassl-827	254	24	distribution	distribution	NOUN
hassl-827	254	25	values	value	NOUN
hassl-827	254	26	,	,	PUNCT
hassl-827	254	27	which	which	PRON
hassl-827	254	28	were	be	AUX
hassl-827	254	29	applied	apply	VERB
hassl-827	254	30	for	for	ADP
hassl-827	254	31	both	both	CCONJ
hassl-827	254	32	the	the	DET
hassl-827	254	33	unit	unit	NOUN
hassl-827	254	34	root	root	NOUN
hassl-827	254	35	and	and	CCONJ
hassl-827	254	36	co	co	NOUN
hassl-827	254	37	-	-	NOUN
hassl-827	254	38	integration	integration	NOUN
hassl-827	254	39	tests	test	NOUN
hassl-827	254	40	.	.	PUNCT
hassl-827	255	1	we	we	PRON
hassl-827	255	2	used	use	VERB
hassl-827	255	3	the	the	DET
hassl-827	255	4	quarterly	quarterly	ADJ
hassl-827	255	5	data	datum	NOUN
hassl-827	255	6	of	of	ADP
hassl-827	255	7	treasury	treasury	NOUN
hassl-827	255	8	bills	bill	NOUN
hassl-827	255	9	,	,	PUNCT
hassl-827	255	10	msci	msci	PROPN
hassl-827	255	11	index	index	NOUN
hassl-827	255	12	data	datum	NOUN
hassl-827	255	13	(	(	PUNCT
hassl-827	255	14	banking	banking	NOUN
hassl-827	255	15	index	index	NOUN
hassl-827	255	16	data	datum	NOUN
hassl-827	255	17	)	)	PUNCT
hassl-827	255	18	for	for	ADP
hassl-827	255	19	the	the	DET
hassl-827	255	20	uk	uk	PROPN
hassl-827	255	21	,	,	PUNCT
hassl-827	255	22	the	the	DET
hassl-827	255	23	us	us	PROPN
hassl-827	255	24	,	,	PUNCT
hassl-827	255	25	australia	australia	PROPN
hassl-827	255	26	,	,	PUNCT
hassl-827	255	27	china	china	PROPN
hassl-827	255	28	,	,	PUNCT
hassl-827	255	29	pakistan	pakistan	PROPN
hassl-827	255	30	and	and	CCONJ
hassl-827	255	31	india	india	PROPN
hassl-827	255	32	from	from	ADP
hassl-827	255	33	1992	1992	NUM
hassl-827	255	34	to	to	ADP
hassl-827	255	35	2017	2017	NUM
hassl-827	255	36	.	.	PUNCT
hassl-827	256	1	however	however	ADV
hassl-827	256	2	,	,	PUNCT
hassl-827	256	3	all	all	DET
hassl-827	256	4	these	these	DET
hassl-827	256	5	countries	country	NOUN
hassl-827	256	6	have	have	VERB
hassl-827	256	7	a	a	DET
hassl-827	256	8	central	central	ADJ
hassl-827	256	9	bank	bank	NOUN
hassl-827	256	10	which	which	PRON
hassl-827	256	11	sets	set	VERB
hassl-827	256	12	the	the	DET
hassl-827	256	13	monetary	monetary	ADJ
hassl-827	256	14	policy	policy	NOUN
hassl-827	256	15	.	.	PUNCT
hassl-827	257	1	the	the	DET
hassl-827	257	2	share	share	NOUN
hassl-827	257	3	price	price	NOUN
hassl-827	257	4	of	of	ADP
hassl-827	257	5	the	the	DET
hassl-827	257	6	banks	bank	NOUN
hassl-827	257	7	depends	depend	VERB
hassl-827	257	8	on	on	ADP
hassl-827	257	9	the	the	DET
hassl-827	257	10	variation	variation	NOUN
hassl-827	257	11	in	in	ADP
hassl-827	257	12	the	the	DET
hassl-827	257	13	interest	interest	NOUN
hassl-827	257	14	rate	rate	NOUN
hassl-827	257	15	,	,	PUNCT
hassl-827	257	16	which	which	PRON
hassl-827	257	17	determines	determine	VERB
hassl-827	257	18	the	the	DET
hassl-827	257	19	essential	essential	ADJ
hassl-827	257	20	information	information	NOUN
hassl-827	257	21	for	for	ADP
hassl-827	257	22	conducting	conduct	VERB
hassl-827	257	23	monetary	monetary	ADJ
hassl-827	257	24	policy	policy	NOUN
hassl-827	257	25	in	in	ADP
hassl-827	257	26	all	all	PRON
hassl-827	257	27	of	of	ADP
hassl-827	257	28	the	the	DET
hassl-827	257	29	above	above	ADV
hassl-827	257	30	mentioned	mention	VERB
hassl-827	257	31	countries	country	NOUN
hassl-827	257	32	,	,	PUNCT
hassl-827	257	33	since	since	SCONJ
hassl-827	257	34	the	the	DET
hassl-827	257	35	banking	banking	NOUN
hassl-827	257	36	sector	sector	NOUN
hassl-827	257	37	serves	serve	VERB
hassl-827	257	38	and	and	CCONJ
hassl-827	257	39	assists	assist	NOUN
hassl-827	257	40	as	as	ADP
hassl-827	257	41	the	the	DET
hassl-827	257	42	network	network	NOUN
hassl-827	257	43	for	for	ADP
hassl-827	257	44	the	the	DET
hassl-827	257	45	monetary	monetary	ADJ
hassl-827	257	46	policy	policy	NOUN
hassl-827	257	47	and	and	CCONJ
hassl-827	257	48	these	these	DET
hassl-827	257	49	judgments	judgment	NOUN
hassl-827	257	50	are	be	AUX
hassl-827	257	51	transmitted	transmit	VERB
hassl-827	257	52	.	.	PUNCT
hassl-827	258	1	banking	banking	NOUN
hassl-827	258	2	is	be	AUX
hassl-827	258	3	a	a	DET
hassl-827	258	4	major	major	ADJ
hassl-827	258	5	sector	sector	NOUN
hassl-827	258	6	in	in	ADP
hassl-827	258	7	portfolio	portfolio	NOUN
hassl-827	258	8	allocation	allocation	NOUN
hassl-827	258	9	whereby	whereby	SCONJ
hassl-827	258	10	fund	fund	NOUN
hassl-827	258	11	managers	manager	NOUN
hassl-827	258	12	and	and	CCONJ
hassl-827	258	13	investors	investor	NOUN
hassl-827	258	14	make	make	VERB
hassl-827	258	15	decisions	decision	NOUN
hassl-827	258	16	on	on	ADP
hassl-827	258	17	investing	invest	VERB
hassl-827	258	18	in	in	ADP
hassl-827	258	19	each	each	PRON
hassl-827	258	20	of	of	ADP
hassl-827	258	21	the	the	DET
hassl-827	258	22	above	above	ADJ
hassl-827	258	23	countries	country	NOUN
hassl-827	258	24	.	.	PUNCT
hassl-827	259	1	4	4	X
hassl-827	259	2	.	.	X
hassl-827	259	3	statistical	statistical	ADJ
hassl-827	259	4	analysis	analysis	NOUN
hassl-827	259	5	4.1	4.1	NUM
hassl-827	259	6	.	.	PUNCT
hassl-827	259	7	panel	panel	NOUN
hassl-827	259	8	unit	unit	NOUN
hassl-827	259	9	root	root	NOUN
hassl-827	259	10	(	(	PUNCT
hassl-827	259	11	stationarity	stationarity	NOUN
hassl-827	259	12	test	test	NOUN
hassl-827	259	13	)	)	PUNCT
hassl-827	259	14	in	in	ADP
hassl-827	259	15	order	order	NOUN
hassl-827	259	16	to	to	PART
hassl-827	259	17	check	check	VERB
hassl-827	259	18	the	the	DET
hassl-827	259	19	data	datum	NOUN
hassl-827	259	20	stationarity	stationarity	NOUN
hassl-827	259	21	,	,	PUNCT
hassl-827	259	22	the	the	DET
hassl-827	259	23	table	table	NOUN
hassl-827	259	24	below	below	ADV
hassl-827	259	25	explains	explain	VERB
hassl-827	259	26	the	the	DET
hassl-827	259	27	augmented	augmented	ADJ
hassl-827	259	28	dickey	dickey	NOUN
hassl-827	259	29	and	and	CCONJ
hassl-827	259	30	fuller	full	ADJ
hassl-827	259	31	test	test	NOUN
hassl-827	259	32	(	(	PUNCT
hassl-827	259	33	adf	adf	PROPN
hassl-827	259	34	)	)	PUNCT
hassl-827	259	35	,	,	PUNCT
hassl-827	259	36	i	i	PRON
hassl-827	259	37	m	m	VERB
hassl-827	259	38	,	,	PUNCT
hassl-827	259	39	pesaran	pesaran	ADJ
hassl-827	259	40	and	and	CCONJ
hassl-827	259	41	shin	shin	NOUN
hassl-827	259	42	test	test	NOUN
hassl-827	259	43	(	(	PUNCT
hassl-827	259	44	ips	ips	PROPN
hassl-827	259	45	)	)	PUNCT
hassl-827	259	46	,	,	PUNCT
hassl-827	259	47	levin	levin	PROPN
hassl-827	259	48	,	,	PUNCT
hassl-827	259	49	lin	lin	PROPN
hassl-827	259	50	and	and	CCONJ
hassl-827	259	51	chu	chu	PROPN
hassl-827	259	52	test	test	PROPN
hassl-827	259	53	and	and	CCONJ
hassl-827	259	54	fisher	fisher	PROPN
hassl-827	259	55	pp	pp	PROPN
hassl-827	259	56	test	test	NOUN
hassl-827	259	57	.	.	PUNCT
hassl-827	260	1	the	the	DET
hassl-827	260	2	panel	panel	NOUN
hassl-827	260	3	unit	unit	NOUN
hassl-827	260	4	root	root	PROPN
hassl-827	260	5	test	test	NOUN
hassl-827	260	6	in	in	ADP
hassl-827	260	7	table	table	NOUN
hassl-827	260	8	1	1	NUM
hassl-827	260	9	for	for	ADP
hassl-827	260	10	the	the	DET
hassl-827	260	11	us	us	PROPN
hassl-827	260	12	,	,	PUNCT
hassl-827	260	13	the	the	DET
hassl-827	260	14	uk	uk	PROPN
hassl-827	260	15	and	and	CCONJ
hassl-827	260	16	australia	australia	PROPN
hassl-827	260	17	shows	show	VERB
hassl-827	260	18	that	that	SCONJ
hassl-827	260	19	for	for	ADP
hassl-827	260	20	the	the	DET
hassl-827	260	21	lnmsci	lnmsci	NOUN
hassl-827	260	22	and	and	CCONJ
hassl-827	260	23	lninterest	lninter	ADJ
hassl-827	260	24	rate	rate	NOUN
hassl-827	260	25	both	both	CCONJ
hassl-827	260	26	the	the	DET
hassl-827	260	27	p	p	ADJ
hassl-827	260	28	values	value	NOUN
hassl-827	260	29	were	be	AUX
hassl-827	260	30	above	above	ADP
hassl-827	260	31	5	5	NUM
hassl-827	260	32	percent	percent	NOUN
hassl-827	260	33	which	which	PRON
hassl-827	260	34	showed	show	VERB
hassl-827	260	35	that	that	SCONJ
hassl-827	260	36	these	these	DET
hassl-827	260	37	data	datum	NOUN
hassl-827	260	38	were	be	AUX
hassl-827	260	39	non	non	ADJ
hassl-827	260	40	-	-	ADJ
hassl-827	260	41	stationary	stationary	ADJ
hassl-827	260	42	at	at	ADP
hassl-827	260	43	all	all	DET
hassl-827	260	44	levels	level	NOUN
hassl-827	260	45	so	so	SCONJ
hassl-827	260	46	there	there	PRON
hassl-827	260	47	was	be	VERB
hassl-827	260	48	a	a	DET
hassl-827	260	49	unit	unit	NOUN
hassl-827	260	50	root	root	NOUN
hassl-827	260	51	and	and	CCONJ
hassl-827	260	52	we	we	PRON
hassl-827	260	53	accepted	accept	VERB
hassl-827	260	54	the	the	DET
hassl-827	260	55	null	null	ADJ
hassl-827	260	56	hypothesis	hypothesis	NOUN
hassl-827	260	57	.	.	PUNCT
hassl-827	261	1	however	however	ADV
hassl-827	261	2	,	,	PUNCT
hassl-827	261	3	at	at	ADP
hassl-827	261	4	the	the	DET
hassl-827	261	5	1st	1st	ADJ
hassl-827	261	6	difference	difference	NOUN
hassl-827	261	7	level	level	NOUN
hassl-827	261	8	there	there	PRON
hassl-827	261	9	was	be	VERB
hassl-827	261	10	stationarity	stationarity	NOUN
hassl-827	261	11	among	among	ADP
hassl-827	261	12	the	the	DET
hassl-827	261	13	variables	variable	NOUN
hassl-827	261	14	.	.	PUNCT
hassl-827	262	1	table-1	table-1	NUM
hassl-827	262	2	.	.	PUNCT
hassl-827	262	3	panel	panel	NOUN
hassl-827	262	4	unit	unit	NOUN
hassl-827	262	5	root	root	PROPN
hassl-827	262	6	test	test	NOUN
hassl-827	262	7	(	(	PUNCT
hassl-827	262	8	us	us	PROPN
hassl-827	262	9	,	,	PUNCT
hassl-827	262	10	uk	uk	PROPN
hassl-827	262	11	and	and	CCONJ
hassl-827	262	12	australia	australia	PROPN
hassl-827	262	13	)	)	PUNCT
hassl-827	262	14	.	.	PUNCT
hassl-827	263	1	variables	variables	PROPN
hassl-827	263	2	llc	llc	PROPN
hassl-827	263	3	ips	ips	PROPN
hassl-827	263	4	adf	adf	PROPN
hassl-827	263	5	pp	pp	PROPN
hassl-827	263	6	test	test	NOUN
hassl-827	263	7	for	for	ADP
hassl-827	263	8	i(0	i(0	PROPN
hassl-827	263	9	):	):	PUNCT
hassl-827	263	10	level	level	NOUN
hassl-827	263	11	test	test	NOUN
hassl-827	263	12	for	for	ADP
hassl-827	263	13	i(0	i(0	PROPN
hassl-827	263	14	):	):	PUNCT
hassl-827	263	15	level	level	NOUN
hassl-827	263	16	test	test	NOUN
hassl-827	263	17	for	for	ADP
hassl-827	263	18	i(0	i(0	PROPN
hassl-827	263	19	):	):	PUNCT
hassl-827	263	20	level	level	NOUN
hassl-827	263	21	test	test	NOUN
hassl-827	263	22	for	for	ADP
hassl-827	263	23	i(0	i(0	PROPN
hassl-827	263	24	):	):	PUNCT
hassl-827	263	25	level	level	ADJ
hassl-827	263	26	p	p	NOUN
hassl-827	263	27	-	-	PUNCT
hassl-827	263	28	value	value	NOUN
hassl-827	263	29	decision	decision	NOUN
hassl-827	263	30	p	p	NOUN
hassl-827	263	31	-	-	PUNCT
hassl-827	263	32	value	value	NOUN
hassl-827	263	33	decision	decision	NOUN
hassl-827	263	34	p	p	NOUN
hassl-827	263	35	-	-	PUNCT
hassl-827	263	36	value	value	NOUN
hassl-827	263	37	decision	decision	NOUN
hassl-827	263	38	p	p	NOUN
hassl-827	263	39	-	-	PUNCT
hassl-827	263	40	value	value	NOUN
hassl-827	263	41	decision	decision	NOUN
hassl-827	263	42	lnmsci	lnmsci	NOUN
hassl-827	263	43	0.0843	0.0843	NUM
hassl-827	263	44	nonstationary	nonstationary	ADJ
hassl-827	263	45	0.3005	0.3005	NUM
hassl-827	263	46	nonstationary	nonstationary	ADJ
hassl-827	263	47	0.4076	0.4076	NUM
hassl-827	263	48	nonstationary	nonstationary	ADJ
hassl-827	263	49	0.3953	0.3953	NUM
hassl-827	263	50	nonstationary	nonstationary	ADJ
hassl-827	263	51	lninterest	lninter	ADJ
hassl-827	263	52	rate	rate	NOUN
hassl-827	263	53	0.5495	0.5495	NUM
hassl-827	263	54	nonstationary	nonstationary	ADJ
hassl-827	263	55	0.6831	0.6831	NUM
hassl-827	263	56	nonstationary	nonstationary	ADJ
hassl-827	263	57	0.8329	0.8329	NUM
hassl-827	263	58	nonstationary	nonstationary	ADJ
hassl-827	263	59	0.7915	0.7915	NUM
hassl-827	263	60	nonstationary	nonstationary	ADJ
hassl-827	263	61	variables	variable	NOUN
hassl-827	263	62	llc	llc	PROPN
hassl-827	263	63	ips	ips	PROPN
hassl-827	263	64	adf	adf	PROPN
hassl-827	263	65	pp	pp	PROPN
hassl-827	263	66	test	test	NOUN
hassl-827	263	67	for	for	ADP
hassl-827	263	68	i(1	i(1	PROPN
hassl-827	263	69	):	):	PUNCT
hassl-827	263	70	first	first	ADJ
hassl-827	263	71	difference	difference	NOUN
hassl-827	263	72	test	test	NOUN
hassl-827	263	73	for	for	ADP
hassl-827	263	74	i(1	i(1	PROPN
hassl-827	263	75	):	):	PUNCT
hassl-827	263	76	first	first	ADJ
hassl-827	263	77	difference	difference	NOUN
hassl-827	263	78	test	test	NOUN
hassl-827	263	79	for	for	ADP
hassl-827	263	80	i(1	i(1	PROPN
hassl-827	263	81	):	):	PUNCT
hassl-827	263	82	first	first	ADJ
hassl-827	263	83	difference	difference	NOUN
hassl-827	263	84	test	test	NOUN
hassl-827	263	85	for	for	ADP
hassl-827	263	86	i(1	i(1	PROPN
hassl-827	263	87	):	):	PUNCT
hassl-827	263	88	first	first	ADJ
hassl-827	263	89	difference	difference	NOUN
hassl-827	263	90	p	p	NOUN
hassl-827	263	91	-	-	PUNCT
hassl-827	263	92	value	value	NOUN
hassl-827	263	93	decision	decision	NOUN
hassl-827	263	94	p	p	NOUN
hassl-827	263	95	-	-	PUNCT
hassl-827	263	96	value	value	NOUN
hassl-827	263	97	decision	decision	NOUN
hassl-827	263	98	p	p	NOUN
hassl-827	263	99	-	-	PUNCT
hassl-827	263	100	value	value	NOUN
hassl-827	263	101	decision	decision	NOUN
hassl-827	263	102	p	p	NOUN
hassl-827	263	103	-	-	PUNCT
hassl-827	263	104	value	value	NOUN
hassl-827	263	105	decision	decision	NOUN
hassl-827	263	106	lnmsci	lnmsci	NOUN
hassl-827	263	107	0.0000	0.0000	NUM
hassl-827	263	108	nonstationary	nonstationary	ADJ
hassl-827	263	109	0.0000	0.0000	NUM
hassl-827	263	110	nonstationary	nonstationary	ADJ
hassl-827	263	111	0.0000	0.0000	NUM
hassl-827	263	112	nonstationary	nonstationary	ADJ
hassl-827	263	113	0.0000	0.0000	NUM
hassl-827	263	114	nonstationary	nonstationary	ADJ
hassl-827	263	115	lninterest	lninter	ADJ
hassl-827	263	116	rate	rate	NOUN
hassl-827	263	117	0.0000	0.0000	NUM
hassl-827	263	118	nonstationary	nonstationary	ADJ
hassl-827	263	119	0.0000	0.0000	NUM
hassl-827	263	120	nonstationary	nonstationary	ADJ
hassl-827	263	121	0.0000	0.0000	NUM
hassl-827	263	122	nonstationary	nonstationary	ADJ
hassl-827	263	123	0.0000	0.0000	NUM
hassl-827	263	124	nonstationary	nonstationary	ADJ
hassl-827	263	125	source	source	NOUN
hassl-827	263	126	:	:	PUNCT
hassl-827	263	127	authors‟	authors‟	NOUN
hassl-827	263	128	own	own	ADJ
hassl-827	263	129	elaboration	elaboration	NOUN
hassl-827	263	130	.	.	PUNCT
hassl-827	264	1	for	for	ADP
hassl-827	264	2	pakistan	pakistan	PROPN
hassl-827	264	3	,	,	PUNCT
hassl-827	264	4	india	india	PROPN
hassl-827	264	5	and	and	CCONJ
hassl-827	264	6	china	china	PROPN
hassl-827	264	7	the	the	DET
hassl-827	264	8	panel	panel	NOUN
hassl-827	264	9	unit	unit	NOUN
hassl-827	264	10	root	root	PROPN
hassl-827	264	11	test	test	NOUN
hassl-827	264	12	in	in	ADP
hassl-827	264	13	table	table	NOUN
hassl-827	264	14	2	2	NUM
hassl-827	264	15	shows	show	VERB
hassl-827	264	16	that	that	SCONJ
hassl-827	264	17	for	for	ADP
hassl-827	264	18	the	the	DET
hassl-827	264	19	lnmsci	lnmsci	NOUN
hassl-827	264	20	and	and	CCONJ
hassl-827	264	21	lninterest	lninter	ADJ
hassl-827	264	22	rate	rate	NOUN
hassl-827	264	23	both	both	CCONJ
hassl-827	264	24	the	the	DET
hassl-827	264	25	p	p	ADJ
hassl-827	264	26	values	value	NOUN
hassl-827	264	27	were	be	AUX
hassl-827	264	28	above	above	ADP
hassl-827	264	29	5	5	NUM
hassl-827	264	30	percent	percent	NOUN
hassl-827	264	31	meaning	mean	VERB
hassl-827	264	32	that	that	SCONJ
hassl-827	264	33	these	these	DET
hassl-827	264	34	data	datum	NOUN
hassl-827	264	35	were	be	AUX
hassl-827	264	36	non	non	ADJ
hassl-827	264	37	-	-	ADJ
hassl-827	264	38	stationary	stationary	ADJ
hassl-827	264	39	at	at	ADP
hassl-827	264	40	all	all	DET
hassl-827	264	41	levels	level	NOUN
hassl-827	264	42	.	.	PUNCT
hassl-827	265	1	this	this	DET
hassl-827	265	2	humanities	humanity	NOUN
hassl-827	265	3	and	and	CCONJ
hassl-827	265	4	social	social	ADJ
hassl-827	265	5	sciences	science	NOUN
hassl-827	265	6	letters	letter	NOUN
hassl-827	265	7	,	,	PUNCT
hassl-827	265	8	2019	2019	NUM
hassl-827	265	9	,	,	PUNCT
hassl-827	265	10	7(3	7(3	NUM
hassl-827	265	11	):	):	PUNCT
hassl-827	265	12	167	167	NUM
hassl-827	265	13	-	-	SYM
hassl-827	265	14	180	180	NUM
hassl-827	265	15	176	176	NUM
hassl-827	265	16	©	©	PROPN
hassl-827	265	17	2019	2019	NUM
hassl-827	265	18	conscientia	conscientia	PROPN
hassl-827	265	19	beam	beam	PROPN
hassl-827	265	20	.	.	PUNCT
hassl-827	266	1	all	all	DET
hassl-827	266	2	rights	right	NOUN
hassl-827	266	3	reserved	reserve	VERB
hassl-827	266	4	.	.	PUNCT
hassl-827	266	5	indicated	indicate	VERB
hassl-827	266	6	that	that	SCONJ
hassl-827	266	7	there	there	PRON
hassl-827	266	8	was	be	VERB
hassl-827	266	9	a	a	DET
hassl-827	266	10	unit	unit	NOUN
hassl-827	266	11	root	root	NOUN
hassl-827	266	12	so	so	SCONJ
hassl-827	266	13	the	the	DET
hassl-827	266	14	null	null	ADJ
hassl-827	266	15	hypothesis	hypothesis	NOUN
hassl-827	266	16	was	be	AUX
hassl-827	266	17	accepted	accept	VERB
hassl-827	266	18	.	.	PUNCT
hassl-827	267	1	stationarity	stationarity	NOUN
hassl-827	267	2	among	among	ADP
hassl-827	267	3	the	the	DET
hassl-827	267	4	variables	variable	NOUN
hassl-827	267	5	was	be	AUX
hassl-827	267	6	found	find	VERB
hassl-827	267	7	at	at	ADP
hassl-827	267	8	the	the	DET
hassl-827	267	9	1st	1st	ADJ
hassl-827	267	10	difference	difference	NOUN
hassl-827	267	11	level	level	NOUN
hassl-827	267	12	.	.	PUNCT
hassl-827	268	1	4.2	4.2	NUM
hassl-827	268	2	.	.	PUNCT
hassl-827	269	1	panel	panel	NOUN
hassl-827	269	2	co	co	NOUN
hassl-827	269	3	-	-	NOUN
hassl-827	269	4	integration	integration	NOUN
hassl-827	269	5	model	model	NOUN
hassl-827	269	6	the	the	DET
hassl-827	269	7	co	co	NOUN
hassl-827	269	8	-	-	NOUN
hassl-827	269	9	integration	integration	NOUN
hassl-827	269	10	method	method	NOUN
hassl-827	269	11	was	be	AUX
hassl-827	269	12	used	use	VERB
hassl-827	269	13	to	to	PART
hassl-827	269	14	find	find	VERB
hassl-827	269	15	the	the	DET
hassl-827	269	16	long	long	ADJ
hassl-827	269	17	term	term	NOUN
hassl-827	269	18	relationship	relationship	NOUN
hassl-827	269	19	among	among	ADP
hassl-827	269	20	the	the	DET
hassl-827	269	21	variables	variable	NOUN
hassl-827	269	22	.	.	PUNCT
hassl-827	270	1	firstly	firstly	ADV
hassl-827	270	2	,	,	PUNCT
hassl-827	270	3	we	we	PRON
hassl-827	270	4	converted	convert	VERB
hassl-827	270	5	the	the	DET
hassl-827	270	6	non	non	ADJ
hassl-827	270	7	-	-	ADJ
hassl-827	270	8	stationary	stationary	ADJ
hassl-827	270	9	data	datum	NOUN
hassl-827	270	10	into	into	ADP
hassl-827	270	11	stationary	stationary	ADJ
hassl-827	270	12	data	datum	NOUN
hassl-827	270	13	and	and	CCONJ
hassl-827	270	14	this	this	DET
hassl-827	270	15	test	test	NOUN
hassl-827	270	16	provided	provide	VERB
hassl-827	270	17	practical	practical	ADJ
hassl-827	270	18	support	support	NOUN
hassl-827	270	19	that	that	PRON
hassl-827	270	20	variables	variable	NOUN
hassl-827	270	21	cointegrated	cointegrate	VERB
hassl-827	270	22	in	in	ADP
hassl-827	270	23	the	the	DET
hassl-827	270	24	panel	panel	NOUN
hassl-827	270	25	perspective	perspective	NOUN
hassl-827	270	26	so	so	SCONJ
hassl-827	270	27	interest	interest	NOUN
hassl-827	270	28	rates	rate	NOUN
hassl-827	270	29	and	and	CCONJ
hassl-827	270	30	share	share	NOUN
hassl-827	270	31	prices	price	NOUN
hassl-827	270	32	of	of	ADP
hassl-827	270	33	banks	bank	NOUN
hassl-827	270	34	had	have	VERB
hassl-827	270	35	a	a	DET
hassl-827	270	36	stationary	stationary	ADJ
hassl-827	270	37	long	long	ADJ
hassl-827	270	38	term	term	NOUN
hassl-827	270	39	relationship	relationship	NOUN
hassl-827	270	40	.	.	PUNCT
hassl-827	271	1	we	we	PRON
hassl-827	271	2	used	use	VERB
hassl-827	271	3	pedroni‟s	pedroni‟s	ADJ
hassl-827	271	4	co	co	ADJ
hassl-827	271	5	-	-	NOUN
hassl-827	271	6	integration	integration	NOUN
hassl-827	271	7	test	test	NOUN
hassl-827	271	8	in	in	ADP
hassl-827	271	9	this	this	DET
hassl-827	271	10	approach	approach	NOUN
hassl-827	271	11	.	.	PUNCT
hassl-827	272	1	table-2	table-2	NUM
hassl-827	272	2	.	.	PROPN
hassl-827	272	3	panel	panel	NOUN
hassl-827	272	4	unit	unit	NOUN
hassl-827	272	5	root	root	PROPN
hassl-827	272	6	test	test	NOUN
hassl-827	272	7	(	(	PUNCT
hassl-827	272	8	pakistan	pakistan	PROPN
hassl-827	272	9	,	,	PUNCT
hassl-827	272	10	india	india	PROPN
hassl-827	272	11	and	and	CCONJ
hassl-827	272	12	china	china	PROPN
hassl-827	272	13	)	)	PUNCT
hassl-827	272	14	.	.	PUNCT
hassl-827	273	1	variables	variables	PROPN
hassl-827	273	2	llc	llc	PROPN
hassl-827	273	3	ips	ips	PROPN
hassl-827	273	4	adf	adf	PROPN
hassl-827	273	5	pp	pp	PROPN
hassl-827	273	6	test	test	NOUN
hassl-827	273	7	for	for	ADP
hassl-827	273	8	i(0	i(0	PROPN
hassl-827	273	9	):	):	PUNCT
hassl-827	273	10	level	level	NOUN
hassl-827	273	11	test	test	NOUN
hassl-827	273	12	for	for	ADP
hassl-827	273	13	i(0	i(0	PROPN
hassl-827	273	14	):	):	PUNCT
hassl-827	273	15	level	level	NOUN
hassl-827	273	16	test	test	NOUN
hassl-827	273	17	for	for	ADP
hassl-827	273	18	i(0	i(0	PROPN
hassl-827	273	19	):	):	PUNCT
hassl-827	273	20	level	level	NOUN
hassl-827	273	21	test	test	NOUN
hassl-827	273	22	for	for	ADP
hassl-827	273	23	i(0	i(0	PROPN
hassl-827	273	24	):	):	PUNCT
hassl-827	273	25	level	level	ADJ
hassl-827	273	26	p	p	NOUN
hassl-827	273	27	-	-	PUNCT
hassl-827	273	28	value	value	NOUN
hassl-827	273	29	decision	decision	NOUN
hassl-827	273	30	p	p	NOUN
hassl-827	273	31	-	-	PUNCT
hassl-827	273	32	value	value	NOUN
hassl-827	273	33	decision	decision	NOUN
hassl-827	273	34	p	p	NOUN
hassl-827	273	35	-	-	PUNCT
hassl-827	273	36	value	value	NOUN
hassl-827	273	37	decision	decision	NOUN
hassl-827	273	38	p	p	NOUN
hassl-827	273	39	-	-	PUNCT
hassl-827	273	40	value	value	NOUN
hassl-827	273	41	decision	decision	NOUN
hassl-827	273	42	lnmsci	lnmsci	NOUN
hassl-827	273	43	0.5820	0.5820	NUM
hassl-827	273	44	nonstationary	nonstationary	ADJ
hassl-827	273	45	0.7035	0.7035	NUM
hassl-827	273	46	nonstationary	nonstationary	ADJ
hassl-827	273	47	0.7734	0.7734	NUM
hassl-827	273	48	nonstationary	nonstationary	ADJ
hassl-827	273	49	0.7588	0.7588	NUM
hassl-827	273	50	nonstationary	nonstationary	ADJ
hassl-827	273	51	lninterest	lninter	ADJ
hassl-827	273	52	rate	rate	NOUN
hassl-827	273	53	0.4317	0.4317	NUM
hassl-827	273	54	nonstationary	nonstationary	ADJ
hassl-827	273	55	0.0879	0.0879	NUM
hassl-827	273	56	nonstationary	nonstationary	ADJ
hassl-827	273	57	0.1337	0.1337	NUM
hassl-827	273	58	nonstationary	nonstationary	ADJ
hassl-827	273	59	.0745	.0745	NOUN
hassl-827	273	60	nonstationary	nonstationary	PROPN
hassl-827	273	61	variables	variables	PROPN
hassl-827	273	62	llc	llc	PROPN
hassl-827	274	1	ips	ips	PROPN
hassl-827	274	2	adf	adf	PROPN
hassl-827	274	3	pp	pp	PROPN
hassl-827	274	4	test	test	NOUN
hassl-827	274	5	for	for	ADP
hassl-827	274	6	i(1	i(1	PROPN
hassl-827	274	7	):	):	PUNCT
hassl-827	274	8	first	first	ADJ
hassl-827	274	9	difference	difference	NOUN
hassl-827	274	10	test	test	NOUN
hassl-827	274	11	for	for	ADP
hassl-827	274	12	i(1	i(1	PROPN
hassl-827	274	13	):	):	PUNCT
hassl-827	274	14	first	first	ADJ
hassl-827	274	15	difference	difference	NOUN
hassl-827	274	16	test	test	NOUN
hassl-827	274	17	for	for	ADP
hassl-827	274	18	i(1	i(1	PROPN
hassl-827	274	19	):	):	PUNCT
hassl-827	274	20	first	first	ADJ
hassl-827	274	21	difference	difference	NOUN
hassl-827	274	22	test	test	NOUN
hassl-827	274	23	for	for	ADP
hassl-827	274	24	i(1	i(1	PROPN
hassl-827	274	25	):	):	PUNCT
hassl-827	274	26	first	first	ADJ
hassl-827	274	27	difference	difference	NOUN
hassl-827	274	28	p	p	NOUN
hassl-827	274	29	-	-	PUNCT
hassl-827	274	30	value	value	NOUN
hassl-827	274	31	decision	decision	NOUN
hassl-827	274	32	p	p	NOUN
hassl-827	274	33	-	-	PUNCT
hassl-827	274	34	value	value	NOUN
hassl-827	274	35	decision	decision	NOUN
hassl-827	274	36	p	p	NOUN
hassl-827	274	37	-	-	PUNCT
hassl-827	274	38	value	value	NOUN
hassl-827	274	39	decision	decision	NOUN
hassl-827	274	40	p	p	NOUN
hassl-827	274	41	-	-	PUNCT
hassl-827	274	42	value	value	NOUN
hassl-827	274	43	decision	decision	NOUN
hassl-827	274	44	lnmsci	lnmsci	NOUN
hassl-827	274	45	0.0000	0.0000	NUM
hassl-827	274	46	nonstationary	nonstationary	ADJ
hassl-827	274	47	0.0000	0.0000	NUM
hassl-827	274	48	nonstationary	nonstationary	ADJ
hassl-827	274	49	0.0000	0.0000	NUM
hassl-827	274	50	nonstationary	nonstationary	ADJ
hassl-827	274	51	0.0000	0.0000	NUM
hassl-827	274	52	nonstationary	nonstationary	ADJ
hassl-827	274	53	lninterest	lninter	ADJ
hassl-827	274	54	rate	rate	NOUN
hassl-827	274	55	0.0000	0.0000	NUM
hassl-827	274	56	nonstationary	nonstationary	ADJ
hassl-827	274	57	0.0000	0.0000	NUM
hassl-827	274	58	nonstationary	nonstationary	ADJ
hassl-827	274	59	0.0000	0.0000	NUM
hassl-827	274	60	nonstationary	nonstationary	ADJ
hassl-827	274	61	0.0000	0.0000	NUM
hassl-827	274	62	nonstationary	nonstationary	ADJ
hassl-827	274	63	source	source	NOUN
hassl-827	274	64	:	:	PUNCT
hassl-827	274	65	authors‟	authors‟	NOUN
hassl-827	274	66	own	own	ADJ
hassl-827	274	67	elaboration	elaboration	NOUN
hassl-827	274	68	.	.	PUNCT
hassl-827	275	1	table-3	table-3	NUM
hassl-827	275	2	.	.	PUNCT
hassl-827	276	1	co	co	NOUN
hassl-827	276	2	-	-	NOUN
hassl-827	276	3	integration	integration	NOUN
hassl-827	276	4	test	test	NOUN
hassl-827	276	5	(	(	PUNCT
hassl-827	276	6	us	us	PROPN
hassl-827	276	7	,	,	PUNCT
hassl-827	276	8	uk	uk	PROPN
hassl-827	276	9	and	and	CCONJ
hassl-827	276	10	australia	australia	PROPN
hassl-827	276	11	)	)	PUNCT
hassl-827	276	12	.	.	PUNCT
hassl-827	277	1	alternative	alternative	ADJ
hassl-827	277	2	hypothesis	hypothesis	NOUN
hassl-827	277	3	:	:	PUNCT
hassl-827	277	4	common	common	ADJ
hassl-827	277	5	ar	ar	PROPN
hassl-827	277	6	coefs	coef	NOUN
hassl-827	277	7	.	.	PUNCT
hassl-827	278	1	(	(	PUNCT
hassl-827	278	2	within	within	ADP
hassl-827	278	3	-	-	PUNCT
hassl-827	278	4	dimension	dimension	NOUN
hassl-827	278	5	)	)	PUNCT
hassl-827	278	6	statistic	statistic	NOUN
hassl-827	278	7	prob	prob	PROPN
hassl-827	278	8	.	.	PUNCT
hassl-827	278	9	weighted	weight	VERB
hassl-827	278	10	statistic	statistic	PROPN
hassl-827	278	11	prob	prob	PROPN
hassl-827	278	12	.	.	PUNCT
hassl-827	279	1	panel	panel	PROPN
hassl-827	279	2	v	v	NOUN
hassl-827	279	3	-	-	PUNCT
hassl-827	279	4	statistic	statistic	NOUN
hassl-827	279	5	-0.200842	-0.200842	NOUN
hassl-827	279	6	0.0396	0.0396	NUM
hassl-827	279	7	0.169694	0.169694	NUM
hassl-827	279	8	0.0326	0.0326	NUM
hassl-827	279	9	panel	panel	NOUN
hassl-827	279	10	rho	rho	ADJ
hassl-827	279	11	-	-	PUNCT
hassl-827	279	12	statistic	statistic	ADJ
hassl-827	279	13	-0.122549	-0.122549	NOUN
hassl-827	279	14	0.4512	0.4512	NUM
hassl-827	279	15	-0.540427	-0.540427	VERB
hassl-827	279	16	0.2945	0.2945	NUM
hassl-827	279	17	panel	panel	NOUN
hassl-827	279	18	pp	pp	CCONJ
hassl-827	279	19	-	-	PUNCT
hassl-827	279	20	statistic	statistic	NOUN
hassl-827	279	21	-0.021493	-0.021493	NOUN
hassl-827	279	22	0.0414	0.0414	NUM
hassl-827	279	23	-0.376727	-0.376727	NOUN
hassl-827	279	24	0.0332	0.0332	NUM
hassl-827	279	25	panel	panel	NOUN
hassl-827	279	26	adf	adf	NOUN
hassl-827	279	27	-	-	PUNCT
hassl-827	279	28	statistic	statistic	NOUN
hassl-827	279	29	0.097498	0.097498	NUM
hassl-827	279	30	0.0038	0.0038	NUM
hassl-827	279	31	-0.154602	-0.154602	NOUN
hassl-827	279	32	0	0	NUM
hassl-827	279	33	.	.	NOUN
hassl-827	279	34	0036	0036	NUM
hassl-827	280	1	alternative	alternative	ADJ
hassl-827	280	2	hypothesis	hypothesis	NOUN
hassl-827	280	3	:	:	PUNCT
hassl-827	280	4	individual	individual	PROPN
hassl-827	280	5	ar	ar	PROPN
hassl-827	280	6	coefs	coefs	PROPN
hassl-827	280	7	.	.	PUNCT
hassl-827	281	1	(	(	PUNCT
hassl-827	281	2	between	between	ADP
hassl-827	281	3	-	-	PUNCT
hassl-827	281	4	dimension	dimension	NOUN
hassl-827	281	5	)	)	PUNCT
hassl-827	281	6	statistic	statistic	NOUN
hassl-827	281	7	prob	prob	NOUN
hassl-827	281	8	.	.	PUNCT
hassl-827	282	1	group	group	PROPN
hassl-827	282	2	rho	rho	ADJ
hassl-827	282	3	-	-	PUNCT
hassl-827	282	4	statistic	statistic	ADJ
hassl-827	282	5	-0.242816	-0.242816	NOUN
hassl-827	282	6	0.4041	0.4041	NUM
hassl-827	282	7	group	group	NOUN
hassl-827	282	8	pp	pp	ADJ
hassl-827	282	9	-	-	PUNCT
hassl-827	282	10	statistic	statistic	NOUN
hassl-827	282	11	-0.252195	-0.252195	NOUN
hassl-827	282	12	0.0004	0.0004	NUM
hassl-827	282	13	group	group	NOUN
hassl-827	282	14	adf	adf	NOUN
hassl-827	282	15	-	-	PUNCT
hassl-827	282	16	statistic	statistic	NOUN
hassl-827	282	17	0.158796	0.158796	NUM
hassl-827	282	18	0.0001	0.0001	NUM
hassl-827	282	19	source	source	NOUN
hassl-827	282	20	:	:	PUNCT
hassl-827	282	21	authors‟	authors‟	NOUN
hassl-827	282	22	own	own	ADJ
hassl-827	282	23	elaboration	elaboration	NOUN
hassl-827	282	24	.	.	PUNCT
hassl-827	283	1	table-4	table-4	X
hassl-827	283	2	.	.	PUNCT
hassl-827	284	1	co	co	NOUN
hassl-827	284	2	-	-	NOUN
hassl-827	284	3	integration	integration	NOUN
hassl-827	284	4	test	test	NOUN
hassl-827	284	5	(	(	PUNCT
hassl-827	284	6	pakistan	pakistan	PROPN
hassl-827	284	7	,	,	PUNCT
hassl-827	284	8	india	india	PROPN
hassl-827	284	9	and	and	CCONJ
hassl-827	284	10	china	china	PROPN
hassl-827	284	11	)	)	PUNCT
hassl-827	284	12	.	.	PUNCT
hassl-827	285	1	alternative	alternative	ADJ
hassl-827	285	2	hypothesis	hypothesis	NOUN
hassl-827	285	3	:	:	PUNCT
hassl-827	285	4	common	common	ADJ
hassl-827	285	5	ar	ar	PROPN
hassl-827	285	6	coefs	coef	NOUN
hassl-827	285	7	.	.	PUNCT
hassl-827	286	1	(	(	PUNCT
hassl-827	286	2	within	within	ADP
hassl-827	286	3	-	-	PUNCT
hassl-827	286	4	dimension	dimension	NOUN
hassl-827	286	5	)	)	PUNCT
hassl-827	286	6	statistic	statistic	NOUN
hassl-827	286	7	prob	prob	PROPN
hassl-827	286	8	.	.	PUNCT
hassl-827	286	9	weighted	weight	VERB
hassl-827	286	10	statistic	statistic	PROPN
hassl-827	286	11	prob	prob	PROPN
hassl-827	286	12	.	.	PUNCT
hassl-827	287	1	panel	panel	PROPN
hassl-827	287	2	v	v	NOUN
hassl-827	287	3	-	-	PUNCT
hassl-827	287	4	statistic	statistic	ADJ
hassl-827	287	5	1.257289	1.257289	NUM
hassl-827	287	6	0.0104	0.0104	NUM
hassl-827	287	7	1.864276	1.864276	NUM
hassl-827	287	8	0.0311	0.0311	NUM
hassl-827	287	9	panel	panel	NOUN
hassl-827	287	10	rho	rho	ADJ
hassl-827	287	11	-	-	PUNCT
hassl-827	287	12	statistic	statistic	ADJ
hassl-827	287	13	-0.912760	-0.912760	NOUN
hassl-827	288	1	0.0180	0.0180	NUM
hassl-827	288	2	-1.342250	-1.342250	NOUN
hassl-827	288	3	0.0198	0.0198	NUM
hassl-827	288	4	panel	panel	NOUN
hassl-827	288	5	pp	pp	CCONJ
hassl-827	288	6	-	-	PUNCT
hassl-827	288	7	statistic	statistic	NOUN
hassl-827	288	8	-0.939156	-0.939156	NOUN
hassl-827	288	9	0.0173	0.0173	NUM
hassl-827	288	10	-1.182379	-1.182379	NOUN
hassl-827	289	1	0.0185	0.0185	NUM
hassl-827	289	2	panel	panel	NOUN
hassl-827	289	3	adf	adf	NOUN
hassl-827	289	4	-	-	PUNCT
hassl-827	289	5	statistic	statistic	NOUN
hassl-827	289	6	-0.630742	-0.630742	NOUN
hassl-827	289	7	0.2641	0.2641	NUM
hassl-827	289	8	-0.849452	-0.849452	NOUN
hassl-827	289	9	0.1978	0.1978	NUM
hassl-827	289	10	alternative	alternative	ADJ
hassl-827	289	11	hypothesis	hypothesis	NOUN
hassl-827	289	12	:	:	PUNCT
hassl-827	289	13	individual	individual	PROPN
hassl-827	289	14	ar	ar	PROPN
hassl-827	289	15	coefs	coefs	PROPN
hassl-827	289	16	.	.	PUNCT
hassl-827	290	1	(	(	PUNCT
hassl-827	290	2	between	between	ADP
hassl-827	290	3	-	-	PUNCT
hassl-827	290	4	dimension	dimension	NOUN
hassl-827	290	5	)	)	PUNCT
hassl-827	290	6	statistic	statistic	NOUN
hassl-827	290	7	prob	prob	NOUN
hassl-827	290	8	.	.	PUNCT
hassl-827	291	1	group	group	PROPN
hassl-827	291	2	rho	rho	ADJ
hassl-827	291	3	-	-	PUNCT
hassl-827	291	4	statistic	statistic	ADJ
hassl-827	291	5	-0.729541	-0.729541	NOUN
hassl-827	291	6	0.0328	0.0328	NUM
hassl-827	291	7	group	group	NOUN
hassl-827	291	8	pp	pp	CCONJ
hassl-827	291	9	-	-	PUNCT
hassl-827	291	10	statistic	statistic	NOUN
hassl-827	291	11	-0.974188	-0.974188	NOUN
hassl-827	291	12	0.0150	0.0150	NUM
hassl-827	291	13	group	group	NOUN
hassl-827	291	14	adf	adf	PROPN
hassl-827	291	15	-	-	PUNCT
hassl-827	291	16	statistic	statistic	PROPN
hassl-827	291	17	-0.612031	-0.612031	NOUN
hassl-827	291	18	0.2703	0.2703	NUM
hassl-827	291	19	source	source	NOUN
hassl-827	291	20	:	:	PUNCT
hassl-827	291	21	authors‟	authors‟	NOUN
hassl-827	291	22	own	own	ADJ
hassl-827	291	23	elaboration	elaboration	NOUN
hassl-827	291	24	.	.	PUNCT
hassl-827	292	1	humanities	humanity	NOUN
hassl-827	292	2	and	and	CCONJ
hassl-827	292	3	social	social	ADJ
hassl-827	292	4	sciences	science	NOUN
hassl-827	292	5	letters	letter	NOUN
hassl-827	292	6	,	,	PUNCT
hassl-827	292	7	2019	2019	NUM
hassl-827	292	8	,	,	PUNCT
hassl-827	292	9	7(3	7(3	NUM
hassl-827	292	10	):	):	PUNCT
hassl-827	292	11	167	167	NUM
hassl-827	292	12	-	-	SYM
hassl-827	292	13	180	180	NUM
hassl-827	292	14	177	177	NUM
hassl-827	292	15	©	©	PROPN
hassl-827	292	16	2019	2019	NUM
hassl-827	292	17	conscientia	conscientia	PROPN
hassl-827	292	18	beam	beam	PROPN
hassl-827	292	19	.	.	PUNCT
hassl-827	293	1	all	all	DET
hassl-827	293	2	rights	right	NOUN
hassl-827	293	3	reserved	reserve	VERB
hassl-827	293	4	.	.	PUNCT
hassl-827	294	1	table	table	NOUN
hassl-827	294	2	3	3	NUM
hassl-827	294	3	and	and	CCONJ
hassl-827	294	4	4	4	NUM
hassl-827	294	5	shows	show	VERB
hassl-827	294	6	that	that	SCONJ
hassl-827	294	7	for	for	ADP
hassl-827	294	8	the	the	DET
hassl-827	294	9	panel	panel	NOUN
hassl-827	294	10	v	v	NOUN
hassl-827	294	11	-	-	PUNCT
hassl-827	294	12	statistic	statistic	ADJ
hassl-827	294	13	,	,	PUNCT
hassl-827	294	14	panel	panel	NOUN
hassl-827	294	15	pp	pp	ADJ
hassl-827	294	16	-	-	PUNCT
hassl-827	294	17	statistic	statistic	NOUN
hassl-827	294	18	,	,	PUNCT
hassl-827	294	19	panel	panel	NOUN
hassl-827	294	20	adf	adf	PROPN
hassl-827	294	21	-	-	PUNCT
hassl-827	294	22	statistic	statistic	NOUN
hassl-827	294	23	,	,	PUNCT
hassl-827	294	24	group	group	NOUN
hassl-827	294	25	pp	pp	NOUN
hassl-827	294	26	-	-	PUNCT
hassl-827	294	27	statistic	statistic	NOUN
hassl-827	294	28	and	and	CCONJ
hassl-827	294	29	group	group	NOUN
hassl-827	294	30	adf	adf	PROPN
hassl-827	294	31	-	-	PUNCT
hassl-827	294	32	statistic	statistic	NOUN
hassl-827	294	33	probabilities	probability	NOUN
hassl-827	294	34	the	the	DET
hassl-827	294	35	p	p	ADJ
hassl-827	294	36	values	value	NOUN
hassl-827	294	37	were	be	AUX
hassl-827	294	38	below	below	ADP
hassl-827	294	39	5	5	NUM
hassl-827	294	40	percent	percent	NOUN
hassl-827	294	41	which	which	PRON
hassl-827	294	42	indicated	indicate	VERB
hassl-827	294	43	that	that	SCONJ
hassl-827	294	44	the	the	DET
hassl-827	294	45	null	null	ADJ
hassl-827	294	46	hypothesis	hypothesis	NOUN
hassl-827	294	47	was	be	AUX
hassl-827	294	48	rejected	reject	VERB
hassl-827	294	49	and	and	CCONJ
hassl-827	294	50	the	the	DET
hassl-827	294	51	alternative	alternative	ADJ
hassl-827	294	52	hypothesis	hypothesis	NOUN
hassl-827	294	53	was	be	AUX
hassl-827	294	54	accepted	accept	VERB
hassl-827	294	55	.	.	PUNCT
hassl-827	295	1	and	and	CCONJ
hassl-827	295	2	though	though	SCONJ
hassl-827	295	3	the	the	DET
hassl-827	295	4	panel	panel	NOUN
hassl-827	295	5	rho	rho	NOUN
hassl-827	295	6	-	-	PUNCT
hassl-827	295	7	statistic	statistic	ADJ
hassl-827	295	8	and	and	CCONJ
hassl-827	295	9	group	group	NOUN
hassl-827	295	10	rhostatistic	rhostatistic	ADJ
hassl-827	295	11	probability	probability	NOUN
hassl-827	295	12	p	p	NOUN
hassl-827	295	13	values	value	NOUN
hassl-827	295	14	were	be	AUX
hassl-827	295	15	greater	great	ADJ
hassl-827	295	16	than	than	ADP
hassl-827	295	17	5	5	NUM
hassl-827	295	18	percent	percent	NOUN
hassl-827	295	19	we	we	PRON
hassl-827	295	20	accepted	accept	VERB
hassl-827	295	21	the	the	DET
hassl-827	295	22	null	null	ADJ
hassl-827	295	23	hypothesis	hypothesis	NOUN
hassl-827	295	24	and	and	CCONJ
hassl-827	295	25	rejected	reject	VERB
hassl-827	295	26	the	the	DET
hassl-827	295	27	alternative	alternative	ADJ
hassl-827	295	28	hypothesis	hypothesis	NOUN
hassl-827	295	29	.	.	PUNCT
hassl-827	296	1	4.3	4.3	NUM
hassl-827	296	2	.	.	X
hassl-827	296	3	elasticity	elasticity	PROPN
hassl-827	296	4	table-5	table-5	PROPN
hassl-827	296	5	.	.	PUNCT
hassl-827	297	1	the	the	DET
hassl-827	297	2	long	long	ADJ
hassl-827	297	3	term	term	NOUN
hassl-827	297	4	interest	interest	NOUN
hassl-827	297	5	rate	rate	NOUN
hassl-827	297	6	elasticities	elasticity	NOUN
hassl-827	297	7	(	(	PUNCT
hassl-827	297	8	duration	duration	NOUN
hassl-827	297	9	)	)	PUNCT
hassl-827	297	10	of	of	ADP
hassl-827	297	11	bank‟s	bank‟s	ADJ
hassl-827	297	12	share	share	NOUN
hassl-827	297	13	prices	price	NOUN
hassl-827	297	14	(	(	PUNCT
hassl-827	297	15	us	us	PROPN
hassl-827	297	16	,	,	PUNCT
hassl-827	297	17	uk	uk	PROPN
hassl-827	297	18	and	and	CCONJ
hassl-827	297	19	australia	australia	PROPN
hassl-827	297	20	)	)	PUNCT
hassl-827	297	21	.	.	PUNCT
hassl-827	298	1	country	country	PROPN
hassl-827	298	2	elasticity	elasticity	PROPN
hassl-827	298	3	s.e	s.e	PROPN
hassl-827	298	4	.	.	PROPN
hassl-827	298	5	t	t	PROPN
hassl-827	298	6	-	-	PUNCT
hassl-827	298	7	statistics	statistic	NOUN
hassl-827	298	8	p	p	NOUN
hassl-827	298	9	-	-	PUNCT
hassl-827	298	10	value	value	NOUN
hassl-827	298	11	us	us	PROPN
hassl-827	298	12	-1.111	-1.111	PROPN
hassl-827	298	13	0.247	0.247	NUM
hassl-827	298	14	5.324	5.324	NUM
hassl-827	298	15	0.0000	0.0000	NUM
hassl-827	298	16	uk	uk	PROPN
hassl-827	298	17	-1.789	-1.789	ADV
hassl-827	298	18	0.402	0.402	NUM
hassl-827	298	19	-6.113	-6.113	NUM
hassl-827	298	20	0.0000	0.0000	NUM
hassl-827	298	21	australia	australia	PROPN
hassl-827	298	22	-0.890	-0.890	PROPN
hassl-827	298	23	0.514	0.514	NUM
hassl-827	298	24	-2.941	-2.941	NUM
hassl-827	298	25	0.0013	0.0013	NUM
hassl-827	298	26	source	source	NOUN
hassl-827	298	27	:	:	PUNCT
hassl-827	298	28	authors‟	authors‟	NUM
hassl-827	298	29	own	own	ADJ
hassl-827	298	30	elaboration	elaboration	NOUN
hassl-827	298	31	.	.	PUNCT
hassl-827	299	1	as	as	SCONJ
hassl-827	299	2	shown	show	VERB
hassl-827	299	3	in	in	ADP
hassl-827	299	4	table	table	NOUN
hassl-827	299	5	5	5	NUM
hassl-827	299	6	there	there	PRON
hassl-827	299	7	was	be	VERB
hassl-827	299	8	a	a	DET
hassl-827	299	9	negative	negative	ADJ
hassl-827	299	10	relationship	relationship	NOUN
hassl-827	299	11	between	between	ADP
hassl-827	299	12	the	the	DET
hassl-827	299	13	equity	equity	NOUN
hassl-827	299	14	prices	price	NOUN
hassl-827	299	15	of	of	ADP
hassl-827	299	16	banks	bank	NOUN
hassl-827	299	17	and	and	CCONJ
hassl-827	299	18	interest	interest	NOUN
hassl-827	299	19	rates	rate	NOUN
hassl-827	299	20	.	.	PUNCT
hassl-827	300	1	we	we	PRON
hassl-827	300	2	analyzed	analyze	VERB
hassl-827	300	3	the	the	DET
hassl-827	300	4	elasticity	elasticity	NOUN
hassl-827	300	5	of	of	ADP
hassl-827	300	6	the	the	DET
hassl-827	300	7	developed	develop	VERB
hassl-827	300	8	countries	country	NOUN
hassl-827	300	9	in	in	ADP
hassl-827	300	10	the	the	DET
hassl-827	300	11	table	table	NOUN
hassl-827	300	12	5	5	NUM
hassl-827	300	13	by	by	ADP
hassl-827	300	14	using	use	VERB
hassl-827	300	15	the	the	DET
hassl-827	300	16	gmm	gmm	NOUN
hassl-827	300	17	with	with	ADP
hassl-827	300	18	the	the	DET
hassl-827	300	19	t	t	PROPN
hassl-827	300	20	-	-	PUNCT
hassl-827	300	21	statistics	statistic	NOUN
hassl-827	300	22	,	,	PUNCT
hassl-827	300	23	standard	standard	ADJ
hassl-827	300	24	error	error	NOUN
hassl-827	300	25	,	,	PUNCT
hassl-827	300	26	p	p	NOUN
hassl-827	300	27	-	-	PUNCT
hassl-827	300	28	values	value	NOUN
hassl-827	300	29	and	and	CCONJ
hassl-827	300	30	elasticities	elasticity	NOUN
hassl-827	300	31	.	.	PUNCT
hassl-827	301	1	our	our	PRON
hassl-827	301	2	result	result	NOUN
hassl-827	301	3	showed	show	VERB
hassl-827	301	4	a	a	DET
hassl-827	301	5	negative	negative	ADJ
hassl-827	301	6	relationship	relationship	NOUN
hassl-827	301	7	between	between	ADP
hassl-827	301	8	all	all	DET
hassl-827	301	9	the	the	DET
hassl-827	301	10	coefficients	coefficient	NOUN
hassl-827	301	11	which	which	PRON
hassl-827	301	12	indicated	indicate	VERB
hassl-827	301	13	that	that	SCONJ
hassl-827	301	14	the	the	DET
hassl-827	301	15	share	share	NOUN
hassl-827	301	16	prices	price	NOUN
hassl-827	301	17	of	of	ADP
hassl-827	301	18	banks	bank	NOUN
hassl-827	301	19	responds	respond	VERB
hassl-827	301	20	in	in	ADP
hassl-827	301	21	the	the	DET
hassl-827	301	22	opposite	opposite	ADJ
hassl-827	301	23	direction	direction	NOUN
hassl-827	301	24	to	to	ADP
hassl-827	301	25	the	the	DET
hassl-827	301	26	interest	interest	NOUN
hassl-827	301	27	rates	rate	NOUN
hassl-827	301	28	.	.	PUNCT
hassl-827	302	1	the	the	DET
hassl-827	302	2	highest	high	ADJ
hassl-827	302	3	elasticity	elasticity	NOUN
hassl-827	302	4	as	as	SCONJ
hassl-827	302	5	shown	show	VERB
hassl-827	302	6	in	in	ADP
hassl-827	302	7	our	our	PRON
hassl-827	302	8	table	table	NOUN
hassl-827	302	9	was	be	AUX
hassl-827	302	10	that	that	PRON
hassl-827	302	11	of	of	ADP
hassl-827	302	12	the	the	DET
hassl-827	302	13	uk	uk	PROPN
hassl-827	302	14	(	(	PUNCT
hassl-827	302	15	1.789	1.789	NUM
hassl-827	302	16	)	)	PUNCT
hassl-827	302	17	,	,	PUNCT
hassl-827	302	18	then	then	ADV
hassl-827	302	19	the	the	DET
hassl-827	302	20	us	us	PROPN
hassl-827	302	21	(	(	PUNCT
hassl-827	302	22	1.111	1.111	NUM
hassl-827	302	23	)	)	PUNCT
hassl-827	302	24	and	and	CCONJ
hassl-827	302	25	then	then	ADV
hassl-827	302	26	australia	australia	PROPN
hassl-827	302	27	(	(	PUNCT
hassl-827	302	28	0.890	0.890	NUM
hassl-827	302	29	)	)	PUNCT
hassl-827	302	30	.	.	PUNCT
hassl-827	303	1	that	that	PRON
hassl-827	303	2	means	mean	VERB
hassl-827	303	3	that	that	SCONJ
hassl-827	303	4	the	the	DET
hassl-827	303	5	uk	uk	PROPN
hassl-827	303	6	in	in	ADP
hassl-827	303	7	terms	term	NOUN
hassl-827	303	8	of	of	ADP
hassl-827	303	9	bank	bank	NOUN
hassl-827	303	10	shares	share	NOUN
hassl-827	303	11	took	take	VERB
hassl-827	303	12	the	the	DET
hassl-827	303	13	longest	long	ADJ
hassl-827	303	14	time	time	NOUN
hassl-827	303	15	to	to	PART
hassl-827	303	16	recover	recover	VERB
hassl-827	303	17	any	any	DET
hassl-827	303	18	investment	investment	NOUN
hassl-827	303	19	while	while	SCONJ
hassl-827	303	20	australia	australia	PROPN
hassl-827	303	21	took	take	VERB
hassl-827	303	22	the	the	DET
hassl-827	303	23	shortest	short	ADJ
hassl-827	303	24	time	time	NOUN
hassl-827	303	25	.	.	PUNCT
hassl-827	304	1	these	these	DET
hassl-827	304	2	results	result	NOUN
hassl-827	304	3	indicated	indicate	VERB
hassl-827	304	4	that	that	SCONJ
hassl-827	304	5	banks	bank	NOUN
hassl-827	304	6	in	in	ADP
hassl-827	304	7	australia	australia	PROPN
hassl-827	304	8	were	be	AUX
hassl-827	304	9	leading	lead	VERB
hassl-827	304	10	in	in	ADP
hassl-827	304	11	terms	term	NOUN
hassl-827	304	12	of	of	ADP
hassl-827	304	13	making	make	VERB
hassl-827	304	14	profits	profit	NOUN
hassl-827	304	15	and	and	CCONJ
hassl-827	304	16	that	that	SCONJ
hassl-827	304	17	the	the	DET
hassl-827	304	18	uk	uk	PROPN
hassl-827	304	19	were	be	AUX
hassl-827	304	20	lagging	lag	VERB
hassl-827	304	21	and	and	CCONJ
hassl-827	304	22	that	that	SCONJ
hassl-827	304	23	the	the	DET
hassl-827	304	24	shares	share	NOUN
hassl-827	304	25	of	of	ADP
hassl-827	304	26	banks	bank	NOUN
hassl-827	304	27	were	be	AUX
hassl-827	304	28	the	the	DET
hassl-827	304	29	most	most	ADV
hassl-827	304	30	sensitive	sensitive	ADJ
hassl-827	304	31	to	to	ADP
hassl-827	304	32	interest	interest	NOUN
hassl-827	304	33	rates	rate	NOUN
hassl-827	304	34	in	in	ADP
hassl-827	304	35	the	the	DET
hassl-827	304	36	uk	uk	PROPN
hassl-827	304	37	and	and	CCONJ
hassl-827	304	38	least	least	ADJ
hassl-827	304	39	so	so	ADV
hassl-827	304	40	in	in	ADP
hassl-827	304	41	australia	australia	PROPN
hassl-827	304	42	.	.	PUNCT
hassl-827	305	1	banks	bank	NOUN
hassl-827	305	2	in	in	ADP
hassl-827	305	3	the	the	DET
hassl-827	305	4	uk	uk	PROPN
hassl-827	305	5	were	be	AUX
hassl-827	305	6	the	the	DET
hassl-827	305	7	least	least	ADV
hassl-827	305	8	profitable	profitable	ADJ
hassl-827	305	9	while	while	SCONJ
hassl-827	305	10	those	those	PRON
hassl-827	305	11	in	in	ADP
hassl-827	305	12	the	the	DET
hassl-827	305	13	us	us	PROPN
hassl-827	305	14	were	be	AUX
hassl-827	305	15	the	the	DET
hassl-827	305	16	most	most	ADV
hassl-827	305	17	profitable	profitable	ADJ
hassl-827	305	18	.	.	PUNCT
hassl-827	306	1	the	the	DET
hassl-827	306	2	stocks	stock	NOUN
hassl-827	306	3	were	be	AUX
hassl-827	306	4	generally	generally	ADV
hassl-827	306	5	sensitive	sensitive	ADJ
hassl-827	306	6	to	to	ADP
hassl-827	306	7	interest	interest	NOUN
hassl-827	306	8	rates	rate	NOUN
hassl-827	306	9	because	because	SCONJ
hassl-827	306	10	there	there	PRON
hassl-827	306	11	was	be	VERB
hassl-827	306	12	an	an	DET
hassl-827	306	13	inverse	inverse	NOUN
hassl-827	306	14	relationship	relationship	NOUN
hassl-827	306	15	between	between	ADP
hassl-827	306	16	stocks	stock	NOUN
hassl-827	306	17	and	and	CCONJ
hassl-827	306	18	interest	interest	NOUN
hassl-827	306	19	rate	rate	NOUN
hassl-827	306	20	changes	change	NOUN
hassl-827	306	21	(	(	PUNCT
hassl-827	306	22	alam	alam	PROPN
hassl-827	306	23	and	and	CCONJ
hassl-827	306	24	uddin	uddin	PROPN
hassl-827	306	25	,	,	PUNCT
hassl-827	306	26	2009	2009	NUM
hassl-827	306	27	)	)	PUNCT
hassl-827	306	28	.	.	PUNCT
hassl-827	307	1	table-6	table-6	PROPN
hassl-827	307	2	.	.	PUNCT
hassl-827	308	1	the	the	DET
hassl-827	308	2	long	long	ADJ
hassl-827	308	3	term	term	NOUN
hassl-827	308	4	interest	interest	NOUN
hassl-827	308	5	rate	rate	NOUN
hassl-827	308	6	elasticities	elasticity	NOUN
hassl-827	308	7	(	(	PUNCT
hassl-827	308	8	duration	duration	NOUN
hassl-827	308	9	)	)	PUNCT
hassl-827	308	10	of	of	ADP
hassl-827	308	11	bank‟s	bank‟s	ADJ
hassl-827	308	12	share	share	NOUN
hassl-827	308	13	prices	price	NOUN
hassl-827	308	14	(	(	PUNCT
hassl-827	308	15	pakistan	pakistan	PROPN
hassl-827	308	16	,	,	PUNCT
hassl-827	308	17	india	india	PROPN
hassl-827	308	18	and	and	CCONJ
hassl-827	308	19	china	china	PROPN
hassl-827	308	20	)	)	PUNCT
hassl-827	308	21	.	.	PUNCT
hassl-827	309	1	country	country	PROPN
hassl-827	309	2	elasticity	elasticity	PROPN
hassl-827	309	3	s.e	s.e	PROPN
hassl-827	309	4	.	.	PROPN
hassl-827	309	5	t	t	PROPN
hassl-827	309	6	-	-	PUNCT
hassl-827	309	7	statistics	statistic	NOUN
hassl-827	309	8	p	p	ADJ
hassl-827	309	9	-	-	PUNCT
hassl-827	309	10	value	value	NOUN
hassl-827	309	11	pakistan	pakistan	PROPN
hassl-827	309	12	-0.591	-0.591	NOUN
hassl-827	309	13	0.303	0.303	NUM
hassl-827	309	14	-3.483	-3.483	NOUN
hassl-827	309	15	0.0001	0.0001	NUM
hassl-827	309	16	india	india	PROPN
hassl-827	309	17	-0.897	-0.897	PUNCT
hassl-827	309	18	0.200	0.200	NUM
hassl-827	309	19	3.148	3.148	NUM
hassl-827	309	20	0.0000	0.0000	NUM
hassl-827	309	21	china	china	NOUN
hassl-827	309	22	-1.455	-1.455	NUM
hassl-827	310	1	.0178	.0178	NOUN
hassl-827	310	2	-5.746	-5.746	NUM
hassl-827	311	1	0.0030	0.0030	NUM
hassl-827	311	2	source	source	NOUN
hassl-827	311	3	:	:	PUNCT
hassl-827	311	4	authors‟	authors‟	NOUN
hassl-827	311	5	own	own	ADJ
hassl-827	311	6	elaboration	elaboration	NOUN
hassl-827	311	7	.	.	PUNCT
hassl-827	312	1	as	as	SCONJ
hassl-827	312	2	shown	show	VERB
hassl-827	312	3	in	in	ADP
hassl-827	312	4	table	table	NOUN
hassl-827	312	5	6	6	NUM
hassl-827	312	6	there	there	PRON
hassl-827	312	7	was	be	VERB
hassl-827	312	8	a	a	DET
hassl-827	312	9	negative	negative	ADJ
hassl-827	312	10	relationship	relationship	NOUN
hassl-827	312	11	between	between	ADP
hassl-827	312	12	equity	equity	NOUN
hassl-827	312	13	prices	price	NOUN
hassl-827	312	14	of	of	ADP
hassl-827	312	15	banks	bank	NOUN
hassl-827	312	16	and	and	CCONJ
hassl-827	312	17	interest	interest	NOUN
hassl-827	312	18	rates	rate	NOUN
hassl-827	312	19	.	.	PUNCT
hassl-827	313	1	we	we	PRON
hassl-827	313	2	analyzed	analyze	VERB
hassl-827	313	3	the	the	DET
hassl-827	313	4	elasticity	elasticity	NOUN
hassl-827	313	5	of	of	ADP
hassl-827	313	6	the	the	DET
hassl-827	313	7	emerging	emerge	VERB
hassl-827	313	8	countries	country	NOUN
hassl-827	313	9	in	in	ADP
hassl-827	313	10	the	the	DET
hassl-827	313	11	table	table	NOUN
hassl-827	313	12	6	6	NUM
hassl-827	313	13	by	by	ADP
hassl-827	313	14	using	use	VERB
hassl-827	313	15	the	the	DET
hassl-827	313	16	gmm	gmm	NOUN
hassl-827	313	17	with	with	ADP
hassl-827	313	18	the	the	DET
hassl-827	313	19	t	t	PROPN
hassl-827	313	20	-	-	PUNCT
hassl-827	313	21	statistics	statistic	NOUN
hassl-827	313	22	,	,	PUNCT
hassl-827	313	23	standard	standard	ADJ
hassl-827	313	24	error	error	NOUN
hassl-827	313	25	,	,	PUNCT
hassl-827	313	26	p	p	NOUN
hassl-827	313	27	-	-	PUNCT
hassl-827	313	28	values	value	NOUN
hassl-827	313	29	and	and	CCONJ
hassl-827	313	30	elasticities	elasticity	NOUN
hassl-827	313	31	.	.	PUNCT
hassl-827	314	1	our	our	PRON
hassl-827	314	2	result	result	NOUN
hassl-827	314	3	showed	show	VERB
hassl-827	314	4	a	a	DET
hassl-827	314	5	negative	negative	ADJ
hassl-827	314	6	relationship	relationship	NOUN
hassl-827	314	7	between	between	ADP
hassl-827	314	8	all	all	DET
hassl-827	314	9	the	the	DET
hassl-827	314	10	coefficients	coefficient	NOUN
hassl-827	314	11	which	which	PRON
hassl-827	314	12	indicated	indicate	VERB
hassl-827	314	13	that	that	SCONJ
hassl-827	314	14	the	the	DET
hassl-827	314	15	share	share	NOUN
hassl-827	314	16	prices	price	NOUN
hassl-827	314	17	of	of	ADP
hassl-827	314	18	banks	bank	NOUN
hassl-827	314	19	responds	respond	VERB
hassl-827	314	20	in	in	ADP
hassl-827	314	21	the	the	DET
hassl-827	314	22	opposite	opposite	ADJ
hassl-827	314	23	direction	direction	NOUN
hassl-827	314	24	to	to	ADP
hassl-827	314	25	the	the	DET
hassl-827	314	26	interest	interest	NOUN
hassl-827	314	27	rates	rate	NOUN
hassl-827	314	28	.	.	PUNCT
hassl-827	315	1	the	the	DET
hassl-827	315	2	highest	high	ADJ
hassl-827	315	3	elasticity	elasticity	NOUN
hassl-827	315	4	as	as	SCONJ
hassl-827	315	5	shown	show	VERB
hassl-827	315	6	in	in	ADP
hassl-827	315	7	our	our	PRON
hassl-827	315	8	table	table	NOUN
hassl-827	315	9	is	be	AUX
hassl-827	315	10	that	that	PRON
hassl-827	315	11	of	of	ADP
hassl-827	315	12	china	china	PROPN
hassl-827	315	13	(	(	PUNCT
hassl-827	315	14	1.455	1.455	NUM
hassl-827	315	15	)	)	PUNCT
hassl-827	315	16	,	,	PUNCT
hassl-827	315	17	then	then	ADV
hassl-827	315	18	india	india	PROPN
hassl-827	315	19	(	(	PUNCT
hassl-827	315	20	0.897	0.897	NUM
hassl-827	315	21	)	)	PUNCT
hassl-827	315	22	and	and	CCONJ
hassl-827	315	23	then	then	ADV
hassl-827	315	24	pakistan	pakistan	PROPN
hassl-827	315	25	(	(	PUNCT
hassl-827	315	26	0.591	0.591	NUM
hassl-827	315	27	)	)	PUNCT
hassl-827	315	28	.	.	PUNCT
hassl-827	316	1	that	that	PRON
hassl-827	316	2	means	mean	VERB
hassl-827	316	3	that	that	SCONJ
hassl-827	316	4	china	china	PROPN
hassl-827	316	5	in	in	ADP
hassl-827	316	6	terms	term	NOUN
hassl-827	316	7	of	of	ADP
hassl-827	316	8	bank	bank	NOUN
hassl-827	316	9	shares	share	NOUN
hassl-827	316	10	took	take	VERB
hassl-827	316	11	the	the	DET
hassl-827	316	12	longest	long	ADJ
hassl-827	316	13	time	time	NOUN
hassl-827	316	14	to	to	PART
hassl-827	316	15	recover	recover	VERB
hassl-827	316	16	any	any	DET
hassl-827	316	17	investment	investment	NOUN
hassl-827	316	18	while	while	SCONJ
hassl-827	316	19	pakistan	pakistan	PROPN
hassl-827	316	20	took	take	VERB
hassl-827	316	21	the	the	DET
hassl-827	316	22	shortest	short	ADJ
hassl-827	316	23	time	time	NOUN
hassl-827	316	24	.	.	PUNCT
hassl-827	317	1	these	these	DET
hassl-827	317	2	results	result	NOUN
hassl-827	317	3	indicated	indicate	VERB
hassl-827	317	4	that	that	SCONJ
hassl-827	317	5	banks	bank	NOUN
hassl-827	317	6	in	in	ADP
hassl-827	317	7	pakistan	pakistan	PROPN
hassl-827	317	8	were	be	AUX
hassl-827	317	9	leading	lead	VERB
hassl-827	317	10	in	in	ADP
hassl-827	317	11	terms	term	NOUN
hassl-827	317	12	of	of	ADP
hassl-827	317	13	making	make	VERB
hassl-827	317	14	profits	profit	NOUN
hassl-827	317	15	and	and	CCONJ
hassl-827	317	16	banks	bank	NOUN
hassl-827	317	17	in	in	ADP
hassl-827	317	18	china	china	PROPN
hassl-827	317	19	were	be	AUX
hassl-827	317	20	lagging	lag	VERB
hassl-827	317	21	as	as	SCONJ
hassl-827	317	22	shown	show	VERB
hassl-827	317	23	in	in	ADP
hassl-827	317	24	the	the	DET
hassl-827	317	25	results	result	NOUN
hassl-827	317	26	and	and	CCONJ
hassl-827	317	27	that	that	SCONJ
hassl-827	317	28	the	the	DET
hassl-827	317	29	shares	share	NOUN
hassl-827	317	30	of	of	ADP
hassl-827	317	31	banks	bank	NOUN
hassl-827	317	32	were	be	AUX
hassl-827	317	33	the	the	DET
hassl-827	317	34	most	most	ADV
hassl-827	317	35	sensitive	sensitive	ADJ
hassl-827	317	36	towards	towards	ADP
hassl-827	317	37	interest	interest	NOUN
hassl-827	317	38	rates	rate	NOUN
hassl-827	317	39	in	in	ADP
hassl-827	317	40	china	china	PROPN
hassl-827	317	41	and	and	CCONJ
hassl-827	317	42	the	the	DET
hassl-827	317	43	least	least	ADJ
hassl-827	317	44	sensitive	sensitive	ADJ
hassl-827	317	45	in	in	ADP
hassl-827	317	46	pakistan	pakistan	PROPN
hassl-827	317	47	.	.	PUNCT
hassl-827	318	1	when	when	SCONJ
hassl-827	318	2	it	it	PRON
hassl-827	318	3	comes	come	VERB
hassl-827	318	4	to	to	ADP
hassl-827	318	5	the	the	DET
hassl-827	318	6	us	us	PROPN
hassl-827	318	7	banks	bank	NOUN
hassl-827	318	8	there	there	ADV
hassl-827	318	9	was	be	VERB
hassl-827	318	10	a	a	DET
hassl-827	318	11	negative	negative	ADJ
hassl-827	318	12	impact	impact	NOUN
hassl-827	318	13	by	by	ADP
hassl-827	318	14	the	the	DET
hassl-827	318	15	change	change	NOUN
hassl-827	318	16	of	of	ADP
hassl-827	318	17	interest	interest	NOUN
hassl-827	318	18	rate	rate	NOUN
hassl-827	318	19	or	or	CCONJ
hassl-827	318	20	the	the	DET
hassl-827	318	21	fluctuation	fluctuation	NOUN
hassl-827	318	22	in	in	ADP
hassl-827	318	23	interest	interest	NOUN
hassl-827	318	24	rates	rate	NOUN
hassl-827	318	25	on	on	ADP
hassl-827	318	26	the	the	DET
hassl-827	318	27	stock	stock	NOUN
hassl-827	318	28	returns	return	NOUN
hassl-827	318	29	of	of	ADP
hassl-827	318	30	banks	bank	NOUN
hassl-827	318	31	(	(	PUNCT
hassl-827	318	32	lynge	lynge	NOUN
hassl-827	318	33	and	and	CCONJ
hassl-827	318	34	zumwalt	zumwalt	PROPN
hassl-827	318	35	,	,	PUNCT
hassl-827	318	36	1980	1980	NUM
hassl-827	318	37	)	)	PUNCT
hassl-827	318	38	.	.	PUNCT
hassl-827	319	1	humanities	humanity	NOUN
hassl-827	319	2	and	and	CCONJ
hassl-827	319	3	social	social	ADJ
hassl-827	319	4	sciences	science	NOUN
hassl-827	319	5	letters	letter	NOUN
hassl-827	319	6	,	,	PUNCT
hassl-827	319	7	2019	2019	NUM
hassl-827	319	8	,	,	PUNCT
hassl-827	319	9	7(3	7(3	NUM
hassl-827	319	10	):	):	PUNCT
hassl-827	319	11	167	167	NUM
hassl-827	319	12	-	-	SYM
hassl-827	319	13	180	180	NUM
hassl-827	319	14	178	178	NUM
hassl-827	319	15	©	©	PROPN
hassl-827	319	16	2019	2019	NUM
hassl-827	319	17	conscientia	conscientia	PROPN
hassl-827	319	18	beam	beam	PROPN
hassl-827	319	19	.	.	PUNCT
hassl-827	320	1	all	all	DET
hassl-827	320	2	rights	right	NOUN
hassl-827	320	3	reserved	reserve	VERB
hassl-827	320	4	.	.	PUNCT
hassl-827	321	1	5	5	X
hassl-827	321	2	.	.	X
hassl-827	321	3	conclusion	conclusion	NOUN
hassl-827	321	4	using	use	VERB
hassl-827	321	5	the	the	DET
hassl-827	321	6	above	above	ADJ
hassl-827	321	7	approach	approach	NOUN
hassl-827	321	8	and	and	CCONJ
hassl-827	321	9	the	the	DET
hassl-827	321	10	unit	unit	NOUN
hassl-827	321	11	root	root	NOUN
hassl-827	321	12	test	test	NOUN
hassl-827	321	13	we	we	PRON
hassl-827	321	14	found	find	VERB
hassl-827	321	15	that	that	SCONJ
hassl-827	321	16	the	the	DET
hassl-827	321	17	bank	bank	NOUN
hassl-827	321	18	returns	return	VERB
hassl-827	321	19	and	and	CCONJ
hassl-827	321	20	banks	bank	NOUN
hassl-827	321	21	share	share	VERB
hassl-827	321	22	prices	price	NOUN
hassl-827	321	23	are	be	AUX
hassl-827	321	24	negatively	negatively	ADV
hassl-827	321	25	linked	link	VERB
hassl-827	321	26	to	to	ADP
hassl-827	321	27	interest	interest	NOUN
hassl-827	321	28	rate	rate	NOUN
hassl-827	321	29	variations	variation	NOUN
hassl-827	321	30	and	and	CCONJ
hassl-827	321	31	are	be	AUX
hassl-827	321	32	also	also	ADV
hassl-827	321	33	sensitive	sensitive	ADJ
hassl-827	321	34	.	.	PUNCT
hassl-827	322	1	in	in	ADP
hassl-827	322	2	developed	develop	VERB
hassl-827	322	3	countries	country	NOUN
hassl-827	322	4	,	,	PUNCT
hassl-827	322	5	the	the	DET
hassl-827	322	6	bank	bank	NOUN
hassl-827	322	7	shares	share	NOUN
hassl-827	322	8	have	have	VERB
hassl-827	322	9	the	the	DET
hassl-827	322	10	highest	high	ADJ
hassl-827	322	11	duration	duration	NOUN
hassl-827	322	12	in	in	ADP
hassl-827	322	13	the	the	DET
hassl-827	322	14	uk	uk	PROPN
hassl-827	322	15	then	then	ADV
hassl-827	322	16	the	the	DET
hassl-827	322	17	us	us	PROPN
hassl-827	322	18	and	and	CCONJ
hassl-827	322	19	australia	australia	PROPN
hassl-827	322	20	and	and	CCONJ
hassl-827	322	21	in	in	ADP
hassl-827	322	22	emerging	emerge	VERB
hassl-827	322	23	countries	country	NOUN
hassl-827	322	24	,	,	PUNCT
hassl-827	322	25	bank	bank	NOUN
hassl-827	322	26	shares	share	NOUN
hassl-827	322	27	have	have	VERB
hassl-827	322	28	the	the	DET
hassl-827	322	29	highest	high	ADJ
hassl-827	322	30	duration	duration	NOUN
hassl-827	322	31	in	in	ADP
hassl-827	322	32	china	china	PROPN
hassl-827	322	33	,	,	PUNCT
hassl-827	322	34	then	then	ADV
hassl-827	322	35	india	india	PROPN
hassl-827	322	36	and	and	CCONJ
hassl-827	322	37	pakistan	pakistan	PROPN
hassl-827	322	38	.	.	PUNCT
hassl-827	323	1	as	as	SCONJ
hassl-827	323	2	our	our	PRON
hassl-827	323	3	research	research	NOUN
hassl-827	323	4	was	be	AUX
hassl-827	323	5	about	about	ADP
hassl-827	323	6	how	how	SCONJ
hassl-827	323	7	fast	fast	ADJ
hassl-827	323	8	investment	investment	NOUN
hassl-827	323	9	in	in	ADP
hassl-827	323	10	shares	share	NOUN
hassl-827	323	11	is	be	AUX
hassl-827	323	12	recovered	recover	VERB
hassl-827	323	13	,	,	PUNCT
hassl-827	323	14	our	our	PRON
hassl-827	323	15	results	result	NOUN
hassl-827	323	16	showed	show	VERB
hassl-827	323	17	that	that	SCONJ
hassl-827	323	18	banks	bank	NOUN
hassl-827	323	19	in	in	ADP
hassl-827	323	20	australia	australia	PROPN
hassl-827	323	21	and	and	CCONJ
hassl-827	323	22	pakistan	pakistan	PROPN
hassl-827	323	23	are	be	AUX
hassl-827	323	24	the	the	DET
hassl-827	323	25	attractive	attractive	ADJ
hassl-827	323	26	to	to	ADP
hassl-827	323	27	investors	investor	NOUN
hassl-827	323	28	.	.	PUNCT
hassl-827	324	1	this	this	PRON
hassl-827	324	2	seems	seem	VERB
hassl-827	324	3	supported	support	VERB
hassl-827	324	4	by	by	ADP
hassl-827	324	5	the	the	DET
hassl-827	324	6	fact	fact	NOUN
hassl-827	324	7	that	that	SCONJ
hassl-827	324	8	during	during	ADP
hassl-827	324	9	the	the	DET
hassl-827	324	10	2008	2008	NUM
hassl-827	324	11	financial	financial	ADJ
hassl-827	324	12	crisis	crisis	NOUN
hassl-827	324	13	,	,	PUNCT
hassl-827	324	14	most	most	ADJ
hassl-827	324	15	of	of	ADP
hassl-827	324	16	the	the	DET
hassl-827	324	17	world	world	NOUN
hassl-827	324	18	was	be	AUX
hassl-827	324	19	affected	affect	VERB
hassl-827	324	20	but	but	CCONJ
hassl-827	324	21	pakistan	pakistan	PROPN
hassl-827	324	22	and	and	CCONJ
hassl-827	324	23	australia	australia	PROPN
hassl-827	324	24	were	be	AUX
hassl-827	324	25	not	not	PART
hassl-827	324	26	hugely	hugely	ADV
hassl-827	324	27	impacted	impact	VERB
hassl-827	324	28	.	.	PUNCT
hassl-827	325	1	the	the	DET
hassl-827	325	2	reason	reason	NOUN
hassl-827	325	3	behind	behind	ADP
hassl-827	325	4	this	this	PRON
hassl-827	325	5	may	may	AUX
hassl-827	325	6	be	be	AUX
hassl-827	325	7	that	that	SCONJ
hassl-827	325	8	pakistan	pakistan	PROPN
hassl-827	325	9	invested	invest	VERB
hassl-827	325	10	in	in	ADP
hassl-827	325	11	its	its	PRON
hassl-827	325	12	local	local	ADJ
hassl-827	325	13	market	market	NOUN
hassl-827	325	14	.	.	PUNCT
hassl-827	326	1	the	the	DET
hassl-827	326	2	sbp	sbp	PROPN
hassl-827	326	3	,	,	PUNCT
hassl-827	326	4	pakistan‟s	pakistan‟s	SYM
hassl-827	326	5	regulatory	regulatory	ADJ
hassl-827	326	6	authority	authority	NOUN
hassl-827	326	7	and	and	CCONJ
hassl-827	326	8	central	central	ADJ
hassl-827	326	9	bank	bank	NOUN
hassl-827	326	10	,	,	PUNCT
hassl-827	326	11	ruled	rule	VERB
hassl-827	326	12	that	that	SCONJ
hassl-827	326	13	all	all	DET
hassl-827	326	14	financial	financial	ADJ
hassl-827	326	15	institutions	institution	NOUN
hassl-827	326	16	could	could	AUX
hassl-827	326	17	not	not	PART
hassl-827	326	18	invest	invest	VERB
hassl-827	326	19	more	more	ADJ
hassl-827	326	20	than	than	ADP
hassl-827	326	21	10	10	NUM
hassl-827	326	22	percent	percent	NOUN
hassl-827	326	23	of	of	ADP
hassl-827	326	24	equity	equity	NOUN
hassl-827	326	25	on	on	ADP
hassl-827	326	26	foreign	foreign	ADJ
hassl-827	326	27	investment	investment	NOUN
hassl-827	326	28	(	(	PUNCT
hassl-827	326	29	sbp	sbp	NOUN
hassl-827	326	30	-	-	PUNCT
hassl-827	326	31	prudential	prudential	PROPN
hassl-827	326	32	regulation	regulation	NOUN
hassl-827	326	33	)	)	PUNCT
hassl-827	326	34	which	which	PRON
hassl-827	326	35	saved	save	VERB
hassl-827	326	36	pakistan	pakistan	PROPN
hassl-827	326	37	from	from	ADP
hassl-827	326	38	financial	financial	ADJ
hassl-827	326	39	disaster	disaster	NOUN
hassl-827	326	40	.	.	PUNCT
hassl-827	327	1	banks	bank	NOUN
hassl-827	327	2	in	in	ADP
hassl-827	327	3	the	the	DET
hassl-827	327	4	uk	uk	PROPN
hassl-827	327	5	and	and	CCONJ
hassl-827	327	6	china	china	PROPN
hassl-827	327	7	were	be	AUX
hassl-827	327	8	the	the	DET
hassl-827	327	9	least	least	ADJ
hassl-827	327	10	safe	safe	ADJ
hassl-827	327	11	because	because	SCONJ
hassl-827	327	12	they	they	PRON
hassl-827	327	13	invested	invest	VERB
hassl-827	327	14	in	in	ADP
hassl-827	327	15	the	the	DET
hassl-827	327	16	derivative	derivative	ADJ
hassl-827	327	17	market	market	NOUN
hassl-827	327	18	.	.	PUNCT
hassl-827	328	1	in	in	ADP
hassl-827	328	2	the	the	DET
hassl-827	328	3	derivative	derivative	ADJ
hassl-827	328	4	market	market	NOUN
hassl-827	328	5	banks	bank	NOUN
hassl-827	328	6	invest	invest	VERB
hassl-827	328	7	in	in	ADP
hassl-827	328	8	underlying	underlie	VERB
hassl-827	328	9	assets	asset	NOUN
hassl-827	328	10	and	and	CCONJ
hassl-827	328	11	future	future	ADJ
hassl-827	328	12	contracts	contract	NOUN
hassl-827	328	13	but	but	CCONJ
hassl-827	328	14	in	in	ADP
hassl-827	328	15	pakistan	pakistan	PROPN
hassl-827	328	16	and	and	CCONJ
hassl-827	328	17	australia	australia	PROPN
hassl-827	328	18	banks	bank	NOUN
hassl-827	328	19	invest	invest	VERB
hassl-827	328	20	in	in	ADP
hassl-827	328	21	current	current	ADJ
hassl-827	328	22	or	or	CCONJ
hassl-827	328	23	physically	physically	ADV
hassl-827	328	24	available	available	ADJ
hassl-827	328	25	products	product	NOUN
hassl-827	328	26	.	.	PUNCT
hassl-827	329	1	the	the	DET
hassl-827	329	2	results	result	NOUN
hassl-827	329	3	indicated	indicate	VERB
hassl-827	329	4	that	that	SCONJ
hassl-827	329	5	bank	bank	NOUN
hassl-827	329	6	shares	share	NOUN
hassl-827	329	7	in	in	ADP
hassl-827	329	8	the	the	DET
hassl-827	329	9	uk	uk	PROPN
hassl-827	329	10	and	and	CCONJ
hassl-827	329	11	china	china	PROPN
hassl-827	329	12	were	be	AUX
hassl-827	329	13	the	the	DET
hassl-827	329	14	most	most	ADV
hassl-827	329	15	sensitive	sensitive	ADJ
hassl-827	329	16	towards	towards	ADP
hassl-827	329	17	interest	interest	NOUN
hassl-827	329	18	rates	rate	NOUN
hassl-827	329	19	and	and	CCONJ
hassl-827	329	20	then	then	ADV
hassl-827	329	21	in	in	ADP
hassl-827	329	22	india	india	PROPN
hassl-827	329	23	,	,	PUNCT
hassl-827	329	24	the	the	DET
hassl-827	329	25	us	us	PROPN
hassl-827	329	26	and	and	CCONJ
hassl-827	329	27	then	then	ADV
hassl-827	329	28	australia	australia	PROPN
hassl-827	329	29	and	and	CCONJ
hassl-827	329	30	pakistan	pakistan	PROPN
hassl-827	329	31	.	.	PUNCT
hassl-827	330	1	when	when	SCONJ
hassl-827	330	2	central	central	ADJ
hassl-827	330	3	banks	bank	NOUN
hassl-827	330	4	change	change	VERB
hassl-827	330	5	the	the	DET
hassl-827	330	6	interest	interest	NOUN
hassl-827	330	7	rates	rate	NOUN
hassl-827	330	8	it	it	PRON
hassl-827	330	9	will	will	AUX
hassl-827	330	10	have	have	VERB
hassl-827	330	11	the	the	DET
hassl-827	330	12	highest	high	ADJ
hassl-827	330	13	impact	impact	NOUN
hassl-827	330	14	on	on	ADP
hassl-827	330	15	the	the	DET
hassl-827	330	16	banks	bank	NOUN
hassl-827	330	17	in	in	ADP
hassl-827	330	18	china	china	PROPN
hassl-827	330	19	and	and	CCONJ
hassl-827	330	20	the	the	DET
hassl-827	330	21	uk	uk	PROPN
hassl-827	330	22	and	and	CCONJ
hassl-827	330	23	the	the	DET
hassl-827	330	24	least	least	ADJ
hassl-827	330	25	impact	impact	NOUN
hassl-827	330	26	in	in	ADP
hassl-827	330	27	pakistan	pakistan	PROPN
hassl-827	330	28	and	and	CCONJ
hassl-827	330	29	australia	australia	PROPN
hassl-827	330	30	.	.	PUNCT
hassl-827	331	1	pakistan	pakistan	PROPN
hassl-827	331	2	and	and	CCONJ
hassl-827	331	3	australia	australia	PROPN
hassl-827	331	4	have	have	VERB
hassl-827	331	5	less	less	ADJ
hassl-827	331	6	interest	interest	NOUN
hassl-827	331	7	rate	rate	NOUN
hassl-827	331	8	risk	risk	NOUN
hassl-827	331	9	than	than	ADP
hassl-827	331	10	the	the	DET
hassl-827	331	11	uk	uk	PROPN
hassl-827	331	12	and	and	CCONJ
hassl-827	331	13	china	china	PROPN
hassl-827	331	14	which	which	PRON
hassl-827	331	15	means	mean	VERB
hassl-827	331	16	pakistan	pakistan	PROPN
hassl-827	331	17	and	and	CCONJ
hassl-827	331	18	australia	australia	PROPN
hassl-827	331	19	as	as	SCONJ
hassl-827	331	20	compared	compare	VERB
hassl-827	331	21	to	to	ADP
hassl-827	331	22	the	the	DET
hassl-827	331	23	uk	uk	PROPN
hassl-827	331	24	and	and	CCONJ
hassl-827	331	25	china	china	PROPN
hassl-827	331	26	have	have	VERB
hassl-827	331	27	the	the	DET
hassl-827	331	28	lowest	low	ADJ
hassl-827	331	29	need	need	NOUN
hassl-827	331	30	for	for	ADP
hassl-827	331	31	hedging	hedging	NOUN
hassl-827	331	32	.	.	PUNCT
hassl-827	332	1	funding	funding	NOUN
hassl-827	332	2	:	:	PUNCT
hassl-827	332	3	this	this	DET
hassl-827	332	4	study	study	NOUN
hassl-827	332	5	received	receive	VERB
hassl-827	332	6	no	no	DET
hassl-827	332	7	specific	specific	ADJ
hassl-827	332	8	financial	financial	ADJ
hassl-827	332	9	support	support	NOUN
hassl-827	332	10	.	.	PUNCT
hassl-827	333	1	competing	compete	VERB
hassl-827	333	2	interests	interest	NOUN
hassl-827	333	3	:	:	PUNCT
hassl-827	333	4	the	the	DET
hassl-827	333	5	authors	author	NOUN
hassl-827	333	6	declare	declare	VERB
hassl-827	333	7	that	that	SCONJ
hassl-827	333	8	they	they	PRON
hassl-827	333	9	have	have	VERB
hassl-827	333	10	no	no	DET
hassl-827	333	11	competing	compete	VERB
hassl-827	333	12	interests	interest	NOUN
hassl-827	333	13	.	.	PUNCT
hassl-827	334	1	acknowledgement	acknowledgement	NOUN
hassl-827	334	2	:	:	PUNCT
hassl-827	334	3	all	all	DET
hassl-827	334	4	authors	author	NOUN
hassl-827	334	5	contributed	contribute	VERB
hassl-827	334	6	equally	equally	ADV
hassl-827	334	7	to	to	ADP
hassl-827	334	8	the	the	DET
hassl-827	334	9	conception	conception	NOUN
hassl-827	334	10	and	and	CCONJ
hassl-827	334	11	design	design	NOUN
hassl-827	334	12	of	of	ADP
hassl-827	334	13	the	the	DET
hassl-827	334	14	study	study	NOUN
hassl-827	334	15	.	.	PUNCT
hassl-827	335	1	references	reference	NOUN
hassl-827	335	2	abugri	abugri	PROPN
hassl-827	335	3	,	,	PUNCT
hassl-827	335	4	b.a	b.a	PROPN
hassl-827	335	5	.	.	PROPN
hassl-827	335	6	,	,	PUNCT
hassl-827	335	7	2008	2008	NUM
hassl-827	335	8	.	.	PUNCT
hassl-827	336	1	empirical	empirical	ADJ
hassl-827	336	2	relationship	relationship	NOUN
hassl-827	336	3	between	between	ADP
hassl-827	336	4	macroeconomic	macroeconomic	ADJ
hassl-827	336	5	volatility	volatility	NOUN
hassl-827	336	6	and	and	CCONJ
hassl-827	336	7	stock	stock	NOUN
hassl-827	336	8	returns	return	NOUN
hassl-827	336	9	:	:	PUNCT
hassl-827	336	10	evidence	evidence	NOUN
hassl-827	336	11	from	from	ADP
hassl-827	336	12	latin	latin	ADJ
hassl-827	336	13	american	american	ADJ
hassl-827	336	14	markets	market	NOUN
hassl-827	336	15	.	.	PUNCT
hassl-827	337	1	international	international	ADJ
hassl-827	337	2	review	review	NOUN
hassl-827	337	3	of	of	ADP
hassl-827	337	4	financial	financial	ADJ
hassl-827	337	5	analysis	analysis	NOUN
hassl-827	337	6	,	,	PUNCT
hassl-827	337	7	17(2	17(2	NUM
hassl-827	337	8	):	):	PUNCT
hassl-827	337	9	396-410.available	396-410.available	NUM
hassl-827	337	10	at	at	ADP
hassl-827	337	11	:	:	PUNCT
hassl-827	337	12	https://doi.org/10.1016/j.irfa.2006.09.002	https://doi.org/10.1016/j.irfa.2006.09.002	PROPN
hassl-827	337	13	.	.	PUNCT
hassl-827	338	1	acharya	acharya	PROPN
hassl-827	338	2	,	,	PUNCT
hassl-827	338	3	v.v	v.v	PROPN
hassl-827	338	4	.	.	PROPN
hassl-827	338	5	and	and	CCONJ
hassl-827	338	6	j.n	j.n	PROPN
hassl-827	338	7	.	.	PROPN
hassl-827	338	8	carpenter	carpenter	PROPN
hassl-827	338	9	,	,	PUNCT
hassl-827	338	10	2002	2002	NUM
hassl-827	338	11	.	.	PUNCT
hassl-827	339	1	corporate	corporate	ADJ
hassl-827	339	2	bond	bond	NOUN
hassl-827	339	3	valuation	valuation	NOUN
hassl-827	339	4	and	and	CCONJ
hassl-827	339	5	hedging	hedge	VERB
hassl-827	339	6	with	with	ADP
hassl-827	339	7	stochastic	stochastic	ADJ
hassl-827	339	8	interest	interest	NOUN
hassl-827	339	9	rates	rate	NOUN
hassl-827	339	10	and	and	CCONJ
hassl-827	339	11	endogenous	endogenous	ADJ
hassl-827	339	12	bankruptcy	bankruptcy	NOUN
hassl-827	339	13	.	.	PUNCT
hassl-827	340	1	the	the	DET
hassl-827	340	2	review	review	NOUN
hassl-827	340	3	of	of	ADP
hassl-827	340	4	financial	financial	ADJ
hassl-827	340	5	studies	study	NOUN
hassl-827	340	6	,	,	PUNCT
hassl-827	340	7	15(5	15(5	NUM
hassl-827	340	8	):	):	PUNCT
hassl-827	340	9	1355-1383.available	1355-1383.available	NUM
hassl-827	340	10	at	at	ADP
hassl-827	340	11	:	:	PUNCT
hassl-827	340	12	https://doi.org/10.1093/rfs/15.5.1355	https://doi.org/10.1093/rfs/15.5.1355	PROPN
hassl-827	340	13	.	.	PUNCT
hassl-827	340	14	aharony	aharony	PROPN
hassl-827	340	15	,	,	PUNCT
hassl-827	340	16	j.	j.	PROPN
hassl-827	340	17	,	,	PUNCT
hassl-827	340	18	a.	a.	NOUN
hassl-827	340	19	saunders	saunder	NOUN
hassl-827	340	20	and	and	CCONJ
hassl-827	340	21	i.	i.	PROPN
hassl-827	340	22	swary	swary	PROPN
hassl-827	340	23	,	,	PUNCT
hassl-827	340	24	1986	1986	NUM
hassl-827	340	25	.	.	PUNCT
hassl-827	341	1	the	the	DET
hassl-827	341	2	effects	effect	NOUN
hassl-827	341	3	of	of	ADP
hassl-827	341	4	a	a	DET
hassl-827	341	5	shift	shift	NOUN
hassl-827	341	6	in	in	ADP
hassl-827	341	7	monetary	monetary	ADJ
hassl-827	341	8	policy	policy	NOUN
hassl-827	341	9	regime	regime	NOUN
hassl-827	341	10	on	on	ADP
hassl-827	341	11	the	the	DET
hassl-827	341	12	profitability	profitability	NOUN
hassl-827	341	13	and	and	CCONJ
hassl-827	341	14	risk	risk	NOUN
hassl-827	341	15	of	of	ADP
hassl-827	341	16	commercial	commercial	ADJ
hassl-827	341	17	banks	bank	NOUN
hassl-827	341	18	.	.	PUNCT
hassl-827	342	1	journal	journal	NOUN
hassl-827	342	2	of	of	ADP
hassl-827	342	3	monetary	monetary	ADJ
hassl-827	342	4	economics	economic	NOUN
hassl-827	342	5	,	,	PUNCT
hassl-827	342	6	17(3	17(3	NUM
hassl-827	342	7	):	):	PUNCT
hassl-827	342	8	363-377.available	363-377.available	NUM
hassl-827	342	9	at	at	ADP
hassl-827	342	10	:	:	PUNCT
hassl-827	342	11	https://doi.org/10.1016/03043932(86)90063-2	https://doi.org/10.1016/03043932(86)90063-2	NOUN
hassl-827	342	12	.	.	PUNCT
hassl-827	342	13	akella	akella	PROPN
hassl-827	342	14	,	,	PUNCT
hassl-827	342	15	s.r	s.r	PROPN
hassl-827	342	16	.	.	PROPN
hassl-827	342	17	and	and	CCONJ
hassl-827	342	18	s.i	s.i	PROPN
hassl-827	342	19	.	.	PROPN
hassl-827	342	20	greenbaum	greenbaum	PROPN
hassl-827	342	21	,	,	PUNCT
hassl-827	342	22	1992	1992	NUM
hassl-827	342	23	.	.	PUNCT
hassl-827	343	1	innovations	innovation	NOUN
hassl-827	343	2	in	in	ADP
hassl-827	343	3	interest	interest	NOUN
hassl-827	343	4	rates	rate	NOUN
hassl-827	343	5	,	,	PUNCT
hassl-827	343	6	duration	duration	NOUN
hassl-827	343	7	transformation	transformation	NOUN
hassl-827	343	8	,	,	PUNCT
hassl-827	343	9	and	and	CCONJ
hassl-827	343	10	bank	bank	NOUN
hassl-827	343	11	stock	stock	NOUN
hassl-827	343	12	returns	return	NOUN
hassl-827	343	13	.	.	PUNCT
hassl-827	344	1	journal	journal	NOUN
hassl-827	344	2	of	of	ADP
hassl-827	344	3	money	money	NOUN
hassl-827	344	4	,	,	PUNCT
hassl-827	344	5	credit	credit	NOUN
hassl-827	344	6	and	and	CCONJ
hassl-827	344	7	banking	banking	NOUN
hassl-827	344	8	,	,	PUNCT
hassl-827	344	9	24(1	24(1	NUM
hassl-827	344	10	):	):	PUNCT
hassl-827	344	11	27-42.available	27-42.available	NOUN
hassl-827	344	12	at	at	ADP
hassl-827	344	13	:	:	PUNCT
hassl-827	344	14	https://doi.org/10.2307/1992789	https://doi.org/10.2307/1992789	NOUN
hassl-827	344	15	.	.	PUNCT
hassl-827	345	1	alam	alam	PROPN
hassl-827	345	2	,	,	PUNCT
hassl-827	345	3	m.m	m.m	PROPN
hassl-827	345	4	.	.	PROPN
hassl-827	345	5	and	and	CCONJ
hassl-827	345	6	m.g	m.g	PROPN
hassl-827	345	7	.	.	PROPN
hassl-827	345	8	uddin	uddin	PROPN
hassl-827	345	9	,	,	PUNCT
hassl-827	345	10	2009	2009	NUM
hassl-827	345	11	.	.	PUNCT
hassl-827	346	1	relationship	relationship	NOUN
hassl-827	346	2	between	between	ADP
hassl-827	346	3	interest	interest	NOUN
hassl-827	346	4	rates	rate	NOUN
hassl-827	346	5	and	and	CCONJ
hassl-827	346	6	stock	stock	NOUN
hassl-827	346	7	prices	price	NOUN
hassl-827	346	8	:	:	PUNCT
hassl-827	346	9	empirical	empirical	ADJ
hassl-827	346	10	evidence	evidence	NOUN
hassl-827	346	11	from	from	ADP
hassl-827	346	12	developed	develop	VERB
hassl-827	346	13	and	and	CCONJ
hassl-827	346	14	developing	develop	VERB
hassl-827	346	15	countries	country	NOUN
hassl-827	346	16	.	.	PUNCT
hassl-827	347	1	international	international	ADJ
hassl-827	347	2	journal	journal	PROPN
hassl-827	347	3	of	of	ADP
hassl-827	347	4	business	business	NOUN
hassl-827	347	5	and	and	CCONJ
hassl-827	347	6	management	management	NOUN
hassl-827	347	7	,	,	PUNCT
hassl-827	347	8	5(3	5(3	NUM
hassl-827	347	9	):	):	PUNCT
hassl-827	347	10	43	43	NUM
hassl-827	347	11	-	-	SYM
hassl-827	347	12	50	50	NUM
hassl-827	347	13	.	.	PUNCT
hassl-827	348	1	ang	ang	PROPN
hassl-827	348	2	,	,	PUNCT
hassl-827	348	3	a.	a.	NOUN
hassl-827	348	4	and	and	CCONJ
hassl-827	348	5	g.	g.	PROPN
hassl-827	348	6	bekaert	bekaert	PROPN
hassl-827	348	7	,	,	PUNCT
hassl-827	348	8	2002	2002	NUM
hassl-827	348	9	.	.	PUNCT
hassl-827	349	1	international	international	ADJ
hassl-827	349	2	asset	asset	NOUN
hassl-827	349	3	allocation	allocation	NOUN
hassl-827	349	4	with	with	ADP
hassl-827	349	5	regime	regime	NOUN
hassl-827	349	6	shifts	shift	NOUN
hassl-827	349	7	.	.	PUNCT
hassl-827	350	1	the	the	DET
hassl-827	350	2	review	review	NOUN
hassl-827	350	3	of	of	ADP
hassl-827	350	4	financial	financial	ADJ
hassl-827	350	5	studies	study	NOUN
hassl-827	350	6	,	,	PUNCT
hassl-827	350	7	15(4	15(4	NUM
hassl-827	350	8	):	):	PUNCT
hassl-827	350	9	11371187.available	11371187.available	ADJ
hassl-827	350	10	at	at	ADP
hassl-827	350	11	:	:	PUNCT
hassl-827	350	12	https://doi.org/10.1093/rfs/15.4.1137	https://doi.org/10.1093/rfs/15.4.1137	PROPN
hassl-827	350	13	.	.	PUNCT
hassl-827	351	1	arango	arango	PROPN
hassl-827	351	2	,	,	PUNCT
hassl-827	351	3	l.e	l.e	PROPN
hassl-827	351	4	.	.	PROPN
hassl-827	351	5	,	,	PUNCT
hassl-827	351	6	a.	a.	PROPN
hassl-827	351	7	gonzález	gonzález	PROPN
hassl-827	351	8	and	and	CCONJ
hassl-827	351	9	c.e	c.e	PROPN
hassl-827	351	10	.	.	PROPN
hassl-827	351	11	posada	posada	PROPN
hassl-827	351	12	,	,	PUNCT
hassl-827	351	13	2002	2002	NUM
hassl-827	351	14	.	.	PUNCT
hassl-827	352	1	returns	return	NOUN
hassl-827	352	2	and	and	CCONJ
hassl-827	352	3	the	the	DET
hassl-827	352	4	interest	interest	NOUN
hassl-827	352	5	rate	rate	NOUN
hassl-827	352	6	:	:	PUNCT
hassl-827	352	7	a	a	DET
hassl-827	352	8	non	non	ADJ
hassl-827	352	9	-	-	ADJ
hassl-827	352	10	linear	linear	ADJ
hassl-827	352	11	relationship	relationship	NOUN
hassl-827	352	12	in	in	ADP
hassl-827	352	13	the	the	DET
hassl-827	352	14	bogota	bogota	PROPN
hassl-827	352	15	stock	stock	NOUN
hassl-827	352	16	market	market	NOUN
hassl-827	352	17	.	.	PUNCT
hassl-827	353	1	applied	apply	VERB
hassl-827	353	2	financial	financial	ADJ
hassl-827	353	3	economics	economic	NOUN
hassl-827	353	4	,	,	PUNCT
hassl-827	353	5	12(11	12(11	NUM
hassl-827	353	6	):	):	PUNCT
hassl-827	353	7	835-842.available	835-842.available	NUM
hassl-827	353	8	at	at	ADP
hassl-827	353	9	:	:	PUNCT
hassl-827	353	10	https://doi.org/10.1080/09603100110094493	https://doi.org/10.1080/09603100110094493	PROPN
hassl-827	353	11	.	.	PUNCT
hassl-827	354	1	bae	bae	PROPN
hassl-827	354	2	,	,	PUNCT
hassl-827	354	3	s.c	s.c	PROPN
hassl-827	354	4	.	.	PROPN
hassl-827	354	5	,	,	PUNCT
hassl-827	354	6	1990	1990	NUM
hassl-827	354	7	.	.	PUNCT
hassl-827	355	1	interest	interest	NOUN
hassl-827	355	2	rate	rate	NOUN
hassl-827	355	3	changes	change	NOUN
hassl-827	355	4	and	and	CCONJ
hassl-827	355	5	common	common	ADJ
hassl-827	355	6	stock	stock	NOUN
hassl-827	355	7	returns	return	NOUN
hassl-827	355	8	of	of	ADP
hassl-827	355	9	financial	financial	ADJ
hassl-827	355	10	institutions	institution	NOUN
hassl-827	355	11	:	:	PUNCT
hassl-827	355	12	revisited	revisit	VERB
hassl-827	355	13	.	.	PUNCT
hassl-827	356	1	journal	journal	NOUN
hassl-827	356	2	of	of	ADP
hassl-827	356	3	financial	financial	ADJ
hassl-827	356	4	research	research	NOUN
hassl-827	356	5	,	,	PUNCT
hassl-827	356	6	13(1	13(1	NUM
hassl-827	356	7	):	):	PUNCT
hassl-827	356	8	71-79.available	71-79.available	ADJ
hassl-827	356	9	at	at	ADP
hassl-827	356	10	:	:	PUNCT
hassl-827	356	11	https://doi.org/10.1111/j.1475-6803.1990.tb00537.x	https://doi.org/10.1111/j.1475-6803.1990.tb00537.x	PROPN
hassl-827	356	12	.	.	PUNCT
hassl-827	356	13	bashir	bashir	PROPN
hassl-827	356	14	,	,	PUNCT
hassl-827	356	15	a.	a.	NOUN
hassl-827	356	16	and	and	CCONJ
hassl-827	356	17	a.	a.	PROPN
hassl-827	356	18	hassan	hassan	PROPN
hassl-827	356	19	,	,	PUNCT
hassl-827	356	20	1997	1997	NUM
hassl-827	356	21	.	.	PUNCT
hassl-827	357	1	interest	interest	NOUN
hassl-827	357	2	rate	rate	NOUN
hassl-827	357	3	sensitivity	sensitivity	NOUN
hassl-827	357	4	and	and	CCONJ
hassl-827	357	5	stock	stock	NOUN
hassl-827	357	6	returns	return	NOUN
hassl-827	357	7	in	in	ADP
hassl-827	357	8	the	the	DET
hassl-827	357	9	united	united	PROPN
hassl-827	357	10	arab	arab	PROPN
hassl-827	357	11	emirates	emirates	PROPN
hassl-827	357	12	.	.	PUNCT
hassl-827	358	1	journal	journal	PROPN
hassl-827	358	2	of	of	ADP
hassl-827	358	3	king	king	PROPN
hassl-827	358	4	saud	saud	PROPN
hassl-827	358	5	university	university	PROPN
hassl-827	358	6	,	,	PUNCT
hassl-827	358	7	9(11	9(11	NUM
hassl-827	358	8	):	):	PUNCT
hassl-827	358	9	79	79	NUM
hassl-827	358	10	-	-	SYM
hassl-827	358	11	89	89	NUM
hassl-827	358	12	.	.	PUNCT
hassl-827	359	1	bernstein	bernstein	PROPN
hassl-827	359	2	,	,	PUNCT
hassl-827	359	3	w.j	w.j	PROPN
hassl-827	359	4	.	.	PROPN
hassl-827	359	5	and	and	CCONJ
hassl-827	359	6	r.d	r.d	PROPN
hassl-827	359	7	.	.	PROPN
hassl-827	359	8	arnott	arnott	PROPN
hassl-827	359	9	,	,	PUNCT
hassl-827	359	10	2003	2003	NUM
hassl-827	359	11	.	.	PUNCT
hassl-827	360	1	earnings	earning	NOUN
hassl-827	360	2	growth	growth	NOUN
hassl-827	360	3	:	:	PUNCT
hassl-827	360	4	the	the	DET
hassl-827	360	5	two	two	NUM
hassl-827	360	6	percent	percent	NOUN
hassl-827	360	7	dilution	dilution	NOUN
hassl-827	360	8	.	.	PUNCT
hassl-827	361	1	financial	financial	ADJ
hassl-827	361	2	analysts	analyst	NOUN
hassl-827	361	3	journal	journal	NOUN
hassl-827	361	4	,	,	PUNCT
hassl-827	361	5	59(5	59(5	NUM
hassl-827	361	6	):	):	PUNCT
hassl-827	361	7	4755.available	4755.available	ADJ
hassl-827	361	8	at	at	ADP
hassl-827	361	9	:	:	PUNCT
hassl-827	361	10	https://doi.org/10.2469/faj.v59.n5.2563	https://doi.org/10.2469/faj.v59.n5.2563	NOUN
hassl-827	361	11	.	.	PUNCT
hassl-827	362	1	humanities	humanity	NOUN
hassl-827	362	2	and	and	CCONJ
hassl-827	362	3	social	social	ADJ
hassl-827	362	4	sciences	science	NOUN
hassl-827	362	5	letters	letter	NOUN
hassl-827	362	6	,	,	PUNCT
hassl-827	362	7	2019	2019	NUM
hassl-827	362	8	,	,	PUNCT
hassl-827	362	9	7(3	7(3	NUM
hassl-827	362	10	):	):	PUNCT
hassl-827	362	11	167	167	NUM
hassl-827	362	12	-	-	SYM
hassl-827	362	13	180	180	NUM
hassl-827	362	14	179	179	NUM
hassl-827	362	15	©	©	PROPN
hassl-827	362	16	2019	2019	NUM
hassl-827	362	17	conscientia	conscientia	PROPN
hassl-827	362	18	beam	beam	PROPN
hassl-827	362	19	.	.	PUNCT
hassl-827	363	1	all	all	DET
hassl-827	363	2	rights	right	NOUN
hassl-827	363	3	reserved	reserve	VERB
hassl-827	363	4	.	.	PUNCT
hassl-827	364	1	bleakley	bleakley	PROPN
hassl-827	364	2	,	,	PUNCT
hassl-827	364	3	h.	h.	PROPN
hassl-827	364	4	and	and	CCONJ
hassl-827	364	5	k.	k.	PROPN
hassl-827	364	6	cowan	cowan	PROPN
hassl-827	364	7	,	,	PUNCT
hassl-827	364	8	2008	2008	NUM
hassl-827	364	9	.	.	PUNCT
hassl-827	365	1	corporate	corporate	ADJ
hassl-827	365	2	dollar	dollar	NOUN
hassl-827	365	3	debt	debt	NOUN
hassl-827	365	4	and	and	CCONJ
hassl-827	365	5	depreciations	depreciation	NOUN
hassl-827	365	6	:	:	PUNCT
hassl-827	365	7	much	much	ADJ
hassl-827	365	8	ado	ado	INTJ
hassl-827	365	9	about	about	ADP
hassl-827	365	10	nothing	nothing	PRON
hassl-827	365	11	?	?	PUNCT
hassl-827	366	1	the	the	DET
hassl-827	366	2	review	review	NOUN
hassl-827	366	3	of	of	ADP
hassl-827	366	4	economics	economic	NOUN
hassl-827	366	5	and	and	CCONJ
hassl-827	366	6	statistics	statistic	NOUN
hassl-827	366	7	,	,	PUNCT
hassl-827	366	8	90(4	90(4	NUM
hassl-827	366	9	):	):	PUNCT
hassl-827	366	10	612-626.available	612-626.available	NUM
hassl-827	366	11	at	at	ADP
hassl-827	366	12	:	:	PUNCT
hassl-827	366	13	https://doi.org/10.1162/rest.90.4.612	https://doi.org/10.1162/rest.90.4.612	PROPN
hassl-827	366	14	.	.	PROPN
hassl-827	366	15	booth	booth	PROPN
hassl-827	366	16	,	,	PUNCT
hassl-827	366	17	j.r	j.r	PROPN
hassl-827	366	18	.	.	PROPN
hassl-827	366	19	and	and	CCONJ
hassl-827	366	20	d.t	d.t	PROPN
hassl-827	366	21	.	.	PROPN
hassl-827	366	22	officer	officer	NOUN
hassl-827	366	23	,	,	PUNCT
hassl-827	366	24	1985	1985	NUM
hassl-827	366	25	.	.	PUNCT
hassl-827	367	1	expectations	expectation	NOUN
hassl-827	367	2	,	,	PUNCT
hassl-827	367	3	interest	interest	NOUN
hassl-827	367	4	rates	rate	NOUN
hassl-827	367	5	,	,	PUNCT
hassl-827	367	6	and	and	CCONJ
hassl-827	367	7	commercial	commercial	ADJ
hassl-827	367	8	bank	bank	NOUN
hassl-827	367	9	stocks	stock	NOUN
hassl-827	367	10	.	.	PUNCT
hassl-827	368	1	journal	journal	NOUN
hassl-827	368	2	of	of	ADP
hassl-827	368	3	financial	financial	ADJ
hassl-827	368	4	research	research	NOUN
hassl-827	368	5	,	,	PUNCT
hassl-827	368	6	8(1	8(1	NOUN
hassl-827	368	7	):	):	PUNCT
hassl-827	368	8	51-58.available	51-58.available	ADJ
hassl-827	368	9	at	at	ADP
hassl-827	368	10	:	:	PUNCT
hassl-827	368	11	https://doi.org/10.1111/j.1475-6803.1985.tb00425.x	https://doi.org/10.1111/j.1475-6803.1985.tb00425.x	PROPN
hassl-827	368	12	.	.	PUNCT
hassl-827	369	1	bourke	bourke	PROPN
hassl-827	369	2	,	,	PUNCT
hassl-827	369	3	p.	p.	PROPN
hassl-827	369	4	,	,	PUNCT
hassl-827	369	5	1989	1989	NUM
hassl-827	369	6	.	.	PUNCT
hassl-827	370	1	concentration	concentration	NOUN
hassl-827	370	2	and	and	CCONJ
hassl-827	370	3	other	other	ADJ
hassl-827	370	4	determinants	determinant	NOUN
hassl-827	370	5	of	of	ADP
hassl-827	370	6	bank	bank	NOUN
hassl-827	370	7	profitability	profitability	NOUN
hassl-827	370	8	in	in	ADP
hassl-827	370	9	europe	europe	PROPN
hassl-827	370	10	,	,	PUNCT
hassl-827	370	11	north	north	PROPN
hassl-827	370	12	america	america	PROPN
hassl-827	370	13	and	and	CCONJ
hassl-827	370	14	australia	australia	PROPN
hassl-827	370	15	.	.	PUNCT
hassl-827	371	1	journal	journal	PROPN
hassl-827	371	2	of	of	ADP
hassl-827	371	3	banking	banking	NOUN
hassl-827	371	4	&	&	CCONJ
hassl-827	371	5	finance	finance	PROPN
hassl-827	371	6	,	,	PUNCT
hassl-827	371	7	13(1	13(1	NUM
hassl-827	371	8	):	):	PUNCT
hassl-827	371	9	65	65	NUM
hassl-827	371	10	-	-	SYM
hassl-827	371	11	79	79	NUM
hassl-827	371	12	.	.	PUNCT
hassl-827	372	1	bredin	bredin	NOUN
hassl-827	372	2	,	,	PUNCT
hassl-827	372	3	d.	d.	PROPN
hassl-827	372	4	,	,	PUNCT
hassl-827	372	5	s.	s.	PROPN
hassl-827	372	6	hyde	hyde	PROPN
hassl-827	372	7	,	,	PUNCT
hassl-827	372	8	d.	d.	PROPN
hassl-827	372	9	nitzsche	nitzsche	PROPN
hassl-827	372	10	and	and	CCONJ
hassl-827	372	11	g.	g.	PROPN
hassl-827	372	12	o'reilly	o'reilly	PROPN
hassl-827	372	13	,	,	PUNCT
hassl-827	372	14	2007	2007	NUM
hassl-827	372	15	.	.	PUNCT
hassl-827	373	1	uk	uk	PROPN
hassl-827	373	2	stock	stock	NOUN
hassl-827	373	3	returns	return	NOUN
hassl-827	373	4	and	and	CCONJ
hassl-827	373	5	the	the	DET
hassl-827	373	6	impact	impact	NOUN
hassl-827	373	7	of	of	ADP
hassl-827	373	8	domestic	domestic	ADJ
hassl-827	373	9	monetary	monetary	ADJ
hassl-827	373	10	policy	policy	NOUN
hassl-827	373	11	shocks	shock	NOUN
hassl-827	373	12	.	.	PUNCT
hassl-827	374	1	journal	journal	NOUN
hassl-827	374	2	of	of	ADP
hassl-827	374	3	business	business	NOUN
hassl-827	374	4	finance	finance	PROPN
hassl-827	374	5	&	&	CCONJ
hassl-827	374	6	accounting	accounting	PROPN
hassl-827	374	7	,	,	PUNCT
hassl-827	374	8	34(5	34(5	PROPN
hassl-827	374	9	-	-	PUNCT
hassl-827	374	10	6	6	NUM
hassl-827	374	11	):	):	PUNCT
hassl-827	374	12	872-888.available	872-888.available	NUM
hassl-827	374	13	at	at	ADP
hassl-827	374	14	:	:	PUNCT
hassl-827	374	15	https://doi.org/10.1111/j.14685957.2006.02001.x	https://doi.org/10.1111/j.14685957.2006.02001.x	X
hassl-827	374	16	.	.	PUNCT
hassl-827	374	17	bredin	bredin	NOUN
hassl-827	374	18	,	,	PUNCT
hassl-827	374	19	d.	d.	PROPN
hassl-827	374	20	,	,	PUNCT
hassl-827	374	21	s.	s.	PROPN
hassl-827	374	22	hyde	hyde	PROPN
hassl-827	374	23	,	,	PUNCT
hassl-827	374	24	d.	d.	PROPN
hassl-827	374	25	nitzsche	nitzsche	PROPN
hassl-827	374	26	and	and	CCONJ
hassl-827	374	27	g.	g.	PROPN
hassl-827	374	28	o'reilly	o'reilly	PROPN
hassl-827	374	29	,	,	PUNCT
hassl-827	374	30	2009	2009	NUM
hassl-827	374	31	.	.	PUNCT
hassl-827	375	1	european	european	ADJ
hassl-827	375	2	monetary	monetary	ADJ
hassl-827	375	3	policy	policy	NOUN
hassl-827	375	4	surprises	surprise	NOUN
hassl-827	375	5	:	:	PUNCT
hassl-827	375	6	the	the	DET
hassl-827	375	7	aggregate	aggregate	ADJ
hassl-827	375	8	and	and	CCONJ
hassl-827	375	9	sectoral	sectoral	ADJ
hassl-827	375	10	stock	stock	NOUN
hassl-827	375	11	market	market	NOUN
hassl-827	375	12	response	response	NOUN
hassl-827	375	13	.	.	PUNCT
hassl-827	376	1	international	international	ADJ
hassl-827	376	2	journal	journal	PROPN
hassl-827	376	3	of	of	ADP
hassl-827	376	4	finance	finance	PROPN
hassl-827	376	5	&	&	CCONJ
hassl-827	376	6	economics	economic	NOUN
hassl-827	376	7	,	,	PUNCT
hassl-827	376	8	14(2	14(2	NUM
hassl-827	376	9	):	):	PUNCT
hassl-827	376	10	156-171.available	156-171.available	NUM
hassl-827	376	11	at	at	ADP
hassl-827	376	12	:	:	PUNCT
hassl-827	376	13	https://doi.org/10.1002/ijfe.341	https://doi.org/10.1002/ijfe.341	PROPN
hassl-827	376	14	.	.	PROPN
hassl-827	376	15	chance	chance	PROPN
hassl-827	376	16	,	,	PUNCT
hassl-827	376	17	d.m	d.m	PROPN
hassl-827	376	18	.	.	PROPN
hassl-827	376	19	,	,	PUNCT
hassl-827	376	20	1990	1990	NUM
hassl-827	376	21	.	.	PUNCT
hassl-827	377	1	default	default	NOUN
hassl-827	377	2	risk	risk	NOUN
hassl-827	377	3	and	and	CCONJ
hassl-827	377	4	the	the	DET
hassl-827	377	5	duration	duration	NOUN
hassl-827	377	6	of	of	ADP
hassl-827	377	7	zero	zero	NUM
hassl-827	377	8	coupon	coupon	NOUN
hassl-827	377	9	bonds	bond	NOUN
hassl-827	377	10	.	.	PUNCT
hassl-827	378	1	the	the	DET
hassl-827	378	2	journal	journal	NOUN
hassl-827	378	3	of	of	ADP
hassl-827	378	4	finance	finance	NOUN
hassl-827	378	5	,	,	PUNCT
hassl-827	378	6	45(1	45(1	NOUN
hassl-827	378	7	):	):	PUNCT
hassl-827	378	8	265-274.available	265-274.available	NUM
hassl-827	378	9	at	at	ADP
hassl-827	378	10	:	:	PUNCT
hassl-827	378	11	https://doi.org/10.2307/2328821	https://doi.org/10.2307/2328821	PROPN
hassl-827	378	12	.	.	PUNCT
hassl-827	378	13	cooray	cooray	PROPN
hassl-827	378	14	,	,	PUNCT
hassl-827	378	15	a.v	a.v	PROPN
hassl-827	378	16	.	.	PROPN
hassl-827	378	17	and	and	CCONJ
hassl-827	378	18	g.	g.	PROPN
hassl-827	378	19	wickremasinghe	wickremasinghe	PROPN
hassl-827	378	20	,	,	PUNCT
hassl-827	378	21	2007	2007	NUM
hassl-827	378	22	.	.	PUNCT
hassl-827	379	1	the	the	DET
hassl-827	379	2	efficiency	efficiency	NOUN
hassl-827	379	3	of	of	ADP
hassl-827	379	4	emerging	emerge	VERB
hassl-827	379	5	stock	stock	NOUN
hassl-827	379	6	markets	market	NOUN
hassl-827	379	7	:	:	PUNCT
hassl-827	379	8	empirical	empirical	ADJ
hassl-827	379	9	evidence	evidence	NOUN
hassl-827	379	10	from	from	ADP
hassl-827	379	11	the	the	DET
hassl-827	379	12	south	south	ADJ
hassl-827	379	13	asian	asian	ADJ
hassl-827	379	14	region	region	NOUN
hassl-827	379	15	.	.	PUNCT
hassl-827	380	1	journal	journal	NOUN
hassl-827	380	2	of	of	ADP
hassl-827	380	3	developing	develop	VERB
hassl-827	380	4	areas	area	NOUN
hassl-827	380	5	,	,	PUNCT
hassl-827	380	6	41(1	41(1	NUM
hassl-827	380	7	):	):	PUNCT
hassl-827	380	8	171-183.available	171-183.available	NUM
hassl-827	380	9	at	at	ADP
hassl-827	380	10	:	:	PUNCT
hassl-827	380	11	https://doi.org/10.1353/jda.2008.0030	https://doi.org/10.1353/jda.2008.0030	NOUN
hassl-827	380	12	.	.	PUNCT
hassl-827	381	1	cornell	cornell	PROPN
hassl-827	381	2	,	,	PUNCT
hassl-827	381	3	b.	b.	PROPN
hassl-827	381	4	and	and	CCONJ
hassl-827	381	5	k.r	k.r	PROPN
hassl-827	381	6	.	.	PROPN
hassl-827	381	7	french	french	PROPN
hassl-827	381	8	,	,	PUNCT
hassl-827	381	9	1983	1983	NUM
hassl-827	381	10	.	.	PUNCT
hassl-827	382	1	the	the	DET
hassl-827	382	2	pricing	pricing	NOUN
hassl-827	382	3	of	of	ADP
hassl-827	382	4	stock	stock	NOUN
hassl-827	382	5	index	index	NOUN
hassl-827	382	6	futures	future	NOUN
hassl-827	382	7	.	.	PUNCT
hassl-827	383	1	journal	journal	PROPN
hassl-827	383	2	of	of	ADP
hassl-827	383	3	futures	future	NOUN
hassl-827	383	4	markets	market	NOUN
hassl-827	383	5	,	,	PUNCT
hassl-827	383	6	3(1	3(1	NUM
hassl-827	383	7	):	):	PUNCT
hassl-827	383	8	1-14.available	1-14.available	NUM
hassl-827	383	9	at	at	ADP
hassl-827	383	10	:	:	PUNCT
hassl-827	383	11	https://doi.org/10.1002/fut.3990030102	https://doi.org/10.1002/fut.3990030102	PROPN
hassl-827	383	12	.	.	PUNCT
hassl-827	384	1	cox	cox	PROPN
hassl-827	384	2	,	,	PUNCT
hassl-827	384	3	j.c	j.c	PROPN
hassl-827	384	4	.	.	PROPN
hassl-827	384	5	,	,	PUNCT
hassl-827	384	6	j.e	j.e	PROPN
hassl-827	384	7	.	.	PROPN
hassl-827	384	8	ingersoll	ingersoll	PROPN
hassl-827	384	9	jr	jr	PROPN
hassl-827	384	10	and	and	CCONJ
hassl-827	384	11	s.a	s.a	PROPN
hassl-827	384	12	.	.	PROPN
hassl-827	384	13	ross	ross	PROPN
hassl-827	384	14	,	,	PUNCT
hassl-827	384	15	1981	1981	NUM
hassl-827	384	16	.	.	PUNCT
hassl-827	385	1	the	the	DET
hassl-827	385	2	relation	relation	NOUN
hassl-827	385	3	between	between	ADP
hassl-827	385	4	forward	forward	ADJ
hassl-827	385	5	prices	price	NOUN
hassl-827	385	6	and	and	CCONJ
hassl-827	385	7	futures	future	NOUN
hassl-827	385	8	prices	price	NOUN
hassl-827	385	9	.	.	PUNCT
hassl-827	386	1	journal	journal	NOUN
hassl-827	386	2	of	of	ADP
hassl-827	386	3	financial	financial	ADJ
hassl-827	386	4	economics	economic	NOUN
hassl-827	386	5	,	,	PUNCT
hassl-827	386	6	9(4	9(4	NUM
hassl-827	386	7	):	):	PUNCT
hassl-827	386	8	321-346.available	321-346.available	NUM
hassl-827	386	9	at	at	ADP
hassl-827	386	10	:	:	PUNCT
hassl-827	386	11	https://doi.org/10.1016/0304-405x(81)90002-7	https://doi.org/10.1016/0304-405x(81)90002-7	PROPN
hassl-827	386	12	.	.	PROPN
hassl-827	386	13	czaja	czaja	PROPN
hassl-827	386	14	,	,	PUNCT
hassl-827	386	15	m.g	m.g	PROPN
hassl-827	386	16	.	.	PROPN
hassl-827	386	17	and	and	CCONJ
hassl-827	386	18	h.	h.	PROPN
hassl-827	386	19	scholz	scholz	PROPN
hassl-827	386	20	,	,	PUNCT
hassl-827	386	21	2007	2007	NUM
hassl-827	386	22	.	.	PUNCT
hassl-827	387	1	sensitivity	sensitivity	NOUN
hassl-827	387	2	of	of	ADP
hassl-827	387	3	stock	stock	NOUN
hassl-827	387	4	returns	return	NOUN
hassl-827	387	5	to	to	ADP
hassl-827	387	6	changes	change	NOUN
hassl-827	387	7	in	in	ADP
hassl-827	387	8	the	the	DET
hassl-827	387	9	term	term	NOUN
hassl-827	387	10	structure	structure	NOUN
hassl-827	387	11	of	of	ADP
hassl-827	387	12	interest	interest	NOUN
hassl-827	387	13	rates	rate	NOUN
hassl-827	387	14	—	—	PUNCT
hassl-827	387	15	evidence	evidence	NOUN
hassl-827	387	16	from	from	ADP
hassl-827	387	17	the	the	DET
hassl-827	387	18	german	german	ADJ
hassl-827	387	19	market	market	NOUN
hassl-827	387	20	.	.	PUNCT
hassl-827	388	1	in	in	ADP
hassl-827	388	2	operations	operation	NOUN
hassl-827	388	3	research	research	NOUN
hassl-827	388	4	proceedings	proceeding	NOUN
hassl-827	388	5	2006	2006	NUM
hassl-827	388	6	.	.	PUNCT
hassl-827	389	1	springer	springer	NOUN
hassl-827	389	2	,	,	PUNCT
hassl-827	389	3	berlin	berlin	PROPN
hassl-827	389	4	,	,	PUNCT
hassl-827	389	5	heidelberg	heidelberg	PROPN
hassl-827	389	6	.	.	PUNCT
hassl-827	390	1	pp	pp	ADP
hassl-827	390	2	:	:	PUNCT
hassl-827	390	3	305	305	NUM
hassl-827	390	4	-	-	SYM
hassl-827	390	5	310	310	NUM
hassl-827	390	6	.	.	PUNCT
hassl-827	390	7	dinenis	dinenis	PROPN
hassl-827	390	8	,	,	PUNCT
hassl-827	390	9	e.	e.	PROPN
hassl-827	390	10	and	and	CCONJ
hassl-827	390	11	s.k	s.k	PROPN
hassl-827	390	12	.	.	PROPN
hassl-827	390	13	staikouras	staikouras	PROPN
hassl-827	390	14	,	,	PUNCT
hassl-827	390	15	1998	1998	NUM
hassl-827	390	16	.	.	PUNCT
hassl-827	391	1	interest	interest	NOUN
hassl-827	391	2	rate	rate	NOUN
hassl-827	391	3	changes	change	NOUN
hassl-827	391	4	and	and	CCONJ
hassl-827	391	5	common	common	ADJ
hassl-827	391	6	stock	stock	NOUN
hassl-827	391	7	returns	return	NOUN
hassl-827	391	8	of	of	ADP
hassl-827	391	9	financial	financial	ADJ
hassl-827	391	10	institutions	institution	NOUN
hassl-827	391	11	:	:	PUNCT
hassl-827	391	12	evidence	evidence	NOUN
hassl-827	391	13	from	from	ADP
hassl-827	391	14	the	the	DET
hassl-827	391	15	uk	uk	PROPN
hassl-827	391	16	.	.	PUNCT
hassl-827	392	1	the	the	DET
hassl-827	392	2	european	european	PROPN
hassl-827	392	3	journal	journal	PROPN
hassl-827	392	4	of	of	ADP
hassl-827	392	5	finance	finance	NOUN
hassl-827	392	6	,	,	PUNCT
hassl-827	392	7	4(2	4(2	NUM
hassl-827	392	8	):	):	PUNCT
hassl-827	392	9	113-127.available	113-127.available	NUM
hassl-827	392	10	at	at	ADP
hassl-827	392	11	:	:	PUNCT
hassl-827	392	12	https://doi.org/10.1080/135184798337344	https://doi.org/10.1080/135184798337344	NOUN
hassl-827	392	13	.	.	PUNCT
hassl-827	393	1	elyasiani	elyasiani	PROPN
hassl-827	393	2	,	,	PUNCT
hassl-827	393	3	e.	e.	PROPN
hassl-827	393	4	and	and	CCONJ
hassl-827	393	5	i.	i.	PROPN
hassl-827	393	6	mansur	mansur	PROPN
hassl-827	393	7	,	,	PUNCT
hassl-827	393	8	1998	1998	NUM
hassl-827	393	9	.	.	PUNCT
hassl-827	394	1	sensitivity	sensitivity	NOUN
hassl-827	394	2	of	of	ADP
hassl-827	394	3	the	the	DET
hassl-827	394	4	bank	bank	NOUN
hassl-827	394	5	stock	stock	NOUN
hassl-827	394	6	returns	return	VERB
hassl-827	394	7	distribution	distribution	NOUN
hassl-827	394	8	to	to	ADP
hassl-827	394	9	changes	change	NOUN
hassl-827	394	10	in	in	ADP
hassl-827	394	11	the	the	DET
hassl-827	394	12	level	level	NOUN
hassl-827	394	13	and	and	CCONJ
hassl-827	394	14	volatility	volatility	NOUN
hassl-827	394	15	of	of	ADP
hassl-827	394	16	interest	interest	NOUN
hassl-827	394	17	rate	rate	NOUN
hassl-827	394	18	:	:	PUNCT
hassl-827	394	19	a	a	DET
hassl-827	394	20	garch	garch	NOUN
hassl-827	394	21	-	-	PUNCT
hassl-827	394	22	m	m	NOUN
hassl-827	394	23	model	model	NOUN
hassl-827	394	24	.	.	PUNCT
hassl-827	395	1	journal	journal	PROPN
hassl-827	395	2	of	of	ADP
hassl-827	395	3	banking	banking	NOUN
hassl-827	395	4	&	&	CCONJ
hassl-827	395	5	finance	finance	PROPN
hassl-827	395	6	,	,	PUNCT
hassl-827	395	7	22(5	22(5	NOUN
hassl-827	395	8	):	):	PUNCT
hassl-827	395	9	535-563.available	535-563.available	ADJ
hassl-827	395	10	at	at	ADP
hassl-827	395	11	:	:	PUNCT
hassl-827	395	12	https://doi.org/10.1016/s0378-4266(98)00003-x	https://doi.org/10.1016/s0378-4266(98)00003-x	NOUN
hassl-827	395	13	.	.	PUNCT
hassl-827	395	14	evrensel	evrensel	NOUN
hassl-827	395	15	,	,	PUNCT
hassl-827	395	16	a.y	a.y	PROPN
hassl-827	395	17	.	.	PROPN
hassl-827	395	18	,	,	PUNCT
hassl-827	395	19	2008	2008	NUM
hassl-827	395	20	.	.	PUNCT
hassl-827	396	1	banking	banking	NOUN
hassl-827	396	2	crisis	crisis	NOUN
hassl-827	396	3	and	and	CCONJ
hassl-827	396	4	financial	financial	ADJ
hassl-827	396	5	structure	structure	NOUN
hassl-827	396	6	:	:	PUNCT
hassl-827	396	7	a	a	DET
hassl-827	396	8	survival	survival	NOUN
hassl-827	396	9	-	-	PUNCT
hassl-827	396	10	time	time	NOUN
hassl-827	396	11	analysis	analysis	NOUN
hassl-827	396	12	.	.	PUNCT
hassl-827	397	1	international	international	ADJ
hassl-827	397	2	review	review	NOUN
hassl-827	397	3	of	of	ADP
hassl-827	397	4	economics	economics	PROPN
hassl-827	397	5	&	&	CCONJ
hassl-827	397	6	finance	finance	PROPN
hassl-827	397	7	,	,	PUNCT
hassl-827	397	8	17(4	17(4	NUM
hassl-827	397	9	):	):	PUNCT
hassl-827	397	10	589-602.available	589-602.available	NUM
hassl-827	397	11	at	at	ADP
hassl-827	397	12	:	:	PUNCT
hassl-827	397	13	https://doi.org/10.1016/j.iref.2007.07.002	https://doi.org/10.1016/j.iref.2007.07.002	NOUN
hassl-827	397	14	.	.	PUNCT
hassl-827	398	1	fama	fama	PROPN
hassl-827	398	2	,	,	PUNCT
hassl-827	398	3	e.f	e.f	PROPN
hassl-827	398	4	.	.	PROPN
hassl-827	398	5	and	and	CCONJ
hassl-827	398	6	k.r	k.r	PROPN
hassl-827	398	7	.	.	PROPN
hassl-827	398	8	french	french	PROPN
hassl-827	398	9	,	,	PUNCT
hassl-827	398	10	1989	1989	NUM
hassl-827	398	11	.	.	PUNCT
hassl-827	399	1	business	business	NOUN
hassl-827	399	2	conditions	condition	NOUN
hassl-827	399	3	and	and	CCONJ
hassl-827	399	4	expected	expect	VERB
hassl-827	399	5	returns	return	NOUN
hassl-827	399	6	on	on	ADP
hassl-827	399	7	stocks	stock	NOUN
hassl-827	399	8	and	and	CCONJ
hassl-827	399	9	bonds	bond	NOUN
hassl-827	399	10	.	.	PUNCT
hassl-827	400	1	journal	journal	NOUN
hassl-827	400	2	of	of	ADP
hassl-827	400	3	financial	financial	ADJ
hassl-827	400	4	economics	economic	NOUN
hassl-827	400	5	,	,	PUNCT
hassl-827	400	6	25(1	25(1	NUM
hassl-827	400	7	):	):	PUNCT
hassl-827	400	8	23-49.available	23-49.available	ADJ
hassl-827	400	9	at	at	ADP
hassl-827	400	10	:	:	PUNCT
hassl-827	400	11	https://doi.org/10.1016/0304-405x(89)90095-0	https://doi.org/10.1016/0304-405x(89)90095-0	PROPN
hassl-827	400	12	.	.	PROPN
hassl-827	400	13	farrell	farrell	PROPN
hassl-827	400	14	,	,	PUNCT
hassl-827	400	15	j.j.l	j.j.l	PROPN
hassl-827	400	16	.	.	PUNCT
hassl-827	400	17	,	,	PUNCT
hassl-827	400	18	1985	1985	NUM
hassl-827	400	19	.	.	PUNCT
hassl-827	401	1	the	the	DET
hassl-827	401	2	dividend	dividend	NOUN
hassl-827	401	3	discount	discount	NOUN
hassl-827	401	4	model	model	NOUN
hassl-827	401	5	:	:	PUNCT
hassl-827	401	6	a	a	DET
hassl-827	401	7	primer	primer	NOUN
hassl-827	401	8	.	.	PUNCT
hassl-827	402	1	financial	financial	ADJ
hassl-827	402	2	analysts	analyst	NOUN
hassl-827	402	3	journal	journal	NOUN
hassl-827	402	4	,	,	PUNCT
hassl-827	402	5	41(6	41(6	PROPN
hassl-827	402	6	):	):	PUNCT
hassl-827	402	7	16-25.available	16-25.available	NUM
hassl-827	402	8	at	at	ADP
hassl-827	402	9	:	:	PUNCT
hassl-827	402	10	10.2469	10.2469	NUM
hassl-827	402	11	/	/	SYM
hassl-827	402	12	faj.v41.n6.16	faj.v41.n6.16	NOUN
hassl-827	402	13	.	.	PUNCT
hassl-827	403	1	fifield	fifield	PROPN
hassl-827	403	2	,	,	PUNCT
hassl-827	403	3	s.	s.	PROPN
hassl-827	403	4	,	,	PUNCT
hassl-827	403	5	d.m	d.m	PROPN
hassl-827	403	6	.	.	PUNCT
hassl-827	403	7	power	power	NOUN
hassl-827	403	8	and	and	CCONJ
hassl-827	403	9	c.d	c.d	PROPN
hassl-827	403	10	.	.	PROPN
hassl-827	403	11	sinclair	sinclair	PROPN
hassl-827	403	12	,	,	PUNCT
hassl-827	403	13	2002	2002	NUM
hassl-827	403	14	.	.	PUNCT
hassl-827	404	1	macroeconomic	macroeconomic	ADJ
hassl-827	404	2	factors	factor	NOUN
hassl-827	404	3	and	and	CCONJ
hassl-827	404	4	share	share	NOUN
hassl-827	404	5	returns	return	NOUN
hassl-827	404	6	:	:	PUNCT
hassl-827	404	7	an	an	DET
hassl-827	404	8	analysis	analysis	NOUN
hassl-827	404	9	using	use	VERB
hassl-827	404	10	emerging	emerge	VERB
hassl-827	404	11	market	market	NOUN
hassl-827	404	12	data	datum	NOUN
hassl-827	404	13	.	.	PUNCT
hassl-827	405	1	international	international	ADJ
hassl-827	405	2	journal	journal	PROPN
hassl-827	405	3	of	of	ADP
hassl-827	405	4	finance	finance	PROPN
hassl-827	405	5	&	&	CCONJ
hassl-827	405	6	economics	economic	NOUN
hassl-827	405	7	,	,	PUNCT
hassl-827	405	8	7(1	7(1	NUM
hassl-827	405	9	):	):	PUNCT
hassl-827	405	10	51-62.available	51-62.available	ADJ
hassl-827	405	11	at	at	ADP
hassl-827	405	12	:	:	PUNCT
hassl-827	405	13	https://doi.org/10.1002/ijfe.173	https://doi.org/10.1002/ijfe.173	PROPN
hassl-827	405	14	.	.	PUNCT
hassl-827	406	1	flannery	flannery	PROPN
hassl-827	406	2	,	,	PUNCT
hassl-827	406	3	m.j	m.j	PROPN
hassl-827	406	4	.	.	PROPN
hassl-827	406	5	,	,	PUNCT
hassl-827	406	6	a.s	a.s	PROPN
hassl-827	406	7	.	.	PROPN
hassl-827	406	8	hameed	hameed	PROPN
hassl-827	406	9	and	and	CCONJ
hassl-827	406	10	r.h	r.h	PROPN
hassl-827	406	11	.	.	PROPN
hassl-827	406	12	harjes	harjes	PROPN
hassl-827	406	13	,	,	PUNCT
hassl-827	406	14	1997	1997	NUM
hassl-827	406	15	.	.	PUNCT
hassl-827	407	1	asset	asset	NOUN
hassl-827	407	2	pricing	pricing	NOUN
hassl-827	407	3	,	,	PUNCT
hassl-827	407	4	time	time	NOUN
hassl-827	407	5	-	-	PUNCT
hassl-827	407	6	varying	vary	VERB
hassl-827	407	7	risk	risk	NOUN
hassl-827	407	8	premia	premia	NOUN
hassl-827	407	9	and	and	CCONJ
hassl-827	407	10	interest	interest	NOUN
hassl-827	407	11	rate	rate	NOUN
hassl-827	407	12	risk	risk	NOUN
hassl-827	407	13	.	.	PUNCT
hassl-827	408	1	journal	journal	NOUN
hassl-827	408	2	of	of	ADP
hassl-827	408	3	banking	banking	NOUN
hassl-827	408	4	&	&	CCONJ
hassl-827	408	5	finance	finance	PROPN
hassl-827	408	6	,	,	PUNCT
hassl-827	408	7	21(3	21(3	NUM
hassl-827	408	8	):	):	PUNCT
hassl-827	408	9	315-335.available	315-335.available	NUM
hassl-827	408	10	at	at	ADP
hassl-827	408	11	:	:	PUNCT
hassl-827	408	12	https://doi.org/10.1016/s0378-4266(96)00044-1	https://doi.org/10.1016/s0378-4266(96)00044-1	PROPN
hassl-827	408	13	.	.	PUNCT
hassl-827	409	1	flannery	flannery	PROPN
hassl-827	409	2	,	,	PUNCT
hassl-827	409	3	m.j	m.j	PROPN
hassl-827	409	4	.	.	PROPN
hassl-827	409	5	and	and	CCONJ
hassl-827	409	6	c.m	c.m	PROPN
hassl-827	409	7	.	.	PROPN
hassl-827	409	8	james	james	PROPN
hassl-827	409	9	,	,	PUNCT
hassl-827	409	10	1984	1984	NUM
hassl-827	409	11	.	.	PUNCT
hassl-827	410	1	the	the	DET
hassl-827	410	2	effect	effect	NOUN
hassl-827	410	3	of	of	ADP
hassl-827	410	4	interest	interest	NOUN
hassl-827	410	5	rate	rate	NOUN
hassl-827	410	6	changes	change	NOUN
hassl-827	410	7	on	on	ADP
hassl-827	410	8	the	the	DET
hassl-827	410	9	common	common	ADJ
hassl-827	410	10	stock	stock	NOUN
hassl-827	410	11	returns	return	NOUN
hassl-827	410	12	of	of	ADP
hassl-827	410	13	financial	financial	ADJ
hassl-827	410	14	institutions	institution	NOUN
hassl-827	410	15	.	.	PUNCT
hassl-827	411	1	the	the	DET
hassl-827	411	2	journal	journal	PROPN
hassl-827	411	3	of	of	ADP
hassl-827	411	4	finance	finance	NOUN
hassl-827	411	5	,	,	PUNCT
hassl-827	411	6	39(4	39(4	NUM
hassl-827	411	7	):	):	PUNCT
hassl-827	411	8	1141-1153.available	1141-1153.available	NUM
hassl-827	411	9	at	at	ADP
hassl-827	411	10	:	:	PUNCT
hassl-827	411	11	https://doi.org/10.2307/2327618	https://doi.org/10.2307/2327618	NOUN
hassl-827	411	12	.	.	PUNCT
hassl-827	412	1	gorton	gorton	PROPN
hassl-827	412	2	,	,	PUNCT
hassl-827	412	3	g.	g.	PROPN
hassl-827	412	4	and	and	CCONJ
hassl-827	412	5	r.	r.	PROPN
hassl-827	412	6	rosen	rosen	PROPN
hassl-827	412	7	,	,	PUNCT
hassl-827	412	8	1995	1995	NUM
hassl-827	412	9	.	.	PUNCT
hassl-827	413	1	corporate	corporate	ADJ
hassl-827	413	2	control	control	NOUN
hassl-827	413	3	,	,	PUNCT
hassl-827	413	4	portfolio	portfolio	NOUN
hassl-827	413	5	choice	choice	NOUN
hassl-827	413	6	,	,	PUNCT
hassl-827	413	7	and	and	CCONJ
hassl-827	413	8	the	the	DET
hassl-827	413	9	decline	decline	NOUN
hassl-827	413	10	of	of	ADP
hassl-827	413	11	banking	banking	NOUN
hassl-827	413	12	.	.	PUNCT
hassl-827	414	1	the	the	DET
hassl-827	414	2	journal	journal	PROPN
hassl-827	414	3	of	of	ADP
hassl-827	414	4	finance	finance	NOUN
hassl-827	414	5	,	,	PUNCT
hassl-827	414	6	50(5	50(5	NUM
hassl-827	414	7	)	)	PUNCT
hassl-827	414	8	:	:	PUNCT
hassl-827	414	9	1377-1420.available	1377-1420.available	NUM
hassl-827	414	10	at	at	ADP
hassl-827	414	11	:	:	PUNCT
hassl-827	414	12	https://doi.org/10.2307/2329321	https://doi.org/10.2307/2329321	PROPN
hassl-827	414	13	.	.	PUNCT
hassl-827	415	1	hasan	hasan	PROPN
hassl-827	415	2	,	,	PUNCT
hassl-827	415	3	a.	a.	NOUN
hassl-827	415	4	and	and	CCONJ
hassl-827	415	5	z.m	z.m	PROPN
hassl-827	415	6	.	.	PROPN
hassl-827	415	7	nasir	nasir	PROPN
hassl-827	415	8	,	,	PUNCT
hassl-827	415	9	2008	2008	NUM
hassl-827	415	10	.	.	PUNCT
hassl-827	416	1	macroeconomic	macroeconomic	ADJ
hassl-827	416	2	factors	factor	NOUN
hassl-827	416	3	and	and	CCONJ
hassl-827	416	4	equity	equity	NOUN
hassl-827	416	5	prices	price	NOUN
hassl-827	416	6	:	:	PUNCT
hassl-827	416	7	an	an	DET
hassl-827	416	8	empirical	empirical	ADJ
hassl-827	416	9	investigation	investigation	NOUN
hassl-827	416	10	by	by	ADP
hassl-827	416	11	using	use	VERB
hassl-827	416	12	ardl	ardl	NOUN
hassl-827	416	13	approach	approach	NOUN
hassl-827	416	14	.	.	PUNCT
hassl-827	417	1	the	the	DET
hassl-827	417	2	pakistan	pakistan	PROPN
hassl-827	417	3	development	development	PROPN
hassl-827	417	4	review	review	PROPN
hassl-827	417	5	,	,	PUNCT
hassl-827	417	6	47(4	47(4	PROPN
hassl-827	417	7	-	-	PUNCT
hassl-827	417	8	ii	ii	NOUN
hassl-827	417	9	):	):	PUNCT
hassl-827	417	10	501-513.available	501-513.available	NUM
hassl-827	417	11	at	at	ADP
hassl-827	417	12	:	:	PUNCT
hassl-827	417	13	https://doi.org/10.30541/v47i4iipp.501-513	https://doi.org/10.30541/v47i4iipp.501-513	NOUN
hassl-827	417	14	.	.	PUNCT
hassl-827	418	1	hicks	hicks	PROPN
hassl-827	418	2	,	,	PUNCT
hassl-827	418	3	j.r	j.r	PROPN
hassl-827	418	4	.	.	PROPN
hassl-827	418	5	,	,	PUNCT
hassl-827	418	6	1939	1939	NUM
hassl-827	418	7	.	.	PUNCT
hassl-827	419	1	the	the	DET
hassl-827	419	2	foundations	foundation	NOUN
hassl-827	419	3	of	of	ADP
hassl-827	419	4	welfare	welfare	NOUN
hassl-827	419	5	economics	economic	NOUN
hassl-827	419	6	.	.	PUNCT
hassl-827	420	1	the	the	DET
hassl-827	420	2	economic	economic	ADJ
hassl-827	420	3	journal	journal	NOUN
hassl-827	420	4	,	,	PUNCT
hassl-827	420	5	49	49	NUM
hassl-827	420	6	:	:	PUNCT
hassl-827	420	7	696	696	NUM
hassl-827	420	8	-	-	SYM
hassl-827	420	9	712	712	NUM
hassl-827	420	10	.	.	PUNCT
hassl-827	421	1	humanities	humanity	NOUN
hassl-827	421	2	and	and	CCONJ
hassl-827	421	3	social	social	ADJ
hassl-827	421	4	sciences	science	NOUN
hassl-827	421	5	letters	letter	NOUN
hassl-827	421	6	,	,	PUNCT
hassl-827	421	7	2019	2019	NUM
hassl-827	421	8	,	,	PUNCT
hassl-827	421	9	7(3	7(3	NUM
hassl-827	421	10	):	):	PUNCT
hassl-827	421	11	167	167	NUM
hassl-827	421	12	-	-	SYM
hassl-827	421	13	180	180	NUM
hassl-827	421	14	180	180	NUM
hassl-827	421	15	©	©	PROPN
hassl-827	421	16	2019	2019	NUM
hassl-827	421	17	conscientia	conscientia	PROPN
hassl-827	421	18	beam	beam	PROPN
hassl-827	421	19	.	.	PUNCT
hassl-827	422	1	all	all	DET
hassl-827	422	2	rights	right	NOUN
hassl-827	422	3	reserved	reserve	VERB
hassl-827	422	4	.	.	PUNCT
hassl-827	423	1	hurley	hurley	PROPN
hassl-827	423	2	,	,	PUNCT
hassl-827	423	3	w.j	w.j	PROPN
hassl-827	423	4	.	.	PROPN
hassl-827	423	5	and	and	CCONJ
hassl-827	423	6	l.d	l.d	PROPN
hassl-827	423	7	.	.	PROPN
hassl-827	423	8	johnson	johnson	PROPN
hassl-827	423	9	,	,	PUNCT
hassl-827	423	10	1995	1995	NUM
hassl-827	423	11	.	.	PUNCT
hassl-827	424	1	a	a	DET
hassl-827	424	2	note	note	NOUN
hassl-827	424	3	on	on	ADP
hassl-827	424	4	the	the	DET
hassl-827	424	5	measurement	measurement	NOUN
hassl-827	424	6	of	of	ADP
hassl-827	424	7	duration	duration	NOUN
hassl-827	424	8	and	and	CCONJ
hassl-827	424	9	convexity	convexity	NOUN
hassl-827	424	10	.	.	PUNCT
hassl-827	425	1	financial	financial	ADJ
hassl-827	425	2	analysts	analyst	NOUN
hassl-827	425	3	journal	journal	NOUN
hassl-827	425	4	,	,	PUNCT
hassl-827	425	5	51(3	51(3	NUM
hassl-827	425	6	):	):	PUNCT
hassl-827	425	7	77	77	NUM
hassl-827	425	8	-	-	SYM
hassl-827	425	9	79	79	NUM
hassl-827	425	10	.	.	PUNCT
hassl-827	426	1	i	i	PRON
hassl-827	426	2	m	m	PROPN
hassl-827	426	3	,	,	PUNCT
hassl-827	426	4	k.s	k.s	PROPN
hassl-827	426	5	.	.	PROPN
hassl-827	426	6	,	,	PUNCT
hassl-827	426	7	m.h	m.h	PROPN
hassl-827	426	8	.	.	PROPN
hassl-827	426	9	pesaran	pesaran	PROPN
hassl-827	426	10	and	and	CCONJ
hassl-827	426	11	y.	y.	PROPN
hassl-827	426	12	shin	shin	PROPN
hassl-827	426	13	,	,	PUNCT
hassl-827	426	14	2003	2003	NUM
hassl-827	426	15	.	.	PUNCT
hassl-827	427	1	testing	test	VERB
hassl-827	427	2	for	for	ADP
hassl-827	427	3	unit	unit	NOUN
hassl-827	427	4	roots	root	NOUN
hassl-827	427	5	in	in	ADP
hassl-827	427	6	heterogeneous	heterogeneous	ADJ
hassl-827	427	7	panels	panel	NOUN
hassl-827	427	8	.	.	PUNCT
hassl-827	428	1	journal	journal	PROPN
hassl-827	428	2	of	of	ADP
hassl-827	428	3	econometrics	econometric	NOUN
hassl-827	428	4	,	,	PUNCT
hassl-827	428	5	115(1	115(1	NUM
hassl-827	428	6	):	):	PUNCT
hassl-827	428	7	5374.available	5374.available	ADJ
hassl-827	428	8	at	at	ADP
hassl-827	428	9	:	:	PUNCT
hassl-827	428	10	https://doi.org/10.1016/s0304-4076(03)00092-7	https://doi.org/10.1016/s0304-4076(03)00092-7	PROPN
hassl-827	428	11	.	.	PUNCT
hassl-827	428	12	ioannidis	ioannidis	PROPN
hassl-827	428	13	,	,	PUNCT
hassl-827	428	14	c.	c.	PROPN
hassl-827	428	15	and	and	CCONJ
hassl-827	428	16	a.	a.	PROPN
hassl-827	428	17	kontonikas	kontonikas	PROPN
hassl-827	428	18	,	,	PUNCT
hassl-827	428	19	2008	2008	NUM
hassl-827	428	20	.	.	PUNCT
hassl-827	429	1	the	the	DET
hassl-827	429	2	impact	impact	NOUN
hassl-827	429	3	of	of	ADP
hassl-827	429	4	monetary	monetary	ADJ
hassl-827	429	5	policy	policy	NOUN
hassl-827	429	6	on	on	ADP
hassl-827	429	7	stock	stock	NOUN
hassl-827	429	8	prices	price	NOUN
hassl-827	429	9	.	.	PUNCT
hassl-827	430	1	journal	journal	NOUN
hassl-827	430	2	of	of	ADP
hassl-827	430	3	policy	policy	NOUN
hassl-827	430	4	modeling	modeling	NOUN
hassl-827	430	5	,	,	PUNCT
hassl-827	430	6	30(1	30(1	NUM
hassl-827	430	7	):	):	PUNCT
hassl-827	430	8	3353.available	3353.available	ADJ
hassl-827	430	9	at	at	ADP
hassl-827	430	10	:	:	PUNCT
hassl-827	430	11	https://doi.org/10.1016/j.jpolmod.2007.06.015	https://doi.org/10.1016/j.jpolmod.2007.06.015	PROPN
hassl-827	430	12	.	.	PUNCT
hassl-827	431	1	jareño	jareño	PROPN
hassl-827	431	2	,	,	PUNCT
hassl-827	431	3	f.	f.	PROPN
hassl-827	431	4	,	,	PUNCT
hassl-827	431	5	2008	2008	NUM
hassl-827	431	6	.	.	PUNCT
hassl-827	432	1	spanish	spanish	ADJ
hassl-827	432	2	stock	stock	NOUN
hassl-827	432	3	market	market	NOUN
hassl-827	432	4	sensitivity	sensitivity	NOUN
hassl-827	432	5	to	to	ADP
hassl-827	432	6	real	real	ADJ
hassl-827	432	7	interest	interest	NOUN
hassl-827	432	8	and	and	CCONJ
hassl-827	432	9	inflation	inflation	NOUN
hassl-827	432	10	rates	rate	NOUN
hassl-827	432	11	:	:	PUNCT
hassl-827	432	12	an	an	DET
hassl-827	432	13	extension	extension	NOUN
hassl-827	432	14	of	of	ADP
hassl-827	432	15	the	the	DET
hassl-827	432	16	stone	stone	NOUN
hassl-827	432	17	two	two	NUM
hassl-827	432	18	-	-	PUNCT
hassl-827	432	19	factor	factor	NOUN
hassl-827	432	20	model	model	NOUN
hassl-827	432	21	with	with	ADP
hassl-827	432	22	factors	factor	NOUN
hassl-827	432	23	of	of	ADP
hassl-827	432	24	the	the	DET
hassl-827	432	25	fama	fama	NOUN
hassl-827	432	26	and	and	CCONJ
hassl-827	432	27	french	french	ADJ
hassl-827	432	28	three	three	NUM
hassl-827	432	29	-	-	PUNCT
hassl-827	432	30	factor	factor	NOUN
hassl-827	432	31	model	model	NOUN
hassl-827	432	32	.	.	PUNCT
hassl-827	433	1	applied	apply	VERB
hassl-827	433	2	economics	economic	NOUN
hassl-827	433	3	,	,	PUNCT
hassl-827	433	4	40(24	40(24	NUM
hassl-827	433	5	):	):	PUNCT
hassl-827	433	6	3159	3159	NUM
hassl-827	433	7	-	-	SYM
hassl-827	433	8	3171	3171	NUM
hassl-827	433	9	.	.	PUNCT
hassl-827	434	1	johnson	johnson	PROPN
hassl-827	434	2	,	,	PUNCT
hassl-827	434	3	l.d	l.d	PROPN
hassl-827	434	4	.	.	PROPN
hassl-827	434	5	,	,	PUNCT
hassl-827	434	6	1989	1989	NUM
hassl-827	434	7	.	.	PUNCT
hassl-827	435	1	equity	equity	NOUN
hassl-827	435	2	duration	duration	NOUN
hassl-827	435	3	:	:	PUNCT
hassl-827	435	4	another	another	DET
hassl-827	435	5	look	look	NOUN
hassl-827	435	6	.	.	PUNCT
hassl-827	436	1	financial	financial	ADJ
hassl-827	436	2	analysts	analyst	NOUN
hassl-827	436	3	journal	journal	NOUN
hassl-827	436	4	,	,	PUNCT
hassl-827	436	5	45(2	45(2	NOUN
hassl-827	436	6	):	):	PUNCT
hassl-827	436	7	73	73	NUM
hassl-827	436	8	-	-	SYM
hassl-827	436	9	75	75	NUM
hassl-827	436	10	.	.	PUNCT
hassl-827	437	1	karlsson	karlsson	PROPN
hassl-827	437	2	,	,	PUNCT
hassl-827	437	3	s.	s.	PROPN
hassl-827	437	4	and	and	CCONJ
hassl-827	437	5	m.	m.	NOUN
hassl-827	437	6	löthgren	löthgren	NOUN
hassl-827	437	7	,	,	PUNCT
hassl-827	437	8	2000	2000	NUM
hassl-827	437	9	.	.	PUNCT
hassl-827	438	1	on	on	ADP
hassl-827	438	2	the	the	DET
hassl-827	438	3	power	power	NOUN
hassl-827	438	4	and	and	CCONJ
hassl-827	438	5	interpretation	interpretation	NOUN
hassl-827	438	6	of	of	ADP
hassl-827	438	7	panel	panel	NOUN
hassl-827	438	8	unit	unit	NOUN
hassl-827	438	9	root	root	NOUN
hassl-827	438	10	tests	test	NOUN
hassl-827	438	11	.	.	PUNCT
hassl-827	439	1	economics	economic	NOUN
hassl-827	439	2	letters	letter	NOUN
hassl-827	439	3	,	,	PUNCT
hassl-827	439	4	66(3	66(3	NOUN
hassl-827	439	5	):	):	PUNCT
hassl-827	439	6	249255.available	249255.available	ADJ
hassl-827	439	7	at	at	ADP
hassl-827	439	8	:	:	PUNCT
hassl-827	439	9	https://doi.org/10.1016/s0165-1765(99)00237-2	https://doi.org/10.1016/s0165-1765(99)00237-2	PROPN
hassl-827	439	10	.	.	PUNCT
hassl-827	440	1	khawaja	khawaja	PROPN
hassl-827	440	2	,	,	PUNCT
hassl-827	440	3	m.i	m.i	PROPN
hassl-827	440	4	.	.	PROPN
hassl-827	440	5	and	and	CCONJ
hassl-827	440	6	m.u	m.u	PROPN
hassl-827	440	7	.	.	PROPN
hassl-827	440	8	din	din	PROPN
hassl-827	440	9	,	,	PUNCT
hassl-827	440	10	2007	2007	NUM
hassl-827	440	11	.	.	PUNCT
hassl-827	441	1	determinants	determinant	NOUN
hassl-827	441	2	of	of	ADP
hassl-827	441	3	interest	interest	NOUN
hassl-827	441	4	spread	spread	VERB
hassl-827	441	5	in	in	ADP
hassl-827	441	6	pakistan	pakistan	PROPN
hassl-827	441	7	.	.	PUNCT
hassl-827	442	1	the	the	DET
hassl-827	442	2	pakistan	pakistan	PROPN
hassl-827	442	3	development	development	PROPN
hassl-827	442	4	review	review	PROPN
hassl-827	442	5	,	,	PUNCT
hassl-827	442	6	46(2	46(2	NOUN
hassl-827	442	7	):	):	PUNCT
hassl-827	442	8	129143.available	129143.available	ADJ
hassl-827	442	9	at	at	ADP
hassl-827	442	10	:	:	PUNCT
hassl-827	442	11	https://doi.org/10.30541/v46i2pp.129-143	https://doi.org/10.30541/v46i2pp.129-143	NOUN
hassl-827	442	12	.	.	PUNCT
hassl-827	443	1	kundu	kundu	PROPN
hassl-827	443	2	,	,	PUNCT
hassl-827	443	3	s.	s.	PROPN
hassl-827	443	4	and	and	CCONJ
hassl-827	443	5	n.	n.	PROPN
hassl-827	443	6	sarkar	sarkar	PROPN
hassl-827	443	7	,	,	PUNCT
hassl-827	443	8	2016	2016	NUM
hassl-827	443	9	.	.	PUNCT
hassl-827	444	1	return	return	NOUN
hassl-827	444	2	and	and	CCONJ
hassl-827	444	3	volatility	volatility	NOUN
hassl-827	444	4	interdependences	interdependence	NOUN
hassl-827	444	5	in	in	ADP
hassl-827	444	6	up	up	ADP
hassl-827	444	7	and	and	CCONJ
hassl-827	444	8	down	down	ADV
hassl-827	444	9	markets	market	NOUN
hassl-827	444	10	across	across	ADP
hassl-827	444	11	developed	developed	ADJ
hassl-827	444	12	and	and	CCONJ
hassl-827	444	13	emerging	emerge	VERB
hassl-827	444	14	countries	country	NOUN
hassl-827	444	15	.	.	PUNCT
hassl-827	445	1	research	research	NOUN
hassl-827	445	2	in	in	ADP
hassl-827	445	3	international	international	ADJ
hassl-827	445	4	business	business	NOUN
hassl-827	445	5	and	and	CCONJ
hassl-827	445	6	finance	finance	NOUN
hassl-827	445	7	,	,	PUNCT
hassl-827	445	8	36	36	NUM
hassl-827	445	9	:	:	SYM
hassl-827	445	10	297	297	NUM
hassl-827	445	11	-	-	SYM
hassl-827	445	12	311	311	NUM
hassl-827	445	13	.	.	PUNCT
hassl-827	446	1	kwan	kwan	PROPN
hassl-827	446	2	,	,	PUNCT
hassl-827	446	3	s.h	s.h	PROPN
hassl-827	446	4	.	.	PROPN
hassl-827	446	5	,	,	PUNCT
hassl-827	446	6	1991	1991	NUM
hassl-827	446	7	.	.	PUNCT
hassl-827	447	1	re	re	NOUN
hassl-827	448	1	-	-	NOUN
hassl-827	449	1	examination	examination	NOUN
hassl-827	449	2	of	of	ADP
hassl-827	449	3	interest	interest	NOUN
hassl-827	449	4	rate	rate	NOUN
hassl-827	449	5	sensitivity	sensitivity	NOUN
hassl-827	449	6	of	of	ADP
hassl-827	449	7	commercial	commercial	ADJ
hassl-827	449	8	bank	bank	NOUN
hassl-827	449	9	stock	stock	NOUN
hassl-827	449	10	returns	return	NOUN
hassl-827	449	11	using	use	VERB
hassl-827	449	12	a	a	DET
hassl-827	449	13	random	random	ADJ
hassl-827	449	14	coefficient	coefficient	NOUN
hassl-827	449	15	model	model	NOUN
hassl-827	449	16	.	.	PUNCT
hassl-827	450	1	journal	journal	PROPN
hassl-827	450	2	of	of	ADP
hassl-827	450	3	financial	financial	ADJ
hassl-827	450	4	services	service	NOUN
hassl-827	450	5	research	research	NOUN
hassl-827	450	6	,	,	PUNCT
hassl-827	450	7	5(1	5(1	NUM
hassl-827	450	8	):	):	PUNCT
hassl-827	450	9	61-76.available	61-76.available	NUM
hassl-827	450	10	at	at	ADP
hassl-827	450	11	:	:	PUNCT
hassl-827	450	12	https://doi.org/10.1007/bf00127084	https://doi.org/10.1007/bf00127084	PROPN
hassl-827	450	13	.	.	PUNCT
hassl-827	451	1	leibowitz	leibowitz	PROPN
hassl-827	451	2	,	,	PUNCT
hassl-827	451	3	m.l	m.l	PROPN
hassl-827	451	4	.	.	PROPN
hassl-827	451	5	,	,	PUNCT
hassl-827	451	6	1986	1986	NUM
hassl-827	451	7	.	.	PUNCT
hassl-827	452	1	total	total	ADJ
hassl-827	452	2	portfolio	portfolio	NOUN
hassl-827	452	3	duration	duration	NOUN
hassl-827	452	4	:	:	PUNCT
hassl-827	452	5	a	a	DET
hassl-827	452	6	new	new	ADJ
hassl-827	452	7	perspective	perspective	NOUN
hassl-827	452	8	on	on	ADP
hassl-827	452	9	asset	asset	NOUN
hassl-827	452	10	allocation	allocation	NOUN
hassl-827	452	11	.	.	PUNCT
hassl-827	453	1	financial	financial	ADJ
hassl-827	453	2	analysts	analyst	NOUN
hassl-827	453	3	journal	journal	NOUN
hassl-827	453	4	,	,	PUNCT
hassl-827	453	5	42(5	42(5	NUM
hassl-827	453	6	):	):	PUNCT
hassl-827	453	7	1829.available	1829.available	ADJ
hassl-827	453	8	at	at	ADP
hassl-827	453	9	:	:	PUNCT
hassl-827	453	10	https://doi.org/10.2469/faj.v42.n5.18	https://doi.org/10.2469/faj.v42.n5.18	PROPN
hassl-827	453	11	.	.	PROPN
hassl-827	454	1	leibowitz	leibowitz	PROPN
hassl-827	454	2	,	,	PUNCT
hassl-827	454	3	m.l	m.l	PROPN
hassl-827	454	4	.	.	PROPN
hassl-827	454	5	and	and	CCONJ
hassl-827	454	6	s.	s.	PROPN
hassl-827	454	7	kogelman	kogelman	PROPN
hassl-827	454	8	,	,	PUNCT
hassl-827	454	9	1993	1993	NUM
hassl-827	454	10	.	.	PUNCT
hassl-827	455	1	resolving	resolve	VERB
hassl-827	455	2	the	the	DET
hassl-827	455	3	equity	equity	NOUN
hassl-827	455	4	duration	duration	NOUN
hassl-827	455	5	paradox	paradox	NOUN
hassl-827	455	6	.	.	PUNCT
hassl-827	456	1	financial	financial	ADJ
hassl-827	456	2	analysts	analyst	NOUN
hassl-827	456	3	journal	journal	NOUN
hassl-827	456	4	,	,	PUNCT
hassl-827	456	5	49(1	49(1	NUM
hassl-827	456	6	):	):	PUNCT
hassl-827	456	7	5164.available	5164.available	ADJ
hassl-827	456	8	at	at	ADP
hassl-827	456	9	:	:	PUNCT
hassl-827	456	10	https://doi.org/10.2469/faj.v49.n1.51	https://doi.org/10.2469/faj.v49.n1.51	NOUN
hassl-827	456	11	.	.	PUNCT
hassl-827	457	1	levin	levin	PROPN
hassl-827	457	2	,	,	PUNCT
hassl-827	457	3	a.	a.	PROPN
hassl-827	457	4	,	,	PUNCT
hassl-827	457	5	c.f	c.f	PROPN
hassl-827	457	6	.	.	PROPN
hassl-827	457	7	lin	lin	PROPN
hassl-827	457	8	and	and	CCONJ
hassl-827	457	9	c.j	c.j	PROPN
hassl-827	457	10	.	.	PROPN
hassl-827	457	11	chu	chu	PROPN
hassl-827	457	12	,	,	PUNCT
hassl-827	457	13	2002	2002	NUM
hassl-827	457	14	.	.	PUNCT
hassl-827	458	1	unit	unit	NOUN
hassl-827	458	2	root	root	NOUN
hassl-827	458	3	tests	test	NOUN
hassl-827	458	4	in	in	ADP
hassl-827	458	5	panel	panel	NOUN
hassl-827	458	6	data	datum	NOUN
hassl-827	458	7	:	:	PUNCT
hassl-827	458	8	asymptotic	asymptotic	ADJ
hassl-827	458	9	and	and	CCONJ
hassl-827	458	10	finite	finite	ADJ
hassl-827	458	11	-	-	PUNCT
hassl-827	458	12	sample	sample	NOUN
hassl-827	458	13	properties	property	NOUN
hassl-827	458	14	.	.	PUNCT
hassl-827	459	1	journal	journal	PROPN
hassl-827	459	2	of	of	ADP
hassl-827	459	3	econometrics	econometric	NOUN
hassl-827	459	4	,	,	PUNCT
hassl-827	459	5	108(1	108(1	NUM
hassl-827	459	6	):	):	PUNCT
hassl-827	459	7	1	1	NUM
hassl-827	459	8	-	-	SYM
hassl-827	459	9	24	24	NUM
hassl-827	459	10	.	.	PUNCT
hassl-827	460	1	lin	lin	PROPN
hassl-827	460	2	,	,	PUNCT
hassl-827	460	3	c.f	c.f	PROPN
hassl-827	460	4	.	.	PROPN
hassl-827	460	5	and	and	CCONJ
hassl-827	460	6	a.	a.	PROPN
hassl-827	460	7	levin	levin	PROPN
hassl-827	460	8	,	,	PUNCT
hassl-827	460	9	1993	1993	NUM
hassl-827	460	10	.	.	PUNCT
hassl-827	461	1	unit	unit	NOUN
hassl-827	461	2	root	root	NOUN
hassl-827	461	3	tests	test	NOUN
hassl-827	461	4	in	in	ADP
hassl-827	461	5	panel	panel	NOUN
hassl-827	461	6	data	datum	NOUN
hassl-827	461	7	:	:	PUNCT
hassl-827	461	8	new	new	ADJ
hassl-827	461	9	results	result	NOUN
hassl-827	461	10	.	.	PUNCT
hassl-827	462	1	department	department	NOUN
hassl-827	462	2	of	of	ADP
hassl-827	462	3	economics	economic	NOUN
hassl-827	462	4	,	,	PUNCT
hassl-827	462	5	university	university	NOUN
hassl-827	462	6	of	of	ADP
hassl-827	462	7	california	california	PROPN
hassl-827	462	8	at	at	ADP
hassl-827	462	9	san	san	PROPN
hassl-827	462	10	diego	diego	PROPN
hassl-827	462	11	,	,	PUNCT
hassl-827	462	12	discussion	discussion	NOUN
hassl-827	462	13	paper	paper	NOUN
hassl-827	462	14	no	no	NOUN
hassl-827	462	15	.	.	PROPN
hassl-827	463	1	93	93	NUM
hassl-827	463	2	-	-	SYM
hassl-827	463	3	56	56	NUM
hassl-827	463	4	.	.	PUNCT
hassl-827	464	1	lynge	lynge	NOUN
hassl-827	464	2	,	,	PUNCT
hassl-827	464	3	m.j	m.j	PROPN
hassl-827	464	4	.	.	PROPN
hassl-827	464	5	and	and	CCONJ
hassl-827	464	6	j.k	j.k	PROPN
hassl-827	464	7	.	.	PROPN
hassl-827	464	8	zumwalt	zumwalt	PROPN
hassl-827	464	9	,	,	PUNCT
hassl-827	464	10	1980	1980	NUM
hassl-827	464	11	.	.	PUNCT
hassl-827	465	1	an	an	DET
hassl-827	465	2	empirical	empirical	ADJ
hassl-827	465	3	study	study	NOUN
hassl-827	465	4	of	of	ADP
hassl-827	465	5	the	the	DET
hassl-827	465	6	interest	interest	NOUN
hassl-827	465	7	rate	rate	NOUN
hassl-827	465	8	sensitivity	sensitivity	NOUN
hassl-827	465	9	of	of	ADP
hassl-827	465	10	commercial	commercial	ADJ
hassl-827	465	11	bank	bank	NOUN
hassl-827	465	12	returns	return	NOUN
hassl-827	465	13	:	:	PUNCT
hassl-827	465	14	a	a	DET
hassl-827	465	15	multiindex	multiindex	NOUN
hassl-827	465	16	approach	approach	NOUN
hassl-827	465	17	.	.	PUNCT
hassl-827	466	1	journal	journal	NOUN
hassl-827	466	2	of	of	ADP
hassl-827	466	3	financial	financial	ADJ
hassl-827	466	4	and	and	CCONJ
hassl-827	466	5	quantitative	quantitative	ADJ
hassl-827	466	6	analysis	analysis	NOUN
hassl-827	466	7	,	,	PUNCT
hassl-827	466	8	15(3	15(3	NUM
hassl-827	466	9	):	):	PUNCT
hassl-827	466	10	731-742.available	731-742.available	NUM
hassl-827	466	11	at	at	ADP
hassl-827	466	12	:	:	PUNCT
hassl-827	466	13	https://doi.org/10.2307/2330406	https://doi.org/10.2307/2330406	PROPN
hassl-827	466	14	.	.	PROPN
hassl-827	466	15	molyneux	molyneux	PROPN
hassl-827	466	16	,	,	PUNCT
hassl-827	466	17	p.	p.	PROPN
hassl-827	466	18	and	and	CCONJ
hassl-827	466	19	j.	j.	PROPN
hassl-827	466	20	thornton	thornton	PROPN
hassl-827	466	21	,	,	PUNCT
hassl-827	466	22	1992	1992	NUM
hassl-827	466	23	.	.	PUNCT
hassl-827	467	1	determinants	determinant	NOUN
hassl-827	467	2	of	of	ADP
hassl-827	467	3	european	european	PROPN
hassl-827	467	4	bank	bank	PROPN
hassl-827	467	5	profitability	profitability	NOUN
hassl-827	467	6	:	:	PUNCT
hassl-827	467	7	a	a	DET
hassl-827	467	8	note	note	NOUN
hassl-827	467	9	.	.	PUNCT
hassl-827	468	1	journal	journal	NOUN
hassl-827	468	2	of	of	ADP
hassl-827	468	3	banking	banking	NOUN
hassl-827	468	4	&	&	CCONJ
hassl-827	468	5	finance	finance	PROPN
hassl-827	468	6	,	,	PUNCT
hassl-827	468	7	16(6	16(6	NUM
hassl-827	468	8	):	):	PUNCT
hassl-827	468	9	1173-1178.available	1173-1178.available	ADJ
hassl-827	468	10	at	at	ADP
hassl-827	468	11	:	:	PUNCT
hassl-827	468	12	https://doi.org/10.1016/0378-4266(92)90065-8	https://doi.org/10.1016/0378-4266(92)90065-8	PROPN
hassl-827	468	13	.	.	PUNCT
hassl-827	469	1	ngugi	ngugi	PROPN
hassl-827	469	2	,	,	PUNCT
hassl-827	469	3	r.w	r.w	PROPN
hassl-827	469	4	.	.	PROPN
hassl-827	469	5	,	,	PUNCT
hassl-827	469	6	2001	2001	NUM
hassl-827	469	7	.	.	PUNCT
hassl-827	470	1	an	an	DET
hassl-827	470	2	empirical	empirical	ADJ
hassl-827	470	3	analysis	analysis	NOUN
hassl-827	470	4	of	of	ADP
hassl-827	470	5	interest	interest	NOUN
hassl-827	470	6	rate	rate	NOUN
hassl-827	470	7	spread	spread	VERB
hassl-827	470	8	in	in	ADP
hassl-827	470	9	kenya	kenya	PROPN
hassl-827	470	10	.	.	PUNCT
hassl-827	471	1	africa	africa	PROPN
hassl-827	471	2	economic	economic	PROPN
hassl-827	471	3	research	research	PROPN
hassl-827	471	4	consortium	consortium	NOUN
hassl-827	471	5	,	,	PUNCT
hassl-827	471	6	research	research	NOUN
hassl-827	471	7	paper	paper	NOUN
hassl-827	471	8	no	no	INTJ
hassl-827	471	9	.	.	PROPN
hassl-827	471	10	106	106	NUM
hassl-827	471	11	.	.	PUNCT
hassl-827	472	1	nishat	nishat	PROPN
hassl-827	472	2	,	,	PUNCT
hassl-827	472	3	m.	m.	NOUN
hassl-827	472	4	and	and	CCONJ
hassl-827	472	5	r.	r.	PROPN
hassl-827	472	6	shaheen	shaheen	PROPN
hassl-827	472	7	,	,	PUNCT
hassl-827	472	8	2004	2004	NUM
hassl-827	472	9	.	.	PUNCT
hassl-827	473	1	macroeconomic	macroeconomic	ADJ
hassl-827	473	2	factors	factor	NOUN
hassl-827	473	3	and	and	CCONJ
hassl-827	473	4	pakistani	pakistani	ADJ
hassl-827	473	5	equity	equity	NOUN
hassl-827	473	6	market	market	NOUN
hassl-827	473	7	.	.	PUNCT
hassl-827	474	1	the	the	DET
hassl-827	474	2	pakistan	pakistan	PROPN
hassl-827	474	3	development	development	PROPN
hassl-827	474	4	review	review	PROPN
hassl-827	474	5	,	,	PUNCT
hassl-827	474	6	43(4	43(4	NOUN
hassl-827	474	7	):	):	PUNCT
hassl-827	474	8	619-637.available	619-637.available	NUM
hassl-827	474	9	at	at	ADP
hassl-827	474	10	:	:	PUNCT
hassl-827	474	11	https://doi.org/10.30541/v43i4iipp.619-637	https://doi.org/10.30541/v43i4iipp.619-637	PROPN
hassl-827	474	12	.	.	PUNCT
hassl-827	475	1	pedroni	pedroni	NOUN
hassl-827	475	2	,	,	PUNCT
hassl-827	475	3	p.	p.	NOUN
hassl-827	475	4	,	,	PUNCT
hassl-827	475	5	2004	2004	NUM
hassl-827	475	6	.	.	PUNCT
hassl-827	476	1	panel	panel	NOUN
hassl-827	476	2	cointegration	cointegration	NOUN
hassl-827	476	3	,	,	PUNCT
hassl-827	476	4	asymptotic	asymptotic	ADJ
hassl-827	476	5	and	and	CCONJ
hassl-827	476	6	finite	finite	ADJ
hassl-827	476	7	sample	sample	NOUN
hassl-827	476	8	properties	property	NOUN
hassl-827	476	9	of	of	ADP
hassl-827	476	10	pooled	pool	VERB
hassl-827	476	11	time	time	NOUN
hassl-827	476	12	-	-	PUNCT
hassl-827	476	13	series	series	NOUN
hassl-827	476	14	tests	test	NOUN
hassl-827	476	15	,	,	PUNCT
hassl-827	476	16	with	with	ADP
hassl-827	476	17	an	an	DET
hassl-827	476	18	application	application	NOUN
hassl-827	476	19	to	to	ADP
hassl-827	476	20	the	the	DET
hassl-827	476	21	ppp	ppp	PROPN
hassl-827	476	22	hypothesis	hypothesis	NOUN
hassl-827	476	23	.	.	PUNCT
hassl-827	477	1	econometric	econometric	PROPN
hassl-827	477	2	theory	theory	NOUN
hassl-827	477	3	,	,	PUNCT
hassl-827	477	4	20(3	20(3	NOUN
hassl-827	477	5	):	):	PUNCT
hassl-827	477	6	597	597	NUM
hassl-827	477	7	-	-	SYM
hassl-827	477	8	625	625	NUM
hassl-827	477	9	.	.	PUNCT
hassl-827	478	1	peng	peng	PROPN
hassl-827	478	2	,	,	PUNCT
hassl-827	478	3	w.	w.	PROPN
hassl-827	478	4	,	,	PUNCT
hassl-827	478	5	k.	k.	PROPN
hassl-827	478	6	lai	lai	PROPN
hassl-827	478	7	,	,	PUNCT
hassl-827	478	8	f.	f.	PROPN
hassl-827	478	9	leung	leung	PROPN
hassl-827	478	10	and	and	CCONJ
hassl-827	478	11	c.	c.	PROPN
hassl-827	478	12	shu	shu	PROPN
hassl-827	478	13	,	,	PUNCT
hassl-827	478	14	2003	2003	NUM
hassl-827	478	15	.	.	PUNCT
hassl-827	479	1	the	the	DET
hassl-827	479	2	impact	impact	NOUN
hassl-827	479	3	of	of	ADP
hassl-827	479	4	interest	interest	NOUN
hassl-827	479	5	rate	rate	NOUN
hassl-827	479	6	shocks	shock	NOUN
hassl-827	479	7	on	on	ADP
hassl-827	479	8	the	the	DET
hassl-827	479	9	performance	performance	NOUN
hassl-827	479	10	of	of	ADP
hassl-827	479	11	the	the	DET
hassl-827	479	12	banking	banking	NOUN
hassl-827	479	13	sector	sector	NOUN
hassl-827	479	14	.	.	PUNCT
hassl-827	480	1	hkma	hkma	PROPN
hassl-827	480	2	quarterly	quarterly	ADJ
hassl-827	480	3	bulletin	bulletin	NOUN
hassl-827	480	4	,	,	PUNCT
hassl-827	480	5	35	35	NUM
hassl-827	480	6	:	:	SYM
hassl-827	480	7	20	20	NUM
hassl-827	480	8	-	-	SYM
hassl-827	480	9	27	27	NUM
hassl-827	480	10	.	.	PUNCT
hassl-827	481	1	vaz	vaz	PROPN
hassl-827	481	2	,	,	PUNCT
hassl-827	481	3	j.j	j.j	PROPN
hassl-827	481	4	.	.	PROPN
hassl-827	481	5	,	,	PUNCT
hassl-827	481	6	m.	m.	NOUN
hassl-827	481	7	ariff	ariff	PROPN
hassl-827	481	8	and	and	CCONJ
hassl-827	481	9	r.d	r.d	PROPN
hassl-827	481	10	.	.	PROPN
hassl-827	481	11	brooks	brooks	PROPN
hassl-827	481	12	,	,	PUNCT
hassl-827	481	13	2008	2008	NUM
hassl-827	481	14	.	.	PUNCT
hassl-827	482	1	the	the	DET
hassl-827	482	2	effect	effect	NOUN
hassl-827	482	3	of	of	ADP
hassl-827	482	4	interest	interest	NOUN
hassl-827	482	5	rate	rate	NOUN
hassl-827	482	6	changes	change	NOUN
hassl-827	482	7	on	on	ADP
hassl-827	482	8	bank	bank	NOUN
hassl-827	482	9	stock	stock	NOUN
hassl-827	482	10	returns	return	NOUN
hassl-827	482	11	.	.	PUNCT
hassl-827	483	1	investment	investment	NOUN
hassl-827	483	2	management	management	NOUN
hassl-827	483	3	and	and	CCONJ
hassl-827	483	4	financial	financial	ADJ
hassl-827	483	5	innovations	innovation	NOUN
hassl-827	483	6	,	,	PUNCT
hassl-827	483	7	5(4	5(4	NUM
hassl-827	483	8	):	):	PUNCT
hassl-827	483	9	221	221	NUM
hassl-827	483	10	-	-	SYM
hassl-827	483	11	236	236	NUM
hassl-827	483	12	.	.	PUNCT
hassl-827	483	13	views	view	NOUN
hassl-827	483	14	and	and	CCONJ
hassl-827	483	15	opinions	opinion	NOUN
hassl-827	483	16	expressed	express	VERB
hassl-827	483	17	in	in	ADP
hassl-827	483	18	this	this	DET
hassl-827	483	19	article	article	NOUN
hassl-827	483	20	are	be	AUX
hassl-827	483	21	the	the	DET
hassl-827	483	22	views	view	NOUN
hassl-827	483	23	and	and	CCONJ
hassl-827	483	24	opinions	opinion	NOUN
hassl-827	483	25	of	of	ADP
hassl-827	483	26	the	the	DET
hassl-827	483	27	author(s	author(s	NOUN
hassl-827	483	28	)	)	PUNCT
hassl-827	483	29	,	,	PUNCT
hassl-827	483	30	humanities	humanity	NOUN
hassl-827	483	31	and	and	CCONJ
hassl-827	483	32	social	social	ADJ
hassl-827	483	33	sciences	science	NOUN
hassl-827	483	34	letters	letter	NOUN
hassl-827	483	35	shall	shall	AUX
hassl-827	483	36	not	not	PART
hassl-827	483	37	be	be	AUX
hassl-827	483	38	responsible	responsible	ADJ
hassl-827	483	39	or	or	CCONJ
hassl-827	483	40	answerable	answerable	ADJ
hassl-827	483	41	for	for	ADP
hassl-827	483	42	any	any	DET
hassl-827	483	43	loss	loss	NOUN
hassl-827	483	44	,	,	PUNCT
hassl-827	483	45	damage	damage	NOUN
hassl-827	483	46	or	or	CCONJ
hassl-827	483	47	liability	liability	NOUN
hassl-827	483	48	etc	etc	X
hassl-827	483	49	.	.	X
hassl-827	484	1	caused	cause	VERB
hassl-827	484	2	in	in	ADP
hassl-827	484	3	relation	relation	NOUN
hassl-827	484	4	to	to	PART
hassl-827	484	5	/	/	PUNCT
hassl-827	484	6	arising	arise	VERB
hassl-827	484	7	out	out	ADP
hassl-827	484	8	of	of	ADP
hassl-827	484	9	the	the	DET
hassl-827	484	10	use	use	NOUN
hassl-827	484	11	of	of	ADP
hassl-827	484	12	the	the	DET
hassl-827	484	13	content	content	NOUN
hassl-827	484	14	.	.	PUNCT