The Impact of Global Financial Crisis on Presented and Returned Checks in Jordan

Abstract

The aim of this paper is to investigate the impact of global financial crises on the presented and returned checks in Jordan .For this purpose we collected imperial data from central bank, new York stock exchange and Jordanian department of statistics .we collected the data of 15 years to run the analysis .we used bivariate pearson correlation and multiple regression techniques to check the relationship between GFC and presented and returned checks and what is effect of GFC on the both presented and return checks .according to bivariate pearson correlation results there is positive relationship between presented and returned checks .this result has also  shown there is strong relationship between  dow jones market drop and increasing presented checks .the multiple regressions have shown that there is significant effect for GFC on the presented checks in Jordan and negative relationship between GFC on return checks in Jordan .in this study also analysis of other Arab countries.

Keywords: bivariate Pearson, Dowjones, GFC, Arabcountries, Jordan, central bank