... developed by Svirydzenka (2016), which encompasses two categories: the depth, accessibility and efficiency of financial institutions ( FII ) and financial markets. Utilizing the Autoregressive Distributed Lag approach introduced by Pesaran and Shin (1999) and Pesaran et al. (2001) , this study...

... Limited Licensed re-use rights only Financial markets Central banks and their policies Financial aspects of economic integration International finance The no-arbitrage condition is a key principle in price discovery in credit risk markets, requiring identical Credit Default Swaps (CDS...

... at: joshua.hall@mail.wvu.edu 19 12 2023 21 01 2024 21 01 2024 © Emerald Publishing Limited 2024 Emerald Publishing Limited Licensed re-use rights only Financial markets Asset pricing Time-series models C22 E21 E32 G12 G14 The challenge of predicting changes...

... Secondary market Securities pricing Regulatory disclosure Financial markets Economics of regulation Market efficiency Debt management Regulatory change Market structure and pricing The analysis of regulatory disclosure impacts in the present study uses trading data on California state...

... nexus between the size of shadow economy and sustainable development in both short run and long run in Africa and across economies with high and low developed credit/financial market. Also, the threshold points beyond which the size of shadow economies dampens sustainable development is lower...

... Cryptocurrency Cryptocurrency exchanges Diversification Financial markets Investment Investment decisions Financial markets and institutions Financial risk and risk management Cryptocurrencies are modern decentralized digital currencies that rely on cryptography to safeguard and govern...

... for their extensions and applications. As several of the authors point out no single model will capture all of the relevant features of a crisis. Agents and markets can behave differently under different situations. For example, financial markets often approximate the predictions of the EMH but at other times...

... outbreaks on the financial markets to the academic discourse. As pandemic events are of low-probability and high-impact risk categorization, their substantial impact on the financial market has drawn considerable attention. The 21st-century world economy has seen the following major pandemic outbreaks...

... that a bubble is evident. Financial markets Financial markets and institutions Behavioral economics C92 G1 […] Americans are apt to be unduly interested in discovering what average opinion believes average opinion to be; and this national weakness finds its nemesis in the stock market...

... that the US market affects (and is a reflection of) the global financial market [ 3 ]. Our approach comprises three steps. First, using the newly developed Hamilton filter methodology (Hamilton, 2018), we decompose each stock series to extract cyclical component. Second, using time-difference analysis, we...

... in the short run. Zhao et al. (2015) report that the occurrence of gold bubbles is influenced by investors’ flight to safety during financial crises. G15 C58 G40 Gold futures Returns volatilities Trading activities Threshold cointegrated Financial markets Econometric modeling...

... implications for regulation of derivatives and financial markets more generally. To the extent exemptions for small entities make good policy, having the appropriate metric is critical. As such, the metric could be a valuable tool for regulators. Originality/value This paper examines the likely objectives...

... inflow. All three financial channels of FDI inflow: financial market size, financial openness and Sharpe ratio significantly influenced FDI inflow. Moreover, inflation, financial openness and Sharpe ratio imply a meaningful impact on the FDI inflow of developed and developing countries, with a relatively...

... rights only Innovation performance Financial constraints Innovation index Logistic regression Firm-level analysis India Financial markets Banks Financial economics G21 O31 Micro small and medium enterprises (MSMEs) are particularly considered important for innovation because...

... emphasizes the potential of “pair trading” in commodity market context that is seldom discussed in academic papers. Financial markets Market efficiency Asset pricing Econometric modelling Metals Futures Pairs trading Cointegration C51 G11 G13 The claim that futures prices affect...

...Md. Saifur Rahman; Shahari Farihana Purpose This paper aims to examine whether the US influences the ASEAN + 3 financial market integration. Design/methodology/approach A two-stage cointegration test is used in the estimation by using equity indices from selected member economies and the USA...

... at the expense of depth and access in developing countries. Institutions, as proxied by control of corruption, have broader positive impact on FD, particularly on financial markets. These findings have important implications for developing countries keen to foster the development of their financial system...

...Moustapha Daouda Dala Purpose This paper aims to investigate how stockholders and bondholders react to the information disclosed on the financial markets during crisis periods. This paper considers the 2011 European Banking Authority’s stress test as it disclosed detailed information about banks...

...-capitalized pension systems (Mesa-Lago, 2014) . According to recent literature, there is doubt about the ability to preserve adequate benefit levels in old age based on the capitalized scheme (Ebbinghaus, 2019 ; Grech, 2018). Economic development Financial markets Financing policy Minimum pension...

... Brexit Dynamic conditional correlations Financial markets Financing policy Event studies G14 G15 G32 “The UK economy has entered a period of adjustment following the EU referendum. The likelihood that some UK-specific risks to financial stability could materialise remains elevated...