... 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...

... hypotheses we test. Section 3 provides the data used in the empirical part of this paper. In Section 4, the methodology framework has been discussed and Section 5 presents the empirical analysis. Finally, we conclude our paper in Section 6. Financial markets Central banks and their policies...

... Publishing Limited Licensed re-use rights only Financial markets Asset pricing Time-series models C22 E21 E32 G12 G14 Finally, in the AR(4) specification, we estimate: x t = β 0 + ∑ j = 1 4 β j x t − j + ϵ t where x t...

...@binghamton.edu 09 09 2019 31 05 2020 24 09 2020 © Emerald Publishing Limited 2020 Emerald Publishing Limited Licensed re-use rights only Municipal securities Secondary market Securities pricing Regulatory disclosure Financial markets Economics of regulation Market...

... 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 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 their transactions...

... for their extensions and applications. Adaptive markets Agent-based modeling Behavioral finance Complexity economics Efficient markets Evolutionary economics Financial crises Mental models Narrative economics Radical uncertainty Financial markets Financial economics Financial meltdown The shock...

... financial markets amid the spread of COVID-19. Apart from the market efficiency assumptions, the traditional finance theory assumes that the “representative economic agent” in the economy is rational in two ways, i.e.: makes decisions according to the axioms of expected utility theory...

... (Summers and Summers, 1989) [ 1 ]. In the aftermath of the Wall Street Crash of 1929, the renowned British economist John Maynard Keynes promoted a tax on trades in financial markets to reduce excess speculation and volatility in American financial markets (Keynes, 1964). In response to the 1987 market...

..., when many emerging countries began to adopt open market policies. Asset managers in developed countries closely watch financial market conditions in emerging markets, as understanding the level of market integration helps them diversify their portfolios. Diamandis (2009) examines long-run...

... 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...

.... So, the first hypothesis of the study is: Innovation performance Financial constraints Innovation index Logistic regression Firm-level analysis India Financial markets Banks Financial economics Micro small and medium enterprises (MSMEs) are particularly considered important...

... 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...

... © Emerald Publishing Limited 2021 Emerald Publishing Limited Licensed re-use rights only 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...

...-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...