This article questions the empirical usefulness of leverage effects to describe the dynamics of equity returns. Relying on both in and out of sample tests we consistently find a weak contribution of leverage effects over the past 25 years of S&P 500 returns. The skewness in the conditional...

International terrorism is one of the global problems of today. In recent years it has increased and spread in Eastern and Western Europe. This study focused on the emergence and spread of international terrorism, as well as finding ways to deal with it at the present stage. The article provides...

This paper presents a realist reflection on the crisis in Ukraine from the perspective of the Western powers, in particular, that of the United States. Its theoretical argumentation is built on the basis of thoughts of contemporary realist minded scholars and geopoliticians, but, concomitantly,...

How are Asian countries preparing children to have skills-including creativity, innovation, and technical capability-to compete in the 21st Century global economy? Countries including China, Korea, Japan and Singapore have begun to integrate education policy and practice into a key component of...

This article uses Bourdieu's theory of practice (BTOP) to understand immigrants' acculturation. It synthesizes research findings by discussing acculturation as: (1) equalization of immigrants' and natives' development (convergence); (2) language and social practices related to economic,...

The Joint Comprehensive Plan of Action or the Iranian Nuclear Deal was a real success of multilateral diplomacy. A transaction in the global request to stop the Iranian nuclear proliferation. The paper focuses on the United States withdraw from JCPOA and the difficulty of European Union to...