Narrow search
Showing 1 - 10 of 214
Cover Image
Is there a friday the 13th effect in emerging Asian stock markets?
Auer, Benjamin R.; Rottmann, Horst - 2013
In this article, we revisit the Friday the 13th effect discussed by Kolb and Rodriguez (1987) that has received increased interest in recent research. Using a dummy-augmented GARCH model, we investigate whether the occurrence of this superstitious calendar day has significant impact on the...
Persistent link: https://www.econbiz.de/10010189834
Cover Image
Global and regional financial integration in emerging Asia : evidence from stock markets
Caporale, Guglielmo Maria; Gil-Alaña, Luis A.; You, Kefei - 2017
emerging Asia there is more regional than global integration, and that the former has become even stronger in the post-2008 …
Persistent link: https://www.econbiz.de/10011654611
Cover Image
Monetary policy, vagabonding liquidity and bursting bubbles in new and emerging markets : an overinvestment view
Schnabl, Gunther (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003599390
Cover Image
Political booms, financial crises
Herrera, Helios; Ordoñez, Guillermo; Trebesch, Christoph - 2014
We show that political booms, measured by the rise in governments' popularity, predict financial crises above and beyond other better-known early warning indicators, such as credit booms. This predictive power, however, only holds in emerging economies. We show that governments in emerging...
Persistent link: https://www.econbiz.de/10010391815
Cover Image
Do bubbles lead to overinvestment? : a revealed preference approach
Chirinko, Robert S.; Schaller, Huntley - 2011
between 15.1% and 45.2% too much capital. These estimates suggest that, even before they burst, bubbles adversely affect … economic activity by misallocating capital. -- bubbles ; investment ; stock markets ; real effects of financial markets …
Persistent link: https://www.econbiz.de/10009153871
Cover Image
Leveraged bubbles
Jordà, Òscar; Schularick, Moritz; Taylor, Alan M. - 2015
What risks do asset price bubbles pose for the economy? This paper studies bubbles in housing and equity markets in 17 … countries over the past 140 years. History shows that not all bubbles are alike. Some have enormous costs for the economy, while … others blow over. We demonstrate that what makes some bubbles more dangerous than others is credit. When fueled by credit …
Persistent link: https://www.econbiz.de/10011309562
Cover Image
Abnormal returns and stock price movements : some evidence from developed and emerging markets
Caporale, Guglielmo Maria; Plastun, Alex - 2020
This paper investigates the impact of abnormal returns on stock prices by using daily and hourly data for some developed (US, UK, Japan) and emerging (China, India) markets over the period 01.01.2010-01.01.2020. Average analysis, t-tests, CAR and trading simulation methods are used to test the...
Persistent link: https://www.econbiz.de/10012390869
Cover Image
The impact of the global financial crisis on business cycles in Asian emerging economies
Fidrmuc, Jarko; Korhonen, Iikka - 2009
We analyze the transmission of global financial crisis to business cycles in China and India. The pattern of business cycles in emerging Asian economies generally displays a low degree of synchronization with the OECD countries, which is consistent with the decoupling hypothesis. By contrast,...
Persistent link: https://www.econbiz.de/10003861779
Cover Image
International financial integration and real exchange rate long-run dynamics in emerging countries : some panel evidence
Caporale, Guglielmo Maria; Hadj Amor, Thouraya; Rault, … - 2009
America, Asia and MENA). It covers the period 1979-2004, and carries out second-generationʺ tests for non-stationary panels …
Persistent link: https://www.econbiz.de/10003891665
Cover Image
Sources of real exchange rate volatility and international financial integration : a dynamic GMM panel approach
Caporale, Guglielmo Maria; Hadj Amor, Thouraya; Rault, … - 2011
grouped into three regions (Latin America, Asia and MENA). Our findings suggest that different types of shocks (external, real …
Persistent link: https://www.econbiz.de/10009378390