Showing 1 - 10 of 73
We test the existence and reveal the main properties of commonality in liquidity for the foreign exchange (FX) markets at the high-frequency level. Accordingly, commonality in FX liquidity exists even at the high-frequency level and it has been gradually increasing over the last few years....
Persistent link: https://www.econbiz.de/10012838964
The COVID–19 pandemic has shaken the global financial markets. Our study examines the role of gold as a safe haven asset during the different phases of this COVID–19 crisis by utilizing an intraday dataset. The empirical findings show that dynamic conditional correlations (DCCs) between...
Persistent link: https://www.econbiz.de/10012831892
This paper provides a systematic review of the empirical literature on the major topics that have been associated with the market for cryptocurrencies since their development as a financial asset in 2009. Despite astonishing price appreciation in recent years, cryptocurrencies have been...
Persistent link: https://www.econbiz.de/10012924511
Using a sample of Irish Buy-to-let residential property investors, we provide a breakdown of their characteristics. We confirm some issues suspected in popular discourse and find new evidence. We provide evidence on the determinants of the decision to sell or not amongst a sample of Irish...
Persistent link: https://www.econbiz.de/10013074800
Corruption in finance is a relatively new topic which is gathering researcher's attention because of the increase in frauds and alike activities in the financial sector. The main aim of this article is to aid researchers to understand the overall trends, shifts and structure of corruption in...
Persistent link: https://www.econbiz.de/10014517069
We examine the three interlinked Irish crises: the competitiveness, fiscal and banking crises, showing how all three combined to lay a lethal trap for Ireland. Starting from a point of economic balance, a series of poor government decisions led to the country once dubbed the “Celtic tiger”...
Persistent link: https://www.econbiz.de/10008871921
In this study, we examine the multiple direct foreign-listing by analyzing characteristics of listing firms as well as hosting and home countries. Our results show that listing premium increases over time, but this premium diminishes as the firm lists in additional foreign markets. Multiple...
Persistent link: https://www.econbiz.de/10010665568
We assess whether two classes of bubbles occur in the spot price of gold, rational speculative and periodically bursting bubbles, using gold’s lease rates for the first time in the literature as a measure of its fundamental value. This question is of particular significance as these are the...
Persistent link: https://www.econbiz.de/10010743411
We find that investors across the globe differentially prefer dividend-paying stocks over non-dividend-paying stocks more in declining markets than in advancing markets, whether in developed or emerging markets or before or after the 2008 global crisis, even accounting for growth opportunities,...
Persistent link: https://www.econbiz.de/10011097626
Despite their importance there is a relative dearth on spillovers within the industrial metal class. This is particularly acute in regard to volatility spillovers. Using the Diebold and Yilmaz (2009) methodology we analyze these metals over a 20 year period, showing the evolution of volatility...
Persistent link: https://www.econbiz.de/10011097627