terms of returns and volatility, received much less attention. With the use of an econometric methodology, the paper aims to …

, both in terms of returns and volatility, is still a barren landscape. Using econometric methodology, the paper investigates …" and War conflicts in the 21st Century. Empirical findings underscore the effect of such incidents on hospitality …

The paper considers the problem as to whether financial returns have a common volatility process in the framework of … stochastic volatility models that were suggested by Harvey et al. (1994). We propose a stochastic volatility version of the ARCH … test proposed by Engle and Susmel (1993), who investigated whether international equity markets have a common volatility …

vary according to whether they are in low or high volatility regimes. …