This paper adds new methodology to the existing methods used in the literature of early warning systems and signals approach developed to predict crashes. Results show that the probability of extreme outcomes is much higher before the crises than during the crises. Even though the two...

We adopted a restricted version of Source Differentiated Almost Ideal Demand System (RSDAIDS) to analyse the US import demand for fresh apples, apple juice and other processed apples after differentiating each type of apple by import origins. Seasonality and time trend variables were included in...

The economic consequences deriving from the activity of mergers and acquisitions to US bidders are not supportive of its increasing tendency diachronically. Clearly, positive returns are recorded before and during the third merger wave, while in the fourth quarter of the last century the...

The Obama administration has called for a heightened amount of transparency in financial reporting culminating from the recent debacle on Wall Street. Interestingly, as our economy wavers between recession and or depression, the worldwide economy is focused on gross domestic product or GDP which...

The study assesses the impact of the 2007 US sub-prime crisis on the Malaysian stock market by analysing both the benchmark and sectoral indices. Specifically, it empirically examines the integration of the Malaysian, US and Japanese stock markets at the sectoral level, such as finance,...

The dominant presence of private Addiction Treatment Centres (ATCs) raises questions about how changes in ownership mix affect access to and quality of care. This paper examines the relationship between an ATC's ownership choice and the ownership mix in its market. Organisational and market...