Recognizing the problems of estimation error in computing risk premia via arbitrage pricing, this paper provides a …

datasets where the number of fixed effects makes standard estimation techniques infeasible. The methods work for balanced and … unbalanced panels and increase the speed of estimation without imposing excessive computational demands. I will apply the methods …

This paper examines the importance of the economic sentiments of some macroeconomic key variables in Estonia, Slovenia … and Latvia. We analyze the importance of domestic as well as foreign sentiments with respect to these economies against … domestic stock prices, income and sentiments; and, secondly, we take external effects stemming from EMU and US share prices and …

This paper examines the importance of diff erent economic sentiments, e.g. consumer moods, for the Central and Eastern … also lead to an increase in the dependence of the CEECs’ domestic market performance on global sentiments, we also … investigate the relationship between global economic sentiments and domestic income and share prices. Finally, we test whether the …