One of the main indicators is the reference of the feasibility of detecting an investor in the stock market investment is the company's profit. Profit can be reflected by the level of EPS or ROA. Generally, an increase in EPS and ROA index will be linear with the increase in stock price. The...

Overlapping climate policies can interact in undesired ways. This paper is the first to employ an event study to investigate the interaction of national coal phase-outs and the European emissions trading system (EU ETS) by empirically examining how allowance prices reacted to coal phase-out...

This paper applies the Campbell-Shiller (1988) methodology to estimate a price dividend model with volatility and inflation risk, extending existing models in this field. The model fits the data well over the period 1979-2002 for the Euro Area, but less so for the U.S. The latter is interpreted...