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Purpose - The intervalling effect bias of beta refers to the sensitivity of beta estimation with respect to the reference time interval on which returns are measured and its manifestation may indicate the degree of market inefficiencies. The purpose of this paper is to study the intervalling...
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was given to all countries, including Greece of course, in order to accelerate the development dynamics in Europe …
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This study examines the effect of macroeconomic shocks on the shipping market using time-series data by comparing the … in the shipping market was consistent with the theoretical predictions. Second, the freight rates were the most affected … by VIX shock during the global financial crisis, by fleet development shock during the period of overbuilt shipping …
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This paper discusses why Greece has done so poorly in comparison with all other European Union countries since the … onslaught of the global financial crisis in 2008. To show what was wrong with its fiscal adjustment, this paper compares Greece …, notably Nobel Prize winner and New York Times columnist Paul Krugman, who claimed that Greece suffered from austerity. Because …
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