, Romania, Slovakia and Slovenia over the last boom-bust cycle in 2004-2012. The results confirm that exporting is related to … an effect on the output volatility of firms. We use large representative firm-level databases from Estonia, Hungary … output volatility. In this vein, our paper investigates whether exporting and export diversification at the firm level have …

This paper investigates calendar anomalies for four emerging stock markets (Romania, Bulgaria, Croatia and Turkey) and … both return and volatility are examined: The day of the week effect, the January effect, the half month effect, the turn of … the week, turn of the month, time of the month) in both mean and volatility equations for Greece and Turkey, which is …

This paper employs weighted least squares to examine the risk-return relation by applying high-frequency data from four … returns and expected risk. However, by using quantile regressions, we find that the risk-return relation moves from negative … to positive as the returns’ quantile increases. A positive risk-return relation is valid only in the upper quantiles. The …