Showing 1 - 10 of 4,496
-induced demand for luxury consumption in collectibles markets …
Persistent link: https://www.econbiz.de/10013093433
Works of art are neither easily tradable across borders, nor evaluated according to globally identical standards. We examine geographical segmentation and its effects on price formation and returns in the international art auction market. We find (i) a close connection between the country of...
Persistent link: https://www.econbiz.de/10014148287
We develop a classification methodology for the context and content of news articles to predict risk and return in stock markets in 51 developed and emerging economies. A parsimonious summary of news, including topic-specific sentiment, frequency, and unusualness (entropy) of word flow, predicts...
Persistent link: https://www.econbiz.de/10012854443
We have seen China's growing role in the past decades, and the world economy has become more exposed to the influence … of China. This paper explores emerging China's impact on the global equity market through the lens of asset pricing. We … study the predictive properties of the lagged China returns for global stock returns and find that the lagged China returns …
Persistent link: https://www.econbiz.de/10012824300
cryptocurrencies of 354 industries in the US and 137 industries in China …
Persistent link: https://www.econbiz.de/10012913335
international currency. If the renminbi were to become a dominant international currency, it would require China to attain a much …
Persistent link: https://www.econbiz.de/10013046848
The market for the credit ratings of Chinese firms is large and growing. We focus our analysis on the firms that have ratings from both domestic and global agencies. Despite the similar symbols, the rating scales of the domestic and global agencies differ: domestic agencies rate firms that are...
Persistent link: https://www.econbiz.de/10012953020
applied to estimate the joint distributions between green bonds and selected financial assets in both US and China. The … found that green bonds in the US and China converge in many aspects, suggesting a smaller cross-country difference than …
Persistent link: https://www.econbiz.de/10013175797
We examine the stock price reactions to the mass inclusion of China A-shares in the Morgan Stanley Capital …
Persistent link: https://www.econbiz.de/10013292527
Culture has attributes of a global public good that needs to be preserved for mankind as a whole. World Culture Certificates are proposed to efficiently preserve World Heritage. The community of nations has to agree on the Global Heritage List and how much each nation is to contribute to that...
Persistent link: https://www.econbiz.de/10003872401