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The research investigates the long-run overreaction phenomenon in EURONEXT stock exchange. Data of EURONEXT stock exchange for the period of 2000-2017 were employed for the winner and the loser portfolio formation and systemic risk adjustment with the CAPM. Robustness was checked with t-test...
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Studies find that in time of crisis such as natural disasters, in most cases, people in crowds are capable to remain calm and to help each other. Referred as 'collective resilience', this capability can increase a society's capacity to withstand crises and disasters. Therefore, for both academia...
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The paper aims to identify the number of sheep and goats existing in Romania, spread over Macroregions, Development Regions and counties and to present its evolution in the period 2014-2019. At the same time, a comparison will be made with the situation registered in 1990. The favorable...
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setup we can disentangle causal herding behavior from simple co-movement between credit rating agencies due to changes in … significant herding behavior among credit rating agencies. This average herding behavior amounts to 0.4 notches for a one notch …
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