We study the extremal dependence of market and liquidity risk, the former being measured through the market value and the latter being measured through the relative bid-ask spread. We apply a non-parametrical approach to measure bivariate exceedance probabilities and the respective dependence...

Purpose - This research aims to analyse the variables related to the purchase intention of COVID-19 rapid tests in Monterrey, Mexico's metropolitan area. Design/methodology/approach - The chosen method was probit regression. The results show that purchase intention depends on the consumer's...

The most widely used tool to measure, gear and control market risk is value-at-risk (VaR).VaR quantifies the worst loss over a specified target horizon with a given statisticalconfidence level. In other words, it represents a quantile of an estimated profit-lossdistribution. Various...