The asymptotic distributions of the maximum likelihood estimator of the persistence parameter are developed in a linear diffusion model under three sampling schemes, long-span, in-fill and double. Simulations suggest that the in-fill asymptotic distribution gives a more accurate approximation to...

Even before the events of the past few years, economists and policy makers were musing about the apparent contradiction between globalization, as it is generally understood, and the seemingly different paths in overall economic activity taken by the emerging and more mature economies of the...

The empirical growth literature gives no clear indication as to how democracy impacts growth; there is evidence of both positive and negative effects and also of no direct link in democracy and growth nexus. In this study an attempt has been made to resolve this controversy by putting this...

We analyse trade between countries of the Council of Mutual Economic Assistance in Eastern Europe between 1950 and 1990. Despite central planning of the CMEA, we show that trade could be explained by standard demand factors surprisingly well. We document that the oil price crisis had several...

Employees’ commitment is very important for an organization. Once the employees’ commitments reduce, the organization could face the difficulty in retaining the employees. The purpose of this study is to examine whether there is significant relationship between organizational commitment and...

This paper investigates the relationships of the Bloomberg Gender Equality Index and the MSCI World Index in global financial markets. The main objective is to analyze the degree of integration of each index from a fractional perspective for the years 2014-2021. The methodology involves...

This paper aims to investigate the volatility spillovers among selected emerging economies' sovereign credit default swaps (SCDSs), including those of Saudi Arabia, Russia, China, Indonesia, South Africa, Brazil, Mexico, and Turkey. Using data from January 2010 to July 2023, we apply the...

The identification of factors influencing the renewable energy stock market has recently received much attention from scholars. While the implications of economic policy uncertainty on renewable energy stock markets have been extensively studied in recent literature, less attention has been paid...

The present study aimed to investigate the presence of asymmetric stochastic volatility and leverage effects within the Nasdaq-100 index. This index is widely regarded as an important indicator for investors. We focused on the nine leading stocks within the index, which are highly popular and...

En este artículo se pretende analizar si existe histéresis en la tasa natural de desempleo, analizar sus determinantes y sus efectos sobre el mercado laboral para el consolidado de siete á reas metropolitanas en Colombia. Usando los datos de la Encuesta Continua de Hogares (ECH), se...