This study compares three types of portfolio investment strategies: analyst-recommended, recommendation changes and momentum for the United States stock market. We compare these portfolios by period, size, and industry. Our results show that the momentum portfolio performs best across all...

This study examines the effect of foreign direct investment (FDI) on human development and demonstrates the moderating role of governance on the relationship between FDI and human development in the Association of Southeast Asian Nations (ASEAN) from 2001 to 2018 using fixed-effect and two-stage...

This study examines the relationship between the weather and intraday investor sentiment. Our results indicate that high temperatures, high humidity, high cloud coverage, and extreme rain negatively affect investors’ moods, whereas high winds and long sunshine durations improve their moods....

This study examines the effect of global risk aversion on future real economic activity (REA) and stock market volatility. We propose new international real business cycle (RBC) frameworks with a stochastic global risk-aversion spillover process by extending the commonly used RBC models. We also...

Female marriage-related migration from less-developed nations to high-income ones is rapidly rising in Asia. Using a unique dataset based on the South Korean Youth Risk Behavior Survey, we examine the effects of social support on reducing suicidal ideation in the children with foreign-born...

This study suggests a portfolio theory encompassing various payment methods that are newly emerging as the development of the cryptocurrency market and central bank digital currencies (CBDCs) accelerates. We determine the payment methods chosen by an individual under given conditions by...

Albeit many scholars have studied the relationship between option-based incentives and corporate innovation, the results have been controversial. We divide corporate innovation into two dimensions: innovation inputs and outputs. Thereafter, we use propensity score matching and...