returns and volatility remain stable. Using such an augmented specification, it turns out that the excessive M3 growth rates …

returns in secondary markets. The results of our empirical tests, based on a dataset of stocks from the Neuer Markt and the …We study the link between underpricing of initial public offerings (IPOs) and index excess returns in secondary markets …

comovement of stock markets to forecast stock returns in European stock markets for high-technology firms. We used weekly data on … returns in the Neuer Markt, the Nouveau Marché, the Alternative Investment Market, and the NASDAQ. We found substan … returns. We also studied how monitoring the comovement of stock markets would have affected the performance of simple trading …

of multisectoral real business cycle models are examined by resorting to testing techniques based on stock market returns …. The empirical evidence is obtained by calculating cross-correlation coefficients of sectoral stock market returns with …