This paper uses daily data to analyze how Turkish stock market reacted to terror attacks that took place between 1996 and 2007 in Turkey and September 11, 2001 in the United States. Two different methodologies are used. The first one is abnormal returns methodology, and the second one is time...

Stock market indices are today a vital and daily tool for both economists and actors in the financial world. The multiplication and the very importance given to these indices raise the question of their accuracy and of the reliability of the methods that are used to construct them. We begin an...

Purpose – This study aims to investigate the dynamic relationships between oil price shocks and Indian stock market. Design/methodolgy/approach - The study used daily data for the period starting from January 2001 to March 2013. In this study, Johansen's cointegration test, vector error...

Volatility refers to the amount of uncertainty or risk about the size of changes in a security's value. The increased interest of foreign institutional investors (FIIs) in Indian equity market has been correlated frequently with the volatility in stock markets in India. This paper investigates...

In recent times, economies worldwide are believed to be interrelated. This led to the interdependence of financial institutions such that developments in any part of the world, affects other parts as well. Thus, this study examines the extent to which the recent global financial crisis...

Clarifying the impact of corporate social responsibility on the economic and/or financial performance of the firm has been the subject of numerous studies, which focus on the nature of the interaction between the ability of companies to achieve a high level of corporate social responsibility on...

In this paper we had studied the relationship between social networks and micro (small)-shareholders, also, and we had answered this basic question that whether social networks affect shareholders decision- making for entering stock market and selling and buying the shares? If it so, which one...

The objective of this paper is to analyze dependence structure between the returns of Croatian and five European stock markets (Austrian, French, German, Italian, and the U.K.’s). We propose a copula GARCH approach, where the return series are modeled as univariate GARCH processes and the...

This paper analyzes the transmission of shocks and policies among and across the Nordic economies and the rest of the world. This spillover analysis is based on a pair of estimated structural macroeconometric models of the world economy, disaggregated into thirty five national economies. We find...

Monetary aggregates are now much less used as policy instruments as identifying the right measure has become difficult and interest rate transmission has worked well in an increasingly complex financial system. In this process, little attention was paid to the potential spillover of excess...