We analyze four years of transaction data for euro-area sovereign bonds traded on the MTS electronic platform. In order to measure the informational content of trading activity, we estimate the permanent price response to trades. We find not only strong evidence of information asymmetry in...

We analyse four years of transaction data for euro-area sovereign bonds traded on the MTS electronic platforms. In order to measure the informational content of trading activity, we estimate the permanent price response to trades. We not only find strong evidence of information asymmetry in...

Nowadays, Biometrics has become a popular tool in personal identification as it can use physiological or behavioral characteristics to identify individuals. Recent advances in information technology has increased the accuracy of biometric to another level, there is still a slew of problems...

This article proposes an effective method for real-time banknote recognition, using digital image processing. The new Series 7 New Zealand banknotes are considered, as a case study, for intelligent real-time recognition. The composite feature of a banknote containing the elements of color and...

Purpose: The purpose of this study is to assess the factors that motivate young people’s intention to undergo cosmetic surgery in Vietnam. Design/methodology/approach: This study applies Ajzen’s theory of planned behavior as a research model. The study is based on a quantitative method that...

Theoretical studies show that shocks to funding constraints should affect and be affected by market illiquidity. However, little is known about the empirical magnitude of such responses because of the intrinsic endogeneity of illiquidity shocks. This paper adopts an identification technique...