This paper empirically investigates the impact of U.S. monetary policy surprises on the volatility of stock market returns for euro area countries. More specifically, to extract the unanticipated component of the U.S. monetary policy, we follow the Kuttner's methodology and we use the federal...

Business performance has attracted researchers' attention in the literature of corporate finance over the past decades. However, in the context of the insurance sector, they have given some attention. There are many factors to consider when looking at insurance companies. More than anything,...

The main purpose of this study is to investigate empirically the impact of energy consumption and economic growth on the environmental degradation as measured by CO2 emissions. We utilize the cointegration test, the fully modified OLS, and the panel causality to examine the causality between...

There is an extensive amount of financial literature which focuses on the relationship between the day of the week effect and the returns assets. This relation is developed well by several researchers. Whereas, the obtained results to differentiate from a study to the other one. Thus,...

The purpose of the study is to examine the profitability indicators of commercial banks of Tunisian explored in 2003-2010. The net interest margin (NIM) is used as profitability measure to determine the affect of bank-specific, macroeconomic indicators, financial development indicators and bank...

There is an extensive amount of financial literature which focuses on the relationship between the day of the week effect and the returns assets. This relation is developed well by several researchers. Whereas, the obtained results to differentiate from a study to the other one. Thus,...

In the banking sector, the conditions for creating a sustainable competitive advantage are specific. Moreover, innovation is not protected, new products or new sales methods are easily imitated. Building on traditional thesis factoring May Provide an advantage, aim the durability thereof cannot...

The main idea of this paper is to study theoretically the different ones from the credit portfolio models mainly two models: the macro-factors models and the actuarial models. There are currently three types of models to consider the risk of credit: the structural models also defined by the...

This paper is elaborate of which the main is to present a theoretical analysis between the structural models. There are currently three types of models to consider the risk of credit: the structural models (The KMV Moody's model and the CreditMetrics model) also defined by the models of the...