Search results for " market"

Economic studies on higher education and productivity

2015

Returns To Education During And After The Economic Crisis: Evidence From Latvia 2006–2012

2017

We employ EU-SILC micro data for Latvia to study how returns to education changed during the economic crisis of 2008–2009 and afterwards. We found that returns to education increased significantly during the crisis and decreased slightly during the subsequent economic recovery. The counter-cyclical effect was evident in nearly all population groups. After the crisis, education became more associated than before with a longer working week and a higher employment probability. Furthermore, we show that returns to education in Latvia are generally higher in the capital city and its suburbs than outside the capital city region, as well as for citizens of Latvia than for resident non-citizens and…

Administracyjnoprawna ochrona konsumenta na rynku finansowym

2018

The Case Study in Family Business : An Analysis of Current Research Practices and Recommendations

2016

In this study, we identified and analyzed 75 articles in the family business (FB) literature between 2000 and 2014 as to the case study design they adopted. We found that the positivistic case study approach is the FB disciplinary convention. The two alternative approaches of critical realism and interpretivism are used to a significantly lesser extent. We anticipate that in the future the positivistic approach will continue to be used widely. The other two approaches can be employed to a higher extent since their use is likely to contribute to a scientific pluralism in FB case study research.

Idiomas rakstos par tirgvedību

2016

Šīs bakalaura darbs sniedz padziļinātu analīzi par idiomām rakstos par tirgvedību. Lai veiktu pētījumu, kvalitatīvā un kvantitatīvā analīze tika izmantota. Praktiskās daļas rezultāti liecina, ka pārsvarā vienā rakstā ir viena idioma. Lielākā daļa idiomu funkcionē kā darbības vārdi un lietvārdi. Mazāk ir idiomas kas funkcionē kā īpašības vārdi un apstākļa vārdi. Vismazāk idiomu funkcionē kā prievārdi. Korpusa analīze norāda, ka idiomas galvenokārt tiek izmantotas, lai padarītu angļu valodu krāsaināku, bet mazāk parādījās idiomas, kas tiek izmantotas, lai teksts šķistu interesantāks. Mērķis ir veiksmīgi sasniegts. Tālākam pētījumam teorētiskajā daļā ir nepieciešama padziļināta analīze kā atšķ…

Economic policy uncertainty effects for forecasting future real economic activity

2018

Recently introduced measures for Economic Policy Uncertainty (EPU) included in the data from 1997 - 2016 have a role in forecasting out-of-sample values for the future real economic activity for both the euro area and the UK economies. The inclusion of EPU measures, either for the US, the UK or for overall European economies, improves the forecasting ability of models based on standard financial market information, especially for the period before the 2008 global crisis. However, during and after the crisis period, the slope of the yield curve and excess stock market returns improves the out-of-sample forecast performance the most compared to an AR-benchmark model. Hence, the EPU informatio…

Stock Market Integration and the Global Financial Crisis

2014

We study the dynamics of stock market integration and its consequences during the recent financial crisis for twenty-three developed and sixty emerging markets. We find that integration increased slightly for emerging markets but decreased for developed countries during the crisis. Moreover, we argue that the high degree of integration propagated the crisis across the global financial markets at the beginning of the crisis, but it had little effect during the crisis. We also find that integration is mostly affected by financial openness, the institutional environment, and global financial uncertainty but that these determinants vary slightly between emerging and developed markets.

Small fish in big ponds : Connections of green finance assets to commodity and sectoral stock markets

2022

We analyze return and volatility connectedness of the rising green asset and the well-established US industry stock and commodity markets from September 2010 to July 2021. We find that the time-varying return and volatility connectedness have exhibited serious crisis jumps. Some individual assets of both the green and commodity markets are in connection to the US sectoral stock market returns, and the volatility connections are even more common than the return connections. Furthermore, some financial and economic uncertainty indicators manifest positive impacts from the volatility of some `big pond markets for e.g. commodities, whereas some others affect the connectedness negatively. Additi…

Finland’s great depression of the 1990s: Lessons about financial reform based on econometric macro evidence

2020

The paper re‐examines the Finnish Great Depression of the 1990s, based on an open macro model, with specific dummy variables to identify the initial effects of liberalized financial markets and capital mobility, and of the Russian trade collapse. It is shown that the explosive credit expansion resulting from the simultaneous liberalization of the financial markets and international capital movements in 1986 has played the most important role in explaining the uncontrolled growth and the subsequent depression in 1989 in real economic activity in Finland. Their effects were strengthened by a vicious circle between the financial and asset markets. The Russian trade collapse in 1991 had a small…

Effects of economic policy uncertainty on stock and bond market integration

2015

Tässä pro gradu – tutkielmassa tarkastellaan sitä , miten talouspoliitti nen epävarmuu s vaikut taa osake - ja korko markkina tuottojen väliseen yhteyteen . Tutkimuksessa saadut e mpiiriset havainnot viittaavat siihen, että kun reaalit alouden kasvu ylittää inflaati o- vauhdin , talouspoliittisen epävarmuuden kasvu on tekijä, joka vähentää osake - ja ko r- ko markkina tuottojen korrelaatiota . Sen sijaan kun inflaatio vauht i ylittää reaalitalouden kasvun, jota tässä tutkielmassa on mitattu S&P 500 i ndeksin osinkojen jaolla, kasvava talouspoliittinen epävarmuus vahvistaa osake - ja korkomarkkinatuottojen korrelaatiota . Tutkimus on toteutettu Yhdysvaltojen rahoitusmarkk inoiden aineistolle…