Search results for "love"
showing 10 items of 334 documents
On the stability of stablecoins
2021
This paper investigates the volatility processes of stablecoins and their potential stochastic interdependencies with Bitcoin volatility. We employ a novel approach to choose the optimal combination for the power law exponent and the minimum value for the volatilities bending the power law. Our results indicate that Bitcoin volatility is well-behaved in a statistical sense with a finite theoretical variance. Surprisingly, the volatilities of stablecoins are statistically unstable and contemporaneously respond to Bitcoin volatility. Also, whereas the volatilities of stablecoins are not Granger-causal for Bitcoin volatility, lagged Bitcoin volatility exhibits Granger-causal effects on the vol…
Stock Returns and Exchange Rate Volatility Spillovers in the MENA Region
2010
In this article, we examine the presence of volatility spillovers between nominal exchange rates and stock returns in three MENA countries: Egypt, Morocco and Turkey. The multivariate GARCH model we use does not produce evidence of cross-market effects for the general stock indices returns. Nevertheless, bidirectional shock and volatility spillovers between exchange rates and stock returns exist at the industry sector level. These findings are more pronounced in Egypt and Turkey. The different results are due to the different exchange rate regimes/policies adopted by the three countries. While exchange rates in Egypt and Turkey were allowed to float, Morocco followed a more tightly managed…
Dalle Cronache del mal d’amore al ciclo dell’Amica geniale: continuità ed evoluzione nella narrativa di Elena Ferrante
2019
The paper analyzes the whole narrative production of Elena Ferrante, emphasizing its unity and cohesion. Cohesion coexists with discontinuity: the publication of My Brilliant Friend marks an inventive turning point and reveals new strategies. But it’s even remarkable Ferrante’s predilection for a narrative in which «the flow of storytelling that despite its density manages to sweep you away».
"Od Wmci Pani już bardzo dawno miałem wiadomość, proszę, abyś mi doniosła o zdrowiu swoim i obrotach...". Wojenne doświadczenia Elżbiety z Branickiej…
2018
Elżbieta z domu Branicka była od 1732 roku trzecią żoną Jana Tarły, wojewody lubelskiego, a od 1736 roku wojewody sandomierskiego. Korespondencja pomiędzy małżonkami wskazuje na dobre relacje, oparte o wzajemna troskę i zaufania. No to ostatnie Elżbieta w pełni zasługiwała za swoja postawę w latach 1733 - 1736 przetrwać trudne czasy wojny. W rzeczywistości stawiała czoła realnym, być może wyolbrzymionym zagrożeniom. Uwypukliło to takie cechy jej charakteru, jak zdecydowanie, zaradność, i odporność na sytuacje kryzysowe. Elżbieta z Branickich Tarłowa potrafiła dbać o siebie, męża i majątek rodzinny.
Emerging Market Contagion Under Geopolitical Uncertainty
2019
We find that 10 emerging stock markets have high risk of contagion on the regional level but lower spillover with respect to the global markets, implying a potential for diversification benefits between emerging and global markets. Regional market integration seems to have been caused by trade integration, which has a policy implication for trade agreements’ systemic risk effects. We find that the geopolitical risk has no impact on either the return, or volatility spillovers. However, the general stock market risk (VIX) is connected to individual market volatilities, while the oil market is largely receiving the spillovers from the other markets. peerReviewed
First record of the alien leech Myzobdella lugubris Leidy, 1851 (Hirudinea, Piscicolidae) in the Palearctic
2018
espanolEn este estudio reportamos la aparicion de la sanguijuela Neartica Myzobdella lugubris en un cuerpo de agua salobre de la reserva natural Riserva Naturale dello Stato “Le Cesine” (Apulia, Italy). Dos especimenes de la especie fueren recolectados en el cuello y las extremidades anteriores de una tortuga de estanque europea Emys orbicularis hellenica en Octubre del 2016. La identificacion de los dos especimenes fue basada en datos morfologicos y de secuenciacion molecular. En su distribucion natural, M. lugubris es conocida por ser huesped y vector de bacterias y virus, de los cuales algunos son patogenos de gravedad en peces. En vista de los posibles efectos nocivos, que ejercen sobre…
Co-evolution between trust in teachers and higher education toward digitally-rich learning environments
2017
Based on a powerful notion that the quality of higher education is crucial for innovation in digital economy and that such quality is subject to a conception of trust in teachers to deliver good education and advancement of information and communication technology (ICT), the dynamism of co-evolution between them was analyzed. Using a unique dataset representing the above system consisting of the rate of trust in teachers providing good education in the context of quality of education and their social status, of the level of higher education and the state of ICT advancement toward digitally-rich learning environments, an empirical numerical analysis of 20 countries was attempted. These count…
Volatility transmission patterns and terrorist attacks
2009
The objective of this study is to analyze volatility transmission between the US and Eurozone stock markets considering the effects of the September 11, March 11 and July 7 financial crises. In order to do this, we use a multivariate GARCH model and take into account the asymmetric volatility phenomenon, the non-synchronous trading problem and the crises themselves. Moreover, a graphical analysis of the Asymmetric Volatility Impulse-Response Functions (AVIRF) is introduced, which takes into consideration the crisis effect. Results suggest that there is bidirectional and asymmetric volatility transmission and show the different impact that terrorist attacks had on both markets. El objetivo d…
Does FDI in China Displace Foreign Jobs in Asia?
2014
This paper studies the China effect from a novel perspective. We focus on the effect of FDI in China on foreign employment flows in the rest of Asia. The concentration of FDI in China may divert employment from similar surrounding countries. Offsetting this negative effect, MNE activities might spillover to neighboring countries along the foreign production chain. Therefore, the effect of global FDI champions is uncertain. Most studies on this issue focus on trade and FDI inflows. The China effect on other aspects of international production, like employment, remains largely unknown. The contributions of this paper are twofold. First, we enhance the estimation of the China effect with recen…