The paper aims to map a discursive shift in Estonian public companies’ interim report commentaries in 2007-2008, which are defined by four qualitative variables. While earlier studies focusing on the role of information use quantitative methods (index studies, thematic content analysis, etc.),...

We explore the link between stock market wealth, housing wealth and aggregate consumption for a sample of four European post-transition economies. We use Johansen co-integration, vector error correction models and impulse response functions in order to assess the long run and the short run...

The main goal of this paper is to present modified multifactor extensions of classical markettiming models, with Fama and French’s spread variables SMB and HML, and Carhart’s momentum factor WML, on the Polish emerging market1. The empirical results on the Warsaw Stock Exchange (WSE) show a...