In this paper, we explore how asset returns used as a proxy to detect interconnectedness of systemic risk in the financial system. Our sample employs a mixture of Indonesian banks' public and prudential data over the 2012-2019 period. Using the Principal Component Analysis and Granger causality...

An outlier is a datum that is far from other data points in which it occurs. It can have a considerable impact on the output. Therefore, removing or resolving it before the analysis is essential to prevent skewing. Outliers in a survey sampling can have a significant outcome on statistical...

Gradient capital allocation, also known as Euler allocation, is a technique used to redistribute diversified capital requirements among different segments of a portfolio. The method is commonly employed to identify dominant risks, assessing the risk-adjusted profitability of segments, and...

This paper shows that the economy can be described by two factors: an inflationary demand factor and a deflationary supply factor. More specifically, our approach combines the use of several filtering techniques to extract business cycle fluctuations and dynamic principal components analysis...

The purpose of this research is to investigate the factors associated with internship programs and the relationships between internship experiences in tourism and hospitality industry and aspect of future career in the same industry. A principal component analysis was used to determine the...