We evaluate the relevance of covariances in the transmission mechanism of variance spillovers across the US stock, US bond and gold markets from July 2003 to December 2012. For that purpose, we perform a comparative spillover analysis between a model that considers covariances and a model that...

I decompose the earnings variance of Finnish male and female workers into its permanent and transitory components using the approach of Baker (J Labor Econ,15:338–375, <CitationRef CitationID="CR3">1997</CitationRef>) and Haider (J Labor Econ, 19:799–836, <CitationRef CitationID="CR17">2001</CitationRef>) in the spirit of scientific replication. I find that the increasing...</citationref></citationref>

Purpose – The purpose of this paper is to examine the dynamic relationships among investment, earnings and dividends for US firms. The sample period is 1950-2006. Design/methodology/approach – The authors use a firm-level vector auto-regression (VAR) framework to examine the firm-level...