Evidence of the asymmetric wealth effect has important implications for investors and continues to merit research attention, not least because much of the evidence based on linear models has been refuted. Indeed, stock and house prices are influenced by economic activity and react non-linearly...

For this paper, we dynamically analysed the comovements between three major stock markets-Germany, the UK, and the US-and the countries of the European Union, divided into two groups: Eurozone and non-Eurozone. Correlation coefficients based on a detrended cross-correlation analysis (DCCA) were...

Das Einkommensteuergesetz bestimmt schlicht, dass der Mitunternehmer seinen Gewinnanteil zu versteuern hat. Dessen Höhe richtet sich im Ausgangspunkt nach der zivilrechtlichen Gewinnverteilungsabrede, welche überwiegend privatautonom gestaltet wird. Demgegenüber macht die...

We propose a new predictor - the innovation in the daily return minimum in the U.S. stock market () - for predicting international stock market returns. Using monthly data for a wide range of 17 MSCI international stock markets during the period spanning over half a century from January 1972 to...

The current study investigates and establishes the factors that lead to short-term orientation strategies in western organisations. Moreover, this study used questionnaire-based surveys to assess the relationship between these factors and what it would take for the organisation to move to a...

In this study, we seek to conceptualise multi-dimensional impacts of infrastructure investment through case studies of three nationally significant highways programmes in England. We use system thinking principles to characterise socioeconomic and policy impacts that may emerge from the...