We employ the Markov Regime-Switching GARCH (MRS- GARCH) family models under the normal, Student's t-, and GED distributions to measure the uncertainty of the industry index returns (IIR) of Tehran Stock Exchange over the period of 2013-2019. The models distinguish between two different regimes...

This article aims to illuminate temporality in value determination and stratification of value and price in the transformation of value into price. This leads to an understanding of value-relocating through the two concepts presented in this study: current-value-relocating (CVR) and...