This article aims to test the income convergence hypothesis in the Association of Southeast Asian Nations (ASEAN) region using new panel unit root tests. As the newer member states of ASEAN are gradually developing in order to enter the economic zone, it was found that the great majority of...

This article utilizes panel data regression to explore the random effects between expected stock returns and idiosyncratic risk. We find a strong relation between idiosyncratic risk and the expected stock returns. The results are consistent with Fu's study (2009) and a documented relation exists...

This paper utilizes panel threshold regression to study the impact of idiosyncratic risk of stock returns on the Taiwan Security Market over the period from 2000 to 2011, during which there has been a noticeable increase idiosyncratic volatility. An innovative panel threshold regression model is...