This paper examines the relationship between beta risk and realized stockindex return in the presence of oil and exchange rate sensitivities for fifteen countriesin the Asia-Pacific region using the international factor model. Thirteen of the 15countries have the expected beta signs and show...

The first public share issue in the PRC took place in 1994. By the early 21st century, in the space of less than two decades, the Chinese stock market has become the largest one in Asia, with the exception of Japan. Along with this rapid enlargement of the market, the Chinese stock trading...

The paper analyses whether, and to what extent, emerging market economies (EMEs) have systemic importance for global financial markets, above and beyond their influence during crises episodes. Using a novel database of exogenous economic and political shocks for 14 EMEs, we find that EME shocks...

This paper examines the relationship between capital controls and financial development, with an emphasis on the empirical aspects of the linkage. Financial development is interpreted broadly as increasing the efficiency of allocating financial resources and monitoring capital projects. In...

The current weakness in the global economy has generated a debate on the likely outlook for the world economy and the appropriate response for monetary policies. The world economy is currently being buffeted by a number of major shocks. A particular feature has been the large fall in equity...

We investigate the impact of five recent terrorist attacks on equities listed on the Australian Stock Exchange. Following the Global Industry Classification Standard, we analyse how these events affect the different sectors in Australia. Using parametric and non-parametric tests, we investigate...

The purpose of this study is to analyze the role of macroeconomic variables of Bank Indonesia Certificate (SBI) and Exchange Rate on systematic risk (BETA) in the banking sector. This type of research is quantitative research and based on the level of explanation. Data analysis method used is...

Abstract Since the Great Depression and the stock market crash in 1929, the global economy has experienced immersive development. This paper will analyze the effects of the involvement of governments in rescuing failing banks through different methodological tools. The purpose of this research...

Abstract Since the Great Depression and the stock market crash in 1929, the global economy has experienced immersive development. This paper will analyze the effects of the involvement of governments in rescuing failing banks through different methodological tools. The purpose of this research...

The purpose of this study is to analyze the role of macroeconomic variables of Bank Indonesia Certificate (SBI) and Exchange Rate on systematic risk (BETA) in the banking sector. This type of research is quantitative research and based on the level of explanation. Data analysis method used is...