We test for and model the volatility jumps for three major indices of the Athens Stock Exchange (ASE). Using intra-day data we first construct several, state-of-the-art realized volatility estimators. We use these estimators to construct the jump components of volatility and perform various...

International tourism as a cause of global warming is a controversial and topical issue. Here, we use the novel Morlet wavelet time-frequency approach to gain insight into the dynamic nexus between tourism, renewable energy consumption, energy consumption and carbon dioxide emissions for China...

International tourism as a cause of global warming is a controversial and topical issue. Here, we use the novel Morlet wavelet time-frequency approach to gain insight into the dynamic nexus between tourism, renewable energy consumption, energy consumption and carbon dioxide emissions for China...

In recent years the world economy has become closely integrated due to increasing trade and financial capital flows across countries. In this study we investigate the cointegrating relationships between the stock price indices of 7 emerging Asian economies (Malaysia, South Korea, Singapore,...

This paper examines the relationship between inflation and real income in Australia, Canada, Finland, New Zealand, Spain, Sweden and the UK which have adopted a "formal" policy of low or zero inflation target. Using cointegration analysis and a vector error correction model (VECM), it is found...

This paper aims to investigate the factors that affect the probability of default for the Jordanian companies. A LPM, LOGIT and PROBIT models are used to outline the relationship between firm's financial health and the probability of default. A comparison between these three models is made...

This paper investigates the impact of the population in the 40-64 age band on share prices, using an annual time series data set for the period 1965-2002, and the impact of the superannuation fund on share prices using quarterly time series data for the period 1988 Q1 to 2002 Q4. In accordance...