We consider the randomness of market trade as the origin of price and return stochasticity. We look at time series of trade values and volumes as random variables during the averaging interval Δ and describe the dependences of market-based volatilities of price and return on the volatilities...

In this paper, the various economic and social factors that have characterized the development history of Bangladesh are analyzed to provide an understanding of the backward, the post-independence period, resilience, and success story of this South Asian country. The social, political, and...

Objective: Previous literature on optimal savings relies on specific utility and production technology functional forms which might not be able to produce robust results as different utility/production functions may lead to dramatically different or opposing results. This paper derives an...

This study explored the sustainability of the stock market against the COVID-19 pandemic. The impacts of confirmed COVID-19 cases, COVID-19 deaths, and Movement Control Order (MCO) length on the stock market were examined. The Generalized Method of Moments (GMM) estimator was employed to analyze...

This work aims to initiate a reflection on the awareness of environmental, social, and corporate governance issues, summarized in the acronym ESG (Environmental, Social, Governance), among Italian SMEs. The integration of ESG issues into business models has led to an expansion of the risk...

The Rule of 40 is a popular financial guideline used by software-as-a-service (SaaS) industry participants to assess the operational health of the companies. This paper investigates the effectiveness of the Rule of 40 as a stock selection criterion. Our study analyses a sample of 1771 SaaS...

We consider the consumption-based asset-pricing model, derive a modified basic pricing equation, and present its successive approximations using the Taylor series expansions of the investor’s utility during the averaging time interval. For linear and quadratic Taylor approximations, we derive...

Financial integration is important because it has the potential to enhance economic growth and stability by facilitating cross-border capital flows and reducing financial market fragmentation. This study investigates the influence of FinTech credit and banking regulations on financial...

Economic energy management of grid-connected microgrid has been widely investigated. However, due to the binary variables of the generation unit’s status, the optimal result of the grid-connected microgrid is very hard. Thus, in this paper, the region search optimization algorithm (RSOA) is...

Situated atop condominium buildings, 'top floor units' (TFU) offer unparalleled views and privacy, courtesy of accessible roofs. This paper empirically examines this status symbol and finds that: (1) TFUs interact with the macroeconomy differently from ordinary units, (2) when considering the...