We construct investor sentiment of UK stock market using the procedure of principal component analysis. Using sentiment-augmented EGARCH component model, we analyse the impacts of sentiment on market excess return, the permanent component of market volatility and the transitory component of...

The high growth of the automotive industry reveals the very bright future of this technology and its high penetration effects on the human society. No doubt that the random and volatile charging demand of these devices would affect the power grid optimal operation and scheduling which may be...

This paper investigates the extreme dependence between the Asia-Pacific stock markets and the international crude oil market by applying the quantile regression theory and using daily data from January 4th, 2000 to July 4th, 2016. The authors obtain a more detailed result on the degree and...

This paper proposes efficient estimators of risk measures in a semiparametric GARCH model defined through moment constraints. Moment constraints are often used to identify and estimate the mean and variance parameters and are however discarded when estimating error quantiles. In order to prevent...

What the future holds for the industrial cities of the past is a life and death question for many municipalities. Researchers, policy makers and ordinary citizens deal with issues related to developing appropriate strategy for renewing a declining industrial city. Searching the industrial...

Knowledge-infused clusters, involving governmental and university, as well as firm actors are the epitome of contemporary economic development strategy. The role of Southern Oregon University (SOU) in the inception of the Oregon Shakespeare Festival (OSF) gives rise to a model for...

Silicon Valley's innovation ecosystem has evolved in the last decade. In this study we aim to understand how and why Silicon Valley evolves by identifying changes on the role played by the Triple Helix Agents. We also aim at identifying if changes in one of the agents trigger evolution of the...