Showing 1 - 10 of 14,505
phenomenon between the financial markets of the USA, Brazil, Russia, India and China during the current crisis. …
Persistent link: https://www.econbiz.de/10010944841
The state of the world economy is something of a moving feast. Each week, news from the USA, Europe and now China … 'dodge the bullet' of a rating's agency downgrade are a case in point. Happy talk about China is the latest shoe to drop. The …
Persistent link: https://www.econbiz.de/10010669423
with in scholarly works. This paper charts the course of US-China economic relations since 1971, explains the principal … in China in the years to come. Growing economic interdependence has quickly presented new challenges and opportunities …
Persistent link: https://www.econbiz.de/10008753285
Has the financial crisis already changed US principles of economics textbooks? Rather little has changed in individual textbooks, but taken as a whole ten of the best-selling textbooks suggest rather encompassing changes of core curriculum. A critical analysis of these changes shows how...
Persistent link: https://www.econbiz.de/10011130221
This paper documents the effect of herd behaviour on the US S%P100 and US DJIA stock market's stocks volatility. We investigated the presence and the change of herding behaviour in the US S%P100 and US DJIA stock markets during January 2000 to July 2012. Results provide strong and coherent...
Persistent link: https://www.econbiz.de/10011207760
This paper examines the existence of herding in the US market. We study the turnover effect on herding movement by modifying the Cross-Sectional Standard Deviation (CSSD) model and the Cross-Sectional Absolute Deviation (CSAD) model. Results are inconclusive about the presence of herding in the...
Persistent link: https://www.econbiz.de/10011207764
default probabilities of listed corporate entities in ten European countries, and the USA, covering the recent global …
Persistent link: https://www.econbiz.de/10010722729
The recent financial crisis has plagued banking institutions around the world. Using a non-parametric (data envelopment analysis) approach, we measure operating and profit efficiency of 21 commercial banks from four countries during 2004-2010. The results suggest that for the most part there is...
Persistent link: https://www.econbiz.de/10010722759
We identify 72 bank Mergers and Acquisitions (M&As), in which US banks acquired other financial institutions. We focus on the role of timing at M&A in the context of boom phase and financial crisis. Applying event study methodology, we examine: value generation to bank shareholders; value...
Persistent link: https://www.econbiz.de/10009352489
This paper examines the response of Stock Prices (SPs) in Germany, Italy, and the UK to shocks to US Stock Prices (USSPs) using Vector Error Correction Models (VECMs) and cross-country stock return correlations. Our results yield clear implications. Positive shocks to USSPs lead to significant,...
Persistent link: https://www.econbiz.de/10009352498