This study analyses the development of the Lao freight logistics sector with a special focus on factors influencing freight logistics services efficiency after the processes of liberalization and deregulation of the economy. Based on empirical data, the study focuses on two main dimensions of...

This paper examines the out‐of‐sample forecast performance of sectoral stock market indicators for real GDP, private consumption and investment growth up to 4 quarters ahead in the US and the euro area. Our findings are that the predictive content of sectoral stock market indicators: i) is...

This article examines the impact of inflation and economic growth expectations and perceived stock market uncertainty on the time-varying correlation between stock and bond returns. The results indicate that stock and bond prices move in the same direction during periods of high inflation...

The prolonged insurgency in Southern Thailand has claimed thousands of victims since the outbreak of major violence in 2004. Drawing on a unique data set covering all violent incidents since 2004, a hotspot analysis shows that the bulk of the violence is concentrated in clusters of sub-districts...

This paper examines bond and stock market volatility reactions in the euro area and the United States following their respective economies’ monetary policy decisions, over a uniform sample period (April 1999–May 2006). For this purpose, intraday data on the U.S. and euro-area bond and stock...

The prolonged insurgency in Southern Thailand has claimed thousands of victims since the outbreak of major violence in 2004. Drawing on a unique data-set covering all violent incidents since 2004, a hot spot analysis shows that the bulk of the violence is concentrated in clusters of...

This paper explores a long dataset (1999-2005) of intraday prices on German long-term bond futures and examines market responses to major macroeconomic announcements and ECB monetary policy releases. In general, adjustments in prices are quick and new information is usually incorporated into...

This paper examines bond and stock market volatility reactions in the euro area and the US following their respective economies’ monetary policy decisions, over a uniform sample period (April 1999 to May 2006). For this purpose, intraday data on the US and euro area bond and stock markets are...

This paper evaluates how well sectoral stock prices forecast future economic activity compared to traditional predictors such as the term spread, dividend yield, exchange rates and money growth. The study is applied to euro area financial asset prices and real economic growth, covering the...

Applied to the European markets, this paper analyzes the price of credit risk on the Credit Default Swap (CDS) and corporate bond markets by comparing the sensitivity of the credit spreads on each market to systematic, idiosyncratic risk factors and liquidity. Our analysis confirms the existence...