This paper estimates the preference scores of CoCo bond buyers and sellers by running multinomial logistic regressions taking into account both bond and issuing banks' characteristics; it also provides evidence on the role of country−specific CoCo bond market concentration. Buyers are defined...

In this paper, we test for contagion within the East Asian region, contagion being defined as a significant increase in the degree of comovement between stock returns in different countries. For this purpose, we use a parameter stability test, and, following [Rigobon, R., 2003a. On the...

This paper analyses monthly price persistence in the EU27 countries over the period 2010-2022 using a fractional integration framework, where the measure of persistence is the fractional differencing parameter d. In addition to full sample estimates, subsample and recursive ones are obtained to...