Exploring the influence of industries and randomness in stock prices
Sign Up to like & getrecommendations! Published in 2018 at "Empirical Economics"
DOI: 10.1007/s00181-017-1303-9
Abstract: This study explores the behavior of time series of historical prices and makes two additional contributions to the literature. In summarized form, we present an overview of each of the financial theories that discuss the… read more here.
Keywords: historical prices; series; randomness stock; stock prices ... See more keywords
Prediction of stock prices based on LM-BP neural network and the estimation of overfitting point by RDCI
Sign Up to like & getrecommendations! Published in 2017 at "Neural Computing and Applications"
DOI: 10.1007/s00521-017-3296-x
Abstract: The prediction of stock prices has been a major area of interest in recent years, and many methods have been applied in this field. In this paper, to determine the method to predict stock prices,… read more here.
Keywords: network; paper; prediction; neural network ... See more keywords
Dynamic effects of shadow economy and environmental pollution on the energy stock prices: empirical evidence from OECD countries
Sign Up to like & getrecommendations! Published in 2020 at "Environmental Science and Pollution Research"
DOI: 10.1007/s11356-020-11226-9
Abstract: This study investigates the dynamic effects of the shadow economy and environmental pollution on the energy stock prices in the case of the Organization for Economic Co-operation and Development (OECD) countries via generalized methods of… read more here.
Keywords: energy stock; shadow economy; pollution; energy ... See more keywords
On the relation between exchange rates and stock prices: a non-linear ARDL approach and asymmetry analysis
Sign Up to like & getrecommendations! Published in 2017 at "Journal of Economics and Finance"
DOI: 10.1007/s12197-017-9388-8
Abstract: The relationship between stock prices and exchange rates has received a great deal of attention. In investigating the link between the two variables most studies have concluded that the relation is short run and the… read more here.
Keywords: linear ardl; non linear; exchange rates; stock prices ... See more keywords
Testing for asymmetric non-linear short- and long-run relationships between crypto-currencies and stock markets
Sign Up to like & getrecommendations! Published in 2022 at "Eurasian Economic Review"
DOI: 10.1007/s40822-022-00206-8
Abstract: Using the NARDL model for the period of pandemic COVID19, we examined the asymmetric relationship between six crypto-currencies (Bitcoin, Litecoin, Bitcoin gold, Dash, Maker, and Ehereum) and seven stock market prices (S&P500, CAC40, DAX30, NIKKEI,… read more here.
Keywords: long run; crypto currencies; asymmetric relationship; stock prices ... See more keywords
Does inflation affect sensitivity of investment to stock prices? Evidence from emerging markets
Sign Up to like & getrecommendations! Published in 2017 at "Finance Research Letters"
DOI: 10.1016/j.frl.2017.10.019
Abstract: Abstract This paper uses data from 37 emerging markets and shows that investment of firms headquartered in countries with higher inflation is significantly less sensitive to their stock prices than that of firms headquartered in… read more here.
Keywords: stock prices; emerging markets; sensitivity investment; inflation ... See more keywords
A firm-level analysis of the upstream-downstream dichotomy in the oil-stock nexus
Sign Up to like & getrecommendations! Published in 2018 at "Global Finance Journal"
DOI: 10.1016/j.gfj.2018.05.007
Abstract: Abstract In this paper, we query whether the stock prices of nonintegrated firms in the upstream and downstream sectors of the global oil supply chain respond symmetrically to changes in oil prices. This inquiry relates… read more here.
Keywords: upstream downstream; oil prices; stock prices; stock ... See more keywords
Salience theory and stock prices: Empirical evidence
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Financial Economics"
DOI: 10.1016/j.jfineco.2020.12.012
Abstract: Abstract We present evidence on the asset pricing implications of salience theory. In our model, investors overweight salient past returns when forming expectations about future returns. Consequently, investors are attracted to stocks with salient upsides,… read more here.
Keywords: theory stock; evidence; stock prices; salience theory ... See more keywords
The impact of forced divestments on parent company stock prices: Buy on the rumor, sell on the news?
Sign Up to like & getrecommendations! Published in 2020 at "Research in International Business and Finance"
DOI: 10.1016/j.ribaf.2019.101175
Abstract: Abstract We measure how warnings of expropriation and forced divestments of private property affect the stock prices of parent companies. We use a unique database of 116 events in 12 countries from 2005 to 2013.… read more here.
Keywords: impact forced; forced divestments; stock prices; parent ... See more keywords
Asymmetric effect of COVID-19 pandemic on E7 stock indices: Evidence from quantile-on-quantile regression approach
Sign Up to like & getrecommendations! Published in 2021 at "Research in International Business and Finance"
DOI: 10.1016/j.ribaf.2021.101485
Abstract: Various studies have been conducted to examine the effect of COVID-19 on stock prices. However, these studies failed to examine the effect across quantile distributions of both dependent and independent variables. This study pays particular… read more here.
Keywords: effect; effect covid; stock prices; covid pandemic ... See more keywords
Do stock prices react to immigration restrictions? Evidence from an event study in Switzerland
Sign Up to like & getrecommendations! Published in 2017 at "Applied Economics Letters"
DOI: 10.1080/13504851.2016.1270406
Abstract: ABSTRACT This article tests the effects of sudden immigration restrictions on stock prices of firms in industries with high shares of immigrants. It estimates the abnormal returns as a function of the share of migrants… read more here.
Keywords: event; stock prices; prices react; immigration restrictions ... See more keywords