Studies in Economics and Finance: Volume 38 Issue 1

Exchange rate nonlinearities in India’s exports to the USA

Somesh K. Mathur, Abhishek Shekhawat

This paper aims to investigate the determinants of bilateral exports of India to the USA by taking the non-linearity issue in export demand equations which is neglected so far in…

Risk-adjusted pricing of project loans

György Walter

The purpose of this paper is to assess whether project finance loans were properly priced based on their risk before the crisis of 2008-2009 and what lessons can be learned under…

The relationship between psychopathy and financial risk and time preferences

Corey A. Shank, Brice Dupoyet, Robert Durand, Fernando Patterson

The purpose of this paper is to examine the relationship between psychopathy and its underlying traits and financial risk and time preferences.

Modeling the optimal diversification opportunities: the case of crypto portfolios and equity portfolios

Florin Aliu, Artor Nuhiu, Besnik A. Krasniqi, Gent Jusufi

This study aims to compare the diversification risk of the crypto portfolio with those of equity portfolios. For this purpose, the hypothetical index was constructed with 20…

Conditional stock liquidity premium: is Warsaw stock exchange different?

Szymon Stereńczak

This paper aims to empirically indicate the factors influencing stock liquidity premium (i.e. the relationship between liquidity and stock returns) in one of the leading European…

Empirical analysis of dynamic spillovers between exchange rate return, return volatility and investor sentiment

Tihana Škrinjarić, Zrinka Lovretin Golubić, Zrinka Orlović

This paper aims to analyze the effects of investors’ sentiment, return and risk series on one to another of selected exchange rates. The empirical analysis consists of a…

On statistical indistinguishability of complete and incomplete market models

Nikolai Dokuchaev

This paper aims to investigate possibility of statistical detection of market completeness for continuous time diffusion stock market models.

In search of angels: the first bucket of gold for entrepreneurs

Garrison Hongyu Song, Ajeet Jain

This paper aims to explore the allocation of the exit value of a start-up company in market equilibrium between an angel investor and an entrepreneur in the very early-stage…

Optimal design of venture capital financing contracts: the case of Portuguese, Spanish and German markets

Maria do Rosario Correia, Raquel F. Ch Meneses

This study aims to investigate the use of convertible securities and control rights covenants for a sample of 53 Portuguese, Spanish and German venture capital (VC) firms.