Studies in Economics and Finance: Volume 38 Issue 5

Innovation on the choice of debt financing source: evidence from innovative firms

HyunJun Na

The purpose of this paper is to investigate how the innovative firm’s proprietary information has an impact on its debt financing preference. This study also examines the impact…

Volatility transmission across international markets amid COVID 19 pandemic

Hechem Ajmi, Nadia Arfaoui, Karima Saci

This paper aims to investigate the volatility transmission across stocks, gold and crude oil markets before and during the novel coronavirus (COVID-19) crisis.

Cryptocurrency connectedness nexus the COVID-19 pandemic: evidence from time-frequency domains

Onur Polat, Eylül Kabakçı Günay

The purpose of this study is to investigate volatility connectedness between major cryptocurrencies by the virtue of market capitalization. In this context, this paper implements…

Measuring redenomination risks in the Euro area – evidence from survey data

Jens Klose

This paper aims to introduce a new indicator to measure redenomination risks in Euro area countries. The measure is based on survey data. The influence of this indicator in…

Early COVID-19 policy response on healthcare equity prices

Ikhlaas Gurrib

This paper aims to investigate the implementation of the short selling ban policy imposed by the Italian stock exchange on health-care stock prices, as a tool to mitigate COVID-19…

Have institutional investors stocks portfolio strategies affected oil prices in a financialization context?

Antonio Focacci

The purpose of this paper is to investigate whether management strategies implemented by non-commercial traders may be identified as a key factor in affecting oil price paths in…

Price dynamics of cryptocurrencies in parallel markets: evidence from Bitcoin exchanges in Brazil

Daniel Modenesi de Andrade, Fernando Barros Jr, Fabio Yoshio Motoki, Matheus Oliveira da Silva

This paper aims to study the dynamics of bitcoin prices in Brazil, a large emerging economy with an unregulated bitcoin market.

Evaluation of dynamic cointegration-based pairs trading strategy in the cryptocurrency market

Masood Tadi, Irina Kortchemski

This paper aims to demonstrate a dynamic cointegration-based pairs trading strategy, including an optimal look-back window framework in the cryptocurrency market and evaluate its…