Studies in Economics and Finance: Volume 38 Issue 4

Directional predictability between returns and volume in cryptocurrencies markets

Panos Fousekis, Vasilis Grigoriadis

This paper aims to identify and quantify directional predictability between returns and volume in major cryptocurrencies markets.

Investor protection, corporate governance and private information-based trading

Chun-Teck Lye, Chee-Wooi Hooy

This study aims to examine the effects of investor protection (PROT), internal and external corporate governance (CG) on private information-based trading (PIBT).

Exchange rate volatility and Turkish–German commodity trade: an asymmetry analysis

Mohsen Bahmani-Oskooee, Huseyin Karamelikli

The purpose of this paper is to show that in some industries the linear model may not reveal any significance link between exchange rate volatility and trade flows but once…

Securities cross-holding in the Colombian financial system: a topological approach

Carlos León, Javier Miguélez

From a financial stability viewpoint, this paper aims to study cyclical interdependencies arising from the cross-holding of securities in the Colombian financial system.

Equity crowdfunding: US Title II offerings using sentiment analysis

Bree Dority, Sarah J. Borchers, Suzanne K. Hayes

This study aims to investigate how the language used in US Title II equity crowdfunding campaign descriptions relates to campaign success.

Systemic risk contagion within US states

Tonmoy Choudhury, Kevin Daly

This study aims to examine the systemic risk contagion in banks from 15 US states using extreme shocks in their distance to risk.

Causality-in-mean and causality-in-variance among Bitcoin, Litecoin, and Ethereum

Eray Gemici, Müslüm Polat

This study aims to examine the volatility spillovers between Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH) as they are related to structural breaks.

Sovereign credit ratings, relative risk ratings and private capital flows: evidence from emerging and frontier markets

Supriyo De, Sanket Mohapatra, Dilip Ratha

Relative risk ratings measure the degree by which a country’s sovereign rating is better or worse than other countries (Basu et al., 2013). However, the literature on the impacts…