25 documents found, page 1 of 3

The European tango between market risk and credit risk: A non-linear approach

Financial markets are closely connected, with credit and market risks dynamically influencing each other, particularly during extreme events. While their interdependence is well-documented in the literature, the direction and intensity of information flow remain uncertain. Using transfer entropy on European credit and stock volatility indices, we quantify this flow and its dynamics during the most recent extrem...

Tourism Development in Rural Border Territories: A “Phronetic” Approach to Thre...

This study emphasises the crucial role of practical wisdom (“phronesis”) in the hotel industry, highlighting its impact on ethical behavior, operational reliability, and guest trust. The database was provided by the regional government in Extremadura and the national government in Portugal. Qualitative data from interviews and quantitative data managing from SEM-PLS were provided. In total, 175 rural hotels in ...

Return connectedness and portfolio implications of green equities: A comparison...

The notable expansion of the green equity market has opened up new avenues for investment for market participants. This study looks at return connectedness, and the implications for portfolio management of green sector equities, and compares the performance of green and traditional investments. To achieve the research objectives, this study uses the TVP-VAR model along with portfolio strategies such as minimum ...

Time-frequency connectedness and volatility spillovers among green equity secto...

Investment in green equity market is growing more specifically after COVID-19 due to rising awareness of climate and environmental issues. Investors and policymakers require updated information about the connectedness and shock spillover pattern among green sectors to manage portfolios effectively. The novel TVP–VAR frequency connectedness approach is applied to daily volatility series of green equity indices t...

Towards economic growth and a sustainable future: Insights beyond the Environme...

This study explores the dynamic nexus between economic growth and sustainable development for 92 countries across high-, upper-middle-, lower-middle- and low-income groups. We validate the Environmental Kuznets Curve (EKC) hypothesis from a novel perspective. We employed a novel technique of Narayan et al. (Economic Modelling, 2016, 53, 388-397) through simple cross-correlation estimates and a panel causality t...

Communication and Gender in the Communication Departments of Public Higher Educ...

Gender issues are still a major topic in the job market today. According to Portuguese law, organizations must put into action plans and objectives to eradicate gender discrimination and implement measures that contribute to the balance between the professional and personal lives of employees. Communication is one of the key areas for promoting and strengthening gender equality in society and organizations, par...

Dynamic Cross-Correlation Between BRICS Markets, Commodities and Green Bonds

This paper evaluated the cross-correlation between the BRICS (Brazil, Russia, India, China and South Africa) markets with commodities and green bonds. For this purpose, the detrended moving-average cross-correlation coefficient (ρDMCA) was used, based on a sliding windows approach, with data covering a sample before the COVID-19 pandemic, during the COVID-19 pandemic and after Russia invaded Ukraine. The result...

Information flow between asset classes during extreme events

US Gasoline Prices: A Dynamic Persistence Analysis Under COVID-19 and Russia-Uk...

The European tango between market risk and credit risk: A non-linear approach