Stock Market Exuberance: Linkages between U.S. and the European Markets

2000 ◽  
Author(s):  
Giovanna Paladino ◽  
Giulio Cifarelli
Keyword(s):  
Stock Market ◽  
European Markets ◽  
Market Exuberance

Syriza may be troika's best hope for Greek deal

2015 ◽  
Keyword(s):  
Stock Market ◽  
European Commission ◽  
Financial Market ◽  
Euro Area ◽  
The Political ◽  
Costs And Benefits ◽  
Content Type ◽  
Political Left ◽  
Unexpected Outcomes ◽  
Market Exuberance

Subject Unexpected outcomes in the Greece-troika imbroglio. Significance Negotiations between Greece and its 'troika' of official-sector creditors (the European Commission, ECB and IMF) are taking place amid two meetings of the euro-area finance ministers and one summit of EU leaders before the end of February. While it is impossible to know now what the result will be, it is possible to speculate on the costs and benefits of any given scenario. Impacts If Syriza fails to achieve meaningful debt reduction, it could discredit the political left as well as the notion of EU solidarity. Greek sovereign yields and the Greek stock market are likely to react extremely positively to any deal between the troika and Greece. Financial market exuberance towards Greece will be unwound as the implications of Greece's continuing high debt load become clearer.

Emerging Stock Market Exuberance and International Short-term Flows

2021 ◽  
pp. 101417
Author(s):  
Xichen Wang ◽  
Cheng Yan ◽  
Ji Yan ◽  
Giray Gozgor
Keyword(s):  
Stock Market ◽  
Short Term ◽  
Market Exuberance

Effect of wind on stock market returns: evidence from European markets

2009 ◽  
Vol 19 (11) ◽  
pp. 893-904 ◽  
Author(s):  
Hui-Chu Shu ◽  
Mao-Wei Hung
Keyword(s):  
Stock Market ◽  
Market Returns ◽  
Stock Market Returns ◽  
European Markets

scholarly journals INTERRELATIONSHIPS AMONG INTERNATIONAL STOCK MARKET INDICES: EUROPE, ASIA AND THE AMERICAS

2005 ◽  
Vol 08 (05) ◽  
pp. 603-622 ◽  
Author(s):  
ADEL SHARKASI ◽  
HEATHER J. RUSKIN ◽  
MARTIN CRANE
Keyword(s):  
Hong Kong ◽  
Wavelet Transform ◽  
Stock Market ◽  
Stock Markets ◽  
Spillover Effects ◽  
Data Series ◽  
Testing Method ◽  
International Stock Markets ◽  
The Us ◽  
European Markets

In this paper, we investigate the price interdependence between seven international stock markets, namely Irish, UK, Portuguese, US, Brazilian, Japanese and Hong Kong, using a new testing method, based on the wavelet transform to reconstruct the data series, as suggested by Lee [11]. We find evidence of intra-European (Irish, UK and Portuguese) market co-movements with the US market also weakly influencing the Irish market. We also find co-movement between the US and Brazilian markets and similar intra-Asian co-movements (Japanese and Hong Kong). Finally, we conclude that the circle of impact is that of the European markets (Irish, UK and Portuguese) on both American markets (US and Brazilian), with these in turn impacting on the Asian markets (Japanese and Hong Kong) which in turn influence the European markets. In summary, we find evidence for intra-continental relationships and an increase in importance of international spillover effects since the mid 1990s, while the importance of historical transmissions has decreased since the beginning of this century.

scholarly journals Migration to Novo Mercado: Does it really mean improvement of corporate governance practices?

2008 ◽  
Vol 6 (1) ◽  
pp. 78-86
Author(s):  
Andre Carvalhal ◽  
Guilherme Quental
Keyword(s):  
Corporate Governance ◽  
Stock Market ◽  
Empirical Evidence ◽  
Stock Exchange ◽  
Abnormal Returns ◽  
The Other ◽  
Stock Market Reaction ◽  
Governance Practices ◽  
Disclosure Rules ◽  
European Markets

One of the most significant changes regarding the adoption of better corporate governance was the creation of special trading segments, which impose tighter disclosure rules and listing requirements. Most literature on the special trading segments focused on the European markets. Not much is known, however, about the Brazilian “Novo Mercado” (NM). While most European new markets have failed to attract IPOs and investors, NM has grown fast and reached 35% of the total number of listed companies and 57% of the market capitalization of the Sao Paulo stock exchange. Despite its success, no research has examined whether firms that list on NM really improve their corporate governance practices. Further, there is no empirical evidence whether there is a reward for companies that list on NM without improving governance practices. This paper addresses this question by investigating the stock market reaction to the listing on NM without improving governance practices. We provide evidence that firms that list on NM and improve governance practices earn positive abnormal returns, have higher liquidity and lower volatility. On the other hand, firms that list on NM without improving governance practices do not earn positive returns, but are rewarded with higher liquidity and lower volatility.

scholarly journals Bond-Market Skepticism And Stock-Market Exuberance In The Hospital Industry

2002 ◽  
Vol 21 (1) ◽  
pp. 104-117 ◽  
Author(s):  
James C. Robinson
Keyword(s):  
Stock Market ◽  
Bond Market ◽  
Hospital Industry ◽  
Market Exuberance

Bulgarian stock market relative predictability: BSE-Sofia stocks and South East European markets

2013 ◽  
Vol 23 (15) ◽  
pp. 1257-1271 ◽  
Author(s):  
Aneta Dyakova ◽  
Graham Smith
Keyword(s):  
Stock Market ◽  
East European ◽  
European Markets

Predicting Stock Market Performance

2020 ◽  
pp. 1-10
Author(s):  
Thomas Plieger ◽  
Thomas Grünhage ◽  
Éilish Duke ◽  
Martin Reuter
Keyword(s):  
Stock Market ◽  
Risk Taking ◽  
Life Stress ◽  
Price Volatility ◽  
Individual Characteristics ◽  
Self Report ◽  
Financial Behavior ◽  
Market Simulation ◽  
Stock Market Performance ◽  
Risk Taking Behavior

Abstract. Gender and personality traits influence risk proneness in the context of financial decisions. However, most studies on this topic have relied on either self-report data or on artificial measures of financial risk-taking behavior. Our study aimed to identify relevant trading behaviors and personal characteristics related to trading success. N = 108 Caucasians took part in a three-week stock market simulation paradigm, in which they traded shares of eight fictional companies that differed in issue price, volatility, and outcome. Participants also completed questionnaires measuring personality, risk-taking behavior, and life stress. Our model showed that being male and scoring high on self-directedness led to more risky financial behavior, which in turn positively predicted success in the stock market simulation. The total model explained 39% of the variance in trading success, indicating a role for other factors in influencing trading behavior. Future studies should try to enrich our model to get a more accurate impression of the associations between individual characteristics and financially successful behavior in context of stock trading.

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