Why did the British Co-operative Movement suddenly abandon its historic commitment to political neutrality in 1917? Recent research suggests that the debate over co-operative political representation should be seen in the wider context of consumer politics, and conflicts over the supply and distribution of important commodities. The first part of this paper re-examines these debates in the cont...

Researchers often refer to investment habitats/categories to explain the patterns of comovement in asset returns that cannot be fully clarified by fundamentals. Many factors determine these habitats including investor preferences to size, industry, price-levels and risk-levels. This paper investigates a unique method to explore investment habitat based on the search behavior of investors on the...

This paper takes an asset pricing perspective to investigate the equity market comovement and contagion at the sector level during the period 1990-2004 across the regions of Europe, Asia, and Latin America. It examines whether unexpected shocks from a particular market, or group of markets, are propagated to the sectors in other countries. The results confirm the sector heterogeneity of contagi...

Real-business-cycle models rely on total factor productivity (TFP) shocks to explain the observed co-movement between consumption, investment and hours. However an emerging body of evidence identifies “investment shocks”as important drivers of business cycles. This paper shows that a neoclassical model consistent with observed heterogeneity in labor supply and consumption across employed and no...

This article focuses on a new measure of global co-movement defined as influence: the average partial correlation of one asset with respect to others. The influence of nominal returns and real price cycles of various commodities is computed for the period of January 1968–December 2013. The estimation results show that there is strong co-movement among the average influences of nominal returns o...

Asset-backed securitization (ABS) has become a viable and increasingly attractive risk management and refinancing method either as a standalone form of structured finance or as securitized debt in Collateralized Debt Obligations (CDO). However, the absence of industry standardization has prevented rising investment demand from translating into market liquidity comparable to traditional fixed in...

The paper examines the co-movement relationship between Cryptocurrency and Asian major indices through Wavelet Coherence multiresolution technique Granger causality for result robustness. data of Singapore Japan stock market was used from January 2018 to December 2022, outcome our study shows great co-relationship in movement two listed equity Cryptocurrencies investments. Moreover, that found ...

This paper tests for the e¤ects of increased trade and …nancial integration on business cycle co-movement. Using both quantitative theory and a reduced form empirical approach motivated by the theory, I measure and explain the channels from bilateral trade integration, …nancial integration, and industrial specialization to cyclical co-movement. The model is also used to measure the causal chann...

To better characterize the contribution of both central and peripheral mechanisms to passive limb movement-induced hyperemia, we studied nine recent (<2 yr) heart transplant (HTx) recipients (56 ± 4 yr) and nine healthy controls (58 ± 5 yr). Measurements of heart rate (HR), stroke volume (SV), cardiac output (CO), and femoral artery blood flow were recorded during passive knee extension. Periph...