The online game industry is an emerging entertainment software industry. It is successful and fast growing. Prior studies have identified characteristics of this industry that are distinctive from traditional entertainment industries. Currently one of the most important business challenges this industry faces is securing investments for development or evaluation of development projects. An onli...

Stock market is affected by news and information. If the stock market is not efficient, the reaction of stock price to news and information will place the stock market in overreaction and under-reaction states. Many models have been already presented by using different tools and techniques to forecast the stock market behavior. In this study, the reaction of stock price in the stock market was ...

a r t i c l e i n f o JEL classification: C14 C22 C58 G10 G15 E44 Keywords: MIDAS Conditional variance China In order to shed new light on the influence of volume and economic fundamentals on the long-run volatility of the Chinese stock market we follow the methodology introduced by Engle et al. (2009) and Engle and Rangel (2008) to account for the effects of macro fundamentals, and augment it ...