This paper examines co-movement of extreme returns in eight South Eastern European (SEE) stock markets during the period covering both financial crisis from 2007-2009 and COVID-19 health crisis. The analysis is based on coexceedances which represent number joint occurrences a group market indexes. To provide valuable insight how persistence, asset class, volatility effects are related with coex...

The objective of this research was to quantify the fermentation capacity and nutritional quality corn silage with inclusion nitrogen sources such as chicken manure soybean forage (Glicine max (L.) Merr.). treatments were: alone or control (FM); Corn 10% (FS10); 20% (FS20); T4, 30% (FS30); T5, 5% (G5); T6, (G10) T7, 15% (G15). It evidenced that addition poultry significantly increased content dr...

Regulation of Money Market Funds (MMFs) in the EU requires some categories MMFs to consider applying liquidity management tools if they breach a minimum ‘weekly’ requirement. Anticipation application such is plausible amplifier run risks. Using larger European dataset than previously studied, we assess whether proximity thresholds explains differences redemptions both at start COVID-19 crisis a...

ABSTRACT We investigate whether firms manage stock prices in anticipation of share issuance. Warrant exercise results issuance and warrant expiration dates are fixed years advance, which precludes market timing. predict to prevent (induce) when is dilutive (anti-dilutive) existing shareholders. To test our prediction, we examine returns around dates. find that the difference between out-of-the-...

Donald Trump’s victory in the 2016 presidential election was a political surprise to almost everyone, domestically and internationally. This paper investigates international investors’ reaction this apparent global surprise. Employing an event study methodology, we test three widely known behavioral hypotheses concerning investor unexpected news, that is, Overreaction Hypothesis (OH), Uncertain...