This paper provides a comparative analysis of stock market dynamics of the 1987 and 2008 financial crises and discusses the extent to which risk management measures based on entropy can be successful in predicting aggregate market expectations. We find that the Tsallis entropy is more appropriate for the short and sudden market crash of 1987, while the approximate entropy is the dominant predic...

In the empirical finance literature findings on the risk-return tradeoff in excess stock market returns are ambiguous. In this study, we develop a new QR-GARCH-M model combining a probit model for a binary business cycle indicator and a regime switching GARCH-in-mean model for excess stock market return with the business cycle indicator defining the regime. Estimation results show that there is...

The development of Micro, Small, and Medium Enterprises (MSMEs) in Medan is still unstable. This condition related to limited working capital, low-quality human resources accessing information managing weaknesses obtaining market opportunities increasing share, product marketing. latest innovations are needed increase the MSMEs' competitiveness. study aims analyze performance MSMEs competitiven...

This study examines the intersection of race, family structure, and economic inequality through women’s spatial relationships to the labor market. Using survey data from three major metro labor markets, we operationalize spatial relationships in two ways: first, using a conventional measure of commute time, and second, using an indicator of neighborhood job contacts to obtain employment. Result...

estimation of the amount of soil loss measurement of field indicators is a low-cost method, is easy to learn and can be simply applied. in order to measure and make assessment of soil loss amount by field indicators method in shahrak watershed, first map of the work units was prepared and then, measurements of the relevant field indicators were carried out within these units. then, epm model wa...

This paper examines differentiation in the recent evolving graduate labour market in Britain. Using a novel statistically derived indicator of graduate jobs, based on job skill requirements in three-digit occupations obtained from the British Skills and Employment Survey series, we analyse trends in the labour market between 1997/2001 and 2006/2012. The indicator performs better than other indi...