This study examines the relationship between investor attention and broad market index in Indonesia Composite Index (IHSG). In today’s digital world, search engine becomes most important tool looking for information. Google dominated share with 91.38% of people use it. number supports to observe behavior market. Instead using it specific assets or securities that can limit scope investors, this...

This paper concerns the effect of 2022 Russia-Ukraine conflict on Chinese stock market. The event has caused chain reactions a global scale, among which soaring energy prices caught most attention for having significant influence. Using international crude oil futures’ settlement and two market indexes as indicators performance, this mainly focuses their changes before after War. data covers pe...

This paper derives an analytical expression for an impulse-response function for a vector autoregression with multivariate GARCH errors, where the vector of conditional means is a function of the conditional variances. We also provide the appropriate interpretation of an impulse-response function for such models and suggest interesting empirical issues that can be addressed within this framework.

Traditional approaches to structural interpretation of vector autoregressions can be viewed as special cases of Bayesian inference arising from very strong prior beliefs about certain aspects of the model. These traditional methods can be generalized with a less restrictive Bayesian formulation that allows the researcher to summarize uncertainty coming not just from the data but also uncertaint...

This paper investigates the relation between changes in self-employment and changes in unemployment at the regional level in Spain in the period 1979-2001. We estimate a vector autoregression model as proposed by Audretsch, Carree, van Stel and Thurik (2005) using a data base for Spanish regions. By estimating the model we are able to empirically distinguish between two directions of causality....

This paper studies the relationship of financial development and income inequality in China over the period of 1978-2013. Using the structural vector auto-regression (SVAR), the empirical results are consistent with the GJ hypothesis of an inverted U-shaped relationship between financial development and income inequality. An economy in its initial stages of financial development would present i...

Capacity utilization rate is one of the most important indicators of the efficiency of the manufacturing industry, and therefore of the return of the investments made. Estimation of these rates accurately renders it possible to make important economic decisions such as taking sectorial investment decisions, defining the optimal distribution of sectorial credits, determining noncompetitive secto...

A panel vector autoregression (VAR) model is employed to estimate whether growth shocks from the United States (US), China, Japan, and European Union (EU) can be transferred selected Asian countries. We examine 1) effect of through five channels: international trade, monetary policy, finance, global uncertainty, oil prices; 2) a country’s deeper integration with value chain (GVC) enhances or de...

This study attempts to examine the convergence development of marine fishery (MF) and tourism (MT) industries Japan through theory industrial relevance. First, current MF MT situation in is introduced analyze mechanism integration two industries. Second, a Vector Autoregression Model (VAR) built relationship between MT. In addition, shock potential contributions are identified using impulse res...