Results 41 to 50 of about 440 (178)

Measuring the time‐varying market efficiency in the prewar and wartime Japanese stock market, 1924–1943

Asia‐Pacific Economic History Review, Volume 65, Issue 1, Page 131-159, March 2025.
Abstract This study examines the adaptive market hypothesis in the prewar and wartime Japanese stock market using a new market capitalization‐weighted price index. First, we find that the degree of market efficiency varies over time and with major historical events. This implies that the hypothesis is supported in this market.
Kenichi Hirayama, Akihiko Noda
wiley   +1 more source

Effect of cube texture on local softening of friction stir welded joints for nanostructured AA2024 processed by accumulative roll bonding

Journal of Materials Research and Technology
The current research provides an insight into the correlation between the crystallographic textures, microstructure, and hardness of friction stir welded joints in nanostructured AA2024 alloys processed through accumulative roll bonding (ARB).
Majid Naseri, Mohammad Alvand, Ehsan Ahmadi, Seyedmehdi Hosseini, Davood Gholami, Abdel-Hamid I. Mourad, Ehsan Borhani   +6 more
doaj   +1 more source

Risk premia reconsidered: Illiquidity and selection bias for stocks and corporate bonds in the pre‐First World War period

The Economic History Review, EarlyView.
Abstract Financial history is plagued by a visibility trap. Using the Brussels Stock Exchange (1850–1913), we demonstrate that asset illiquidity introduced selection bias, which systematically inflated historical risk premia. Applying a latent return model, we argue that correcting for this illiquidity decreases the equity and corporate bond risk ...
Justin Case, Eline Poelmans, Gertjan Verdickt   +2 more
wiley   +1 more source

FX Interventions and Capital‐Constrained Banks: Evidence from USD/ILS Spot, Forward, and Option Markets

Journal of Money, Credit and Banking, EarlyView.
Abstract Using confidential daily data, we examine the Bank of Israel's foreign exchange interventions from 2013 to 2019. We find that a 1 billion U.S. dollars (USD) purchase leads to a 0.82% depreciation of the Israeli Shekel (ILS)–a strong effect compared to other studies.
MARKUS HERTRICH, DANIEL NATHAN
wiley   +1 more source

Too Much Finance: Mechanisms That Harm Growth and Policy Implications

The Manchester School, EarlyView.
ABSTRACT The mechanisms for the financial sector to harm growth arise through short‐termism of financial markets. This leads to the misallocation of resources in the private sector, leading to financial crises and damage to growth. However, harm to growth comes not only from financial crises, but also from the failure of short‐termist financial markets
Arup Daripa, Sandeep Kapur, Marco Pelliccia   +2 more
wiley   +1 more source

Quantitative Analysis of Shear Texture Evolution in Accumulative Roll Bonded AA 1060 Aluminum Alloy

Crystals
AA 1060 aluminum alloy underwent roll bonding with reductions of 25% and 35%, followed by accumulative roll bonding (ARB) for up to seven cycles at ambient temperature.
Peng Du, Chao Li, Lei Liu, Bao Chen, Mingyu Li, Zhijie Wang, Sha Liu   +6 more
doaj   +1 more source

The New Economics of Cape Slavery

South African Journal of Economics, Volume 94, Issue 4, December 2026.
ABSTRACT In this survey, I argue that the Cape Colony has become one of the most useful settings for studying the economics of unfree labour. The Cape offers a distinctive combination: a slavery regime linking the Indian Ocean and Atlantic worlds, an urban and agrarian economy, overlapping labour regimes and archives rich enough for linked micro‐data ...
Johan Fourie
wiley   +1 more source

Thermal Conductivity of an AZ31 Sheet after Accumulative Roll Bonding

Crystals, 2018
Accumulative roll bonding (ARB) is one of the methods of severe plastic deformation which is relevant for industrial production of sheets. While mechanical properties of several magnesium alloys subjected to the ARB process have been studied, the ...
Zuzanka Trojanová, Kristýna Halmešová, Zdeněk Drozd, Vladimír Šíma, Pavel Lukáč, Ján Džugan, Peter Minárik   +6 more
doaj   +1 more source

The U.S. Federal Deficit and Market Equity Returns

FINANCIAL PLANNING REVIEW, Volume 9, Issue 3, September 2026.
ABSTRACT Since the U.S. dollar has been operating as a fiat currency, there has been a strong link between U.S. government deficits as a percentage of GDP and forward‐looking equity returns. As federal deficits get larger, the expected return to the market over the subsequent 10 years increases. This effect is material.
Jason D. Fink, Kristin E. Fink
wiley   +1 more source

Systemic Risk Transmission to Energy Futures: Weekend Information Gaps and the Breakdown of Pricing Efficiency

Journal of Futures Markets, Volume 46, Issue 9, Page 1719-1747, September 2026.
ABSTRACT This study examines the efficiency of systemic risk transmission to international oil futures markets by analyzing the dynamic connectedness between three distinct Common Volatility (COVOL) measures: Energy, Asset, and Country, and compares such with five major oil benchmarks.
Thomas Conlon, Shaen Corbet, Charles Larkin, Jose Antonio Muñiz   +3 more
wiley   +1 more source