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To discuss the current liquidity in inter-bank bond market, this paper uses high-frequency date of bond trading, and selects a series of liquidity measures to evaluate liquidity in the market respectively. Then correlation analysis is applied between liquidity measures, and the result reveals that some liquidity measures are highly correlated. Based on the correlations between liquidity measures,
This paper aims to investigate the effects of macroeconomic variables on stock market volatility in three Asian countries by applying GARCH MIDAS model. The study covers the period from 01/2003 to 06/2014. The GARCH MIDAS framework allows to incorporate macro variables directly in the model and obtain long-term and short-term volatility separately. Empirical findings show that some macroeconomic v
Some colours might have different connotations depending on people’s cultural backgrounds. When talking about evacuation, the colour employed for exit signs and flashing lights plays a significant role because it is responsible for conveying a message to the evacuees, either danger or safety. The aims of this study are to evaluate the influence of red and green emergency way-finding systems on the
The commercialization of athletes has been an important aspect of the sports industry and personal branding in the contemporary landscape of digital media and sports communication. However, the commercialization of the athletes will be interpreted under the framework of national symbolism when the athletes are constructed as national symbols at the same time. Starting by researching the case of Ei
Consumption-based emissions have increased rapidly during the last few decades and measures to battle climate change have included numerous initiatives to reduce greenhouse gas emissions. The European Union is currently in the process of implementing its new Carbon Border Adjustment Mechanism, to level the playing field between domestic producers and importers by setting the same requirements conc
Income inequality is one of the main topics that worried economists in recent decades. It became more popular, especially starting with the integration process of East Asian economies’ to the global market as a result of the globalization process. And there are lots of approaches on economic growth’s positive and negative effects on income distribution. Its impact on income distribution has been t
