T his study examines how oil price shocks interact with the stock market index within a nonlinear autoregressive distributed lag model in Iran. Based on quarterly data for the period from 1991 to 2017, the findings revealed statistically significant evidence of short-run and long-run asymmetric behavior of stock market index in response to the positive a...

State and local officials are often tasked with policy decisions that influenced by projections of future economic conditions. However, properly assessing predicting performance is challenging. Common macroeconomic indicators can be helpful, but additional tools needed. Stock indices have traditionally been used in the investment community to evaluate performance. While a recent surge fundament...

• We examine cross hedging effectiveness between FTSE100 and world stock index futures. Our daily dataset spans from August 2002 through November 2019. apply OLS, VECM Wavelet to calculate OHR & effectiveness. US E-Mini DJIA$5 Australia S&P/ASX 200 are the best pairs. The optimal period for pairs is 256 days or longer. This paper examines UK futures developed emerging markets: US, Australia, Br...

In this paper, we consider a serial two-echelon periodic review inventory system with two supply modes at the most upstream stock point. As control policy for this system, we propose a natural extension of the dual-index policy, which has three base-stock levels. We consider the minimization of long run average inventory holding, backlogging, and both per unit and fixed emergency ordering costs...

Savannas and adjacent vegetation types like gallery forests are highly valuable ecosystems contributing to several ecosystem services including carbon budgeting. Financial mechanisms such as REDD+ (Reduced Emissions from Deforestation and Forest Degradation) can provide an opportunity for developing countries to alleviate poverty through conservation of its forestry resources. However, for avai...

The objective of this study was to map the spatial distribution of aboveground carbon stock (using Regression-kriging) of arboreal plants in the Atlantic Forest, Semi-arid woodland, and Savanna Biomes in Minas Gerais State, southeastern Brazil. The database used in this study was obtained from 163 forest fragments, totaling 4,146 plots of 1,000 m2 distributed in these Biomes. A geographical mod...

AIMS The volatility of financial markets may cause substantial emotional and physical stress among investors. We hypothesize that this may have adverse effects on cardiovascular health. The Chinese stock markets were extremely volatile between 2006 and 2008. We, therefore, examined the relationship between daily change of the Shanghai Stock Exchange (SSE) Composite Index (referred as the Index)...