The global financial system is highly complex, with cross-border interconnections and interdependencies. In this interconnected environment, local shocks events can be easily amplified turned into events. This paper analyzes the dependencies among nearly 4,000 stocks from 15 countries. returns are normalized by estimated volatility using a GARCH model robust regression process estimates pairwis...

The objective of this article is to observe possible relationships between the occurrence international art fairs and exports Brazilian artworks from years 2010 2021, with special consideration SP-Arte, fair held every year in São Paulo City, Brazil, since 2005. In order achieve our objective, we, first, briefly review historical process internationalization role it. Then, we examine data 2018 ...

economic recession is considered as a repeatable and constant phenomenon in capitalist economy. countries which experienced rapid economic growth have inevitably applied a balancing program after that. generally, whenever industrial, financial and commercial developments occurred in a rapid growth, the reverse and changing processes would appear. consequently, they will affect the financial and...