After the collapse of the housing bubble in 2007, severe fire sales of assets in the financial sector are accompanied by a rise in the volatility of asset returns in the non-financial firms. To account for their co-movements, I develop a model that highlights the interaction between the financial health of the banking sector and the volatility of asset returns. The novel feature of the model is...

We establish several new findings on the relation between open interest in commodity markets and asset returns. High commodity market activity, as measured by high open-interest growth, predicts high commodity returns and low bond returns. Openinterest growth is a more powerful and robust predictor of commodity returns than other known predictors such as the short rate, the yield spread, the ba...

BACKGROUND Universal health coverage is high on national health agendas of many countries at the moment. Absence of financial hardship is a key component of universal health coverage and should be monitored regularly. However, relevant household survey data, which is traditionally needed for this analysis is not frequently collected in most countries and in some countries, has not been collecte...

many researches have depicted there is no significant and positive correlation between it and firm level performance, called productivity paradox, so as successful investment on it depends on taking into account the role of complementary assets such as business processes and organizational infrastructures. on the other hand, since there are not enough resources to invest on all these assets, th...

The purpose of this study is to determine the impact assets value added and liquidity stock in context evidence Indonesia relatively different situations conditions. novelty research using net value-added measurements, was conducted Indonesia, two situations, namely 2018-2019 (before corona virus occurred) 2020 (the occurred). contribution fills narrow gap field from perspective Indonesia. popu...

this paper analyzes the relationship between capital structure and earning management. for analysing we used 119 non-financial companies that listed in tehran stock exchange from 2000 to 2008. the researchers will focus on comparing the jones model and the modified jones model, which are the two most frequently used model in empirical analysis nowadays. earnings management is a kind of manageme...