Journal of Economic Analysis最新文献

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What drives strategic Corporate Social Responsibility? 企业社会责任战略的驱动力是什么？

Journal of Economic Analysis Pub Date : 2024-07-11 DOI: 10.58567/jea04010005

Rania Béji, O. Yousfi

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引用次数: 0

Shred Central: Estimating the user benefits associated with large public skateparks Shred Central：估算与大型公共滑板公园相关的用户收益

Journal of Economic Analysis Pub Date : 2024-05-07 DOI: 10.58567/jea04010004

Thomas Kemp

引用次数: 0

Are Industry Returns Informative about Other Industries and Fundamentals? 行业回报对其他行业和基本面是否有参考价值？

Journal of Economic Analysis Pub Date : 2024-03-04 DOI: 10.58567/jea04010001

N. Laopodis

{"title":"Are Industry Returns Informative about Other Industries and Fundamentals?","authors":"N. Laopodis","doi":"10.58567/jea04010001","DOIUrl":"https://doi.org/10.58567/jea04010001","url":null,"abstract":"This paper examines the information content of selected US industries focusing on the dynamic linkages among these industries, the stock market and a number of fundamental variables. The period of investigation spans from January 1960 to December 2021. The empirical strategy includes several methodologies such as regressions, vector autoregressions and volatility models. The idea is to investigate the dynamic linkages among these series at both the mean and the volatility levels. The results point to significant industry returns’ explanatory power for many predictors of economic activity including the stock market. Further, time-varying analysis of the linkages among the industries and the stock market’s returns reveal that certain industries such as Oil and Financials provide consistent information leadership over other industries and across decades. Further, upon assessing the industry–market return volatility spillovers, it was found that a market risk–return profile may not always be economically significant and timely for investors. Finally, crises, financial or otherwise, affect industries but to differing degrees.","PeriodicalId":512845,"journal":{"name":"Journal of Economic Analysis","volume":"12 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140266486","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0