This book provides students with a foundation for analysis through a text that is well-
organized, comprehensive, and provides up-to-date coverage of the topics. Like the first …

One of the most important recent developments in financial markets is the institutionalization
of saving associated with the growth of pension funds, life insurance companies, and mutual …

Emphasising the scope for further growth in institutional investment, in Europe in particular,
this paper focuses on the impact of institutional investment on the efficiency and stability of …

The connection between the macroeconomic development on one hand and the stock
market dynamics on the other hand is the focus of many research initiatives. We are trying to …

This paper investigates the possibility of cointegration between the United States and 11
European equity markets before and after the convergence period of 1995. The results …

This study examines the cross-border impact of central bank interest rate changes, using the
example of the German Bundesbank. We examine the price impact of rate changes on both …

This paper seeks to assess the current status and future prospects for private pension
management in Continental Europe, with a particular focus on the nature of competition …

With the integration of global markets, the opportunities of benefiting from international
diversification are diminishing and investors from developed countries are looking at the …

Western Balkans is a term describing Eastern European countries that include North
Macedonia, Montenegro, Serbia, Albania, and Kosovo. The report puts Bulgaria next to the …

Using symmetric data sets of 92 weekly return observations before and after the introduction
of the euro, the paper analyzes the impact of the new currency on the return structure of …