IRJFE Issue 79

IRJFE Issue 79

International Research Journal of Finance and Economics

Issue 79
December, 2011

Investigating the Relationship between Stock Market Returns and Macroeconomic Variables: Evidence from Developed and Emerging Markets	6-30
Mohamed Khaled Al-Jafari, Rashed Mohammed Salameh and Mohammad Rida Habbash

Probability of Price Reversal and Intraday Trading Activity For Low Banking Sector at Indonesia Stock Exchange	31-42
Perdana Wahyu Santosa and Muhamad Nadratuzzaman Hosen

Justifiable Thrift or Feverish Animal Spirits: What Stirred the Corporate Credit Crunch in Poland?	43-63
Marcin Senderski

Housing Affordability and Methodological Principles: An Application	64-78
Giuseppe Torluccio

Economic Impact of Tourism on Greece’s Economy: Cointegration and Causality Analysis	79-85
Evangelia Kasimati

Intertemporal Surplus Management under Model Misspecification	86-92
Lung-fu Chang and Tzu-Hui Pan

A Household’s Behavior under Knightian Uncertainty	93-97
Kenichi Tamegawa

Optimal Hedge Ratio with Moving Least Squares – an Empirical Study using Indian Single Stock Futures Data	98-111
Sukanto Bhattacharya, Harminder Singh and Renato M. Alas

A Combined Forecasting Approach to Exchange Rate Fluctuations	112-119
Majid Shahriari

Income Smoothening Practicing Effect on Abnormal Returns and Market Value	120-127
Khaldoun M. Al-Qaisi

Procurement Procedures for Greek Hospital Provisions	128-136
Theodoros A. Komatas

Data Envelopment Analysis: An Augmented Method for the Analysis of Firm Performance	137-142
Yusuf Gümüş and Hakan Çelikkol

A Study of Operating Efficiency of Banks under Financial Holding in Taiwan	143-155
Chun Chu Liu, Li Min Chuang and Chien Min Huang

The Macroeconomic Effects of Budget Deficits in Greece: A VAR-VECM Approach	156-166
Andreas G. Georgantopoulos and Anastasios D. Tsamis

Financial Industry: Revising the Recession’s Roots	167-175
Alexander Suetin