scholarly journals Factors Affecting the Volatility of the Jakarta Composite Index before and after the Merger of Two Stock and Bond Markets in Indonesia

2014 ◽  
Vol 10 (22) ◽  
Author(s):  
Hermanto Tanjung ◽  
Hermanto Siregar ◽  
Roy Sembel ◽  
Rita Nurmalina
2014 ◽  
pp. 74-89 ◽  
Author(s):  
Vinh Vo Xuan

This paper investigates factors affecting Vietnam’s stock prices including US stock prices, foreign exchange rates, gold prices and crude oil prices. Using the daily data from 2005 to 2012, the results indicate that Vietnam’s stock prices are influenced by crude oil prices. In addition, Vietnam’s stock prices are also affected significantly by US stock prices, and foreign exchange rates over the period before the 2008 Global Financial Crisis. There is evidence that Vietnam’s stock prices are highly correlated with US stock prices, foreign exchange rates and gold prices for the same period. Furthermore, Vietnam’s stock prices were cointegrated with US stock prices both before and after the crisis, and with foreign exchange rates, gold prices and crude oil prices only during and after the crisis.


2015 ◽  
Vol 31 (3) ◽  
pp. 227-232 ◽  
Author(s):  
Richard C. Allen ◽  
Esther S. Hong ◽  
M. Bridget Zimmerman ◽  
Leslie A. Morrison ◽  
Jeffrey A. Nerad ◽  
...  

2014 ◽  
Vol 2014 ◽  
pp. 1-8
Author(s):  
Mayu Muramatsu ◽  
Motomichi Koyama ◽  
Ikumu Watanabe

We analyzed the dynamic recrystallization of pure lead by tensile testing with cyclic strain holding at room temperature. The specimens were held at an identical strain and subsequently reloaded, providing the strength before and after the strain holding process. The difference in strength enables factors affecting dynamic recrystallization behavior to be analyzed through mechanical testing. For instance, the effects of strain rate on dynamic recrystallization were analyzed by comparing the results obtained from tensile tests with and without strain holding. This experimental technique demonstrated some parts of contribution of elastic strain, dynamic recovery, dynamic recrystallization, and necking to stress-strain responses.


2018 ◽  
Vol 2018 (2) ◽  
pp. 39-49
Author(s):  
Igor KRAVCHUK ◽  

Market of negotiable financial instruments is an immanent component of the financial system and is in a two-way relationship with other financial institutions and real sector of the economy in terms of ensuring its stable functioning. Possible market shocks can adversely affect state of the economy; therefore regulators should carry out constant market surveillance to detect and prevent early possible market violations, by calculating (in particular) the composite stress index. To construct a composite index, correlation analysis, generalized autoregressive conditional heteroscedasticity model, standardization based on the integral distribution function, seasonal adjustment and determination of a long-term trend based on filtering are used. It is proposed to calculate the stress index of Ukraine’s market of negotiable financial instruments on the basis of market data by balanced averaging of the following sub-indices: (i) stocks (UX stock yield volatility, CMAX indicator, market efficiency coefficient); (ii) debt securities (sovereign spread and CDS spread); and (iii) derivatives (indicator of the change in the number of open futures positions for the UX stock). Aforementioned were standardized using the integral distribution function. The author’s analysis of the proposed composite stress index shows that dominant factors affecting the situation in Ukraine’s market of securities and derivatives are intra-national ones, which have become dominant since 2014. At present, the stress index of Ukraine’s market of negotiable financial instruments is still of little importance to reflect economic situation in the state, given weak development of the market and its meager role for financing and reflecting the corporate activity.


2021 ◽  
Vol 50 (4) ◽  
pp. 369-409
Author(s):  
Hak-Kyum Kim ◽  
Hee-Joon Ahn

This study empirically examines whether there are any issuance premia for Socially Responsible Investment (SRI) bonds, using the data from the South Korean bond market from May 2018 to December 2020. We classify SRI bonds into three types: green, social, and sustainability. We divide the sample period into pre-COVID-19 and post-COVID-19 to understand how the pandemic has impacted the pricing of SRI bonds. We employ two empirical approaches: a matching sample analysis and a regression analysis that controls various bond and market characteristics. We find the following. First, significant issuance premia of at least 8bp existed for our sample of social bonds. However, we do not find any evidence of an issuance premium from the other two types of bonds. The premia on social bonds decreased significantly after the outbreak of COVID-19. As most studies have focused on green bonds, the literature on SRI bonds has largely been silent about social bonds and sustainability bonds. By focusing on these two less researched SRI bond types in addition to green bonds, we help expand our knowledge on SRI bond markets. Moreover, to the best of our knowledge, this is the first study to examine the SRI bond market in South Korea.


Pujangga ◽  
2020 ◽  
Vol 6 (1) ◽  
pp. 48
Author(s):  
Evi Jovita Putri ◽  
Gilang Ilham Agustinus ◽  
Intan Kusuma Wardhani

ABSTRACT This research aims to analyze the effectiveness of YouTube-based videos as a media in learning daily English conversation for children and to identify factors affecting learning daily English conversation for children by using YouTube-based videos as a media. To obtain the aims, this research uses six children whose ages vary from ten to twelve years old lived in Asrama Yatim Mizan Amanah located at Jalan Salihara, Pasar Minggu, South Jakarta as the source of data. Descriptive qualitative method is applied as the research design. In collecting data, the researchers gather the result of learning activities in pre-tests, treatments, and post-tests. Meanwhile, in analyzing the data, the researchers compare the children’s pre-test score with their post-test score to see the development of learning which show their competence before and after being treated. in this case, the research is focused on two topics, Greeting and Introduction in English. The children are introduced some expressions of greeting and introduction in English children by using YouTube-based videos, then some roleplays or conversation containing expressions of greeting and introduction are shown to the children by watching together YouTube-based videos. The last, the children are asked to recognize and practice the expression of greeting and introduction in English. The result shows that the usage of YouTube based video as a media in learning daily English conversation for children is considered effective. Four out of six children are able to memorize new expressions of both greeting and introduction in English, whereas the two other children remains stagnant after learning using YouTube based videos. It is found that there are factors that affect learning English for children by using this media, they are; personality, motivation and attitude, intelligent, learners’ belief, and personality. The most influential factors affecting learning are motivation and attitude. The successful children have these factors stronger rather than the stagnant children. Based on the result, the effectiveness in learning English using YouTube-based videos will be stronger if it is supported by an interactive and conducive learning atmosphere. The learning atmosphere should be considered to achieve a stronger speaking English proficiency. Key words: YouTube based-videos, language learning, daily English conversation ABSTRAK Penelitian ini ditujukan untuk menganalisis keefektifan penggunaan video berbasis YouTube sebagai media dalam belajar percakapan bahasa Inggris sehari-hari pada anak-anak dan untuk mengidentifikasi faktor yang mempengaruhi pembelajaran percakapan bahasa Inggris sehari-hari pada anak-anak yang menggunakan video berbasis YouTube. Untuk mencapai tujuan tersebut, penelitian ini menjadikan enam orang anak berumur sepuluh hingga dua belas tahun yang tinggal di Asrama Yatim Mizan Amanah Jalan Salihara, Pasar Minggu, Jakarta Selatan sebagai sumber data. Penelitian ini menggunakan metode descriptive qualitative. Disini, proses pengumpulan data meliputi pengumpulan hasil pre-tests, treatment, dan post-test. Sementara itu, proses analisis data dilakukan dengan cara membandingkan skor pre-test dengan skor post-test pembelajar untuk melihat perkembangan pembelajaran yang menunjukkan perkembangan anak-anak sebelum dan sesudah pembelajaran. Penelitian difokuskan pada dua topik pembelajaran yaitu sapaan dan perkenalan bahasa Inggris. Dalam hal ini anak-anak diajak mengenal ekspresi sapaan dan perkenalan dalam Bahasa Inggris melalui video yang ada pada YouTube. Kemudian menonton beberapa simulasi dari perilaku menyapa dan berkenalan dalam Bahasa Inggris juga melalui video You-Tube. Pada tahap terakhir, para pembelajar ini diminta untuk berlatih mengingat dan mempraktekkan ungkapan sapaan dan perkenalan dalam Bahasa Inggris Hasil penelitian menunjukkan bahwa penggunaan video berbasis YouTube sebagai media belajar percakapan bahasa Inggris sehari-hari adalah efektif. Empat dari 6 anak mampu mengingat kosakata sapaan dan perkenalan yang baru secara signifikan setelah belajar menggunakan media video berbasis You Tube, meskipun ada 2 anak yang tidak mengalami peningkatan. Ada beberapa faktor yang memengaruhi pembelajaran pada anak-anak tersebut diantaranya kepribadian, motivasi dan sikap, kecerdasan, dan keyakinan. Faktor yang paling berpengaruh pada pembelajaran adalah motivasi dan sikap. Anak-anak yang mengalami peningkatan belajar yang pesat memiliki faktor motivasi dan sikap yang lebih kuat dibanding anak-anak yang tidak mengalami peningkatan. Berdasarkan hasil tersebut, keefektifan dalam belajar percakapan Bahasa Inggris sehari-hari menggunakan video YouTube menjadi lebih besar jika didukung oleh atmosfer belajar yang interaktif dan kondusif. Hal ini mesti diperhatikan guna mencapai kemampuan Bahasa Inggris lisan yang lebih baik. Kata Kunci: Video YouTube, Pembelajaran Bahasa, Percakapan dasar dalam Bahasa Inggris.


2002 ◽  
Vol 17 (2) ◽  
pp. 80-94 ◽  
Author(s):  
Moshe Krausz ◽  
Aharon Bizman ◽  
Shaul Fox

Pre‐relocation measures as well as measures collected subsequent to it were used to predict employees’ post‐relocation adaptation in a case where an entire plant relocated its premises. The distance between the old and the new site did not require home relocation, with the result that the change was deemed less of a “family issue” than an essentially work and organizational change. The sample consisted of 176 employees, for whom matched before and after questionnaires were available. Pre‐relocation measures included demographics, justification of management’s decision to relocate, and positive and negative emotional reactions to the move. In addition, measures of perceived changes were taken after the move. The three post‐relocation adaptation measures were work satisfaction, loyalty to the organization, and relocation satisfaction. Findings are discussed in the light of previous findings, although most of that research dealt with individual as opposed to plant relocation, and of very few studies dealing with post‐relocation variables.


The Auk ◽  
2005 ◽  
Vol 122 (2) ◽  
pp. 479-496 ◽  
Author(s):  
Stéphane Menu ◽  
Gilles Gauthier ◽  
Austin Reed

Abstract The many hazards that await birds along their migratory routes may negatively affect their survival, especially among newly fledged young. We estimated survival of young Greater Snow Geese (Chen caerulescens atlantica) during fall migration from the High Arctic to temperate areas and examined factors affecting their survival over a five-year period, using two approaches. First, each year (1993–1997), we banded fledglings and adults in mid-August, just before their departure from Bylot Island in the High Arctic (Nunavut, Canada), and again at an important staging area 3,000 km to the south at the Cap Tourmente National Wildlife Area (Québec, Canada) in October; recovery data from those two banding periods allowed estimation of survival during fall migration. Second, we visually determined brood size of neck-banded females before and after the main portion of the migratory flight, to estimate survival of young. The two approaches yielded similar survival estimates and showed the same interannual variation, thus suggesting that estimates were reliable. Mortality of young shortly after fledging and during the fall migration was high, compared with that of adults (monthly survival 0.662 in young vs. 0.989 in adults). However, mortality of young after migration was similar to that of adults (monthly survival 0.969 in young vs. 0.972 in adults). Migration survival of young varied considerably among annual cohorts (range of 0.119–0.707 over five years), and most of the mortality appeared to be natural. Survival was especially low in years when (1) temperatures at time of fledging and start of migration were low (i.e. near or below freezing), (2) mean body mass of goslings near fledging was low, or (3) mean fledging date was late. Our results suggest that migration survival of young is affected by a combination of several factors (climatic conditions, body mass, and fledging date) and that survival is reduced when one of those factors intervenes.


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