Joseph Yagil

TL;DR: In this paper, the authors examined the relationship between air pollution and stock returns using data from the Air Quality Index (AQI) and stock return from four stock exchanges in the US and found that air pollution is negatively related to stock returns.

TL;DR: This article investigated the causal relationship between the Volatility Index (VIX), as an indicator of fear sentiment, and the price of gold futures and found bidirectional causality in-mean and in-variance patterns between both variables, implying that changes in the VIX drive the returns of gold contracts but not vice versa.

TL;DR: In this article, the authors investigated the relationship between macroeconomic factors and the time pattern of the degree of merger activity in the US economy and found that whether mergers are motivated by operating or financial synergy, they are closely related to macro-economic factors, and that this relationship is stronger for pure conglomerate than for non-conglomerate mergers.