http://saeb.feaa.uaic.ro/index.php/saeb/issue/feed Scientific Annals of Economics and Business 2021-10-18T15:41:49+00:00 prof. dr. Ovidiu Stoica, Editor-in-Chief saeb@uaic.ro Open Journal Systems <p><a data-target="crossmark"><strong>Call for papers</strong></a></p> <p><strong><a href="http://saeb.feaa.uaic.ro/index.php/saeb/about/submissions#onlineSubmissions" target="_self"><span style="float: right; font-size: 20px; color: #600; border-bottom: 1px dotted #660000; animation: blinker 1s linear infinite;">Online Submission</span></a></strong></p> <p>On behalf of the editorial board of the<span class="apple-converted-space"> </span><em><strong>Scientific Annals of Economics and Business</strong></em>, we are pleased to inform you that <strong>we are continuously accepting manuscripts for the next issues</strong>.</p> <p>The Journal, founded in 1954, is <strong>published four times a year (</strong>in <strong>March, June, September</strong><strong>, and December)</strong><em>,</em> under the sponsorship of the Alexandru Ioan Cuza University of Iasi, the oldest higher education institution in Romania, a place of excellence and innovation in education and research established in 1860.</p> <p class="Default"><strong>The journal is indexed by Clarivate Analytics (formerly Thomson Reuters) </strong><strong>Web of Science – Emerging Sources Citation Index, </strong><strong>Scopus, EBSCO and EconLit </strong>(The American Economic Association’s electronic bibliography), is fully available at the Research Papers in Economics (RePEc), Directory of Open Access Journals (DOAJ), ERIH PLUS, Central and Eastern European Online Library (CEEOL), and Scirus. In addition, the Journal is included in Cabell's Directories, Index Copernicus, Online Catalogue of the ZBW - German National Library of Economics (ECONIS), International Consortium for Advancement of Academic Publication (ICAAP), Electronic Journals Library, The Knowledge Base Social Sciences in Eastern Europe, Scientific Commons, The ZDB, Intute: Social Science (SOSIG - Social Science Information Gateway), New Jour, GESIS SocioGuide, Genamics Journalseek, Catalogo Italiano dei Periodici (ACNP), Google Scholar, and ResearchGate.</p> <p class="Default">In 2013, <em>Scientific Annals of Economics and Business</em> has been included in Elsevier's Scopus database, under the name <em>Analele ştiinţifice ale Universităţii "Al.I. Cuza" din Iaşi. Ştiinţe economice </em>(ISSN: 0379–7864 - printed edition, ISSN: 2068–8717 - online edition)<em>.</em></p> <p class="Default">Since 2016, the journal is indexed in Scopus under the new name, <em>Scientific Annals of Economics and Business</em>.</p> <p class="Default">Since 2018, <em>Scientific Annals of Economics and Business</em> has been selected for coverage in Clarivate Analytics products and services, being indexed and abstracted in Web of Science Core Collection <span style="font-size: 1.17em;">- </span>Emerging Sources Citation Index (ESCI). </p> <p>Authors are invited to submit manuscripts to be reviewed for possible publication in the Journal. It publishes articles in all areas of economics, business and related disciplines. The paper must be an original unpublished work written in English (British or American) that is not currently under review by other journals.</p> <p><strong>There are no submission or publication costs for authors.</strong></p> <p>Manuscripts should follow the format <a href="http://saeb.feaa.uaic.ro/index.php/saeb/about/submissions#authorGuidelines">style</a> of the journal. The papers should not exceed 30 pages including figures and references, and an author is only allowed to publish one paper per issue. Detailed background information on the submission of papers and review process can be found in the <a href="http://saeb.feaa.uaic.ro/index.php/saeb/about/submissions#onlineSubmissions"><em>Submission section</em></a>.</p> <p class="Default">The manuscripts are to be submitted electronically, via Journal’s <a href="http://saeb.feaa.uaic.ro/index.php/saeb/about/submissions#onlineSubmissions">website</a>, which offers a fully <strong>online manuscript submission and tracking system</strong>. Following submission, the author(s) track and check the latest status of the article quite easily by the help of the system.</p> <p class="Default">Submitted manuscripts will receive an initial screening from the editorial board before entering the double-blind review process. The Journal maintains a rapid electronic submission, review and publication process. On average, the double-blind review process (from submission to first editor decision) takes around 12 weeks and from acceptance to appearance online around 2-4 weeks.</p> <p>Accepted papers will be available on the journal website soon after acceptance, in a special section, <em><a href="http://saeb.feaa.uaic.ro/index.php/saeb/issue/view/11">Early Bird</a></em>. This “advance access” system enables us to publish papers online well ahead of their appearance in the printed journal. It also allows authors to obtain citations earlier, due to the use of 'Digital Object Identifier' (DOI).</p> <p><strong>Type of publication</strong>: scientific/academic</p> <p><strong>Language</strong>: English<br />ISSN-L: 2501-1960 <br />ISSN: 2501-1960 (printed edition)<br />e-ISSN: 2501-3165 (online edition)</p> <p> <img style="float: left;" src="http://saeb.feaa.uaic.ro/public/journals/1/cover_issue_1_en_US.png" alt="" /> <a title="SCImago Journal &amp; Country Rank" href="https://www.scimagojr.com/journalsearch.php?q=21100786911&amp;tip=sid&amp;exact=no" target="_blank" rel="noopener"><img style="margin-left: 300px;" src="https://www.scimagojr.com/journal_img.php?id=21100786911" alt="SCImago Journal &amp; Country Rank" border="0" /></a></p> <div style="height: 100px; width: 180px; margin-left: 110px; font-family: Arial, Verdana, helvetica, sans-serif; background-color: #ffffff; display: inline-block; margin-top: -100px;"> </div> <div style="height: 100px; width: 180px; font-family: Arial, Verdana, helvetica, sans-serif; background-color: #ffffff; display: inline-block;"> <div style="padding: 0px 16px;"> <div style="padding-top: 3px; line-height: 1;"> <div style="float: left; font-size: 28px;"><span id="citescoreVal" style="letter-spacing: -2px; display: inline-block; padding-top: 7px; line-height: .75;">1.0</span></div> <div style="float: left; font-size: 14px; padding-top: 3px; text-align: right;"><span id="citescoreYearVal" style="display: block;">2020</span> CiteScore</div> </div> <div style="clear: both;"> </div> <div style="padding-top: 3px;"> <div style="height: 4px; background-color: #dcdcdc;"> <div id="percentActBar" style="height: 4px; background-color: #007398;"> </div> </div> <div style="font-size: 11px;"><span id="citescorePerVal">50t</span>h percentile</div> </div> <div style="font-size: 12px; text-align: right;">Powered by <img style="width: 50px; height: 15px;" src="https://www.scopus.com/static/images/scopusLogoOrange.svg" alt="Scopus" /></div> </div> </div> <div style="clear: both;"> </div> http://saeb.feaa.uaic.ro/index.php/saeb/article/view/1264 Determining the Return Volatility of Major Stock Markets Before and During the COVID-19 Pandemic by Applying the EGARCH Model 2021-10-18T15:29:16+00:00 Letife Özdemir letifeozdemir@aku.edu.tr Ercan OZEN ercan.ozen@usak.edu.tr Simon Grima simon.grima@um.edu.mt Inna Romānova inna.romanova@lu.lv <p>With this study, we aim to determine the effect of the Covid-19 pandemic on the return volatility of the DJI, the DAX, the FTSE100 and the CAC40 stock indexes. We take return volatility between 1st January 2019 and 17th July 2020 and split it into two separate periods - before the Covid-19 pandemic outbreak and the first wave of the ‘In-Pandemic’ period. Only the so-called first wave of the pandemic was chosen to avoid the influence of knowledge of possible vaccines and antiviral solutions. Data were analysed by using the exponential GARCH (EGARCH) model. Findings show excessive volatility in the major stock markets with short volatility persistence and the presence of leverage in returns during the first wave of the Covid-19 pandemic outbreak. Moreover, during the pandemic period, positive shocks have been observed to have a greater effect than negative socks on the stock index return volatility.</p> 2021-10-18T00:00:00+00:00 Copyright (c) 2021 Letife Özdemir, Ercan OZEN, Simon Grima, Inna Romānova