[
1. Alkhazali, O. M., Lean, H. H., Mirzaei, A., Zoubi, T. (2021). A comparison of the gold-oil portfolio and oil portfolio: A stochastic dominance approach. Finance Research Letters, Vol. 40, 2021, 101670, https://doi.org/10.1016/j.frl.2020.101670.
]Search in Google Scholar
[
2. Anayi, L., Bloom, N., Bunn, P., Chen, S., Mizen, P., Oikonomou, M., Thwaites, G., Smietanka, P. (2021). Update: Which firms and industries have been most affected by Covid-19?. Available at https://www.economicsobservatory.com [12 November 2022].
]Search in Google Scholar
[
3. Anyfantaki, S., Arvanitis, S., Topaloglou, N. (2021). Diversification benefits in the cryptocurrency market under mild explosivity. European Journal of Operational Research, Vol. 295, No. 1, pp. 378-393, https://doi.org/10.1016/j.ejor.2021.02.058
]Search in Google Scholar
[
4. Boghicevici, C., Stamule, C., Lolea, C. I. (2021). The Spillover Effect on the CEE Equity Markets and the Financial Contagion in the Context of Financial Integration. Journal for Economic Forecasting, Institute for Economic Forecasting, Vol. XXIV, No. 4, pp. 155-170.
]Search in Google Scholar
[
5. Buszko, M., Orzeszko, W., Stawarz, M. (2021). COVID-19 pandemic and stability of stock market - A sectoral approach. PLoS ONE, Vol. 16, No. 5, pp. 1-26. https://doi.org/10.1371/journal.pone.0250938813663734014941
]Search in Google Scholar
[
6. Chiu, W. H., Hung, S. W., Liang, C. J. (2020). The Mediation effect for Bitcoin, Evidence from China Market on the Period of Covid-19 Outbreaking. Economics Bulletin, Vol. 40, No. 3, pp. 1985-1993.
]Search in Google Scholar
[
7. Dedi, L., Škorjanec, D. (2017). Volatilities and equity market returns in selected Central and Southeast European countries. Ekonomski Pregled, Vol. 68, No. 4, pp. 384-398.
]Search in Google Scholar
[
8. Do, T. K. (2020). Socially responsible investing portfolio: An almost stochastic dominance approach. International Journal of Finance & Economics, Vol. 26, No. 1, pp. 1122-1132. https://doi.org/10.1002/ijfe.1840
]Search in Google Scholar
[
9. Donthu, N., Gustafsson, A. (2020). Effects of COVID-19 on business and research. Journal of Business Research, Vol. 117, pp. 284-289. DOI: https://doi.org/10.1016/j.jbusres.2020.06.008728009132536736
]Search in Google Scholar
[
10. Fang H., F., Chung C.-P., Lee Y.-H., L., Yang X. (2021). The Effect of COVID-19 on Herding Behavior in Eastern European Stock Markets. Frontiers in Public Health, Vol. 9, pp. 1-9.10.3389/fpubh.2021.695931829418734307288
]Search in Google Scholar
[
11. Gardijan Kedžo, M., Šego, B. (2021) The relative efficiency of option hedging strategies using the third-order stochastic dominance. Comput Manag Sci, Vol. 18, pp. 477-504. https://doi.org/10.1007/s10287-021-00401-z
]Search in Google Scholar
[
12. Guran, C., Tas, O., Ugurlu, U. (2019). Mean-Variance Portfolio Optimization of Energy Stocks Supported with Second Order Stochastic Dominance Efficiency. Czech Journal of Economics and Finance, Vol. 69, No. 4, pp. 366-383.
]Search in Google Scholar
[
13. Hanoch, G., Levy, H. (1969). The Efficiency Analysis of Choices Involving Risk. The Review of Economic Studies, Vol. 36, No. 3, pp. 335-346. https://doi.org/10.2307/2296431
]Search in Google Scholar
[
14. Karkowska, R., Urjasz, S. (2021). Connectedness structures of sovereign bond markets in Central and Eastern Europe. International Review of Financial Analysis, Vol. 74, pp. 1-14. https://doi.org/10.1016/j.irfa.2020.101644.
]Search in Google Scholar
[
15. Latinović, M., Bogojević Arsić, V., Bulajić M. (2018). Volatility spillover effect in western Balkans. Acta Oeconomica, Vol. 68, No. 1, pp. 79-100.10.1556/032.2018.68.1.4
]Search in Google Scholar
[
16. Levy, H. (2006). Stochastic dominance: Investment Decision Making under Uncertainty, Second Edition. Springer, New York.10.1007/0-387-29311-6
]Search in Google Scholar
[
17. Levy, H. (2016). Stochastic dominance: Investment Decision Making under Uncertainty, Third Edition. Springer, New York.10.1007/978-3-319-21708-6
]Search in Google Scholar
[
18. Liao, T. L., Tsai, L.-C., Ke, M. C., Chiang, Y.-C., Hsu, C.-H. (2019). Financial crisis and market efficiency: evidence from European stock markets. The European Journal of Finance, Vol. 25, No. 13, pp. 1194-1210.10.1080/1351847X.2019.1584579
]Search in Google Scholar
[
19. Maras, M. (2022). The spillover effect of European Union funds between the regions of the new European Union members. Croatian Review of Economic, Business and Social Statistics, Vol. 8, No. 1, pp. 58-72. https://doi.org/10.2478/crebss-2022-0005
]Search in Google Scholar
[
20. Mroua, M., Bahloul, S., Naifar, N, (2022). Should investors include bitcoin in their portfolio? New evidence from a bootstrap-based stochastic dominance approach. Applied Economics Letters, Vol. 29, No. 1, pp. 53-62.10.1080/13504851.2020.1855302
]Search in Google Scholar
[
21. Mroua, M., Bouattour, H., Naifar, N. (2022). Dynamic links between renewable energy, commodities, and financial stock markets: Implications for portfolio diversification. International Journal of Financial Engineering, Vol. 9, No. 1.10.1142/S2424786321500237
]Search in Google Scholar
[
22. Oner, S., Oner, H., Kilic Satici, H. (2022). Spillover effects of stock markets in the COVID-19 pandemic period: Evidence from Central and East European countries. Istanbul İktisat Dergisi - Istanbul Journal of Economics, Vol. 72, No. 1, pp. 211-238. https://doi.org/10.26650/ISTJECON2021-994570
]Search in Google Scholar
[
23. Papadamou, S., Fassas, A. P., Kenourgis, D., Dimitriou, D. (2021). Direct and Indirect Effects of COVID-19 Pandemic on Implied Stock Market Volatility: Evidence from Panel Data Analysis. Available at https://mpra.ub.uni-muenchen.de/100020/ [20 October 2022].
]Search in Google Scholar
[
24. Pardal, P., Dias, R., Šuleř, P., Teixeira, N., Krulický, T. (2020). Integration in Central European capital markets in the context of the global COVID-19 pandemic. Equilibrium. Quarterly Journal of Economics and Economic Policy, Vol. 15, No. 4, pp. 627-650. https://doi.org/10.24136/eq.2020.027
]Search in Google Scholar
[
25. Pho, K. H., Ly, S., Lu, R., Hoang, T. H. V., Wong, W. K. (2021). Is Bitcoin a better portfolio diversifier than gold? A copula and sectoral analysis for China. International Review of Financial Analysis, Vol. 74, 101674. https://doi.org/10.1016/j.irfa.2021.101674
]Search in Google Scholar
[
26. Rehman, M. U., Ahmad, N., Shahzad, J. H. S., Vo, V. X. (2022). Dependence dynamics of stock markets during COVID-19. Emerging Markets Review, Vol. 51, No. B, pp. 1-22. https://doi.org/10.1016/j.ememar.2022.100894
]Search in Google Scholar
[
27. Šikić, L., Šagovac, M. (2017). An international integration history of the Zagreb Stock Exchange, Public Sector Economics, Vol. 41, No. 2, pp. 227-257.10.3326/pse.41.2.4
]Search in Google Scholar
[
28. Škrinjarić, T. (2020). CEE and SEE equity market return spillovers: Creating profitable investment strategies. Borsa Istanbul Review, Vol. 20, No. 1, pp. 62-80. 10.1016/j.bir.2020.09.00610.1016/j.bir.2020.09.006
]Search in Google Scholar
[
29. Škrinjarić, T. (2021). Profiting on the Stock Market in Pandemic Times: Study of COVID-19 Effects on CESEE Stock Markets. Mathematics, Vol. 9, No. 17, pp. 1-20. https://doi.org/10.3390/math9172077
]Search in Google Scholar
[
30. Wiener Borse (2022). CEE Indices - Country indices (data). Available at https://www.wienerborse.at/en/indices/index-values/cee-indices/?c6558%5Bsubcategory%5D=2 [2 October 2022].
]Search in Google Scholar
[
31. World Health Organization (2019). Coronavirus disease (COVID-19) pandemic. Available at https://www.who.int/europe/emergencies/situations/covid-19 [26 October 2022].
]Search in Google Scholar
[
32. Zhu, Z., Bai, Z., Vieito, J. P., Wong, W.-K. (2019). The impact of the global financial crisis on the efficiency and performance of Latin American stock markets. Estudios de economía, Vol. 46, No. 1, pp. 5-30. https://dx.doi.org/10.4067/S0718-5286201900010000510.4067/S0718-52862019000100005
]Search in Google Scholar
[
33. Žigman, A. (2021) Financial markets’ post COVID syndrome. Available at https://www.hanfa.hr/media/6012/prezentacija_efri_%C5%BEigman.pdf [16 November 2022].
]Search in Google Scholar
