hand, Turkey has one of the smallest markets (MKTCAP 0.0624) and is relatively liquid (TURNOVER 0.5041). The correlation …

convergence property is the enlargement of the information set as the firm approaches its earnings announcement date. An across …

Eu t· =0, Cov(u t· )=Σ> 0, (2) defined on some probability space (Ω, A, P). ii. It is further assumed that plim T→∞ X …

defined by the level of q(m) which equates q(m)EU(HLjHL) + (1¡q(m))EU( ˆHˆLjˆLˆL) = q(m)EU(ˆLˆLjˆHˆL)+(1¡q(m))EU …

EU directives have enabled Italian motor insurance companies to change premium coefficients and transition rules. All …

Erwartungsnutzen E[U(∆ ˜W)] aus dem un- sicheren Verm¨ogenszuwachs. Wir unterstellen aus den zuvor genannten Gr¨unden Risikoaversion, d …

China increased 9.3%, while EU exports to China increased 11.2% (Data taken from the Commerce Department and Eurostat). See …

curve/short rate process n (u is a dummy integration variable for m,ands is a dummy integration variable for time t as …

problem of market integration is one of great concern when measuring mispricing of assets and violations of the LOP variants …. On this account, Chen and Knez (1995) set forth two alternative approaches to market integration: o Firstly, they … is violated as a measure of non integration. University of Cema Working Paper Series …

integration of lines. Since any one line can serve only a limited area, provision of multiple, integrated lines is essential for …