Evaluation and Forecasting of Stock Performance on Athens Stock Exchange An Empirical Approach -- Forecasting International Tourist Arrivals to Myanmar During ongoing Military Coup Period Bayesian Structural Time Series -- Defense Spending and Income Inequality New Evidence from Greece -- The...

Chapter 1: Cooperators are faster but not more accurate in social exchange decisions compared to defectors -- Chapter 2: Interest Rate Changes and Investors Activity. Evidence from Poland during the Pandemic Period -- Chapter 3: Volatility Modelling of Volatility Indices: The Case of Emerging...

Es liegt in der Verantwortung von ökonomischen Entscheidungsträgern, Entscheidungen unter Unsicherheit zu treffen. Finanzmarktunsicherheit kann ökonomische Aktivität negativ beeinflussen. In diesem Sinn können Prognosen theoretisch einen ökonomischen Mehrwert liefern. Diese kumulative...

This paper investigates the fractal behaviour of the electric spot prices traded in some European markets. Whereas the analysis leads to exclude the presence of multifractality, we provide evidence supporting the conclusion that the multifractional Brownian motion can represent a good candidate...

The recent worldwide developments in financial markets have ignited the debate about the best approach to regulation of the securities industries. Given that systemic risk reduction is getting into the realm of objectives of the regulatory agencies, new approaches to regulation are called for....

The creation of EMU raises the question whether the common monetary policy has the same impact in all member countries. We analyse the convergence of interest rates in four major EMU countries from 1999 to 2007. We suggest to test the convergence of the interest rates with the full term...

The aim of the paper is to describe and compare the dynamics of linkages between stock markets during financial crises. We investigate similarities and differences between the patterns of changes in the conditional dependence structure during the 1997 Asian and 1998 Russian financial crises, and...

We investigate valuation of volatility sensitive interest rate derivatives like the derivatives involving LIBOR or swap rates in arrears. The paper studies several alternatives of the standard convexity adjustment formula, in particular, a precise analytical formula based on an assumption of...