Research in this thesis deals with some unexplored, or only partially explored, issues relating to the information content of volatility of the idiosyncratic component of asset returns at the firm and industry-level, both in the context of developed and emerging stock markets. Specific issues we...

An important assumption underlying traditional theories of financial time-series behaviour is that consecutive changes in the price of an asset (ie. asset returns) are independent of each other. For analysts seeking to predict the future value of an asset, this implies that the best step-ahead...

We begin with the outlining the motivation of this research as there are still so many unanswered research questions on our complex financial and economic systems. The philosophical background and the advances of econometrics and econophysics are discussed to provide an overview of the...

Access to mainstream financial services is on the horizon for unbanked and underbanked consumers in Houston through Get Checking(TM), a national initiative sponsored by eFunds Corp. and the University of Wisconsin Extension.

Exceptionally high numbers of unbanked Houston residents are experiencing the advantages of having a bank account as the Bank on Houston program wraps up its second quarter of operation.