Showing 1 - 10 of 16
now that the model has become an auto-nomous, unreflected item in international accounting standards and law allowing … "creative" accounting. There is no economial relation between the future value of an underlying and it's current volatility …
Persistent link: https://www.econbiz.de/10005125491
Recent empirical research found that the strong short-term relationship between monetary aggregates and US real output and inflation, as outlined in the classical study by M. Friedman and Schwartz, mostly disappeared since the early 1980s. In the light of the B. Friedman and Kuttner (1992)...
Persistent link: https://www.econbiz.de/10005126378
Our study aims at understanding the introduction and the development of financial 'communication' in French companies. The case of Saint-Gobain (1867-2005) is used to explain why and how Saint-Gobain have taken the initiative in going more to meet investors, by having voluntary disclosed more...
Persistent link: https://www.econbiz.de/10005076574
India, with its 20 million shareholders, is one of the largest emerging markets in terms of the market capitalization. In order to protect the large investor base, the Securities and Exchange Board of India (SEBI) has enforced a regulation effective from April 2001, requiring mandatory...
Persistent link: https://www.econbiz.de/10005413156
This paper gives an overview of some issues related to market aluation, focusing on the developments on the New York equity markets. The 42.4 p.c. fall in the S&P 500 price index between 24 March 2000 - when it reached its all-time high - and 31 December 2002 is situated in a very long term...
Persistent link: https://www.econbiz.de/10005125064
If you want good forecasts for your industry, you should hire the best experts. Right? Well, maybe not.
Persistent link: https://www.econbiz.de/10005062668
Previous research has shown that seasonal factors provide one of the most important ways to improve forecast accuracy … the other hand, research has also shown that seasonal factors sometimes increase forecast errors (e.g., Nelson, 1972). So …
Persistent link: https://www.econbiz.de/10005556557
two basic ways of assessing future inflation: forecast and simulation. A forecast is the most likely picture of the future …. In a forecast, all agents are assumed to behave in the most likely way. A simulation, on the other hand, is the most … differentiating between a forecast and a simulation, we discuss the pros and cons of using the two ways of assessing future inflation …
Persistent link: https://www.econbiz.de/10005561292
Persistent link: https://www.econbiz.de/10005561316
One of the most important aspects of consumer surveys is the computation of the consumer confidence index, which aims to provide accurate figures on the financial position and outlook of households as well as their intention concerning future consumption and savings. . Although the motion of the...
Persistent link: https://www.econbiz.de/10005561813