price of gold varies inversely to the stock market P/E and thus is a direct function of a global yield required to achieve a … price of gold to the extent that required yields and purchasing parity equalizations do not take place across nations in the … tracking error from real U.S. gold prices from 1979- 2002. Several major world events have had a large but fleeting impact on …

and Development: Natural Resource Polices and Economic Development in an Interdependent World. P. Dorner and M …

The paper presents univariate and panel unit root tests for gasoline and oil price convergence over the last decade. We … over time. Our results show that the absolute version of the LOOP cannot be supported. Constant price differences between …

This paper employs ordered probit, partial adjustment, and vector error correction models to characterize price … adjustments in the Philippine retail gasoline market since its deregulation. It finds that pricing decisions of oil firms depend …

economical inequality that shall be overcome to prepare the world market era. This paper suggests on making such a preparation by …

stochastic volatility (STARTZ-SV) or as Student-t with GARCH volatility (STARTZ-TGARCH). Using the dynamics of Norwegian krone … predictions. We apply developed models to test whether the dynamics of oil price can be well approximated by the Krugman’s target … zone model. Our estimates of conditional volatility and marginal distribution reject the target zone hypothesis. …