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SAVINGS MOBILIZATION ROLE OF NIGERIAN COMMERCIAL BANKS:AN ANALYTICAL POLICY STUDY
NWAOBI, GODWIN CHUKWUDUM - EconWPA - 2003
CAPITAL ACCUMULATION HAS BEEN EMPHASISED AS THE MAJOR FACTOR GOVERING THE RATE OF DEVELOPMENT. THIS STUDY THEREFORE AIMS EXPLORING IN THE LIGHT OF PAST TRENDS, THE ROLE AND SCOPE OF COMMERCIAL BANKS AS FINANCIAL INTERMEDIARIES IN MOBILIZING DOMESTIC SAVINGS FOR DEVELOPMENT AND THE CONSTRAINTS IN...
Persistent link: https://www.econbiz.de/10005076971
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Using the Scaling Analysis to Characterize Financial Markets
Matteo, T. Di; Aste, T.; Dacorogna, Michel M. - EconWPA - 2004
The scaling properties encompass in a simple analysis many of the volatility characteristics of financial markets. That …
Persistent link: https://www.econbiz.de/10005134766
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Agent Behaviour, Financial Market and Welfare Theory
Paranque, Bernard; Baets, Walter; Pruden, Henry - EconWPA - 2005
An important literature has pointed out the coordination problems faced by the agents, in particular the financial one when they have to manage risk and their portfolio. If we follow Kaldor and its definition of speculation, then we could point out that in this case agents are short term...
Persistent link: https://www.econbiz.de/10005413089
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Inter-pattern speculation: beyond minority, majority and $-games
Challet, Damien - EconWPA - 2005
A new model of financial market is proposed, based on the sequential and inter-temporal nature of trader-trader interaction. In this pattern- based speculation model, the traders open and close their positions explicitely. Information ecology can be precisely characterised, and is strikingly...
Persistent link: https://www.econbiz.de/10005561629
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Introducing a scale of market shocks
Zumbach, Gilles O.; Dacorogna, Michel M.; Olsen, Jorgen L. - EconWPA - 2004
importance of the market movements. These indices are based on the price volatility and are computed by integrating mapped asset …
Persistent link: https://www.econbiz.de/10005076995
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Should Stock Market Indexes Time Varying Correlations Be Taken Into Account? A Conditional Variance Multivariate Approach
SULEIMANN, Ryan - EconWPA - 2003
financial instruments in the portfolio and on the volatility of those returns.This task is relatively simple if the correlations … and volatilities do not change over time.But in reality both volatility and stock market indexes’ correlations do change …
Persistent link: https://www.econbiz.de/10005124892
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A Self-Consistent Model for the Forward Price Dynamics
Makhankov, Vlad - EconWPA - 2003
applications in power industries. This model with stochastic volatility of the forward price is built using the ideas and equations … of stochastic differential geometry in order to close the system of equations for the forward price and its volatility …. Stationary distributions for the forward price volatility are found analytically as well as the forward price curves in the one …
Persistent link: https://www.econbiz.de/10005124894
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Financial contagion, interest rates and the role of the exchange rate as shock absorber in Central and Eastern Europe
Habib, Maurizio Michael - EconWPA - 2002
affected by ‘vo- latility contagion’ coming from emerging markets. I find also some partial support for the ‘volatility …
Persistent link: https://www.econbiz.de/10005125528
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Volatility, Heterogeneous Agents and Chaos
Gomes, Orlando - EconWPA - 2004
exemplifies how heterogeneity concerning the volatility of two stochastic processes may lead to chaotic motion; the second is a …
Persistent link: https://www.econbiz.de/10005125624
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What determines macroeconomic volatility? A cross-section and panel data study
Spiliopoulos, Leonidas - EconWPA - 2005
This paper examines the determinants of the volatility in growth rates, seeking to expand on a very limited literature … which has focused almost exclusively on financial determinants of volatility. An analysis of 41 variables and their effects … on growth volatility yields some surprising results: the relationship between financial sophistication and volatility is …
Persistent link: https://www.econbiz.de/10005126343