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Stock volatility in the periods of booms and stagnations
Kaizoji, Taisei - Economics and Econometrics Research Institute (EERI) - 2010
time series of each of these indices in the two periods: booms and stagnations, and investigate the statistical properties …The aim of this paper is to compare statistical properties of stock price indices in periods of booms with those in … periods of stagnations. We use the daily data of the four stock price indices in the major stock markets in the world: (i) the …
Persistent link: https://www.econbiz.de/10008532021
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On Depth and Retrospect: “I Forget, and Forgive – but I Discount”
Martins, Ana Paula - Economics and Econometrics Research Institute (EERI) - 2007
The discounting of future felicity flows transposes to the intertemporal optimization context the assumption of interest-bearing wealth or savings. The validity of the hypothesis has been challenged by several empirical (ir)regularities and by the theoretical implications for human decision...
Persistent link: https://www.econbiz.de/10009492742
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On Simple Conditions for Mixed Equilibria in Dualistic Models. Part I: Degree of Mobility
Martins, Ana Paula - Economics and Econometrics Research Institute (EERI) - 2006
On Simple Conditions for Mixed Equilibria in Dualistic Models. Part I: Degree of Mobility
Persistent link: https://www.econbiz.de/10009492743
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On Simple Conditions for Mixed Equilibria in Dualistic Models. Part II: Degree of Coverage
Martins, Ana Paula - Economics and Econometrics Research Institute (EERI) - 2006
On Simple Conditions for Mixed Equilibria in Dualistic Models. Part II: Degree of Coverage
Persistent link: https://www.econbiz.de/10009492744
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Macroeconomic Development and Stock Market Performance: A Non-Parametric Approach
Adu, George; Marbuah, George; Mensah, Justice Tei; … - Economics and Econometrics Research Institute (EERI) - 2013
This paper applies a local-linear non-parametric kernel regression technique to examine the effect of macroeconomic factors on stock market performance in Ghana. We show that the popular parametric specification in the existing literature suffers from functional misspecification. The evidence...
Persistent link: https://www.econbiz.de/10010626159