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-Joseph Proudhon (1809-1865) in relation to the causes and effects of Stock market speculation. It is based upon the works of this …'s thought in relation to speculation. It is divided into two parts. The first part is dedicated to Pierre-Joseph Proudhon …'s definitions of stock market speculation or gambling with shares that for him served no purpose either from a human or economic …
Persistent link: https://www.econbiz.de/10008791994
The dataset "Enqute Mode de Vie des Franais" is the first opportunity to measure the impact of religion and religiosity … individual's religious variables. With Poisson regressions, I show that religiosity is the sole religious variable which … assist to offices. Culture is not investigated only through the impact of religion on fertility. Indeed, I explore the …
Persistent link: https://www.econbiz.de/10010738475
This article proposes to go beyond the view of consumer religiosity as a stable characteristic. Rather, focusing on … minority cultural settings, this research presents religiosity as a mobilized resource or a constraint the consumer faces in … contextualized impact of religiosity in consumer decision making. The objective of this research is to explore this phenomenon in …
Persistent link: https://www.econbiz.de/10010584073
Since the 1970s, the financial system has undergone deep structural changes. Innovation has been a key driver of these changes and most economists acknowledge that the impact has been positive overall. However, each time a financial crisis arises, the debate is on. Derivatives especially, which...
Persistent link: https://www.econbiz.de/10010605339
Since the Brundtland report in 1987, at the start of the series of United Nations Conferences on the Environment and Development, the world population has grown by more than it was in the time of Adam Smith. Oil consumption has increased by 40% and the trend is similar for other exhaustible...
Persistent link: https://www.econbiz.de/10010739123
The law of association as espoused by David Ricardo and generalized by Ludwig von Mises cannot directly convey what is at stake in exchanges involving specialization in uncertainty bearing. In this article we explain why the entrepreneurial function as conceptualized by Frank Knight and Mises...
Persistent link: https://www.econbiz.de/10010674276
correct in pointing out that speculation with CDS can conceivably hurt the borrowers' interests, they fail to grasp that this …
Persistent link: https://www.econbiz.de/10010820940
discusses the legal-economic framework of speculation and its recent transformation, making reference to the case of derivatives … model of trade (and speculation) based on disagreement, advocating further developments that take into account market …
Persistent link: https://www.econbiz.de/10008835378
complex seasonality patterns, persistence (hyperbolic decay of the autocorrelation function), mean reversion, spikes … on the estimation parameters and provide the analytical from of the likelihood which permits to obtain consitent …
Persistent link: https://www.econbiz.de/10010750566
Most financial time series exhibit seasonality, persistence (hyperbolic decay of the autocorrelation function …
Persistent link: https://www.econbiz.de/10010750929