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By modifying and generalizing the wavelet-based approach of approximately simulating univariate long-memory processes that is available in the literature, we propose a methodology for simulating a bivariate stationary process, whose components exhibit different relationships at different scales....
Persistent link: https://www.econbiz.de/10011195167
An interesting approach to economic and financial time series forecasting consists of decomposing an input time series additively into several components, each component capturing the dynamics of a different frequency range. Consequently, each component is modelled and forecasted separately, the...
Persistent link: https://www.econbiz.de/10011195169
Percival and Walden (2002) present a wavelet methodology of the least squares estimation of the long memory parameter for fractionally differenced processes. We suggest that the general idea of using wavelets for estimating long memory could be used for the estimation of long memory in time...
Persistent link: https://www.econbiz.de/10011195182
stochastic and dynamic characteristics. Simulation and management methods were developed to cope with such complexity. Simulation … and management methods are interdependent disciplines that were developed relatively separately, but we argue that … simulation can serve as a tool for implementation of specific management methods, and at the same time, simulation and …
Persistent link: https://www.econbiz.de/10008500694
audit is not understood here like a personal audit but way of the evaluation of management of the firms. The interviews with …
Persistent link: https://www.econbiz.de/10005036315
There is an intense motion towards the ethics in business and business responsibility in the last decades of the 20th century. The impact of changes in the ethics is not the only reason for development of environmentally friendly business. High material and energy consumption has negative impact...
Persistent link: https://www.econbiz.de/10005036371
of suitable marketing policy, corporate and personal management and successful business negotiation. …
Persistent link: https://www.econbiz.de/10005036412
The description of contemporary application of Corporate Governance principles in Czech companies. The prezentation of Corporate Governance decision steps. The definition of Corporate Governance individual practices in Czech companies. Presentation of future system development of Corporate...
Persistent link: https://www.econbiz.de/10005036448
, motivating and intercultural competences of managers. Then the focus moves towards management of international teams, problem …
Persistent link: https://www.econbiz.de/10005036452
of banks that exert direct control over firm´s management and its strategic decision-making. As for corporate finance … carried out in this paper focuses on three institutional fields in both market economies: control of management, corporate … finance and labour market. In the UK, we can find evidence suggesting an important role of the market for corporate control …
Persistent link: https://www.econbiz.de/10011195184