Showing 1 - 10 of 910
profits. This paper examines whether or not anomalies such as intraday or time of the day effects give rise to exploitable …
Persistent link: https://www.econbiz.de/10010344868
This paper is a comprehensive investigation of calendar anomalies in the Ukrainian stock market. It employs various statistical techniques (average analysis, Student's t-test, ANOVA, the Kruskal-Wallis test, and regression analysis with dummy variables) and a trading simulation approach to test...
Persistent link: https://www.econbiz.de/10011458018
This study identifies day-of-the-week effects in business surveys using monthly data from the ifo Institute. The odds are higher that companies are more likely to exhibit more pessimistic business expectations for the upcoming months on Mondays and more optimistic expectations at the end of the...
Persistent link: https://www.econbiz.de/10014426616
of cited patent, which implies that new knowledge faces the largest barriers to diffusion. However, over time, border and …
Persistent link: https://www.econbiz.de/10003833339
effect of shocks using generalised spatio-temporal impulse responses. These highlight the diffusion of shocks both over time …
Persistent link: https://www.econbiz.de/10003925268
The ability of voters to use the available electoral instruments is crucial for the functioning of democracies. The paper shows that voters consider the institutional environment when making electoral decisions. Voters recognize that executives who face binding term limits (i.e., "lame ducks")...
Persistent link: https://www.econbiz.de/10009240023
This paper reviews the evidence on welfare time limits in the United States. It primarily refers to experimental and … econometric evaluations. Time limits affect welfare recipients both before and after their limits are reached. Time limits reduce … of time-limit leavers, however, continues to receive Food Stamps, Medicaid, etc. The impact on employment is mixed …
Persistent link: https://www.econbiz.de/10011449339
This paper examines the responses of private consumption, residential investment, and business investment in 11 EU countries, Japan, and the United States to shocks in housing and equity prices. The effects are assessed with a Structural Vector Auto Regressive (SVAR) model, and four key findings...
Persistent link: https://www.econbiz.de/10003730274
This brief exposition suggests that the Federal Reserve System temporarily guarantee a lower bound on stock prices in order to escape the current combination of liquidity trap and credit crunch. It shortly discusses reasons for this measure, consequences, and some alternatives. It is meant as a...
Persistent link: https://www.econbiz.de/10003790626
This paper applies the Phillips and Sul (2007) method to test for convergence in stock returns to an extensive dataset including monthly stock price indices for five EU countries (Germany, France, the Netherlands, Ireland and the UK) as well as the US over the period 1973-2008. We carry out the...
Persistent link: https://www.econbiz.de/10003898817