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The aim of this paper is to obtain some statistical properties about runs of daily returns of ISE30, ISE50 and ISE100 indices and compare these results with the empirical stylized facts of developed stock markets. In this manner, all time historical daily closing values of these indices are...
Persistent link: https://www.econbiz.de/10011260280
The paper examines stock market behaviour on days preceding and succeeding the announcement of a change in the monetary policy stance. Market's plausible reactions are tested using nonparametric statistics. The tests reveals that there is no systematic pattern in its reaction, neither towards...
Persistent link: https://www.econbiz.de/10008548824
wave of full retirement. Results suggest that what really matters is not the type of transition (gradual retirement or cold … turkey), but whether people perceive the transition as chosen or forced. …
Persistent link: https://www.econbiz.de/10011267891
and some others . This paper argues that despite the fact that there were similarities at the starting point of transition …
Persistent link: https://www.econbiz.de/10011272685
period and right now the transition process. As three rather distinct socio-economic systems and their impacts on the … devise a coherent, feasible S&T policy and implement it in an efficient – or at least a satisfactory – way in a transition …
Persistent link: https://www.econbiz.de/10011251888
In Bulgaria, during the transition to market-oriented economy, many analyzes are based on the widely held view that one … of the positive legacies of the economies in transition (particularly that of Bulgaria) is the high level of human … human capital and economic growth in Bulgaria for the years of socialism and the transition. The purpose of the thesis is to …
Persistent link: https://www.econbiz.de/10011259237
Uzbekistan is not usually considered an economic success story, but in fact it is: its GDP increased since 1989 more than in any other post-communist country, except for China, Vietnam and Turkmenistan. The success of Uzbekistan is very much similar to the Chinese – gradual economic reforms...
Persistent link: https://www.econbiz.de/10011259609
the transition period are discussed in respect to Douglas North’s institutional theory of economic development. An answer …
Persistent link: https://www.econbiz.de/10011260448
This article relies on statistical and empirical data to develop a classification of state-influenced banks. An estimate of such banks’ combined market share by July 1, 2009 is suggested. We identify 53 state-controlled banks in Russia, including state-owned banks and state-governed banks....
Persistent link: https://www.econbiz.de/10011261046
. While Asia appears to be engaged in a relatively smooth transition from the low productivity traditional activities to a …
Persistent link: https://www.econbiz.de/10005260105