Cette etude analyse de maniere empirique l'impact sur le marche des action sous-jacentes de l'emission d'option sur action a la Swiss Options and Financial Futures Exchange (SOFFEX).

This paper seeks to determine whether it is sufficient to revise administered trade procedures to reduce endogenous protectionist tendencies of the trade policy mechanism.

This paper tests the existence of a risk premium in the one-month and three-month forward exchange markets.

This paper uses a three-factor (capital, low and high-skill labour), two-household (low and high-skill individuals), two-sector trade model to analyse the determinants of voter attitudes towards immigration under direct democracy and identify factors that would be coherent with both the observed...

This paper investigates theoretically and empirically the dynamic of the implied volatility (ISD) around earnings announcements dates. The volatility implied in option prices can be interpreted as the market expected level of volatility over the remaining life of the option. In this framework...

Using the influence-driven approach to endogenous trade-policy determination, we show how a free-trade agreement (FTA) with rules of origin can work as a device to compensate losers from trade liberalization. The FTA constructed in this paper is characterized by external tariff structures that...