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Romanian Abstract: Analiza ex-post joacă un rol din ce în ce mai important în activitatea autorităților de concurență din întreaga lume, autorități ce urmăresc perfecționarea continuă a sistemului de luare a deciziilor. Complexitatea cazurilor, disponibilitatea datelor, nivelul...
Persistent link: https://www.econbiz.de/10013015255
In the convergence programme approved by the Hungarian government in September 2006, the "overriding objective" was to promote real convergence. This paper analyses the problems surrounding real convergence, in light of the broader correlations of economic growth relying heavily on the results...
Persistent link: https://www.econbiz.de/10008459910
Information and Communication Technology (ICT) affects to a great extent the output and productivity growth. Evidence suggests that investment growth in ICT has rapidly accelerated the TFP (total factor productivity) growth within the European Union. Such progress is particularly essential for...
Persistent link: https://www.econbiz.de/10008459914
The forecast of evolution of economic phenomena represent on the most the final objective of econometrics. It withal represent a real attempt of validity elaborate model. Unlike the forecasts based on the study of temporal series which have an recognizable inertial character the forecasts...
Persistent link: https://www.econbiz.de/10008459918
In general, there exist many ways to detect the fair value of financial derivatives. However, each of them is suitable for different purposes. For example, when the payoff function is not very simple or the underlying process is too complex, the approach of Monte Carlo simulation can be useful....
Persistent link: https://www.econbiz.de/10008754960
Over the past few years, the Value at Risk indicator (VaR) has evolved, without doubt, into the most frequently used … the total risk. This paper focuses on the importance of market liquidity and describes ways to integrate it into the VaR …
Persistent link: https://www.econbiz.de/10005079050
field of foreign exchange risk management. The case study shows, how the separate hedging instruments have impact on P & L … statement. This paper discusses different relationship between the shareholders and management, in the matter of risk management …, profit volatility restriction and finally performance measurement of management staff. This essay is focused on question …
Persistent link: https://www.econbiz.de/10009398919
in order to optimize the portfolio structure and to diversify the risk. Trading the financial derivatives is assumed to … be one of the most efficient methods to increase the returns and minimize the risk while managing the portfolio … futures strategies on the risk and portfolio returns. …
Persistent link: https://www.econbiz.de/10008459927
Long-term memory processes have been extensively examined in recent literature as they provide simple way to test for predictabilty in the underlying process. However, most of the literature interprets the results of estimated Hurst exponent simply by its comparison to its asymptotic limit of...
Persistent link: https://www.econbiz.de/10008564633
Autoøi se ve svém èlánku pokoušejí odpovìdìt na otázku, zda proces eliminace neperspektivních firem napomohl oživení èeské ekonomiky na konci 90. let. Pro rok 1999 prokázali vysokou míru podobnosti provozních výsledkù (produktivita práce, pøidaná hodnota na zamìstnance,...
Persistent link: https://www.econbiz.de/10008549725