Showing 1 - 10 of 56
Hedging strategies represent basic instrument used toward eliminating financial risk. Increasing volatility of … select hedging strategies. Five basic hedging strategies ? delta hedging, minimum variance, minimum value at risk, maximum … and commodity-risk hedging are described. Several applications are suitable for small open economies that lack liquid …
Persistent link: https://www.econbiz.de/10008495620
The paper examines the potential of stochastic simulation methods and Earnings at Risk method in risk analysis of … spatially correlated and the rate of yield risk depends on the climate and weather features, soil properties, technology of … data. Price risk has higher spatial correlation. The case study illustrates that the Monte Carlo simulation and Earnings at …
Persistent link: https://www.econbiz.de/10009401130
The article deals with a typical phenomenon of financial time series - volatility. These time series usually embody … intermittent periods of relative "calm" and quite high variability. A volatility modelling of time series is made with the help of … special econometric volatility models which characterize the so-called conditional heteroskedasticity. The goal of this paper …
Persistent link: https://www.econbiz.de/10009021821
The article summarizes the main points discussed at the seminar on The Nobel Prize Laureates, 2003, held by the Czech Economic Association in March 2004. The seminar featured two main speakers: Josef Arlt (University of Economics, Prague, and Charles University, Prague), who lectured on the work...
Persistent link: https://www.econbiz.de/10008495635
monetary announcements. Volatility of the returns is accounted for at the beginning and end of the trading session and it … Poland. We use five-minute intraday data on stock market index returns and 15 types of EU and U.S. macroeconomic …
Persistent link: https://www.econbiz.de/10008564638
This paper presents an analysis of the available options for an effective EU rural development policy. A classification of the methods used to determine an optimal rural development policy can be viewed as the specific aim of the paper. This aim is achieved by discussing...
Persistent link: https://www.econbiz.de/10008500669
The average level of debts of agricultural enterprises in the CR is several times higher than in countries with established market economy. The main source is so-called transformation debts connected with the transformation of ownership and enterprise structure in the Czech agriculture after...
Persistent link: https://www.econbiz.de/10005036690
The paper is dealing with the credit support to the Czech agriculture provided by Supporting and Guarantee Agricultural and Forestry Fund (SGAFF) during the ten years period since the inception of its activities in 1994 do the year 2003 which preceeded to the Czech entry into European Union (EU)...
Persistent link: https://www.econbiz.de/10005536983
The article is dealing with the evolution of Czech and Slovak institutions of government support of agricultural credit during the period of economic transition. Both the development of credit and the forms of government support used in the Czech Republic are compared with their corresponding...
Persistent link: https://www.econbiz.de/10005698718
The paper focuses on how risk management may influence the value of a company. Situation is discussed with models of … and of the decision- making rule for investments, particular states where risk management may add value are analyzed. An …
Persistent link: https://www.econbiz.de/10005036438