from industrial output and foreign trade figures. The background for this development is a fading of nominal appreciation …. Foreign trade was characterized by diminished growth rates compared to 2000, and at the same time also by higher export … will require massive investment into new equipment. Austria's trade with CEECs shows a EUR 3 billion surplus, over 50 per …

Implied probability density functions (PDFs) estimated from cross-sections of observed options prices are gaining … prices by no more than a half tick provide a lower bound on the confidence intervals of the summary statistics derived from …

the discount rate function directly to bond prices. ; The tests demonstrate the dangers of in-sample goodness-of-fit as … detect misspecification of the underlying pricing equation relating the term structure to bond prices. These tests establish … the presence of unspecified, but nonetheless systematic, omitted factors in the prices of long maturity notes and bonds …