Showing 1 - 10 of 10
The literature on Markov switching models is increasing and producing interesting results both at theoretical and applied levels. Most often the number of regimes, i.e., of data generating processes, is considered known; this strong hypothesis is adopted to somewhat bypass the nuisance parameter...
Persistent link: https://www.econbiz.de/10005075732
In this paper we examine under what circumstances the information accumulated during market closing time and conveyed to the price formation at market opening may be exploited to predict where the stock price will be at the end of the trading day. In our sample of three financial time series, we...
Persistent link: https://www.econbiz.de/10005687788
Italian Abstract: Il modo corretto per misurare il rischio di un titolo è attraverso la covarianza con il mercato. Il contributo di una singola azione al rischio di un portafoglio diversificato dipende dalla sua sensibilità alle variazioni del mercato, misurata dal beta del titolo. Il capital...
Persistent link: https://www.econbiz.de/10012958208
Italian Abstract: Nel capitolo verranno presentate alcune delle metodologie di analisi statistica impiegate per sintetizzare ed elaborare le informazioni raccolte. L'obiettivo è introdurre il lettore alla scoperta di argomenti e tecniche fondamentali per lo studio quantitativo dei fenomeni,...
Persistent link: https://www.econbiz.de/10013051908
Nowadays, in Italy the science sector is doing a strategic restructuring due to budget cuts. Thus, the measure and evaluation of research performance of its units (public research institute) is needed. This research uses the discriminant analysis (direct and Wilks methods) for measuring the...
Persistent link: https://www.econbiz.de/10009386278
Nowadays the Government of industrialized countries, in presence of reduced public resources, has to assign clear objectives to public research laboratories to increase the competitiveness of firms. The purpose of this paper is to analyze the public research bodies of the National Research...
Persistent link: https://www.econbiz.de/10009386286
Within the current debate about the role of public research in the modern societies and the relations between public and private research, there is an increasing interest towards a possible rivalry between fundamental and applied research. Some preoccupations arise from the fact that the strong...
Persistent link: https://www.econbiz.de/10009386292
In current debate, economic development is connected with relative social capital endowment, the diffusion of co-operative practices between firms and the role and efficiency of institutions. In this paper a factor analysis approach is used to provide synthetic indicators of these variables for...
Persistent link: https://www.econbiz.de/10005772846
In recent years an increasing amount of efforts has been devoted, both in the U.S. and within the E.U., to perform impact evaluation of geographically-targeted economic development (GTED) programs. The surging interest for the evaluation of GTED programs is challenged by the difficulty to assess...
Persistent link: https://www.econbiz.de/10005135321
During the 90’s different academic works have pointed to an increase of social inequalities in France. The first part of the following paper examines the question through a synthesis of the different statistical data and analysis published on the matter since the beginning of the 80’s. It...
Persistent link: https://www.econbiz.de/10005063117