Showing 1 - 10 of 11
This paper presents cointegration analyses of the import and export functions of the Czech Republic in 1993-1998 by identifying the main variable factors and estimating the long-run equilibrium relationship of Czech foreign trade functions. A long-run equilibrium relationship was found in the...
Persistent link: https://www.econbiz.de/10008549708
developed in which a smooth, cubic spline signal function is used to approximate the price curve data. Estimation may then be …
Persistent link: https://www.econbiz.de/10005687558
In this paper historical performance of eleven approaches for estimation of one-day 95% value-at-risk is evaluated …-covariance method for VaR estimation were investigated. Performance of all approaches was evaluated using seven performance criteria …
Persistent link: https://www.econbiz.de/10005036597
Persistent link: https://www.econbiz.de/10008749372
Persistent link: https://www.econbiz.de/10001209819
This paper examines features of the Czech stock market’s development from 1997 to 2003 and attempts to unveil the macroeconomic consequences of stock-price development. The analysis of the stock market’s behavior supports a cautionary stance on the hypothesis of the efficient-market theory,...
Persistent link: https://www.econbiz.de/10005808639
Persistent link: https://www.econbiz.de/10009303914
Persistent link: https://www.econbiz.de/10002909575
Persistent link: https://www.econbiz.de/10001624532