Wireless sensor networks (WSNs) have been widely used for intelligent building management applications. Typically, indoor environment parameters such as illumination, temperature, humidity and air quality are monitored and adjusted by an intelligent building management system. However, owing to...

This paper explores the interest rate transmission mechanism on the basis of a large disaggregated sample of British monthly deposit and loan rates 1993-2005 for seven key products. The focus is on the adjustment speed towards the long run equilibrium rate. A sizeable proportion of UK deposits...

This paper compares rival sovereign default models that differ in how country-, region- and time-specific effects are treated. The quality of the models is gauged using inference-based criteria and the plausibility of estimates. An out-of-sample forecast evaluation framework is deployed based on...

The present study delves into the bank-insurance phenomenon in Greece. The paper explores the market-based practices surfacing through the bank-insurance interface and delineates the possible theoretical corporate structures. A review of the various financial ventures in the domestic market is...

The current chapter provides an overarching review of the equity market volatility, covering areas that have caught the attention of practitioners and academics alike . It aims to enlighten financiers and anyone interested in equity markets about the theories underlying stock market volatility,...

Using UK stock market data this study unveils positive abnormal returns on and around the ex-split date. These excess returns are partially predictable using the publicly available information prior to the ex-split date. There is also a persistent increase in the post-split volatility of these...

The paper explores the relationship between short-term interest rates and the equity returns of the UK financial services industry. Based on the arbitrage pricing theory, the present study seeks to answer the sensitivity and pricing questions. The former is tested with a linear two-index model...

The objective of the present study is to examine the interplay between information, trading volume and volatility in Short Sterling futures. More specifically, the paper concentrates on the role of liquidity variables as conduits of information arrival and whether such variables could be an...