Инвестиционное проектирование рассматривает инвестиционный проект как объект финансовой операции, связанной с распределенными во времени финансовыми...

It is shown that Gaussian mixture distributions cannot be distinguished from Laplace distributions and that the scaling relationship between the standard deviation of growth rates and the size of the firms is likely to be an artefact. A novel homogeneous dataset confirms both results.

This paper provides a selective overview of nonlinear exchange rate models recently proposed in the literature and assesses their contribution to understanding exchange rate behavior. Two key questions are examined. The first question is whether nonlinear autoregressive models of real exchange...