Purpose – The purpose of this paper is to investigate the reaction of the London Stock Exchange to the announcement of the city hosting 2012 Summer Olympic Games. The expectations of the Olympic Games are the anticipation of massive economic boosts to the host cities. These expectations are...

We explore the potential dependence among different Asian stock markets, using several different statistical models. Extreme return-volume dependence in Hong Kong Seng Index, Bombay Stock Exchange, Indonesia Composite Index and Bursa Malaysia has been examined by using FIGARCH-Copula and...

We study the energy-efficient power allocation techniques for OFDM-based cognitive radio (CR) networks, where a CR transmitter is communicating with CR receivers on a channel borrowed from licensed primary users (PUs). Due to non-orthogonality of the transmitted signals in the adjacent bands,...

Some in-service deterioration in any mechanical device, such as an aircraft's gas-turbine engine, is inevitable. However, its extent and rate depend upon the qualities of design and manufacture, as well as on the maintenance/repair practices followed by the users. As a result of experiencing...

This is the first book lenght treatment of the financial management process in Pakistan. The authors explain financial management theories and practices in the context of the Pakistani legal and institutional environment focusing on decisions taken by firms and banks in Pakistan. The book is...

Economists and financial analysts have always wondered whether or not investment in common stocks can provide hedge against inflation. In this paper we empirically tested this relationship between stock returns and inflation rate to assess the extent, if any, to which investment in common stocks...

Most of the developing countries are facing the problem of high population growth, which is causing numerous social and economic problems. The Total Fertility Rate (TFR) in most of developing countries stands higher than the developed countries (UNPD, 2000). The TFR in Pakistan was 7.0 in...