In the first chapter, I estimate dynamic factors from the term structure of credit spreads and the term structure of equity option implied volatilities, and I provide a comprehensive characterization of the dynamic relationships among those credit spread factors and equity volatility factors. I...

In the first chapter, I estimate dynamic factors from the term structure of credit spreads and the term structure of equity option implied volatilities, and I provide a comprehensive characterization of the dynamic relationships among those credit spread factors and equity volatility factors. I...

Using an outlier identification methodology this study assesses the impact of extreme news and economic announcements have on the daily log-returns of 16 commodity spot price series and 25 commodity index series and their conditional volatility. Between January 1, 1997 and December 31, 2007, the...

The aim of this paper is to forecast (out-of-sample) the distribution of financial returns based on realized volatility measures constructed from high-frequency returns. We adopt a semi-parametric model for the distribution by assuming that the return quantiles depend on the realized measures...

Commercial fisheries rely heavily on fossil fuel combustion and contribute heavily to the emission of atmospheric pollutants and greenhouse gases. Propulsion output of fishing vessels has continually increased from 30 kW in 1959 to nearly 320 kW in 2000, indicating that the Taiwanese...

This paper highlights the need for the development of a renewable infrastructure for marine transportation. The result of a survey performed in this study serves as information for public policy makers on the degree to which policy can or should attempt to provide guidelines and incentives in...