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Bundesrepublik Deutschland auseinander. Dazu wird der Sektor nach der Systematik der BACH-Datenbank der europäischen Kommission in 10 … subsectors, at least not given the used identification strategy. This could be due to the fact that this theory regards the …
Persistent link: https://www.econbiz.de/10009433722
standard and international trade. The estimation results allow us to formulate some interesting policy conclusions. …
Persistent link: https://www.econbiz.de/10009467122
Estimation of liquidity costs in agricultural futures markets is challenging because bid-askspreads are usually not …
Persistent link: https://www.econbiz.de/10009443338
This study compares liquidity costs of electronic and open-outcry wheat futures contractstraded side-by-side on the Kansas City Board of Trade. Liquidity costs are considerablylower in the electronic market. Liquidity costs in the electronic market are still considerablylower after eliminating...
Persistent link: https://www.econbiz.de/10009444296
The major finding is that liquidity costs in futures options market are two to three times higher thanliquidity costs in the futures market. Liquidity cost is one potential factor to consider when choosingbetween hedging with a futures contract or with an option contract. While there is...
Persistent link: https://www.econbiz.de/10009446393
This study compares liquidity costs and other characteristics of electronic and open outcry hard red winter wheat futures contracts traded on the Kansas City Board of Trade. Liquidity costs are considerably lower in the electronic market than in the open outcry market. A new approach is used to...
Persistent link: https://www.econbiz.de/10009446522
This thesis aims to investigate the influence of earnings news on stock liquidity and the relationship between information asymmetry cost component and Post Earnings Announcement Drift in different equity markets. The scope of this research includes 1821 firms from three leading countries in...
Persistent link: https://www.econbiz.de/10009465568
The first chapter of this dissertation estimates the relative contributions of two major exchanges on crude oil futures to the price discovery process-- Chicago Mercantile Exchange (CME) and Intercontinental Exchange (ICE), using trade-by-trade data in 2008. The study also empirically analyzes...
Persistent link: https://www.econbiz.de/10009451067
U.S.and Germany. The benchmark for assessing the empirical analyses theoretically is the general equilibrium framework … ofinternational trade theory. Focusing on general equilibrium frameworks stems from the insight that economicinternationalisation in … market issues established by human capital theory with the general equilibrium-leddebate on trade and the functional …
Persistent link: https://www.econbiz.de/10009471731
, including Germany, in the last decade of the twentieth century, has also led to an increase in the immigrant entrepreneurship …. More precisely, the self-employment structure of immigrants to Germany changed tremendously since the 1970s. For instance …, this dissertation investigates the determinants of successful immigrant entrepreneurship for whole Germany as well as for …
Persistent link: https://www.econbiz.de/10009475322