The first public share issue in the PRC took place in 1994. By the early 21st century, in the space of less than two decades, the Chinese stock market has become the largest one in Asia, with the exception of Japan. Along with this rapid enlargement of the market, the Chinese stock trading...

The aim of this master thesis was the provision of a theoretical foundation for a GermanCentre. The crucial question was how to approach a subject of such recent nature. Thetheory of the multinational enterprise with special emphasis on the role of the govern-mentopened up a possible solution....

Wegen wachsender Globalisierung engagierten sich zunächst vor allem international operierende Konzerne mit Direktinvestitionen in ausländischen Standorten. Unter Direktinvestitionen versteht man im Allgemeinen Kapitalanlagen im Ausland, die aus der Gründung eines Unternehmens, der Beteiligung...

Diese Arbeit analysiert den Zusammenhang zwischen dem Spezialisierungsgrad einer Ökonomie und dem Level des Pro-Kopf-Einkommens, und prüft insbesondere die Hypothese eines U-förmigen Zusammenhanges zwischen diesen Größen. In der betreffenden Literatur werden theoretische Argumente und...

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This dissertation consists of three stand-alone research papers, all of which treat the topic of estimation and dynamic modelling of multivariate volatility by employing the information contained in high-frequency data, which became available in the last 10 - 15 years. The main focus of all...

Standard statistical methods in the empirical economics and finance literature are mostly applicable to data that is aggregated on equally spaced time points. However, a key characteristic of many economic and financial variables is that they occur randomly and are observed irregularly in time....