Similar Search Results

The impact of accounting reporting techniques on earnings enhancement in the UK retailing sector

Cotter, John; Hutchinson, Robert W. - 1999

A view has developed among some retailing researchers that financial markets have, from time to time, unduly favoured the retail sector in the UK. It is argued that this has been exploited, to some extent, by retailing companies using creative, but legitimate, accounting techniques to enhance...

Persistent link: https://www.econbiz.de/10009475686

Asset Price Instability and Policy Responses: The Legacy of Liberalization

Bell, Stephen; Quiggin, John - 2006

The problem of asset price bubbles, and more generally of instability in the financial system, has been a matter of concern since the 1980s but has only recently moved to the center of the macroeconomic policy debate. The main concern with bubbles arises when they burst, imposing losses on...

Persistent link: https://www.econbiz.de/10009448851

The behavioral economics of foreign exchange markets - a psychological view on human expectation formation in foreign exchange markets

Schmidt, Robert - 2004

The development of free floating exchange rates can hardly be explained by macroeconomic fundamentals as supposed by traditional economic theories. Therefore, prominent economists yet conclude that there exists an ‘exchange rate disconnect puzzle’ (see Obstfeld and Rogoff [2000]). The...

Persistent link: https://www.econbiz.de/10009433679

The jump component of S&P 500 volatility and the VIX index

Becker, Ralf; Clements, Adam; McClelland, Andrew - 2009

-based forecast could not. This paper considers two issues relating to the informational content of the S&P 500 VIX implied volatility … by whether the VIX reflects any incremental information pertaining to future jump activity relative to model …-based forecasts. It is found that the VIX index both subsumes information relating to past jump contributions to total volatility and …

Persistent link: https://www.econbiz.de/10009483523

Un índice de volatilidad para el sector bancario español

González Pérez, María Teresa

Artículo de revista ; En este artículo se resume la metodología de estimación propuesta en Gonzalez-Perez (2021) para estimar un índice de volatilidad de una cartera de activos cuando no se emiten opciones sobre ella. Esta metodología permite construir índices de volatilidad para carteras...

Persistent link: https://www.econbiz.de/10013278808

A volatility index for the Spanish banking sector

González Pérez, María Teresa

Artículo de revista ; This article is a summary of the methodology proposed by Gonzalez-Perez (2021) for estimation of a volatility index for an asset portfolio on which no options have been issued. The methodology allows volatility indices to be constructed for personalised portfolios, using...

Persistent link: https://www.econbiz.de/10013278813

Money and Production: A Pluralist Analysis

Weir, Diarmid J. G. - 2008

The purpose of this thesis is to argue that the core of a monetary economy is a network of triangular contracts between banks, firms, workers and capital goods suppliers. Not only does this network give rise to the creation and valuation of money but it is the organising feature of modern...

Persistent link: https://www.econbiz.de/10009465939

Can the Policy Trilemma Be Exposited in the Mundell-Fleming Framework?

Boyer, Russell S. - 2006

There is a general recognition that there are deficiencies in the Mundell-Fleming model. Nonetheless, Rose [2000] has stated that Mundell was the first to exposit the Policy Trilemma, which identifies an intrinsic incompatibility among: high capital mobility, fixed exchange rates, and monetary...

Persistent link: https://www.econbiz.de/10009440668

Reconsideration of the P-Bar Model of Gradual Price Adjustment

McCallum, Bennett T. - 2008

This paper compares the P-bar model of price adjustment with the currently dominant Calvo specification. Theoretically, the P-bar model is more attractive as it depends on adjustment costs for physical quantities rather than nominal prices, while incorporating a one-period information lag....

Persistent link: https://www.econbiz.de/10009441077

A reappraisal of the inflation-unemployment-productivity nexus: SKOPE Research Paper No. 38, Spring 2003

Karanassou, Marika; Sala, Hector; Snower, Dennis J. - 2003

This paper offers a reappraisal of the inflation-unemployment tradeoff, based on "frictional growth", describing the interplay between nominal frictions and money growth. When the money supply grows in the presence of price inertia (due to staggered wage contracts with time discounting), the...

Persistent link: https://www.econbiz.de/10009441372

1
2
3
4
5
6
7
8
9
10
Next
Last