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University of Minnesota Ph.D. dissertation. August 2009. Major: Economics. Advisor: Narayana Kocherlakota. 1 computer file (PDF); iv, 65 pages, appendices A-B.
Persistent link: https://www.econbiz.de/10009462812
This paper is a deductive theoretical enquiry into the flow of effects from the geometry of price bubbles/busts, to … price indices, to pricing behaviours of sellers and buyers, and back to price bubbles/busts. The intent of the analysis is …
Persistent link: https://www.econbiz.de/10009437953
During the last five years, a sharp increase in foreign capital flows into Emerging Markets has been observed. This has caused a significant boost of prices in asset markets including equity markets as well. Historic examples show that the economic developments and capital flows follow a...
Persistent link: https://www.econbiz.de/10009478590
Basic Research and Applied Research increasingly enter the spotlight of R&D Management theory. Although this branch of … projects as the taking of real as opposed to financial options. This is based on real options theory which is an extension of … well-established applications of option pricing theory in financial markets. So far, the literature on real options is …
Persistent link: https://www.econbiz.de/10009467496
-WOODS - 3. THEORIE DER ZIELZONEN - 4. WECHSELKURSSPEKULATION IM KRUGMAN-MODELL - 5. WECHSELKURSSPEKULATION IN ZIELZONEN ALS … analysed:1. INTRODUCTION - 2. THE DISCUSSION ABOUT TARGET ZONES IN THE POST BRETTON WOODS ERA - 3. TARGET ZONE THEORY - 4 …. EXCHANGE RATE SPECULATION IN THE KRUGMAN MODEL - 5. EXCHANGE RATE SPECULATION IN TARGET ZONES AS A STATIC GAME - 6. EXCHANGE …
Persistent link: https://www.econbiz.de/10009471730
second, it cannot be explained by the subjective expected utility theory. The goal of this thesis is to explore further the … subjective expected utility theory in the dynamic experiment. Several subjects who are classified as ambiguity-neutral in the … Choquet expected utility theory to interpersonal decision problems. We show that, unlike in the subjective expected utility …
Persistent link: https://www.econbiz.de/10009476201
questioned the value of unit root and cointegration tests, arguing that restrictions based on theory are at least as effective as …
Persistent link: https://www.econbiz.de/10009467768
statistically significant impacts on milk price volatility. While speculation positively affects milk futures markets, the effect …
Persistent link: https://www.econbiz.de/10009444323
Three attributes of futures contract behavior important for market performance—liquidity, volatility, and convergence—are investigated before and after the 2005 increase in speculative position limits for corn, soybean, and wheat contracts at the Chicago Board of Trade. The analysis of...
Persistent link: https://www.econbiz.de/10009444925
In recent years a number of market participants called into question the efficiency of the price discoverymechanism in commodity futures markets. They believe that speculators move commodity futures marketsaway from their fundamentals by distorting prices and exacerbating volatility. The smoking...
Persistent link: https://www.econbiz.de/10009445112