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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
volatility on foreign exchange markets. Starting point is the market participant's microeconomic investment decision, which is … trading volume and volatility on foreign exchange markets. We apply various two-country-models with representative market …
Persistent link: https://www.econbiz.de/10009471738
into volatility persistence in stock returns. In part two, I show that the introduction of continuous trading on the WSE is … volatility on days after limit hits and positive autocorrelation in stock returns. I do not find significant advantages of this …
Persistent link: https://www.econbiz.de/10009460735
mid-1980s, in contrast to the simultaneous volatility decline of most aggregates, including overall hours and employment … the skill premium, it is interesting to check its short-run implications for employment volatility. The numerical results … DSGE models' implications for overall labor market' volatility. …
Persistent link: https://www.econbiz.de/10009450956
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
statistically significant impacts on milk price volatility. While speculation positively affects milk futures markets, the effect … settlement feature of Class IIII milk futures contracts generate a unique volatility pattern of these futures markets in the … sense that the volatility gradually decreases as the USDA price announcement dates approaching in the month. Focusing on the …
Persistent link: https://www.econbiz.de/10009444323
Three attributes of futures contract behavior important for market performance—liquidity, volatility, and convergence … participants received hedge exemptions. The analysis of price volatility revealed no large change in measures of volatility after …
Persistent link: https://www.econbiz.de/10009444925
distorting prices and exacerbating volatility. The smoking gun of theseallegations is the empirical observation that speculative … volatility) at the least for the NYBOT. This evidencesupports the hypothesis that successful speculators are reacting quicker …
Persistent link: https://www.econbiz.de/10009445112