the determinants of telecommunications investments and presents two possible solutions to the investment problem. The …

This study investigates the influence of past volatility on individual investors' forecasting behavior. We conducted … two experiments in which we used real stock prices to construct low- and high-volatility time series, and asked …%, 70% and 90% confidence intervals. Past volatility has a weak effect on future forecasts that are sensitive to minor …

, the aggregate investment fluctuation and its relation to an individual firm's behavior have been extensively studied for … the past three decades. Most studies on the interdependence behavior of firms' investment focus on the key issue of … comprehensive review of the investment fluctuation and firms' interdependence behavior, followed by an econometric model of lumpy …

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 …

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 …

Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply …

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. …