Showing 1 - 10 of 126
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
Since the introduction of the autoregressive conditional heteroskedastic (ARCH) model in Engle (1982), numerous applications of this modeling strategy have already appeared. A common finding in many of these studies with high frequency financial or monetary data concerns the presence of an...
Persistent link: https://www.econbiz.de/10009475524
The analysis of technical efficiency (TE) on the small-scale fishery is relevant for several reasons. While this type of fishery is highly common in developing countries like Mexico, there are a very limited number of analyses assessing their efficiency. Indeed, there is no precise information...
Persistent link: https://www.econbiz.de/10009444344
vorgenommen, um die latenten Modellkonstrukte in einer empirischen Umfrage für die quantitative Kausalanalyse (LISREL) zu erheben …
Persistent link: https://www.econbiz.de/10009467507
Over the last two decades most European countries have been subject to a strong and persistent increase in their unemployment rates, leading these countries to attempt to combat obdurately high unemployment by exercising measures of Active Labor Market Policy (ALMP). These measures can be...
Persistent link: https://www.econbiz.de/10009476246
Despite of the particular importance of wealth as a measure of economic well-being and the various functions of wealth, its distribution on the individual level as well as the reasons for inequality in wealth holdings in Germany have not been fully explored. Marital splits constitute a potential...
Persistent link: https://www.econbiz.de/10009481019
Three years after the seminal work of Black and Scholes on the pricing of European options, Scholes presented a paper in which the impact of taxation on the value of an option is analyzed. We restart this discussion in a simple binomial setting emphasizing the economic principles of replicating...
Persistent link: https://www.econbiz.de/10009452631
Jahresabschlusspolitik und -analyse darzustellen. These der Dissertation ist hierbei, dass derivative Finanzinstrumente und die mit ihnen …
Persistent link: https://www.econbiz.de/10009482293
example, we can define a process such that the stock price moves to a high volatility state and simultaneously has a large …
Persistent link: https://www.econbiz.de/10009484250