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In this paper we consider a nonlinear model based on neural networks as well as linear models to forecast the daily volatility of the S&P 500 and FTSE 100 indexes. As a proxy for daily volatility, we consider a consistent and unbiased estimator of the integrated volatility that is computed from...
Persistent link: https://www.econbiz.de/10011807392
-dynamics that gave rise to different patterns of innovation in the two countries. In particular, we suggest that different demand …
Persistent link: https://www.econbiz.de/10010266665
demand for movies per inhabitant. Furthermore, we test for the long run relationship and evaluate the elasticities of demand …
Persistent link: https://www.econbiz.de/10010302262
demand for first-generation wireless services using (i) consumerlevel panel data from a real world pricing experiment and (ii … conditional usage probability small. Demand for first-generation wireless services was highly elastic and the welfare gains to an … (early) adopter moderate. Pricing and taxation of wireless services had a large suppressing effect on demand …
Persistent link: https://www.econbiz.de/10010285085
derivation builds a permanent income type consumption demand that corresponds to a consumption theory that depends on current …
Persistent link: https://www.econbiz.de/10010494535
We develop a new econometric framework that simultaneously allows recovering heterogeneity in demand, TFP and markups … quantify TFP, demand and markups and show how they are correlated among them, across time and with measures obtained from other …
Persistent link: https://www.econbiz.de/10011506813
Persistent link: https://www.econbiz.de/10014518108
The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated … the growing literature on models used to study demand, consumer baseline (CBL) and demand response in the electricity … market. After characterizing the general demand models, it reviews consumer baseline based on which further study the demand …
Persistent link: https://www.econbiz.de/10010284018
In many countries the demand for health care services is of increasing importance. Especially in the industrialized … those demand functions will therefore become invaluable tools. This article proposes a prediction method for the …
Persistent link: https://www.econbiz.de/10010286367
Persistent link: https://www.econbiz.de/10012320782