The study concentrates on an analysis of the Czech stock market performed by an application of DCC MV GARCH model of Engle (2002). Data sample including years from 1994 to 2009 is represented by daily returns of Prague Stock Exchange index and other 11 major stock indices. There is found an...

Since the end of the 2000s, the question of the decline of French medium-sized towns has become central within the scientific and public debate. More specifically, two processes are underlined: the devitalisation of city centres on the one hand, and urban shrinkage on the other hand. The...

Discovering the preferences and the behaviour of consumers is a key challenge in marketing. Information about such topics can be gathered through surveys in which the respondents must assign a score to a number of items. In this article we suggest a strategy to analyze such data and achieve this...

Die statistische Analyse mittels Fernrechnen (Remote Access bzw. Remote Execution) bietet die Möglichkeit, die Mikrodaten in originaler Form zu verwenden. Allerdings ist dabei zu beachten, daß bestimmte statistische Prozeduren, etwa die Verwendung bestimmter Schein-Variablen (dummy variables,...

In this paper, the profitability indicators are analysed for the first hundred companies of the Croatian market, which are classified according to the net profit. The profitability indicators included in the analysis are the following: EBIT margin, EBITDA margin, net profit margin, return on...

Does globalization restrict the leeway for national budgetary policy? With the help of cluster and discriminant analysis this study provides evidence on the basis of the experience of OECD countries since the 1970s. Four budgetary dimensions are included in the analysis: tax structure,...

The paper adresses the need for more flexibility in the integration process of the European Union after its recent eastward enlargement. Due to the increasing number of decision-makers and the increasing heterogeneity of economic structures, financial constraints, societal preferences, and...

Survey data are potentially affected by cheating interviewers. Even a small number of fabricated interviews might seriously impair the results of further empirical analysis. Besides reinterviews some statistical approaches have been proposed for identifying fabrication of interviews. As a novel...