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returns of Sugar futures as opposed to changes in volatility returns of the exchange rate of the U.S. Dollar/ Yen that affect … it negatively. Finally, the structural analysis of volatility with the GARCH model has shown that current volatility is … more influenced by past volatility rather than by the previous day shocks. -- GARCH model ; sugar futures ; crude oil …
Persistent link: https://www.econbiz.de/10009958046
Recently, financial institutions have developed improved internal risk rating systems and emphasized the probability of default and loss given default. The default characteristics are studied for 756 loans from a French bank: CIC- Banque SNVB. A binomial logit regression is used to estimate...
Persistent link: https://www.econbiz.de/10009958485
This paper explores the association between the nominal/real exchange rate between the Australian dollar against the US dollar and gold prices, using daily data spanning the period 2000-2011. Through the Error Correction Model and the Generalized Autoregressive Heteroskedastic (GARCH) approach,...
Persistent link: https://www.econbiz.de/10010080138
Currently agriculture in Albania makes up about 23% of GDP (MoAFCP 2008a). The dairy industry, and along with it the milk collection system, are still in the course of modernizing structures and technologies. As milk is a very important component of the Albanians diet, this study explores...
Persistent link: https://www.econbiz.de/10010009039
Analysis (DEA) have become very popular in the analysis of productive efficiency. This paper undertakes a comparison of the SFA and the constant returns to scale (CRS) and variable returns to scale (VRS) output-oriented DEA models, based on a sample of 165 dairy farms in Greece. However, the aim...
Persistent link: https://www.econbiz.de/10009958029
In this article, premium risk concept is used to value the cost of water uncertainty for a risk adverse farmer in the Segura Basin. The obtained estimation would proportionate the increment in the willingness to pay for a more secure resource. This calculus can be taken into account by...
Persistent link: https://www.econbiz.de/10010049030
This paper contributes with an empirical analysis, using a sample of farms, on the influence of size on cost behaviour under operational and tactical flexibility. Results indicate that small farms behave advantageously with respect to biggest farms in situations of operational and tactical...
Persistent link: https://www.econbiz.de/10010049043
In den kommenden zwei Jahrzehnten wird die CO2-Abscheidung auf dem deutschen Stromsektor keine Rolle spielen. Dies zeichnet sich spätestens seit der öffentlichen Bekanntgabe von Bundesumweltminister Norbert Röttgen vom 29. Oktober 2011 und der Absage des CCTS-Demonstrationsprojekts am...
Persistent link: https://www.econbiz.de/10010079351
; fertility ; first birth ; economic uncertainty ; East and West Germany …
Persistent link: https://www.econbiz.de/10010079368
Die "Energiestrategie 2030" setzt den Weg Brandenburgs in Richtung erneuerbarer Energien konsequent fort. Die am 28. Februar vom Kabinett der Landesregierung verabschiedete Strategie sieht den schrittweisen Ausstieg aus den fossilen Technologien hin zu einer vollständigen Stromerzeugung aus...
Persistent link: https://www.econbiz.de/10010079369