Similar Search Results

Volksvertreter sind risikofreudiger als das Volk

Heß, Moritz; Scheve, Christian von; Schupp, Jürgen; … - In: DIW-Wochenbericht : Wirtschaft, Politik, Wissenschaft 80 (2013) 10, pp. 17-21

überdurchschnittlich risikofreudig; sie sind sogar deutlich risikofreudiger als Selbständige. Man kann dies kritisch sehen: Politiker sind … bereit, höhere Risiken einzugehen, als es die Bevölkerung im Durchschnitt tun würde. Insofern sind Politiker keine …The article analyzes the question of whether career politicians differ systematically from the general population in …

Persistent link: https://www.econbiz.de/10010097937

Who contributes? : a strategic approach to a European immigration policy

Russo, Giuseppe; Senatore, Luigi - In: IZA journal of migration : IZAJOM 2 (2013), pp. 1-16

Who pays for immigration control? According to the Lisbon Treaty the cost of enforcing the European border against illegal immigration shall be shared among the EU members. Nonetheless, the Treaty is vague with respect to the “appropriate measures” to adopt in order to distribute the...

Persistent link: https://www.econbiz.de/10010186095

The stock selection problem : is the stock selection approach more important than the optimization method? : evidence from the Danish stock market

Grobys, Klaus - In: Journal of applied finance & banking 1 (2011) 1, pp. 143-162

Passive investment strategies basically aim to replicate an underlying benchmark. Thereby, the management usually selects a subset of stocks being employed in the optimization procedure. Apart from the optimization procedure, the stock selection approach determines the stock portfolios's...

Persistent link: https://www.econbiz.de/10009958479

Market timing and statistical arbitrage : which market timing opportunities arise from equity price busts coinciding with recessions? : the Swedish stock market in the financial cr...

Grobys, Klaus - In: Journal of applied finance & banking 1 (2011) 1, pp. 53-81

Even though a random walk process is from a statistical point of view not predictable, some movements can be correlated with specific events concerning other variables. Then, predictable patterns may arise being dependent on this joint event. There is evidence given that equity price busts being...

Persistent link: https://www.econbiz.de/10009958483

Self-employment in Chile, long run trends and education and age structure changes

Puentes, Esteban; Contreras, Dante; Sanhueza, Claudia - In: Estudios de economía 34 (2007) 2, pp. 203-247

This paper studies long-term trends of self-employment in Chile. Self-employment is associated with poor job conditions, vulnerability, and instability or informal labor market. Contrary to what is expected, self- employment level does not respond to macroeconomic variables. Using forty-one...

Persistent link: https://www.econbiz.de/10009959080

Using the value at risk method in estimation of investment risk in the metallurgical sector companies

Miłoś, Ewa - In: E-Finanse : finansowy kwartalnik internetowy 7 (2011) 1, pp. 37-48

The aim of this paper is to analyze the merits of using the Value At Risk method in estimating the risk associated with investments in metallurgical sector companies. The paper presents how to construct the model, various methods of its estimation and their advantages and disadvantages. In the...

Persistent link: https://www.econbiz.de/10009959707

A non-parametric approach of heteroskedasticity robust estimation of Vector-Autoregressive (VAR) models

Grobys, Klaus - In: Journal of finance and investment analysis 1 (2012) 1, pp. 55-67

This contribution studies the application of heteroskedasticity robust estimation of Vector-Autoregressive (VAR) models. VAR models have become one of the most applied models for the analysis of multivariate time series. Econometric standard software usually provides parameter estimators that...

Persistent link: https://www.econbiz.de/10010079546

Multi-interregional economic impact analysis based on multi-interregional input output model consisting of 7 regions of Vietnam, 2000

Trinh, Bui; Kobayashi, Kiyoshi; Quang, Thai Nguyen; … - In: Journal of finance and investment analysis 1 (2012) 2, pp. 83-117

I/O models have been widely used to assess the impacts of many changes in an economy. An I/O model is also an important tool to make forecasts and the results from an I/O model are very helpful in many policy-making processes. Many scientific findings in economics have to give credit to the I/O...

Persistent link: https://www.econbiz.de/10010079553

Empirical testing on uncovered interest rate parity in Malaysia

Jaratin Lily; Mori Kogid; Mohd Rahimie Abd Karim; … - In: Journal of applied finance & banking 1 (2011) 2, pp. 95-114

Uncovered interest rate parity (UIRP) provides a crucial theoretical concept for many models in international finance and international monetary economics. Using quarterly data span from 1998Q1 to 2010Q3, we run conventional regressions (OLS) and simple GARCH analysis on UIRP for the case of...

Persistent link: https://www.econbiz.de/10010009075

What are the benefits of globally invested mutual funds? : evidence from statistical arbitrage models

Grobys, Klaus - In: Journal of applied finance & banking 2 (2012) 1, pp. 1-27

Even though correlations between different economies' stock markets have empirically increased over time, it would have been advantageously to invest in developing countries' stock markets such as the Indian stock market, instead of investing in the US-stock market when considering the overall...

Persistent link: https://www.econbiz.de/10010009113