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This paper reports the measurement of radon concentration in well water at the site of Jalpaiguri (26°32′N, 88°46′E) near the active fault zone of West Bengal, India. Radon concentration has been measured in well water with the help of solid-state nuclear track detectors (SSNTD). The study...
Persistent link: https://www.econbiz.de/10010996594
This paper examines the weak and strong forms of the foreign exchange market efficiency hypothesis (MEH) (as defined in the paper) using the recently available Harris-Inder null of cointegration procedure, which is powerful enough to distinguish between cointegration and near cointegration, and...
Persistent link: https://www.econbiz.de/10010848287
This paper studies the variation of autocorrelation and cross correlation coefficients of gold price and SENSEX fluctuations with time. The paper uses MFDFA and MFDXA methodologies. SENSEX plays a more dominant role in the variation of cross correlations. It is observed that the cross...
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The current practice of central banks lending gold to gold producers allows the gold leasing rate to be derived from published data. Gold leasing rates, a potential measure of real world interest rates, are calculated and compared with real interest rates derived from U.K. index-linked gilts....
Persistent link: https://www.econbiz.de/10005266967
Is the exchange rate expectation formation process rational? This age old question is looked at with survey data on exchange rate expectations at multiple forecast horizons. This helps to circumvent the risk premium issue and isolate the exchange rate expectational rationality factor. The...
Persistent link: https://www.econbiz.de/10009228112
Using grass-roots-level data, this article analyzes factors that contribute to the current backwardness of the Uzbek banking sector. The study attempts to show that despite considerable progress achieved in terms of modernizing payments systems, embracing international accounting standards, and...
Persistent link: https://www.econbiz.de/10008592612
The foreign exchange market efficiency hypothesis is revisited using the modern Phillips-Hansen Fully Modified Ordinary Least squares (FM-OLS) procedure. It corrects for both endogeneity in the data and asymptotic bias in the coefficient estimates. The volatile decade of the 1980s is the chosen...
Persistent link: https://www.econbiz.de/10009275318