The aim of this paper is to forecast (out-of-sample) the distribution of financial returns based on realized volatility measures constructed from high-frequency returns. We adopt a semi-parametric model for the distribution by assuming that the return quantiles depend on the realized measures...

Commercial fisheries rely heavily on fossil fuel combustion and contribute heavily to the emission of atmospheric pollutants and greenhouse gases. Propulsion output of fishing vessels has continually increased from 30 kW in 1959 to nearly 320 kW in 2000, indicating that the Taiwanese...

This paper highlights the need for the development of a renewable infrastructure for marine transportation. The result of a survey performed in this study serves as information for public policy makers on the degree to which policy can or should attempt to provide guidelines and incentives in...

Asian and European financial markets impose daily price fluctuation limits on individual securities. In the US several futures exchanges are regulated by price fluctuation limits as well. The price limits in most exchanges are set daily, and they are usually based on a percentage change from the...