Showing 1 - 10 of 327
The size and power of the Wald, Edgeworth expansion corrected likelihood-ratio statistic (LRE), and bootstrap tests for Granger causality in integrated-cointegrated VAR systems are considered. By using Monte Carlo methods and simple graphical techniques, the p-value plots, and power-size plots,...
Persistent link: https://www.econbiz.de/10014620824
Purpose The purpose of this paper is to evaluate the profitability of technical trading relative to buy-and-hold (BH) strategy at firm level, controlling for firm size and trading volume. Design/methodology/approach This paper applies variable-length moving averages (VMAs) thoroughly to each and...
Persistent link: https://www.econbiz.de/10014785650
Purpose – The purpose of this paper is to focus on the weak-form efficiency of 24 emerging and nine industrial stock market indices around the world. It tests for the predictability and the presence of seasonal patterns in rates of return from January 2000 to December 2010....
Persistent link: https://www.econbiz.de/10014788729
Purpose – Questionnaire surveys made at currency markets around the world reveal that currency trade to a large extent not only is determined by an economy's performance or expected performance. Indeed, a fraction is guided by technical trading, which means that past exchange rates are assumed...
Persistent link: https://www.econbiz.de/10014866817
Purpose – The purpose of this paper is to propose predictive models of speculative revaluation attacks, which would facilitate currency risk hedging in emerging and developed countries. Design/methodology/approach – The purpose of this paper is achieved using the methodology of multiple...
Persistent link: https://www.econbiz.de/10014685515
Examines the impact of foreign currencies on the purchase of library materials, with particular reference to Brown University Library. Describes the importance of discovering the foreign exchange exposure, projecting costs, and keeping a record of changes. Covers ways of lessening the impact of...
Persistent link: https://www.econbiz.de/10014686374
The author argues that in difficult times for risk and corporate governance the corporate treasurer is increasingly the most valuable source of information for non‐executive directors. Risk is at the heart of the work of the corporate treasurer. This is particularly true in financial services...
Persistent link: https://www.econbiz.de/10014689083
Purpose – The purpose of this study is to discover and model the asymmetry in the price volatility of financial markets, in particular the foreign exchange markets as the first underlying applications. Design/methodology/approach – The volatility of the financial market price is usually...
Persistent link: https://www.econbiz.de/10014694481
Purpose – The purpose of this paper is to econometrically investigate the level of financial co-integration of the least developed countries (LDCs) of Asia and Pacific region. In addition, the paper also tested the co-integration of LDCs with the world’s second largest economy “China.”...
Persistent link: https://www.econbiz.de/10014694587
Purpose – The purpose of this paper is to define and explore the concept of financial supply chain strategy in a global business environment. The paper aims to illustrate the concepts with a detailed case study of Motorola's global financial supply chain. Design/methodology/approach – This...
Persistent link: https://www.econbiz.de/10015008733