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We explore whether the market variance risk premium (VRP) can be predicted. First, we propose a novel approach to measure VRP which distinguishes the investment horizon from the variance swap's maturity. We extract VRP from actual rather than synthetic S&P 500 variance swap quotes, thus avoiding...
Persistent link: https://www.econbiz.de/10011310177
We explore whether the market variance risk premium (VRP) can be predicted. First, we propose a novel approach to measure VRP which distinguishes the investment horizon from the variance swap's maturity. We extract VRP from actual rather than synthetic S&P 500 variance swap quotes, thus avoiding...
Persistent link: https://www.econbiz.de/10011380986
ENGLISH ABSTRACT: Black Economic Empowerment (“BEE”) is an imperative economic tool that the South African government established to achieve its transformational objectives which are meant to grow the economy, decrease inequalities and create more job and business opportunities for the South...
Persistent link: https://www.econbiz.de/10009442080
A new political dispensation in 1994 heralded a period of optimism for many ordinary SouthAfricans, who hoped for freedom and an escape from poverty. Since this transition, however,South Africa has registered steady increases in unemployment, which was already high andwidespread at that stage....
Persistent link: https://www.econbiz.de/10009442171
38 pp. Bookmarks modified by UO. 1995-2015 Plan adopted February 7, 1996. Draft for 2000-2020 Plan Captured December 1, 2005.
Persistent link: https://www.econbiz.de/10009447335
87 pp. Bookmarks supplied by UO. Tables, appendices. Published July 15, 1998. Captured January 13, 2008.
Persistent link: https://www.econbiz.de/10009447337
23 pp. Bookmarks supplied by UO. Maps, chart, illus. Published December, 2006. Captured January 14, 2009.
Persistent link: https://www.econbiz.de/10009447342
50 pp. Published August 2004. Captured December 1, 2005.
Persistent link: https://www.econbiz.de/10009447343
79 pp. Bookmarks supplied by UO. Includes figures. Published April, 2008. Captured July 14, 2008.
Persistent link: https://www.econbiz.de/10009447347
36 pp. Published June 2002. Captured February 22, 2007.
Persistent link: https://www.econbiz.de/10009447348