The Circular Model (CM) is a newly joined member to the family of Univariate Statistical Models. Development of the CM was based on; Newton’s Law of Circular Motion, Fourier Transformation and Multiple Regression Analysis. Most important property of the CM is that; the model could be applied...

This paper examines the interaction of core inflation and inflation targeting as a monetary policy regime. Interest in core inflation has grown because of inflation targeting. Core inflation is defined in numerous ways giving rise to many potential measures; this paper defines core inflation as...

Für eine effiziente Kapitalallokation, insbesondere mit Blick auf die Hinterlegung ausreichender Eigenmittel zur Absicherung gegen extreme Marktbewegungen, ist eine möglichst genaue Abschätzung der Marktrisiken erforderlich. Die Ermittlung des Value-at-Risk ist in diesem Zusammenhang von...