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For this paper, we dynamically analysed the comovements between three major stock markets-Germany, the UK, and the US-and the countries of the European Union, divided into two groups: Eurozone and non-Eurozone. Correlation coefficients based on a detrended cross-correlation analysis (DCCA) were...
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The book provides a simple, intuitive introduction to regression models for qualitative and discrete dependent variables, to sample selection models, and to event history models, all in the context of maximum likelihood estimation. It presents a wide range of commonly used models. The book...
Persistent link: https://www.econbiz.de/10013520518
The study initiated with underlying principles of construction production which is an impetus to ill-conditioned prediction of project determinants at the early phases of building projects. To enhance the precision of these estimations, unique solutions relying on the statistical evidences were...
Persistent link: https://www.econbiz.de/10014509792
currencies. Suitable bonds are used to compute yields for the respective L¨ander at a daily frequency. In addition, we construct … a measure of liquidity based on the standard deviation of yields of those bonds that are used to compute the average …
Persistent link: https://www.econbiz.de/10010295878
foreign currencies. Suitable bonds are used to compute time series of yields for the respective Länder at a daily frequency as … well as a liquidity measure. Based on the unique data set, we document that spreads of Länder yields to the Bund are driven …
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