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This paper investigates the determinants of transaction price changes during BUND-future trading at Deutsche Terminbörse (DTB) and London International Financial Futures Exchange (LIFFE). The analysis uses the ordered probit model, which is an econometric tool that is comparatively new to the...
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An introduction to the basic concepts -- Economic systems for resource allocation -- The market mechanism -- The theory … of demand -- The theory of supply -- Clients and contractors -- Costs of the construction firm -- Types of market …
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