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Variance of exchange rates around predictions can be from 1) undiscovered fundamentals, 2) efficient markets, 3 …. Field and experimental evidence identifies 4) as the underlying cause. Variance effects prior to the resolution of risk … the outcome flow after risk is passed. To include the evaluation stage and such damage from variance, the authorities can …
Persistent link: https://www.econbiz.de/10010274100
geometric mean (BCGM), (iii) a uniformly minimum variance unbiased (UMVU) estimator, and (iv) the sample median (SM). In … population variance and sample size (n = 4-100). Results of this work indicate that the UMVU estimator and the BCGM estimators …
Persistent link: https://www.econbiz.de/10009429560
This paper addresses the question if there are differences between time patterns in the volatility of investment across different industrial sectors. A competitive partial-equilibrium model with quadratic adjustment costs in investment and a GARCH demand shock is developed to predict aggregate...
Persistent link: https://www.econbiz.de/10005561184
sources. Far fewer efforts have been made to give a breakdown of the variance of macroeconomic aggregates by Pigou (1929) and …
Persistent link: https://www.econbiz.de/10005593317
Persistent link: https://www.econbiz.de/10005613277
We investigate the OLS-based estimator s2 of the disturbance variance in the standard linear regression model with …
Persistent link: https://www.econbiz.de/10010296757
weighted sum of the initial variance and an integral of a weighted variance of the diffusion and the jump process. Finally, the …
Persistent link: https://www.econbiz.de/10011852724
distributions of behavior, focusing on the distinction between tight (i.e., characterized by low behavioral variance), loose (i ….e., characterized by high behavioral variance), and polarized (i.e., characterized by u-shaped behavior) environments. We find that … individuals indeed strongly respond to differences in the variance and shape of the descriptive norm they are facing: loose norms …
Persistent link: https://www.econbiz.de/10014290143
Persistent link: https://www.econbiz.de/10005345461
Whether energy use drives economic growth or vice versa in the Indian context during the period 1970-71 to 2004-05 is examined. Utilizing the Granger causality test, the study suggests that it is the economic growth that fuels more demand for both crude oil and electricity consumption and it is...
Persistent link: https://www.econbiz.de/10005487681