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In diesem Beitrag gehen wir der Frage nach, inwieweit die Entfernung zur nächsten Hochschule (Universität/Fachhochschule) die Wahrscheinlichkeit beeinflusst, ein Studium aufzunehmen bzw. aufnehmen zu wollen. Außerdem untersuchen wir die Mechanismen, die dem Zusammenhang zwischen...
Persistent link: https://www.econbiz.de/10011786878
-specific optimism and stock-specific risk (measured by volatility and price-to-book ratio). However, target price accuracy is positively …
Persistent link: https://www.econbiz.de/10010421358
obtained from discrete time models by comparing them with high-frequency ex post estimates (e.g. realised volatility) based on … illustration provides an example of where an explanatory model outperforms realised volatility ex post. …
Persistent link: https://www.econbiz.de/10010332964
A model-free methodology is used for the first time to estimate a daily volatility index (VIBEX-NEW) for the Spanish … display a negative, tight contemporaneous relationship with IBEX daily returns, contrary to other common volatility indicators …, as an implied volatility indicator or a GARCH(1,1) conditional volatility model. This relationship is approximately …
Persistent link: https://www.econbiz.de/10010333080
Persistent link: https://www.econbiz.de/10011695921
The capacity of input-output tables to reflect the structural peculiarities of an economy and to forecast, on this basis, its evolution, depends essentially on the characteristics of the matrix A matrix of I-O (or technical) coefficients. However, the temporal behaviour of these coefficients is...
Persistent link: https://www.econbiz.de/10011551997
observed that the volatility shocks are quite persistent and take a long time to die out. September 11, 2001incident and … thereafter war on terror has increased the conditional volatility of foreign direct investment and has statistically significant … volatility. One interesting finding of this study is that the impact of Non-Democratic regime before September, 11 scenario is …
Persistent link: https://www.econbiz.de/10011938300
This article examines the consequences of contracting-out on the basis of the four criteria of efficiency, economy, effectiveness and equality (3 or 4 e's concept), which are borrowed from New Public Management research. The paper is based on 76 expert interviews and informative discussions...
Persistent link: https://www.econbiz.de/10011650579
In Germany, there exist around 160 threshold values stating that certain labour laws and regulations apply only in establishments above a critical size (usually defined by the number of employees). As crossing a threshold may result in additional costs for the firm, it is often hypothesized that...
Persistent link: https://www.econbiz.de/10011650739
This paper addresses the determinants of foreign direct investment (FDI) ownership mode choice of firms in Central and Eastern Europe (CEE) based on three most important theoretical paradigms of IB studies i.e. transaction cost economics, resource based view and institutional theory. The...
Persistent link: https://www.econbiz.de/10011307018