The evolution of financial data shows a high degree of volatility of the series, coupled with increasing difficulties of forecasting the shorter is the time horizon, when using standard (i.e., based on linear models) forecasting methods. Some alternative forecasting methods for non-linear time...

In this paper we investigate the profitability of non-linear trading rules based on nearest neighbour predictors. Our results, based on applying this investment strategy to the New York Stock Exchange, suggest that, taking into account trading costs, the non-linear trading rule is superior to a...

En este trabajo se presentan los resultados de la evaluación de las ayudas que, procedentes de la Unión Europea, habrá recibido Canarias durante el período 1989-2006 a través de distintos programas de inversiones contenidos los Fondos Estructurales. Los resultados obtenidos sugieren que,...