This study analyses income inequality and poverty in the rural and urban sectors in Iran during the post Islamic revolution period, 1983-1993. It has been based on household level data relating to the Household Income and Expenditure Surveys conducted by the Statistical Centre of Iran for 1983,...

In project appraisal of infrastructure projects, cost benefit analysis has an important role. One of the central concerns is to adjust the distortions in markets to provide a better guide to a more effective allocation of scarce resources. The objectives of this thesis are : to establish the...

To be successful, in the competitive, global business environment, firms must have a sound understanding of all their operations and the factors which impact upon them, combined with a performance management system which allows them to assess their progress towards achieving the organisation's...

In banking, economic capital is commonly referred to as the level of capital a financial institution needs to hold in order to achieve or maintain its target external credit rating. From a risk management perspective, pricing loan assets based on economic capital is preferred to regulatory...

In recent years there has been an increased interest in the extent to which managers can improve their property portfolio position through international diversification. Much of this interest has centred on the use of various statistical/econometric tests of time‐varying correlations and...

This paper extends research by Batten and Ellis [Econ. Lett. 72 (2001) 291] to propose a simple model of scale-adjusted volatility which measures the extent to which the Gaussian scaling law mis-estimates long-horizon volatility. Applied to the Dow Jones industrial average, the results of our...