This paper examines the significance of volatility in option pricing considering that the option’s theoretical price depends on the accuracy of this parameter’s estimation. One of the assumptions of Black-Scholes model according to which the volatility is a constant parameter and may be...

Considering the significant positive impact of foreign direct investments on the developing economies, we have tried in this paper to identify the main factors influencing one way or another the flows and stocks of FDI. Our sample includes four host countries with a similar past from Eastern...