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This paper examines the intra-day seasonality of transacted limit and market orders in the DEM/USD foreign exchange market. Empirical analysis of completed transactions data based on the Dealing 2000-2 electronic inter-dealer broking system indicates significant evidence of intraday seasonality...
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The present study proposes a method to estimate the yield of a crop. The proposed Gaussian quadrature (GQ) method makes it possible to estimate the crop yield from a smaller subsample. Identification of plots and corresponding weights to be assigned to the yield of plots comprising a subsample...
Persistent link: https://www.econbiz.de/10008674963
preferences in terms of statistical moments. An implication is, for example, that prudence implies preference for distributions … with higher skewness as defined by all odd moments. Moreover, we show that this preference is robust towards variation in … kurtosis as defined by all even moments. We thus speak of the kurtosis robustness feature of prudence. Further, we show that …
Persistent link: https://www.econbiz.de/10008676564
Sample skewness and kurtosis are limited by functions of sample size. The limits, or approximations to them, have repeatedly been rediscovered over the last several decades, but nevertheless seem to remain only poorly known. The limits impart bias to estimation and, in extreme cases, imply that...
Persistent link: https://www.econbiz.de/10008677203
cooperation in the city, has enabled us to identify the key moments that characterize and dynamize those relationships as …. basically we found that successful management of Foreign Aid must consider the following key moments: identification of partners …
Persistent link: https://www.econbiz.de/10011152833
calculation of the moments of the sample variance for general populations in a direct way. The main advantage of the proposed … results of this work. For practical purposes, two algorithms for the calculation of the moments of the sample variance are …
Persistent link: https://www.econbiz.de/10011051208
We study the recursive moments of aggregate discounted claims, where the dependence between the inter-claim time and … equation (VIE), we used the method of successive approximation to derive the Neumann series of the recursive moments. We then … compute the first two moments of aggregate discounted claims, i.e., its mean and variance, based on the Neumann series …
Persistent link: https://www.econbiz.de/10011030564
procedures. Several probabilistic descriptive measures are obtained, including moments, Lorenz and Leimkuhler curves and Gini …
Persistent link: https://www.econbiz.de/10011039467