Poverty and inequality represent major policy syndromes that are relevant in the achievement of most United Nations' sustainable development goals (SDGs) in sub-Saharan Africa, while economic growth is also essential for the achievement of attendant SDGs. The present study extends existing...

This paper deals with the intra-day behavior of asset prices shortly before and after large price changes.

This paper analyzes optimal portfolio choice and consumption with stochastic volatility in incomplete markets.

The overall objective of this thesis is to contribute to the existing knowledge of efficiency measurements through the exploration of efficiency modelling issues and practical applications of different efficiency analysis frameworks. More specifically, this objective will be achieved through a...

Electricity market reforms have occurred in many countries, including both developed and developing countries. The main objectives for electricity market reform in developed countries focus on reducing the production costs and electricity prices while the developing countries aim to improve...

The growth of the Internet and other digitization technologies has enabled the unbundling of the physical and information components of the value chain and has led to an explosion of information made available to consumers. Understanding the implications of this new informational landscape for...

In an increasingly competitive environment, firms have to optimally adjust both their allocation of input factors and their technology portfolio. The latter determines economies of scope and scale in future research and production. The aim of this dissertation is to achieve better insight into...