We use the NYSE industrial index, the NYSE utility index, and the NASDAQ industrial index to examine the relationship between short-run and long-run volatility. We establish that the NASDAQ index has substantially more daily volatility than the NYSE indices. The initial examination shows that...

Business Angels are private individuals (or syndicates) who supply venture capital to businesses, mainly small start-up firms, in an informal investment market setting. This paper presents a preliminary analysis from the first phase of a research project that explores the emergence of Business...

The transition economies of Central and Eastern Europe (CEE) are engaged in fierce competition for foreign direct investment (FDI). This paper examines FDI trends in CEE, FDI competition, the policy framework, and institutions such as inward investment agencies. It identifies patterns in FDI...