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The goal is to determine if there is a stable Broad Money demand relationship for Australia. Previous studies have not reached a consensus on this important issue, partly because the time series techniques used do not accommodate structural breaks. A standard multivariate cointegration analysis...
Persistent link: https://www.econbiz.de/10005655074
In this paper, synchronization between unidirectionally coupled unified chaotic systems with noise perturbation is investigated. Sufficient conditions of synchronization between these noise-perturbed systems are established by means of the so-called sliding mode control method. Some numerical...
Persistent link: https://www.econbiz.de/10010591446
This paper is concerned with a pairs trading rule. The idea is to monitor two historically correlated securities. When divergence is underway, i.e., one stock moves up while the other moves down, a pairs trade is entered which consists of a pair to short the outperforming stock and to long the...
Persistent link: https://www.econbiz.de/10010610587
Remote sensing can provide base information for documenting salinity change and for predicting its future evolution trend. The spatial and temporal distributions of soil salinization of Jiefangzha Irrigation Sub-district, the western part of Hetao Irrigation District of Inner Mongolia in...
Persistent link: https://www.econbiz.de/10008864406
This paper is concerned with an optimal stock selling rule under a Markov chain model. The objective is to find an optimal stopping time to sell the stock so as to maximize an expected return. Solutions to the associated variational inequalities are obtained. Closed-form solutions are given in...
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