Trading option strangles is a highly popular strategy often used by market participants to mitigate volatility risks in their portfolios. In this paper we propose a measure of the relative value of a delta-Symmetric Strangle and compute it under the standard Black-Scholes option pricing model....

The possibility of the reswitching of techniques in Piero Sraffa's intersectoral model, namely the recurring capital-intensive techniques with monotonic changes in the interest rate, is traditionally considered as a paradoxical violation of the assumed convexity of technology putting at stake...

Merchandise imports in Egypt is growing steadily and very rapidly, at an average growth rate of 10.64 percent/year during 1970-2014. So, this study is very important to know the merchandise imports determinants in Egyptian economy. This study empirically estimates the critical parameters of...

Economic development is a compound outcome arising from a combination of many factors which may include among others, good governance; educational levels of the citizenry; effective political and administrative systems; availability of production resources; as well as availability of...

The aim of this paper is to examine different GARCH models with three different distributions in order to compare their forecasting power in terms of volatility existing in the returns of the Czech Stock Market and more specific in the PX index, for the period 08.01.2001-20.07.2012. We have...

We examined the causes of poor sanitary condition in Gbawe, a low-income suburb of Accra, the capital city of Ghana in the current era of one of the worst epidemics of cholera in Accra which has been linked to improper disposal of wastes. This survey-based study identified improved and...

R-rated films are correlated with lower box office revenues. Using sex and nudity content as an instrument to predict R-ratings, we show that R-ratings themselves are not the cause of lower revenues. Instead, R-rated films contain traits that lower revenues and the ratings act as a signal of...

This study uses a case study method to examine the spin-offs of Asus and Yulon. Both companies show negative cumulated abnormal returns after spin-off announcements and then return to the anchoring price as at the announcement day. The results are in contrast to the findings of Veld et al....

Merchandise imports in Saudi Arabia is growing steadily and very rapidly, at an average growth rate of 10.04 percent/year during 1975-2011. So, this study is very important to know the merchandise imports determinants in Saudi Arabian economy. This study empirically estimates the critical...

The measurement of the efficiency of public education expenditure using parametric and non-parametric methods has proven challenging. This paper seeks to overcome the difficulties of earlier studies by using a hybrid approach to measure the efficiency of secondary education spending in emerging...