The motivation of this paper was to model and to implement an innovative approach to simulate the trading processes of a virtual business company. Agent-based methods together with the Java development platform are used to implement a multi-agent system to serve as a simulation framework. The...

This paper proposes a framework to gauge the degree of volatility transmission during the subprime crisis of 2008 between U.S stock market and developed stock markets (France, Germany, United Kingdom, Japan) by deriving tests for conditional independence among daily volatility measures and...

This paper seeks to examine the empirical association between weather and the Casablanca stock market returns and volatility. We choose stock indexes of three weather-sensitive sectors that account for 40% of Morocco's GDP to test the impact of weather on the Moroccan economy. We use an...

In this paper the authors analyse the Italian "IV Conto Energia" for the Photovoltaic in the light of the Ministerial Decree of 05th may 2011. In the first part of the paper the technical aspects of "Conto Energia" are dealt with, highlighting the major changes with respect to the past. The...

Scientific research on Greenhouse Gases (GHG) focuses mainly on CO2 emissions. But non-CO2 gases (mainly F-gases in the form of HFCs, PFCs, SF6) are more potent at trapping heat within the atmosphere. Currently, F-gases constitute a small proportion of GHG emissions but they are extremely high...

The approaches to the definition of the concept "tax loading" have been discussed in the article. The evaluation of widely used methods of tax loading calculation on macrolevel has been performed. The level of this index throughout Ukraine and in the light of some taxes and collections has been...

This article deals with the issue of guarantee certificate formation on the financial market. The main objective is to design a new guarantee certificate suitable for conservative investors. We found an alternative opportunity to the purchase of this certificate, i.e. investment in a bank...

The paper provides evidence on correlation structure forecasting techniques. We use index model parameters to forecast significant parts of securities returns volatility – systematic risk and specific risk. Except of this static perspective we have suggested, improved and dynamised these...

The concept of labelled graph and the term of structured path were introduced in ([1]). Using the definition for the term of structured element and elementary structured element for a path in a labelled graph, the information contained in a labelled graph can be transposed into a representation...

Responsiveness of exchange rates to external price shocks as well as their ability to serve as a traditional vehicle for a transmission of these shocks to domestic prices is affected by exchange rate arrangement adopted by monetary authorities. As a result, exchange rate volatility determines...