Search Results - isPartOf:"SFB 649 Discussion Paper"

Measuring the effects of geographical distance on stock market correlation

Eckel, Stefanie Irma Juliane (contributor) - 2009

SFB 649 Discussion Paper 2009-025 Measuring the effects of geographical distance on stock …

Persistent link: https://www.econbiz.de/10004943639

How does entry regulation influence entry into self-employment and occupational mobility?

Prantl, Susanne; Spitz-Oener, Alexandra Emmi - 2009

SFB 649 Discussion Paper 2009-034 How does entry regulation influence entry into self …

Persistent link: https://www.econbiz.de/10004943640

Unionisation structures, productivity, and firm performance

Braun, Sebastian - 2009

SFB 649 Discussion Paper 2009-027 Unionisation Structures, Productivity, and Firm Performance …

Persistent link: https://www.econbiz.de/10004943641

Pricing Bermudan options using regression : optimal rates of convergence for lower estimates

Belomestny, Denis - 2009

SFB 649 Discussion Paper 2009-023 Pricing Bermudan options using regression: optimal rates … Trans. Neural. Net., 12, 694-703. 17 SFB 649 Discussion Paper Series 2009 For a complete list of Discussion Papers … research was supported by the Deutsche Forschungsgemeinschaft through the SFB 649 "Economic Risk". SFB 649 Discussion …

Persistent link: https://www.econbiz.de/10004943642

Cognitive bubbles

Bosch-Rosa, Ciril; Meissner, Thomas; Bosch-Domènech, Antoni - 2015

Smith et al. (1988) reported large bubbles and crashes in experimental asset markets, a result that has been replicated by a large literature. Here we test whether the occurrence of bubbles depends on the experimental subjects' cognitive sophistication. In a two-part experiment, we first run a...

Persistent link: https://www.econbiz.de/10010491434

Stochastic population analysis: A functional data approach

Fang, Lei; Härdle, Wolfgang Karl - 2015

Based on the Lee-Carter (LC) model, the benchmark in population forecasting, a variety of extensions and modifications are proposed in this paper. We investigate one of the extensions, the Hyndman-Ullah (HU) method and apply it to Asian demographic data sets: China, Japan and Taiwan. It combines...

Persistent link: https://www.econbiz.de/10010491435

Efficiency of wind power production and its determinants

Pieralli, Simone; Ritter, Matthias; Odening, Martin - 2015

This article examines the efficiency of wind energy production. We quantify production losses in four wind parks across Germany for 19 wind turbines with non-convex efficiency analysis. In a second stage regression, we adapt the linear regression results of Kneip, Simar, Wilson (2014) to explain...

Persistent link: https://www.econbiz.de/10010491438

Distillation of news flow into analysis of stock reactions

Zhang, Junni L.; Härdle, Wolfgang Karl; Chen, Cathy Y.; … - 2015

News carry information of market moves. The gargantuan plethora of opinions, facts and tweets on financial business offers the opportunity to test and analyze the influence of such text sources on future directions of stocks. It also creates though the necessity to distill via statistical...

Persistent link: https://www.econbiz.de/10010491445

From galloping inflation to price stability in steps: Israel 1985-2013

Melnick, Rafi; Strohsal, Till - 2015

After the introduction of a stabilization program Israeli inflation decreased from 400% in 1985 to 2% in 2013. This paper analyzes how the remarkable transition process of Israel's disinflation took place. We reinforce the existing hypothesis that inflationmoved in distinct steps characterized...

Persistent link: https://www.econbiz.de/10010491447

Estimation of NAIRU with inflation expectation data

Cui, Wei; Härdle, Wolfgang Karl; Wang, Weining - 2015

Estimating natural rate of unemployment (NAIRU) is important for understanding the joint dynamics of unemployment, inflation, and inflation expectation. However, existing literature falls short in endogenizing inflation expectation together with NAIRU in a model consistent way. We develop and...

Persistent link: https://www.econbiz.de/10010491450