We study intraday jumps on a pure limit order FX market by linking them to news announcements and liquidity shocks. First, we show that jumps are frequent and contribute greatly to the return volatility. Nearly half of the jumps can be linked with scheduled and unscheduled news announcements....

This thesis analyzes why products become increasingly heterogenous in both their physical and qualitative appearances in the modern market economy. Among the important causes, competition from outside goods, non-uniform but concentrated consumer distributions, and competition and cooperation,...

The Denopt project aimed at optimising existing and developing new SCRDeNOx catalysts applied at coal fired power plants. Special emphasis was put on catalyst deactivation and mercury oxidation, but nevertheless NOx reduction and SO2-SO3 conversion were considered, too. New catalysts for high...

This paper conducts a large-scale multi-country longitudinal study and examines the extent that firms are exposed to commodity price risk in 23 OCED countries. An industry analysis reveals that all industries are significantly exposed to commodity price movement ranging between 8-10% except for...

Wanghong refers to a particular stream of vocational Chinese internet celebrities that have acquired their celebrity online and have acute incentives through various models to liquidate such online influence. While the wanghong economy is often projected as a new platform economy that is by the...