Showing 1 - 10 of 23
The motivation for this paper is to investigate the use of alternative novel neural network architectures when applied to the task of forecasting and trading the Euro/Dollar (EUR/USD) exchange rate. This is done by benchmarking three different neural network designs representing a Higher Order...
Persistent link: https://www.econbiz.de/10009455657
The objective of this study is to investigate the use, the stability and the robustness of alternative novel neural network (NN) architectures when applied to the task of forecasting and trading the Euro/Dollar (EUR/USD) exchange rate using the European Central Bank (ECB) fixing series with only...
Persistent link: https://www.econbiz.de/10009455663
Persistent link: https://www.econbiz.de/10011087548
Complex non-linear interactions between banks and assets we model by two time-dependent Erd\H{o}s Renyi network models where each node, representing bank, can invest either to a single asset (model I) or multiple assets (model II). We use dynamical network approach to evaluate the collective...
Persistent link: https://www.econbiz.de/10010757453
Purpose: The present study seeks to examine the efficacy of different training modalities on increasing workplace learning, representatives' intent to transfer what they learned into their work, and importantly how training impacts actual work performance. These relationships are tested in the...
Persistent link: https://www.econbiz.de/10013488865
We placed over 85,000 retail trades at six retail brokers to validate the Boehmer et al. (2021) algorithm, which uses subpenny trade prices to identify and sign retail trades. The algorithm identifies only 35% of our trades as retail, incorrectly signs 28% of trades, and yields uninformative...
Persistent link: https://www.econbiz.de/10013492248
Persistent link: https://www.econbiz.de/10015135983
We study the influence of financial innovation by fintech brokerages on individual investors’ trading and stock prices. Using data from Robinhood, we find that Robinhood investors engage in more attention-induced trading than other retail investors. For example, Robinhood outages...
Persistent link: https://www.econbiz.de/10013247691
We examine the diversification benefits of cryptocurrency asset categories. To mitigate the effects of estimation risk, we employ the Bayes-Stein model with no short-selling and variance-based constraints. We estimate the inputs using lasso regression and elastic net regression, employing the...
Persistent link: https://www.econbiz.de/10013217301
This paper examines the effect of prior investment experience in specific industries on subsequent investment decisions. Using households' trading records from a large discount broker between 1991 and 1996, I find that prior success in a given industry increases the likelihood of subsequent...
Persistent link: https://www.econbiz.de/10012905930