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This paper characterizes the temporal pattern of trading rule returns and official intervention for Australian, German, Swiss and U.S. data to investigate whether intervention generates technical trading rule profits. High frequency data show that abnormally high trading rule returns precede...
Persistent link: https://www.econbiz.de/10005491014
Address before the LeMoyne-Owen College, Memphis, March. 25, 2004
Persistent link: https://www.econbiz.de/10005420454
Address before the LeMoyne-Owen College, Memphis, March. 25, 2004
Persistent link: https://www.econbiz.de/10011185082
Persistent link: https://www.econbiz.de/10005712279
Allen and Karjalainen (1999) used genetic programming to develop optimal ex ante trading rules for the S&P 500 index. They found no evidence that the returns to these rules were higher than buy-and-hold returns but some evidence that the rules had predictive ability. This comment investigates...
Persistent link: https://www.econbiz.de/10005353017
exchange (forex) technical rules in major and emerging markets, the carry trade, and U.S. equities. The results show that forex … does not select carry trade strategies until well into the 1990s, which helps to explain the relatively recent surge in …
Persistent link: https://www.econbiz.de/10009321080
This paper examines the relationship between trade and investment in technology adoption when firms face demand …
Persistent link: https://www.econbiz.de/10010640523
decrease) in response to reciprocal trade liberalization between the source and host nations (of illegal immigration). Next we … of this tariff liberalization on the Nash equilibrium tariffs can modify the traditional (trade creating/diverting) gains …
Persistent link: https://www.econbiz.de/10005360623
This paper argues that estimation of the Phillips curve for Japan should take account of the geographic dispersion of …
Persistent link: https://www.econbiz.de/10005490982