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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...
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Address before the LeMoyne-Owen College, Memphis, March. 25, 2004
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Address before the LeMoyne-Owen College, Memphis, March. 25, 2004
Persistent link: https://www.econbiz.de/10011185082
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rules had predictive ability. This comment investigates the risk-adjusted usefulness of such rules and more fully … on a risk-adjusted basis. Therefore, the results are consistent with market efficiency. Nevertheless, risk …
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
suffer severe recessions around the time of the recent Great Recession. Nevertheless, there are significant differences in …
Persistent link: https://www.econbiz.de/10011027333
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