This paper constitutes a different approach concerning the time varying risk premium for the stocks traded on the Athens Stock Exchange. The research methodology utilises two well known empirical findings; the time varying beta risk (eg. Merton (1973), Ng (1991), Fama, French (1988)), and the...

In this paper we estimate value of time savings specifically applied to the case of the Rion-Antirion suspension bridge which will connect the Western part of Greece through the Rion-Antirion sea strait with the region of Patras and consequently with Athens providing a faster and more efficient...

In this paper a model for estimating the reduction of the probability of premature death emanating from a transport infrastructure investment is developed. As a starting point a reference probability of premature death is arbitrarily chosen and two measures of estimating the value of life saving...

This paper reexamines the forward rate unbiasedness hypothesis (FRUH) during the 1920s and it contributes to the literature as follows: first, it utilizes a database that includes currencies not studied before, as well as the 3 month forward rates; second, it applies three different approaches...

This paper examines long-run relationships between four Latin America stock markets and a mature stock market that of the US. We estimate both the autoregressive and moving average representations of a VAR model as suggested by Johansen [Johansen, S. (1988). Statistical analysis of cointegrating...