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Subsynchronous oscillation (SSO) of generators caused by high voltage direct current (HVDC) systems can be solved by applying supplemental subsynchronous damping controller (SSDC). SSDC application in mitigating SSO of single-generator systems has been studied intensively. This paper focuses on...
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China's major wheat producing areas play a crucial role in ensuring domestic grain production and food security more generally and it is therefore of significance, both empirically and theoretically, to investigate the current situation and future tendencies of the sector. Based on input- and...
Persistent link: https://www.econbiz.de/10010737964
We analyze the properties of the implied volatility, the commonly used volatility estimator by direct option price inversion. It is found that the implied volatility is subject to a systematic bias in the presence of pricing errors, which makes it inconsistent to the underlying volatility. We...
Persistent link: https://www.econbiz.de/10011052328
This article provides a procedure for the estimation of parametric homogeneous stochastic volatility (SV) pricing formulae based on option data. Our estimator has the advantage of being (i) based on option data, (ii) easy to implement in practice, (iii) with clear statistic properties and (iv)...
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Corn yield is determined by soils, weather, seed used and other technology choices. Global population and per capita income growth trends as well as demand from the energy sector have placed great stress on cropland use. Global cropland acres and/or yield per acre will need to increase. Whether...
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