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ENGLISH ABSTRACT: This research report investigated whether evidence of volatility clustering exists on the FTSE/JSE Top 40 Index. The presence of volatility clustering has practical implications relating to market decisions as well as the accurate measurement and reliable forecasting of...
Persistent link: https://www.econbiz.de/10009442059
transmission, and fundamental efficiency of stock prices. Chapter 2 of the thesis presents research into the information content of … prices in majority of the Asian emerging markets are not devoid of fundamentals. …
Persistent link: https://www.econbiz.de/10009482095
convert estimates of capital stock into estimates of capital service flows by means of capital rental prices. Comparisons of … levels of capital input among countries require data on relative prices of capital input. We obtain relative price levels for … capital input via relative investment goods prices, taking into account the flow of capital input per unit of capital stock in …
Persistent link: https://www.econbiz.de/10009429438
Programming models approximate market prices and quantities when regulations constrain firm choices, because market …
Persistent link: https://www.econbiz.de/10009429512
substitute energy at or below current market prices for oil. Six additional locations - Ellsworth, Luke, Williams, Bliss, Fallon … be economically competitive with natural gas at current controlled prices. Generation of electric power at the locations …
Persistent link: https://www.econbiz.de/10009435583
The Fossil2 energy-economic model is used by the US Department of Energy (DOE) for a variety of energy and environmental policy analyses. A number of improvements to the model are under way or are being considered. This report was prepared by the Pacific Northwest Laboratory (PNL) to provide a...
Persistent link: https://www.econbiz.de/10009435747
corresponding market-clearing prices. We show that future prices for both electricity and AS depend on expectations of the spot …
Persistent link: https://www.econbiz.de/10009435805
(CIA) and Energy Information Agency (EIA) forecasting models of world oil prices is presented. This comparison consists of … encompassing. In particular, the analysis does not provide data on crude oil prices in the spot market, but does provide … changes in oil prices. Throughout this paper, world oil prices are defined in terms of real 1978 dollars per barrel of crude …
Persistent link: https://www.econbiz.de/10009435871
, macroeconomic forecasts of individual subsector growth rates and energy prices can then be combined with endogenous forecasts of …
Persistent link: https://www.econbiz.de/10009436210
In this report, we study the potential for competitive forces to enhance the efficiency of integrated resource planning and produce consumer cost reductions. We examine the efficiency gains from competition in the private power market, and ask whether similar forces can be successful on the...
Persistent link: https://www.econbiz.de/10009436581