Ziel dieser Arbeit ist es, die Anwendbarkeit intrinsischer Wertmodelle in dem nach inländischen und ausländischen Investoren segmentierten chinesischen Kapitalmarkt zu untersuchen. Innerhalb des Frameworks der internationalen Portfolio Investment Theorie werden segmentspezifische...

Die vorliegende Dissertation behandelt in fünf wissenschaftlichen Artikeln Grundfragen aus dem Themenfeld der Konsumenten-Marken Beziehung. Artikel 1 befasst sich mit der Fragestellung, was Konsumenten dazu führt, eine Marke in Betracht zu ziehen. Artikel 2 untersucht den Zusammenhang von...

The tourism development analysis is of maximum importance in the context of increasing the integration level of the Romania’s economy into of the European one. Various methods are used by specialists for evaluating and disseminating data on the evolution, in order to provide information to...

Expected utility theory views the individual investment decision as a tradeoff between immediate consumption and deferred consumption. But individuals do not always prefer according to the classical theory of economics. Recent studies on individual investor behavior have shown that they do not...

The rate of deforestation in Africa is of paramount concern not only to the future of Africa, but also to the world. This study uses country-level data to model changes in forest area over an 18 year period (1990-2007) in 35 African countries and investigates the role played by important...

This paper proposes a new model of measuring a latent variable, stock market manipulation. The model bears close resemblance with the literature on economic well-being. It interprets the manipulation of a stock as a latent variable, in the form of a multiple indicators and multiple causes...

This paper uses annual data for the period 1970-2006 in order to estimate and investigate the evolution of the Mexican informal economy. In order to do so, we model the informal economy as a latent variable and try to explain it through relationships between possible cause and indicator...

Hypothesis of purchasing power parity basically depends on the presumption of unique price in international trade. The price of a good is the same all over the world when it is converted to a common currency. In other words, one unit of national currency has the same purchasing power everywhere...

The aim of this paper is to investigate, through economic science tools, the impact of economic downturn and Memorandum health policies, under the hypothesis that Household Health Expenditure (HHE) was increased. Apart from that, a secondary objective is to interpret the Greeks behavior of...

Previous research on prices of job amenities has suffered from simultaneity bias due to workers’ unobserved offer sets, resulting in “wrong-signed” compensating wage differentials. I propose a simple amenity pricing framework that uses an imprecise proxy for workers’ offer sets to...