volatility on foreign exchange markets. Starting point is the market participant's microeconomic investment decision, which is … trading volume and volatility on foreign exchange markets. We apply various two-country-models with representative market … participants, lock-in effect and risk diversification and also a comprehensive model with heterogeneous participants - investors …

motion (GBM) process. That is, we show what difficulties can arise when failing to account for estimation risk. Our working … difficulties that can ensue when failing to account for estimation risk in valuation and hedging formulae. …We quantify the effects on contingent claim valuation of using an estimator for the volatility of a geometric Brownian …

that the two policies will have different impact on macroeconomic indicators, inter alia exchange rage, export, import and …

trade (exchange rate (CZK/€), unit price (€/kg), export volume (in kilograms). The basis for the analyses of mutual … elasticity calculation. Another very important part of the paper is the analysis of Czech rabbit meat export competitiveness in …

This paper examines the varying impact of the Import and Export on the impulsiveness nature of the Exchange Rate in … obtained from random effects model show that export is not a significant variable to impact the exchange rate while the import …

/USD Wechselkurs mit experimentellen Prognosen von Studenten für eine simulierte Zeitreihe verglichen. Die Ergebnisse zeigen, dass sich …

of equilibria are possible only in the harmonic mean of investors' absolute risk aversions. Actually, the practical … advantages are the simple risk measure and the quite applicable properties of CAPM-equilibria: The Mutual Fund Theorem, the Beta …

Eurozone countries, so the advent of the euroappears to have been associated with a shift in exchange risk from systematic to …Using a sample of 1154 European firms from 11 countries, we show that firm-levelexchange exposure for Eurozone and non-Eurozone … European firms has increased sincethe introduction of the euro, but this rise was smaller for Eurozone than non …

natürliche Experimente ausgewertet, die sich aus Reformen der Alterssicherungssysteme in Deutschland und der Schweiz ergeben … estimation methods for panel data and for duration analyses are applied to administrative microdata and survey microdata. In line …