Many asset prices, including exchange rates, exhibit periods of stability punctuated by infrequent, substantial, often one-sided adjustments. Statistically, this generates empirical distributions of exchange rate changes that exhibit high peaks, long tails, and skewness. This paper introduces a...

For rural hospitals, market area determination is an essential step in crafting effectual policy and furthering research. Competing methodologies for determining a hospital’s market area produce different results. Using a sample research question dealing with the overlap of public lands and...

This paper compares the performance of alternative models of east Asian exchange rates at different data frequencies. Selected models employ different specifications of the conditional variance and the conditional error distribution. Conditional variance specifications include: homoscedasticity,...

This paper evaluates monthly stock index price from the Taiwan stock market for evidence of weak form market efficiency. Four empirical methodologies are employed: the Ljung-Box Q test, the binomial distribution test, the runs test and the unit root test of stationarity in stock prices....

This research investigates the differential effect of timing and product characteristic based measures of buyer concentration on the selling price of auctioned feeder cattle. Empirical results suggest that the fundamental dynamic price generation mechanism in feeder cattle auctions is affected...

Surveys of wilderness users in four selected wilderness areas and proposed wilderness areas in Utah indicated that expenditures by these visitors, while similar to other outdoor recreation participants, are not sufficiently large to significantly influence the local county economies. The...

Using an innovative GMGARCH-MSKST model that allows for asymmetric generalized dynamic conditional correlation, this paper analyzes return and volatility interactions among spot, non-deliverable forward (NDF) and deliverable forward (DF) exchange rate markets for Korea and Taiwan. With the...