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In this paper we examine three binary regressions in order to predict the financial crisis or no crisis periods in USA. The first one is the Logit model and the other two are binary fuzzy regressions with sigmoid and triangular membership functions. We apply the models in period 1926-2005 and we...
Persistent link: https://www.econbiz.de/10013138094
In this paper we present a very brief description of least mean square algorithm with applications in time-series analysis of economic and financial time series. We present some numerical applications; forecasts for the Gross Domestic Product growth rate of UK and Italy, forecasts for S&P 500...
Persistent link: https://www.econbiz.de/10013138755
In this paper we examine feed-forward neural networks using genetic algorithms in the training process instead of error backpropagation algorithm. Additionally real encoding is preferred to binary encoding as it is more appropriate to find the optimum weights. We use learning and momentum rates...
Persistent link: https://www.econbiz.de/10013138757
This paper examines the well know day of the week effect on stock returns. Various approaches have been developed and applied in order to examine calendar effects in stock returns and to formulate appropriate financial and risk portfolios. We propose an alternative approach in the estimation of...
Persistent link: https://www.econbiz.de/10013144376
The purpose of the paper is to test empirically the existence of the environmental Kuznets curve (EKC), using existing and new Panel Smoothing Transition Regressions (PSTR) in the city of London. More specifically, two new PSTR are proposed, the Gaussian and the Generalized Bell function used...
Persistent link: https://www.econbiz.de/10013089480
In this paper we propose an alternative and modified Generalized Regression Neural Networks Autoregressive model (GRNN-AR) in S&P 500 and FTSE 100 index returns, as also in Gross domestic product growth rate of Italy, USA and UK. We compare the forecasts with Generalized Autoregressive...
Persistent link: https://www.econbiz.de/10013126947
Unemployment can negatively affect individuals, their families and communities in various ways. When individuals are out of work may experience mental and physical health problems, material deprivation and poverty. This study aims to examine the impact of unemployment benefits on health, living...
Persistent link: https://www.econbiz.de/10012837217
This paper examines the factors that are contribute at the most explained and efficient way to health expenditures in Greece. Two methods are applied. Multiple regressions and vector error correction models are estimated, as also unit root tests applied to define in which order variables are...
Persistent link: https://www.econbiz.de/10012715330