Showing 1 - 10 of 22
This paper examines both the linear and nonlinear causal relationships between crude oil price changes and stock market returns for the United States. In particular, the study applied a battery of unit root tests to ascertain the time series properties of crude oil price changes and stock market...
Persistent link: https://www.econbiz.de/10010289389
This paper investigates chaos in a Nigerian mutual fund, Asset and Resource Management Company Limited (ARM) for a …
Persistent link: https://www.econbiz.de/10011482594
(e.g., via limit cycles/chaos). A popular approach to solving nonlinear models is perturbation methods. I show that, as … typically implemented, these methods are incapable of finding solutions featuring limit cycles or chaos. Fundamentally …
Persistent link: https://www.econbiz.de/10013189757
This research explores five barriers, acting as obstacles to chaos in terms of policy (A), economic (B), social (C … state of the systems is then presented, the element that generates the mathematical equation specific to chaos, the block … through its components and for different economic partners, the state of chaos is explained by means of a structure with …
Persistent link: https://www.econbiz.de/10014496793
Persistent link: https://www.econbiz.de/10001496880
Persistent link: https://www.econbiz.de/10013531404
We examine the relationship between child quantity and quality. Motivated by the theoretical ambiguity regarding the sign of the marginal effects of additional siblings on children's outcomes, our empirical model allows for an unrestricted relationship between family size and child outcomes. We...
Persistent link: https://www.econbiz.de/10011599697
This paper proposes an approach to measure the extent of nonlinearity of the exposure of a financial asset to a given … components. We illustrate the method with the measurement of the degree of nonlinearity of a European style option with respect …
Persistent link: https://www.econbiz.de/10011995224
This article seeks to check the nonlinearity of the Phillips curve in Tunisia for the 1993-2012 period, relying on a …
Persistent link: https://www.econbiz.de/10012009778
The purpose of this paper is to evaluate the behavior of monetary authorities in Tunisia and Egypt, in response to changes in macroeconomic variables over time based on LSTR model. In this sense, we estimate Taylor-type equations for short-term interest rate in Tunisia and Egypt using quarterly...
Persistent link: https://www.econbiz.de/10011708720