Narrow search
Showing 1 - 10 of 104
Cover Image
The art of fitting financial time series with Levy stable distributions
Scalas, Enrico; Kim, Kyungsik - Volkswirtschaftliche Fakultät, … - 2006
This paper illustrates a procedure for fitting financial data with alpha-stable distributions. After using all the available methods to evaluate the distribution parameters, one can qualitatively select the best estimate and run some goodness-of-fit tests on this estimate, in order to...
Persistent link: https://www.econbiz.de/10005836427
Cover Image
An empirical model of volatility of returns and option pricing
McCauley, Joseph L.; Gunaratne, Gemunu H. - Volkswirtschaftliche Fakultät, … - 2003
This paper reports several entirely new results on financial market dynamics and option pricing We observe that empirical distributions of returns are much better approximated by an exponential distribution than by a Gaussian. This exponential distribution of asset prices can be used to develop...
Persistent link: https://www.econbiz.de/10005836619
Cover Image
Institutional Clash and Financial Fragility. An Evolutionary Model of Banking Crises
Knutsen, Sverre; Sjögren, Hans - Volkswirtschaftliche Fakultät, … - 2009
There are mainly two types of theories explaining banking crisis, emanating from the monetarist school respectively institutional economics. Using an allegory, monetarists are discussing how much water in terms of liquidity that is needed to stop a fire escalating into a disaster, while...
Persistent link: https://www.econbiz.de/10005836657
Cover Image
Institutionalizing Northeast Asia: Challenges and Opportunities
Timmermann, Martina - Volkswirtschaftliche Fakultät, … - 2008
-territorial policy responses to such issues as trade, finance, the environment, human rights and human security. The copyright of this …
Persistent link: https://www.econbiz.de/10005836788
Cover Image
The scientist and the church
Nitzan, Jonathan; Bichler, Shimshon - Volkswirtschaftliche Fakultät, … - 2005
The April 21, 2005 issue of the LONDON REVIEW OF BOOKS carried a lead article titled ‘Blood for Oil?’ The paper is attributed to a group of writers and activists – Iain Boal, T.J. Clark, Joseph Matthews and Michael Watts – who identify themselves by the collective name ‘Retort.’ In...
Persistent link: https://www.econbiz.de/10005836969
Cover Image
Higher Education Trends in Eritrea
Rena, Ravinder - Volkswirtschaftliche Fakultät, … - 2007
Higher education has been viewed as a potential instrument of national economic development. Human resource development in Eritrea is important for making the nation self-reliant thus the efforts are exerted to achieve this objective. However, Eritrea has been facing so many challenges in its...
Persistent link: https://www.econbiz.de/10005837034
Cover Image
China's Impact on the Global Wind Power Industry
Lema, Rasmus; Berger, Axel; Schmitz, Hubert - Volkswirtschaftliche Fakultät, … - 2013
China’s economic rise has transformed the global economy in a number of manufacturing industries. This paper investigates whether China’s transformative influence extends to the new green economy. Drawing on the debate about how China is driving major economic changes in the world – the...
Persistent link: https://www.econbiz.de/10011257939
Cover Image
Finance and growth: New evidence from Meta-analysis
Asongu, Simplice A - Volkswirtschaftliche Fakultät, … - 2013
Purpose – In a meta-study, we have bridged the gap between the pros and cons of a questionable finance-growth nexus … genuine effect exists between financial development and economic growth. A finance-growth nexus might not be appealing in our … consistent with the mainstream positive finance-growth nexus should provide new scholarly insights into the relationship …
Persistent link: https://www.econbiz.de/10011258243
Cover Image
Optimal Tax Burden and Budget System – the Factor of Macroeconomical Stabilization
Abuselidze, George - Volkswirtschaftliche Fakultät, … - 2012
Creation of optimal tax and budget systems is one of the Difficult problems of economic science. One of the most important areas of tax reform is to develop a tax code in the aspect of optimal tax gravity. The new tax code - a step to improvement, since a number of reduced taxes and simplified...
Persistent link: https://www.econbiz.de/10011258474
Cover Image
Financing the Start-up and Operation of Immigrant-owned Businesses: the path taken by African Immigrants in the Cape Town Metropolitan Area of South Africa.
Tengeh, Robertson Khan; Ballard, Harry; Slabbert, Andre - Volkswirtschaftliche Fakultät, … - 2011
across the different ethnic groups studied. Once started, we found that the sources of additional finance available to these …
Persistent link: https://www.econbiz.de/10011259174