Forex Market Behaviour : Application Of High Frequency Data.,
2010
Universiti Malaya
Forex Market Behaviour : Application Of High Frequency Data., Tan Heng Kiat
Student Works (2010-2019)
The huge and high frequency trading in foreign exchange market creates the need for an analytical method that can provide a view on the volatility. Traditional methods such as GARCH are proven to have limitations when applied to high frequency data, such as those generated in foreign exchange market.In this thesis, wavelet method is applied to high frequency data of EURO/USD, GBP/USD and YEN/USD currency pairs and of one minute resolution. The period of this behavioral study is from one hour before 1pm GMT to one hour after 1pm GMT for every Mondays from June 2008 to Dec 2008. The …
The Effects Of Marital Status & Gender On Health Care Insurance Coverage In The United States,
2010
Illinois Wesleyan University
The Effects Of Marital Status & Gender On Health Care Insurance Coverage In The United States, Jessica S. T. Kong
Honors Projects
Having health insurance is a crucial factor for many to sustain life in America. This study examines the demographic determinants of health care coverage within the United States with a focus on how gender and marital status influence the likelihood of having health insurance. Using the human capital theory and the theory of statistical discrimination, it is predicted that married females will have a higher probability of being insured than divorced and separated females. Also, divorced males are predicted to have a higher probability of coverage than divorced females. The data for this research is retrieved from the United States …
Examining Success At The Domestic Box-Office In The Motion Picture Industry,
2010
Illinois Wesleyan University
Examining Success At The Domestic Box-Office In The Motion Picture Industry, Patrick Topf
Honors Projects
The movie business is a multi-billion dollar industry involving production crews, marketing crews, actors, directors, distribution companies, movie theaters, and movie rental companies, but while each movie created follows the same routine, why do some perform so much better than others at the box-office? Why did Juno become a smash hit, while Poseidon is regarded as a major box-office bomb? This study investigates the impact of production cost, star power, professional reviews, release date, sequels, genre, age-rating, and distribution company on total domestic box-office revenue of the widely released films from January 2006 to December 2008.
Rhode Island Current Conditions Index — April 2010,
2010
University of Rhode Island
Rhode Island Current Conditions Index — April 2010, Leonard Lardaro
The Rhode Island Current Conditions Index
No abstract provided.
A New Stock Index To Better Predict The United States' Real Gdp,
2010
Bryant University
A New Stock Index To Better Predict The United States' Real Gdp, William Nette
Honors Projects in Finance
The relationship between the United States’ real GDP and the overall stock market has been acknowledged by researchers and investors alike. This research paper will document a newly created composite index that will try to more accurately predict the overall U.S. economy through the proxy of GDP than the current S&P 500 index. Success will be determined if the composite index representing the addition of a service sector component to the S&P 500 is more correlated to U.S. real GDP than the S&P 500 alone. The results suggest that the service sector is not quite adequately in the S&P 500. …
Microeconomic Study Of A Labor Union: An Econometrics Analysis Of How The Nhl Salary Cap Has Affected The Competitive Balance Of The Nhl And Determinants Of Team Revenue,
2010
Lynchburg College
Microeconomic Study Of A Labor Union: An Econometrics Analysis Of How The Nhl Salary Cap Has Affected The Competitive Balance Of The Nhl And Determinants Of Team Revenue, Lauren Grossman
Undergraduate Theses and Capstone Projects
This thesis is a microeconomic study of labor unions and a business analysis of a professional sports industry. It will examine the effects of the salary cap in the National Hockey League. The 2004-05 NHL season was cancelled due to a lockout because the National Hockey League Players' Association and the team owners could not come to an agreement on salaries. As a result, the Players' Association and the owners came to an agreement that included the implementation of a salary cap and revenue sharing. The purpose of this thesis is to determine whether or not the implementation of the …
Rhode Island Current Conditions Index — March 2010,
2010
University of Rhode Island
Rhode Island Current Conditions Index — March 2010, Leonard Lardaro
The Rhode Island Current Conditions Index
No abstract provided.
Simulation-Based Estimation Methods For Financial Time Series Models,
2010
Singapore Management University
Simulation-Based Estimation Methods For Financial Time Series Models, Jun Yu
Research Collection School Of Economics
This paper overviews some recent advances on simulation-based methods of estimating time series models and asset pricing models that are widely used in finance. The simulation based methods have proven to be particularly useful when the likelihood function and moments do not have tractable forms and hence the maximum likelihood method (MLE) and the generalized method of moments (GMM) are difficult to use. They can also be useful for improving the finite sample performance of the traditional methods when financial time series are highly persistent and when the quantity of interest is a highly nonlinear function of system parameters. The …
Rhode Island Current Conditions Index — February 2010,
2010
University of Rhode Island
Rhode Island Current Conditions Index — February 2010, Leonard Lardaro
The Rhode Island Current Conditions Index
No abstract provided.
Semiparametric Estimator Of Time Series Conditional Variance,
2010
Oregon State University
Semiparametric Estimator Of Time Series Conditional Variance, Santosh Mishra, Liangjun Su, Aman Ullah
Research Collection School Of Economics
We propose a new combined semiparametric estimator, which incorporates the parametric and nonparametric estimators of the conditional variance in a multiplicative way. We derive the asymptotic bias, variance, and normality of the combined estimator under general conditions. We show that under correct parametric specification, our estimator can do as well as the parametric estimator in terms of convergence rates; whereas under parametric misspecification our estimator can still be consistent. It also improves over the nonparametric estimator of Ziegelmann (2002) in terms of bias reduction. The superiority of our estimator is verfied by Monte Carlo simulations and empirical data analysis.
Determinants Of Hyperinflation: An Analysis Of Argentina,
2010
Bryant University
Determinants Of Hyperinflation: An Analysis Of Argentina, Eric Fudge
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines the history of inflation rates in Argentina compared to other economic factors, including: GDP, national budget, money supply, exchange rate, and unemployment levels. Using data from the World Bank and Centre of International Economics this paper will give insight into some of the causes of high inflation levels that were evident in Argentina throughout the 1980s, peaking with hyperinflation in 1989 and 1990. Results from analyzing statistics pertaining to Argentina’s economy from 1980 to present suggest that perpetual budget deficits led the government to print money more rapidly, causing a significant decrease in currency valuation and thus …
Trusts Versus Corporations: An Empirical Analysis Of Competing Organizational Forms,
2010
Syracuse University
Trusts Versus Corporations: An Empirical Analysis Of Competing Organizational Forms, A. Joseph Warburton
College of Law - Faculty Scholarship
This paper studies the effects of organizational form on managerial behavior and firm performance, from an empirical perspective. Managers of trusts are subject to stricter fiduciary responsibilities than managers of corporations. This paper examines the ramifications empirically, by exploiting data generated by a change in British regulations in the 1990s that allowed mutual funds to organize as either a trust or a corporation. I find evidence that trust law is effective in curtailing opportunistic behavior, as trust managers charge significantly lower fees than their observationally equivalent corporate counterparts. Trust managers also incur lower risk. However, evidence suggests that trust managers …
Rhode Island Current Conditions Index — January 2010,
2010
University of Rhode Island
Rhode Island Current Conditions Index — January 2010, Leonard Lardaro
The Rhode Island Current Conditions Index
No abstract provided.
Do Bank Mergers Create Shareholder Value? An Event Study Analysis,
2010
Macalester College
Do Bank Mergers Create Shareholder Value? An Event Study Analysis, Varini Sharma
Award Winning Economics Papers
This paper investigates the economic role of bank mergers in creating shareholder value based on the idea that shareholder wealth will increase if the consolidation leads to the aforementioned gains. This paper is divided into seven sections. The second section of my paper provides an academic review of the literature, focusing on econometric theory that tests the gains in shareholder value and corporate synergies after a merger. The third section introduces a conceptual model I have designed using econometric tools to test how bank mergers create shareholder value. The fourth section embarks on a discussion about my ideal data followed …
Modeling The Effects Of Peremptory Challenges On Jury Selection And Jury Verdicts,
2010
University of New Hampshire School of Law
Modeling The Effects Of Peremptory Challenges On Jury Selection And Jury Verdicts, Roger Allen Ford
Law Faculty Scholarship
Although proponents argue that peremptory challenges make juries more impartial by eliminating “extreme” jurors, studies testing this theory are rare and inconclusive. For this article, two formal models of jury selection are constructed, and various selection procedures are tested, assuming that attorneys act rationally rather than discriminate based on animus. The models demonstrate that even when used rationally, peremptory challenges can distort jury decision making and undermine verdict reliability. Peremptory challenges systematically shift jurors toward the majority view of the population by favoring median jurors over extreme jurors. If the population of potential jurors is skewed in favor of conviction …
The Crime Rate In America: How Influential Is The Economy In Affecting The Level Of Crime?,
2010
Bryant University
The Crime Rate In America: How Influential Is The Economy In Affecting The Level Of Crime?, Joseph Kuhar
Empirical Economic Bulletin, An Undergraduate Journal
This paper explores the determinants of the crime rate, and whether or not the economy and its many indicators play a substantial role in affecting this rate. Many factors affect the crime rate in a given country/state/area including the number of police, the rate at which crime is reported, as well as the population. This paper will explore the following variables: the crime rate (dependent), number of police, conditions that affect the crime rate, the reported crime rate, and the reporting rate. It will also analyze the following economic conditions and whether or not they have a substantial effect on …
The Effect Of Education On Property Crime Across State,
2010
Bryant University
The Effect Of Education On Property Crime Across State, Wes Andrews
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the effects/importance of these independent variables (High School Graduation Rate, GDP growth Rate, GDP per capita, expenditures per capita in terms of police force, expenditures per capita in terms of the court system, employment rate, percentage of people with college degrees, and the average wage rate) on property crimes across the 50 states. The study will use OLS in order to examine the influence of these variables. Based on reviews of other similar studies it is expected that there is a negative correlation between the amount of schooling and property crime.
The Long-Run Relationship Between Inflation And Unemployment In Malaysia,
2010
Bryant University
The Long-Run Relationship Between Inflation And Unemployment In Malaysia, Matthew Tremblay
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the long-run relationship between inflation and unemployment in the economy of Malaysia between 1972 and 2004. Basing my model off of an investigation by Fair (1997), this study will attempt to quantify the relationship between inflation rates, unemployment, wage rates, changes in production, and a measure of demand pressure. Using macro-level data from various sources, it is expected that the results will suggest periods of high inflation are directly related to high unemployment, decreased wage rates, lower production levels, and substantially weak demand pressures.
The Impact Of Socioeconomic And Environmental Factors On Infant Mortality In The U.S.,
2010
Bryant University
The Impact Of Socioeconomic And Environmental Factors On Infant Mortality In The U.S., Tai Abukasis
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines socioeconomic and environmental agents that may affect infant mortality rates among Whites, Blacks, and Hispanics in the United States. Data was collected at the state level from both federal and private databases. Three separate ordinary least squares regressions were taken for each of the aforementioned demographics. The correlations between the independent variables and infant mortality were examined from a racially-based perspective to further evaluate potential underlying causes regarding geographic, financial, and environmental constituents. Analysis of the regressions revealed that particular variables affect the rate of infant deaths among races differently and that racial disparity continues to exist …
The Impact Of An Economic Recession On Etf Sectors: Which Etf Sectors Are Most Recession-Proof?,
2010
Bryant University
The Impact Of An Economic Recession On Etf Sectors: Which Etf Sectors Are Most Recession-Proof?, Salvatore Galbo
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates which ETF sectors are most recession-proof by focusing on sector performance and finding the possibility of a positive or negative correlation between specific sectors and the overall market performance during such recessionary times. The study compares the percentage gain or loss by each ETF sector with regression analysis to determine which sectors perform better than the overall market performance during an economic downturn. The study incorporates the most recent recession and the recession during 2001, when the technology bubble burst occurred, to find any relevance and/or consistency in my study. The results show that out of all …
