Stylized facts
Structure and stylized facts of a deregulated power market
... Simonsen, I., Weron, R., Mo, B., Structure and stylized facts of a deregulated power market, Working Paper presented at the 1st Bonzenfreies Colloquium on Market Dynamics and Quantitativ[r] ...
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Empirically Based Modeling in the Social Sciences and Spurious Stylized Facts
... observed stylized facts’ of FX markets as stated by Holmes [25]: (i) asset prices are persistent and have, or are close to having, a unit root and are thus (close to) nonstationary; (ii) asset returns are ...
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Labor productivity, capital accumulation, and aggregate efficiency across countries: Some stylized facts
... This paper studies the cross-section dynamics of the proximate deter- minants of labor productivity: physical capital, human capital, and aggre- gate efficiency. Using a panel data set for 74 countries covering the 1950- ...
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Some Stylized Facts of Short Term Stock Prices of Selected Nigerian Banks
... Meanwhile, most of the works thus far have focused on developed financial markets with few exceptions (see [30]). For investors seeking opportunities in emerging markets however, a better understanding of the stock ...
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Commodity and Equity Markets: Some Stylized Facts from a Copula Approach
... second stylized fact: not al- lowing for time-varying parameters in the dependence distribution generates a bias toward evidence of ...last stylized fact highlights the impact of the 2008 crisis: the ...
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Martingales, the efficient market hypothesis, and spurious stylized facts
... Our main point is: the data analyses usedto arrive at the expected stylized facts have all used a technique called ‘sliding windows’ [2]. The aim of this section is to explain that sliding windows produce ...
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Technology and employment Twelve stylized facts for the digital age
... Twelve stylized facts on the relationship between technology and employment are proposed in this paper as a summary of current trends, conceptual issues, methodological approaches and research ...
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The Recurrence of Long Cycles: Theories, Stylized Facts and Figures
... So, if it could be possible to fit a logistic curve to a time series of basic innovations then we would expect the inflection point of this curve, which would signify the time point wher[r] ...
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Globalization and the Polish economy: stylized facts and simulations using a Computable General Equilibrium Model
... This effect is mainly driven by positive effects of services liberalization and an overall increase of productivity, stemming from increased imports and foreign direct investment.. The m[r] ...
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Stylized facts of the daily and monthly returns for the European stock indices during 2007 2012
... of stylized empirical facts resulted from the statistical investigation of the daily and monthly price variations of European stock market indices during the period April 2007 - March ...
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The First Oil Shock, Stylized Facts, Reflections and The Easterly Puzzle in a Forty Year Retrospective
... This convinced definitely the Opec states, which owned the 74% of world oil reserves and the 38% of the world gas reserves that the time had come for the revenge.16 The political and eco[r] ...
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Stylized facts from a threshold-based heterogeneous agent model
... When the current market price crosses one of these threshold values the agent switches once again, a new pair of thresholds is generated and the process repeats more generally, the thres[r] ...
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Cost share induced technological change and Kaldor’s stylized facts
... wage shares fixed, the theory is consistent with Marx-biased technological change.. although other outcomes are possible.[r] ...
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Manufacturing firms in Africa: Some stylized facts about wages and productivity
... This suggests that after taking per capita income differences into account labor productivity, labor costs, and monthly wages for production workers are higher in Sub-Saharan Africa on a[r] ...
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Trade policies and agricultural exports of Sub Saharan African countries: Some stylized facts and perspectives
... Tentative normative interpretation of the stylized fact of low and decreasing participation of SSA in global trade from this strand of the literature is persistent. Subramanian and Tamirisa (2001) expose the terms ...
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Revalidating Saving Investment Comovement in Nigeria: Surprises, Stylized Facts and Explanations
... Therefore, the empirical findings lead to the conclusion that a long run relationship exists among business investment INVt , national saving SAVt , Capital flow CFt , Level of moneti[r] ...
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Determinants of Health Expenditures: Stylized Facts and a New Signal
... For this empirical study, OECD Health Data are used to construct a cross-country panel dataset and examined several issues by standard analytical methods.1 In previous studies on the det[r] ...
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Essays on Building Growth From Ideas
... new stylized facts obtained in the empirical analysis to tease out the persistence of innate ability versus the socioeconomic status persistence due to intergenerational wealth ...
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An essay upon the business cycle facts: the Turkish case
... In Table 2 below, we report the stylized facts of prices and monetary variables. Of all the components in these factors, prices as expressed briefly above would have one of the primary interests in policy ...
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A Forecast Comparison of Financial Volatility Models: GARCH (1,1) is not Enough
... The motivations behind these new models range from finding a more parsimonious model like the Generalized ARCH or GARCH process to explaining some of the stylized facts in the financial [r] ...
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