Results 51 to 60 of about 11,519 (249)
Exchange Rate Risk and Deviations From Purchasing Power Parity
ABSTRACT This paper proposes a new solution to the purchasing power parity (PPP) puzzles, arguing that investors' higher‐order risk attitudes, combined with higher‐order uncertainty about nominal exchange rates, as reflected by skewness and kurtosis, drive a risk premium that leads to deviations from PPP.
Michael G. Arghyrou +2 more
wiley +1 more source
Optimal economic and environmental arbitrage of grid-scale batteries with a degradation-aware model
Energy arbitrage is a potential revenue stream for battery operators with access to variable electricity prices. However, the power shifted by grid-scale energy storage has the potential to influence the production mix in real time, impacting the carbon ...
Cem Keske +3 more
doaj +1 more source
Expectations and Speculation in the US Natural Gas Market
ABSTRACT This paper aims to assess the role of expectations as a determinant of the real price of natural gas in the US. Three specifications of a structural VAR (SVAR) model are estimated to identify an expectations‐driven speculative demand shock. The first includes natural gas inventories, consistently with the theory of storage; the second the risk‐
Christina Anderl +1 more
wiley +1 more source
Forecasting Natural Gas Prices in Real Time
ABSTRACT This paper provides a comprehensive analysis of the forecastability of the real price of natural gas in the United States at the monthly frequency considering a universe of models that differ in complexity and economic content. We find that considerable reductions in mean‐squared prediction error relative to a no‐change benchmark can be ...
Christiane Baumeister +3 more
wiley +1 more source
Assessing the relevance of sell‐side analyst recommendations
Abstract This paper evaluates the informational value and alpha‐generating potential of sell‐side analyst recommendations. We explore this by employing a monthly portfolio‐sorted long‐short strategy based on consensus analyst recommendations. Our findings indicate that the long‐short equal‐weighted and value‐weighted portfolios yield significant excess
Ekene S. Aguegboh +2 more
wiley +1 more source
REGARD SUR LES DECISIONS SUSCEPTIBLES DE RECONNAISSANCE ET D’EXECUTION EN DROIT INTERNATIONAL PRIVE CONGOLAIS [PDF]
La matière relative à la reconnaissance et l’exécution des décisions de justice étrangères relève de la partie du Droit international privé qui traite des conflits de juridictions qui est « l’expression traditionnellement utilisée pour désigner les ...
Héritier MOLISHO BASOSILA
doaj
From Smoke to Stock: Effect of PM2.5 on Firm Performance
ABSTRACT Motivated by the severity of air pollution, especially with PM 2.5 particles in Thailand, along with the 2030 United Nations' Sustainable Development Goals (UNSDGs), we study the effects of PM2.5 (particulate matter) on firm performance in Thailand over the period of 2014–2022 and find a positive association between PM2.5 and firm performance.
Kriengkrai Boonlert‐U‐Thai +2 more
wiley +1 more source
Efficiency of Asean-5 Markets: An Detrended Fluctuation Analysis
This study intends to analyse efficiency, in its weak form, in the financial markets of Indonesia, Malaysia, Philippines, Singapore, Thailand (Asean-5), and China, during the global pandemic (Covid-19).
Rui Dias +2 more
doaj +1 more source
Entrepreneurship‐As‐Struggle: The Crises and Politics of Entrepreneurial Becomings
ABSTRACT Entrepreneurship among marginalized people in Bangladesh involves social, political, and cultural struggle against immediate crises of poverty and enduring crises of class, caste, religious, and gendered exclusions. Drawing on 25 months of ethnographic research among entrepreneurs in rural Bangladesh and the life stories of 137 entrepreneurs ...
Grace Mueller +4 more
wiley +1 more source
A CRITICAL THEORETICAL ANALYSIS ON THE IMPLICATIONS OF EFFICIENT MARKET HYPOTHESIS (EMH) [PDF]
The main aim of this article is to provide a critical but complex theoretical framework regarding Efficient Market Hypothesis (EMH). Efficient Market Hypothesis is considered the centerpiece of modern financial theory.
MINEA ELENA LOREDANA
doaj

