Results 131 to 140 of about 180,334 (290)
Improving Implied Volatility Forecasts for American Options Using Neural Networks
ABSTRACT This paper explores the application of neural networks to improve pricing of American options. Focusing on both American and European options on the S&P 100 index from January 2016 to August 2023, we integrate neural networks to model the difference between market‐implied and model‐implied volatilities derived from the Black‐Scholes and Heston
Haitong Jiang, Emese Lazar, Miriam Marra
wiley +1 more source
International Transmission of Monetary Shocks and the Non-Neutrality of International Money [PDF]
This paper investigates how monetary shocks are transmitted internationally. It shows that where a national currency is used as an international medium of exchange, the international money is non-neutral.
Dingsheng Zhang, Wenli Cheng
core
Energy security risk has a positive impact on material footprint. Renewable energy consumption reduces material footprint. ABSTRACT Following a high economic growth path, the group of G7 economies is found to be utilising more and more material, causing a material footprint (MF), which in turn contributes to pollution.
Serhat Çamkaya +4 more
wiley +1 more source
Real Rigidities and the Non-Neutrality of Money [PDF]
Rigidities in real prices are not sufficient to create rigidities in nominal prices and real effects of nominal shocks. And, by themselves, small frictions in nominal adjustment, such as costs of changing prices, create only small non-neutralities.
David Romer, Laurence Ball
core
Our analysis of 3636 participants from the nationally representative CHARLS cohort revealed that 8.7% of older adults with multimorbidities declined hospitalization despite medical necessity. This under‐utilization was associated with significant long‐term health deterioration, including reduced self‐rated health, impaired work capacity, and diminished
Yunlian Xue +3 more
wiley +1 more source
The Role of Expectations in Economic Fluctuations and the Efficacy of Monetary Policy [PDF]
We show diverse beliefs is an important propagation mechanism of fluctuations, money non neutrality and efficacy of monetary policy. Since expectations affect demand, our theory shows economic fluctuations are mostly driven by varying demand not supply ...
Hehui Jin +2 more
core
Abstract Retirees re‐entering the workforce, popularly termed as bridge employment, is a phenomenon that is anticipated to increase in the coming years. Though research establishes that these employees have unique aspirations and work motives (see Mazumdar et al., 2020), primary research on how the retirement transition and bridge employment shape each
Bishakha Mazumdar +2 more
wiley +1 more source
Talent Management in SMEs: Unraveling the Role of Contextual Factors
ABSTRACT Employing a multiple case study analysis, this paper explores the contextual factors—internal, external, and relational—that affect small and medium‐sized enterprises (SMEs) in designing their approaches to talent management (TM). Results underscore the significance of two prominent internal variables—namely, organizational size and ownership ...
Franca Cantoni +2 more
wiley +1 more source
Sticky Prices, Money and Business Fluctuations [PDF]
Can nominal contracts make a difference for the neutrality of money if these arise endogenously in general equilibrium? This paper utilizes aversion of Lucas's seminal equilibrium business cycle theory to address this question.
Joseph G. Haubrich, Robert G. King
core
Between Consistency and Adaptation: How Middle Managers Shape Compensation System Implementation
ABSTRACT The success of a human resource management (HRM) system or subsystem, such as a compensation system, hinges on its implementation—yet the microfoundations of this process remain underexplored. To address this gap, we conducted two studies. Study 1 surveyed middle managers and employees in six organizations to examine their attributions of ...
Aino Tenhiälä +3 more
wiley +1 more source

