Results 221 to 230 of about 25,615 (257)

The Role of Volatility Value in Power Plant Financing

The Journal of Structured Finance, 2000
Volatility value refers to the ability of merchant plants to extract value beyond normal pro forma levels by virtue of their participation in volatile power and fuel markets. Volatility value is derived from the ability to convert a MMBtu to a MWh in both spot and forward power markets, i.e., to participate in the power project9s “spark spread.” The ...
Daniel E. White, Rutherford S. Poats, Michael J. Borghi   +2 more
openaire   +1 more source

Adaptive-Lasso MGARCH for the Volatility Spillover of Transition Finance

Most transition-finance assets (green bonds, EU emission allowances, clean-energy equities) have only a few years of daily data and virtually no intraday history, rendering standard spillover tools either infeasible (high-dimensional MGARCH) or inapplicable (realized-variance VARs). We develop an Adaptive-Lasso MGARCH (AL-MGARCH) estimator that applies
Xu, Yongdeng, Lyu, Juyi, Mazouz, Khelifa
openaire   +2 more sources

Volatility Estimation in the Era of High-Frequency Finance

2019
Over the last two decades, ultra-high frequency (or tick-by-tick) transaction data has become increasingly available. This surge of high-frequency finance data has brought disruptive revolution that makes modeling asset prices as continuous-time processes more possible than ever before.
Sibo Yan, Da Yan
openaire   +1 more source

Finance and consumption volatility: Evidence from India

Journal of International Money and Finance, 2011
Abstract The main objective of this paper is to explore the determinants of private consumption growth volatility in India, focusing on the role of financial sector policies. Using data for India over the period 1950–2005, the results show that the implementation of financial repressionist policies is strongly associated with lower consumption ...
openaire   +1 more source

Finance for Growth: Policy Choices in a Volatile World [PDF]

, 2001
Understanding just how finance contributes to development—and how good policy can help guarantee its contribution—has been the focus of a major research effort in recent years. This research has included systematic case-study analyses of the experiences of specific countries, as well as more recent econometric analyses of extensive cross-country data ...
Caprio, Gerard, Honohan, Patrick
openaire  

Volatility as a Transmitter of Systemic Risk: Is there a Structural Risk in Finance?

Risk Analysis, 2022
Harald A Mieg
exaly  

Trends and Volatility in School Finance

American Journal of Agricultural Economics, 2009
Mary Clare Ahearn, Maureen Kilkenny, Sarah A. Low   +2 more
openaire   +2 more sources

Behavioral Finance: Volatility in Financial Markets

Bulletin of Chelyabinsk State University, 2021
N. V. Kim, N. A. Balysheva
openaire   +1 more source

Tracing volatility in natural resources, green finance and investment in energy resources: Fresh evidence from China

Resources Policy, 2022
Mehmet Altuntas
exaly  

Dynamic corporate investment and financing with ambiguous volatility

This paper investigates corporate investment and financing under volatility ambiguity within a moment-constrained variational preferences framework. Volatility ambiguity erodes firm value and distorts the marginal value of cash asymmetrically. Driven by precautionary motives, heightened ambiguity aversion increases the external financing-to-capital ...
Si Zuo, Haijun Wang
openaire   +1 more source