Download or read book Demystifying the Meese Rogoff Puzzle written by I. Moosa and published by Springer. This book was released on 2014-12-17 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the past 30 years international monetary economists have believed that exchange rate models cannot outperform the random walk in out-of-sample forecasting as a result of the 1983 paper written by Richard Meese and Kenneth Rogoff. Marking the culmination of their extensive research into the Meese-Rogoff puzzle, Moosa and Burns challenge the orthodoxy by demonstrating that the naïve random walk model can be outperformed by exchange rate models when forecasting accuracy is measured by metrics that do not rely exclusively on the magnitude of forecasting error. The authors present compelling evidence, supported by their own measure: the 'adjusted root mean square error', to finally solve the Meese-Rogoff puzzle and provide a new alternative. Demystifying the Meese-Rogoff Puzzle will appeal to academics with an interest in exchange rate economics and international monetary economics. It will also be a useful resource for central banks and financial institutions.
Download or read book Econometrics as a Con Art written by Imad A. Moosa and published by Edward Elgar Publishing. This book was released on 2017-07-28 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Imad Moosa challenges convention with this comprehensive and compelling critique of econometrics, condemning the common practices of misapplied statistical methods in both economics and finance.
Download or read book Risk and Trading on London s Alternative Investment Market written by J. Board and published by Springer. This book was released on 2015-01-27 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: The alternative investment market (AIM) has seen rapid growth over its 19 years, and has emerged as the market of choice for smaller, newer companies, both in the UK and abroad. However, it has often had a volatile reputation among investors, who have commonly perceived stock in the AIM as more risky than the main market. In this book, a group of leading financial analysts conduct an extensive empirical study to compare the relative volatility of two UK equity markets run by the London Stock Exchange, over a ten year period. They analyse the comparative risks involved in the alternative investment market, the market of growing companies, and the 'main market', the market for more established companies. This book analyses the volatility of the alternative investment market, using a variety of techniques and approaches. It compares the volatility of stocks in the markets, exploring variables such as size, industry, age and market switches. Using refined methods to focus on the difference between the markets, the authors provide a convincing study to challenge the idea that the alternative investment market is higher risk than the main market.
Download or read book Public Choice Economics and the Salem Witchcraft Hysteria written by Franklin G. Mixon, Jr. and published by Springer. This book was released on 2015-01-12 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public Choice Economics and the Salem Witchcraft Hysteria provides an economics perspective on the witchcraft episode, and adds to the growing body of work analyzing prominent historical events using the tools of economics.
Download or read book Audiovisual Translation in the Digital Age written by S. Massidda and published by Springer. This book was released on 2015-01-12 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pioneering study on fan translation focuses on Italian fansubbing as a concept, a vibrant cultural and social phenomenon which is described from its inception in 2005 to today. It explores far-reaching issues related to fansubbing and crowdsourcing, highlighting in particular the benefits and drawbacks of Web 2.0.
Download or read book Places of Memory written by K. Digan and published by Springer. This book was released on 2014-12-22 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: Places of Memory examines the post-war history of the site where the 1942 Wannsee Conference was held. The author analyses the different uses of the house to investigate how a site turns into a site of memory.
Download or read book Shin Kanemaru and the Tragedy of Japan s Political System written by U. Kruze and published by Springer. This book was released on 2015-01-28 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shin Kanemaru (1914-1996) served as a key power broker at the national level in Japan from the 1970s until the early 1990s. He was at the heart of the '1955 system' of conservative political rule. Though never Prime Minister himself, he controlled or strongly influenced the administrations of five Japanese Prime Ministers.
Download or read book Climate Change and Individual Responsibility written by Wouter Peeters and published by Springer. This book was released on 2015-02-03 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the agency and responsibility of individuals in climate change, and argues that these are underemphasized, enabling individuals to maintain their consumptive lifestyles without having to accept moral responsibility for their luxury emissions.
Download or read book Youth Practices in Digital Arts and New Media Learning in Formal and Informal Settings written by J. Black and published by Springer. This book was released on 2015-02-22 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors examine youths' practices in digital culture affecting social change, pedagogy, and creative learning practices. Knowledge about these practices is discussed, in which learning, knowledge sharing, distinct social contexts, pedagogical relationships, and artistic creative inquiry are examined in diverse formal and informal environments.
Download or read book The Economics of the Audiovisual Industry Financing TV Film and Web written by Mario La Torre and published by Springer. This book was released on 2016-12-23 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is open access under a CC BY licence. Recent reductions in public funding for audiovisual products have led to dramatic changes in the industry. The lack of interaction between the industry and capital markets has made sourcing funds for audiovisual products especially difficult. This book explains why the distance between the audiovisual and financial markets exists, and considers the perspective of both audiovisual companies and financial intermediaries. Providing a thorough overview of the audiovisual industry in three major categories (television, cinema and web), it analyses the financing behind each. The author adapts the traditional assessment methods to include exploitation rights, distribution deals and risk determinants ; he also proposes a pricing model for the audiovisual products demonstrating that prices and values in a industry of prototype goods do not depend solely on cost and revenue. The book also includes a methodology for analysing the economics of the sector, the different sales agreements between broadcasters and the distribution deals between distributors and independent producers. Finally, a description of the main financial products for private finance is provided, as well as an explanation of how public funds can act as leverage to catalyze private resources through the use of guarantee funds. In The Economics of the Audiovisual Industry the author suggests that rather than relying on subsidized public support, the audiovisual industry should foster private-public partnerships and market dynamics to promote an alternative funding model based on a profitable and long-lasting connection between the audiovisual and financial markets. The valuation model, both for products and firms, proposed in this book are at the basis of this new approach.
Download or read book Contingent Faculty Publishing in Community Case Studies for Successful Collaborations written by L. Guglielmo and published by Springer. This book was released on 2014-12-23 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributors argue that the key to innovative teaching and scholarship lies in institutional support for the contingent labor force, and they encourage contingent faculty to organize self-mentoring groups, create venues for learning/disseminating their experiences and findings, and connect scholarship to service and teaching in novel ways.
Download or read book The Role of Creative Ignorance Portraits of Path Finders and Path Creators written by P. Formica and published by Springer. This book was released on 2014-12-21 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally, company experts and outside collaborators innovate by developing the knowledge map. Success or failure of incremental innovation hinges on this path. The Role of Creative Ignorance suggests the knowledge map should be abandoned and replaced with a new methodology, that of creative ignorance. With over 30 years of experience in international economics and entrepreneurship, Piero Formica explores the concept of creative ignorance in combination with path creation and its disruptive effect on entrepreneurship. Using narrative examples of innovators and companies worldwide, he introduces the characteristics of successful path creators that overstep the boundaries set by knowledge maps to open up new, unprecedented routes and connect them each other. In doing so, path creators reveal latent, unexpressed needs of consumers and drive innovation forward.
Download or read book Social Urbanism and the Politics of Violence written by K. Maclean and published by Springer. This book was released on 2015-01-23 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Medellín, Colombia, used to be the most violent city on earth, but in recent years, allegedly thanks to its 'social urbanism' approach to regeneration, it has experienced a sharp decline in violence. The author explores the politics behind this decline and the complex transformations in terms of urban development policies in Medellín.
Download or read book Economic Equality and Direct Democracy in Ancient Athens written by Larry Patriquin and published by Springer. This book was released on 2015-12-05 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that ancient democracy did not stop at the door of economic democracy, and that ancient Athens has much to tell us about the relationship between political equality and economic equality. Athenian democracy rested on a foundation of general economic equality, which enabled citizens to challenge their exclusion from politics.
Download or read book Maritime Piracy and Its Control An Economic Analysis written by C. Hallwood and published by Springer. This book was released on 2014-12-15 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: Maritime Piracy and its Control develops an economic approach to the problem of modern-day maritime piracy with the goal of assessing the effectiveness of remedies aimed at reducing the incidence of piracy.
Download or read book Economic Inequality and Policy Control in the United States written by M. Stelzner and published by Springer. This book was released on 2015-01-23 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: The income share of the top one percent of the population in the United States has increased from a little over nine percent of national income in the 1970s to 22.46 percent in 2012 a 144 percent increase. What is driving this astronomic growth in incomes for some? Is it possibly the result of non-meritorious forces? If so, how has this incredibly unequal development coexisted, and indeed worsened, in a political system based on equality? In Economic Inequality and Policy Control in the United States, Stelzner tackles each of these questions, and, in order to further develop understanding, Stelzner looks to the past and analyzes our experience with income inequality and the orientation of laws and institutions from the Gilded Age through the New and Fair Deal. He concludes that we have the tools to tackle inequality at present the same policies we used during the New and Fair Deal. However, in order to make change durable, we have to eliminate the undemocratic elements of our political system.
Download or read book Publish or Perish written by Imad A. Moosa and published by Edward Elgar Publishing. This book was released on 2018-01-26 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Imad Moosa’s thought-provoking book explores the contemporary doctrine that plagues the academic sphere: the principle of publish or perish. This book identifies the pressures placed upon academics to either publish their work regularly, or suffer the consequences, including lack of promotion, or even redundancy.
