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We consider the problem of estimating the covariance of two diffusion processes when they areobserved only at discrete times in a non-synchronous manner. The modern, popular approach in theliterature, the realized covariance estimator, which is based on (regularly spaced) synchronous data, isproble
论文类别:Financial Management人气:2656论文属性:硕士毕业论文 thesis加入时间:2010-06-27收费论文 Charging Thesis
Abstract:We analyze the effects of non-synchronicity and market microstructure noise on realized covari-ance type estimators. It is shown that non-synchronicity leads to severe biases, whenever synchro-nization methods that employ last-tick interpolation are used. We study a simple estimator whichr
论文类别:Financial Management人气:2296论文属性:硕士毕业论文 thesis加入时间:2010-06-27收费论文 Charging Thesis
Abstract:Existing empirical work on realized covariances partitions the trading day in 5- or 30-minute intervals and then computes the sample covariance based on the resulting 5- or 30-minute returns. Such frequencies are heuristically or subjectively chosen to minimize the bias and avoid market mi
论文类别:Financial Management人气:2441论文属性:硕士毕业论文 thesis加入时间:2010-06-27收费论文 Charging Thesis
Abstract:This paper is about how to estimate the integrated covariance hX, Y iT of two assets over a fixed time horizon [0, T], when the observations about X and Y are “contaminated” and when such noisy observations are at discrete, but not synchronized, times. We show that the usual previous
论文类别:Financial Management人气:2275论文属性:硕士毕业论文 thesis加入时间:2010-06-27收费论文 Charging Thesis
Abstract Since the mid- Ic)7Os a number of studies have investigated the nature and frequency of corporate social re- sponsibility disclosures, their patt
论文类别:MBA人气:3949论文属性:职称论文 Scholarship Papers加入时间:2010-06-25收费论文 Charging Thesis
In the social and environmental area of accounting, legitimacy theory has become one of the most cited theories among others. A lot of researchers still have deep doubt that if it offers any real insight into the voluntary disclosures of corporations. This paper st
论文类别:Accounting人气:5750论文属性:硕士毕业论文 thesis加入时间:2010-06-22免费论文 Free Thesis
Abstract. Knowledge Visualizer (KV) uses a General Logic Diagram (GLD) todisplay examples and/or various forms of knowledge learned from them in a planarmodel of a multi-dimensional discrete space. Knowledge can be in di&re
论文类别:Education人气:2214论文属性:硕士毕业论文 thesis加入时间:2010-06-21收费论文 Charging Thesis
Infrastructures Abstract: This article aims to stimulate research on business process oriented knowledinfrastructures by pointing to the power of visualizations. It claims that business proceo
论文类别:MBA人气:2376论文属性:硕士毕业论文 thesis加入时间:2010-06-21收费论文 Charging Thesis
IntroductionTaxes are contributions towards the support of an organized entity and taxes and taxation have been a factor of life in organized society from ancient times to our present. It has only been in the last hundred years or so that taxation has become a more complicated part of our lives
论文类别:Economics人气:2574论文属性:学期论文 termpaper加入时间:2010-06-21原创论文 Original thesis
Abstract The present study presents a detailed report of a project implemented to solve the problems that improve students’ reading ability through good work organization. It is hypothesized that students’ reading ability can be improved by increasing reading skills, understanding specification
论文类别:Education人气:3275论文属性:职称论文 Scholarship Papers加入时间:2010-06-20原创论文 Original thesis
[Abstract] Estuary English, as a new variety of English, lies s omewhere in the middle bet ween the Received Pronunciati on (or RP) and London speech . It has p r ominent phonetic and grammatical features, and iswidely sp read in England . Some peop le say itmay rep lace the Received Pr onunciati o
论文类别:英语语言学人气:8232论文属性:职称论文 Scholarship Papers加入时间:2010-06-14免费论文 Free Thesis
Discrimination on the grounds of race became unlawful with the introduction of the Race Relations Act 1976 (RRA). The Act makes it illegal to discriminate against someone on the grounds of nationality and colour, or ethnic, racial, or national group. The RRA contains provisions ou
论文类别:civil law人气:6601论文属性:职称论文 Scholarship Papers加入时间:2010-06-12原创论文 Original thesis
Ok, this is easy. This is not realy phreaking, but still kind of phun. This only works on Bell Atlantic fones and pay fones. All right, to make a Bell Atlantic fone ring all you have to do is dial 811 then the last four digits of the numer from which you
论文类别:Social Studies人气:1945论文属性:短文 essay加入时间:2010-06-10免费论文 Free Thesis
【 Abstract】 This paper firstly analyzes the definition, components and different types of experimental research and also discuss the characteristicsof its design. Then it demonstrates its practical application on a concrete example. Lastly, the author concludes it with some suggestions. 
论文类别:英语论文范文人气:4259论文属性:职称论文 Scholarship Papers加入时间:2010-06-07免费论文 Free Thesis
A company’s report and account is the principle way in which shareholders and others keep themselves informed on the activities, progress and future plans of a company which normally produced annually. There are 4 basic components that have to be contained in the annual report, they are a direct
论文类别:Accounting人气:2254论文属性:学期论文 termpaper加入时间:2010-06-02收费论文 Charging Thesis