Performance, competition and the dynamics of rules: the case of a financial market

For example, for the bottom tail returns and the entire period sample, three out of five volatility marginal effects are significant and positive for the Non-euro group, indicating

When uncertainty becomes too high the economic agents become unable to make their deci- sions on the basis of a simple economic calculus. Therefore prices are no more determined by

Using machine learning on neuroimaging data, brain re- gions can be linked with external variables[1]. In particular, linear predictive models are interesting as their coefficients

According to the explanations given in Section 6.1, the machine reacts to the presence of an ambient named start to enter the first cell of the ribbon and start computation

Pour estimer le temps de parcours d’un lien, la méthode analytique classique des stocks utilise les courbes cumulatives du nombre de véhicules qui passent sur les boucles situées en

Indépendamment du fait que, pour la mécanique quantique, le sentiment d’unité qui nous relie au cosmos est le reflet d’une structure holiste plus générale, les

First, consistent with Wasmer and Weil (2004), financial imperfections raise the calibrated elasticity of labor market tightness to productivity shocks by a factor M f called

asset returns correlation) and portfolios composition for different degrees of financial integration. This constitutes a first attempt to give a full description of