In this paper we propose to model short-term interest rates by taking into consideration both the asymmetric properties of returns, using Pearson’s type IV distribution, and the time-varying volatility, using GARCH models. ...

The aim of this article is to measure economic development and the impact of economic globalisation under the prism of global political economy. Global political economy is a field of study that has its roots in ...

Forecasting has a long history. An understanding of such history coupled with the study of the empirical evidence can provide invaluable information for improving the accuracy and usefulness of predictions. Statistical ...

Lately there has been a renewed interest in strategic planning after more than a decade of focusing on operational concerns such as total quality, downsizing, benchmarking and reengineering. Will strategic planning provide ...

It is generally accepted that private productive in vestments constitute a valuable reinforcement for every economy and especially for the economies of small countries, countries which suffer from public burdens (loans ...

This proposed project is not viable in profitable terms to private enterprise, so it applied a modified version of the CVM (Contingent Valuation Method) to realize this project. A survey was conducted in Lefkada Island ...

The main purpose of the paper will be to look at the influence of a change in perspective (namely, getting away from the input/output model) on social systems. in general, and management ones, more specifically. The ...

Management Commentary Index (Ma.Co.I) is a composite measuring index developed for the detailed evaluation of narrative disclosure quality, as this has been delineated by the Financial Accounting Standards Board—FASB and ...

This analysis is devoted to the national culture and its linkage with individual behaviour and work-related values. The authors will investigate into what extent the national culture underpins individual behaviour.

Available approaches to statistical forecasting suffer from several deficiencies (problems) that render their predictions for real-world economic/business series inappropriate. In this paper I illustrate such deficiencies, ...

Greece and Greek firms are behind their counterparts in advanced countries. This paper discusses the situation of Greek firms and proposes various strategies to be able to more successfully compete in the emerging new economy.

The SIBYL/RUNNER interactive forecasting system is a comprehensive package of time-shared computer programs that seek to handle four essential forecasting functions. The first is screening alternative forecasting techniques ...

Supply Chain Management is in the core of businesses’ operational activities worldwide. Its main purpose is the proper management of resources and the assurance of the sustainable operation of the economic entities. However, ...

VaR (value-at-risk) estimates are currently based on two main techniques: the variance-covariance approach or simulation. Statistical and computational problems affect the reliability of these techniques. We illustrate a ...

This paper describes and applies a nonparametric model for pricing multivariate contingent claims. Multivariate contingent claims are contracts whose payoffs depend on the future prices of more than one underlying variable. ...

Les lois de développement qui ont été périodiquement mises en oeuvre en Grèce n'ont pas toujours comporté d'incitations financières. Cette absence pouvait s'expliquer de plusieurs manières, soit que l'on ait préféré alors ...

The new Government announced the five priorities of its governmental program that refer to matters of foreign affairs, defence economic and developmental policies, to the institutions and t public administration, Education, ...

In Part I, we extended the work of Ashby [1,2] to develop an analytical framework for determining the relation betweén system size and system stability. It was established that, for linear dynamic systems, as the number ...

The concept of a system has been identified in a large number of disciplines; biology, management science, economics, sociology, political science, theology, law, etc., have profited by the apparatus associated with ...

Research on the quality of narrative information of annual financial reports has long been dominated by a lack of tools that permit an objective analysis of qualitative disclosure. This study is focused on accounting ...