A Screening Programme that Worked: Discussion Paper

Sta Scheduling: A Simple Approach that Worked

This paper describes our experiences in solving a real staa scheduling problem. We experimented with a variety of approaches that included: studying the structure of the problem as list-coloring in interval graphs, using constraint-based methods, using greedy algorithms, and using a variety of iterative improvement approaches. In the end, a very simple randomized greedy algorithm proved able to...

Market-timing Strategies That Worked

In this paper, we present a few simple market-timing strategies that appear to outperform the “buy-and-hold” strategy, with real-time data from 1970 to 2000. Our focus is on spreads between the E/P ratio of the S&P 500 index and interest rates. Extremely low spreads, as compared to their historical ranges, appear to predict higher frequencies of subsequent market downturns in monthly data. We c...

Discussion Paper

This paper discusses recent developments in the market for agricultural land in Slovakia related to the new law on land acquisition. The stated objective of this law is to protect agricultural land from non-agricultural use. We analyze landrelated data as reported by sellers in the newly established Registry of offers of agricultural land administered by the Ministry of Agriculture and Rural De...

Discussion Paper

The financial and non-financial involvement of venture capitalists is supposed to be positively correlated with firm performance. This paper deals with the evaluation of the impact of venture capitalists on employment growth of new founded firms. Differences between high-tech and low-tech industries as well as the impact of other investors are analyzed. The estimation results show that survivin...

Discussion Paper