منابع مشابه
The Dynamic Analysis of Baltic Exchange Dry Index
Baltic Exchange Dry Index (BDI) is an independent response of maritime market information for the trading and settlement of physical and derivative contracts. In this paper, we propose fuzzy set theory and grey system for modeling the prediction of BDI, and employ the ARIMA model for the calibration of the data structure to depict the trend. The empirical results indicate that for both short-te...
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This empirical study analyzes the information and predictive content of the Baltic Dry Index (BDI) with respect to a range of financial assets and the macroeconomy. By using panel methodological approaches and daily data spanning the period 1985–2012, the empirical analysis documents the joint predictability capacity of the BDI for both financial assets and industrial production. The results re...
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متن کاملThe Investigation of Foreign trade effect on Income disturbance between each rural income deciles of Iran.
This paper investigated the foreign trade effect on Gini coefficient in each income deciles based on VAR and VCEM models. In connection with this, the time series data over the period 1369-1394 are employed. The results indicate that, in short –term, rising in foreign trade volume rising causes the Gini coefficient lessen in all income deciles; consequently, the income disturbance will be more ...
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Earlier work by Waugh (2010) suggests that asymmetric market access costs across exporting countries are a major reason for differences in real per-capita income around the globe: 25% − 50% (depending on the measure) of world income inequality could be explained by cross-country trade cost asymmetries alone. We show that these results were driven by what we call model under-specification, an il...
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ژورنال
عنوان ژورنال: European Economic Review
سال: 2013
ISSN: 0014-2921
DOI: 10.1016/j.euroecorev.2012.12.004