This paper introduces a conditional extreme value volatility estimator (EVT) based on highfrequency returns. The relative performance of the EVT is compared with the discrete-time GARCH and implied volatility models for 1-day and 20-day-ahead forecasts of realized volatility. This is also a first attempt towards detecting any time-series variation in extreme value distributions using high-frequ...

In the Internet Age, the notion that a traditional classroom with face-to-face instruction, by itself, is no longer adequate for higher education teaching and learning as one that has considerable intrinsic merit. Institutions of higher education, therefore, realize that lecture-based teaching methods alone will not prepare students for the challenges they will face. The State University of New...

The objective of this study is to measure regional income inequalities in Japan in the postwar period by using the weighted coefficient of variation and the Theil T index and explore factors determining regional income inequalities by using several inequality decomposition techniques. Regional inequality in per capita GDP, as measured by the weighted coefficient of variation, first increased an...

Land degradation is a major threat to the sustainability of human habitation, and it is essential to assess it quantitatively. Assessment of the human-induced aspect is especially important for planning appropriate prevention measures. This paper used the Three-North Shelter Forest Program region as the study area, and assessed the land degradation dynamic using a time series of summed normaliz...

background: according to the growth of photocopier usage in workplaces, the potential risk of occupational exposure to the airborne chemicals has been raised up. hence, monitoring the photocopy worker's respiratory functions seems to be necessary. we aimed to evaluate the respiratory health on photocopy and printing workers so that a reliable description can be made about their occupational hyg...

Since its implementation in 1990 the human development index (HDI), the flagship indicator of multidimensional development, has attracted a great deal of attention and critics in academic, political and media circles. It initiated a new stage in the discussion of appropriate indicators to measure socioeconomic development. Until now, the vast majority of empirical work using the HDI-concept tak...

PURPOSE This study examined whether any of a series of segmental and whole-word measures of articulatory competence captured more of the variance in impressionistic ratings of severity of involvement in speech delay. It also examined whether knowing the age of the child affected severity ratings. METHOD Ten very experienced speech-language pathologists rated severity of involvement from conve...

Tourism has become a very important and dynamic sector both in the world economy and particular in the developing countries. Its growth affects not only the activities directly linked to tourism but also other sectors. Tourism is already an important sector in some developing countries and will become so for others. Developing countries have been fast growing in tourism industry terms in the wo...

A comparative study was performed on the initial and final bacillary indexes of 213 multibacillary leprosy patients who received 12 doses (Group 1: 128 patients) or 24 doses (Group 2: 85 patients) of multidrug therapy (MDT/WHO) to measure the effectiveness of the two regimens. All patients were evaluated at treatment baseline, 12 months, and 24 months. The reduction in bacillary levels and mean...