In this paper we propose a new approach to estimating systematic risk (the beta of an asset). The proposed method is based on a wavelet multiscaling approach that decomposes a given time series on a scale-by-scale basis. The empirical results from different economies show that the relationship between the return of a portfolio and its beta becomes stronger as the wavelet scale increases. Theref...

study of different islamic agreements efficiency in free of interest banking system through modern scientific approaches is of outmost importance. in this paper attempt has been made to study and compare the efficiency of charity loan agreement and cooperative agreements by dea approach in branches of mellat bank in kermanshah province as case study. in this direction, the data related to five ...

In this paper we propose a new approach to estimating the systematic risk (the beta of an asset) in a capital asset pricing model (CAPM). The proposed method is based on a wavelet multiscaling approach that decomposes a given time series on a scale-by-scale basis. At each scale, the wavelet variance of the market return and the wavelet covariance between the market return and a portfolio are ca...

In this paper we propose a new approach to estimating the systematic risk (the beta of an asset) in a capital asset pricing model (CAPM). The proposed method is based on a wavelet multiscaling approach that decomposes a given time series on a scale-by-scale basis. At each scale, the wavelet variance of the market return and the wavelet covariance between the market return and a portfolio are ca...

The purpose of this paper is to develop an output oriented methodology for calculating productivity growth by using Malmquist productivity index (MPI) and two different data envelopment analysis (DEA) views (optimistic and pessimistic) simultaneously, and apply it to five Iranian Commercial Banks over the four time period (2009-2013). Consequently, we have proposed a new approach called the dou...

by Zachary O’Brien 1 is a teacher candidate at Northern Vermont University. This poem was written in December 2020 as part of final reflection for one his education courses. ...

T he dominant trend in contemporary medical ethics describes ethical behavior in terms of the principles and rules that must be followed to bring it about, most notably nonmaleficence, beneficence, justice, and respect for autonomy. An alternative approach to ethics, virtue ethics, emphasizes not principles and rules, but rather the virtues, or characteristics, whose exercise will bring about e...