Services through the web channel are becoming increasingly popular in the financial sector. The Stock Exchange of Thailand (SET) has implemented Internet trading as a new electronic service delivery channel, but the acceptance by securities investors has not yet been measured to assess the value of the implemented system. The two beliefs of the Technology Acceptance Model (TAM), perceived ease ...

‎This paper has two aims. The first is forecasting inflation in Iran using Macroeconomic variables data in Iran (Inflation rate, liquidity, GDP, prices of imported goods and exchange rates) , and the second is comparing the performance of forecasting vector auto regression (VAR), Bayesian Vector-Autoregressive (BVAR), GARCH, time series and neural network models by which Iran's inflation is for...

Two celebrated facts are these: that fluctuations in the terms of trade are long-lasting. And that fluctuations in the terms of trade account for large portions of the variation in the overall real exchange rate, even at long horizons. Our paper explores one simple argument: if observed traded goods prices are really a weighted sum of traded and non-traded goods, and fluctuations in the relativ...

portfolio theory assumes that investors accept risk. this means thatin the equal rate of return on the two assets, the assets were chosenthat have a lower risk level. modern portfolio theory is accepted byinvestors who believe that they are not cope with the market. sothey keep many different types of securities in order to access theoptimum efficiency rate that is close to the rate of return o...

A large body of empirical work documents that prices of traded goods change by a smaller proportion than real exchange rates between the trading countries (incomplete pass-through). The wedge between exchange rates and relative prices also varies across countries (pricing-tomarket). I present a model of trade and international price-setting with heterogeneous firms, where firms’ strategic behav...

Assignment Exchanges Paul Milgrom September 6, 2008 Abstract. We analyze assignment exchanges –auction and exchange mechanisms which are tight simplifications of direct Walrasian exchange mechanisms. These simplifications are distinguished by their use of “assignment messages,” which parameterize certain substitutable preferences. The “basic” assignment exchanges respect integer constraints, ge...