- Subscribe to this page:
- RSS
- Email Alert
Centre pour la Communication Scientifique Directe
(91 results)-
White Papers
Vertical Integration, Innovation And Foreclosure
December 8, 2010, 12:00am PST
This paper studies the potential effects of vertical integration on downstream firms' incentives to innovate. Interacting efficiently with a supplier may require information exchanges, which...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Weak Insider Trading And Behavioral Finance
February 15, 2011, 12:00am PST
In this paper, the authors' study the optimal portfolio selection problem of weakly informed traders in the sense of Baudoin. Instead of considering only expected utility maximizers, they also...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Optimal Risk Financing In Large Corporations Through Insurance Captives
February 22, 2011, 12:00am PST
A captive is insurance or Reinsurance Company established by a parent group to finance its own risks. Captives mix internal risk pooling between the business units of the parent group and risk...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Fiscal Shocks In A Two Sector Open Economy
February 22, 2011, 12:00am PST
The authors use a two-sector neoclassical open economy model with traded and non-traded goods to investigate both the aggregate and the sectoral effects of temporary fiscal shocks. One central...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Product Market Regulation, Firm Size, Unemployment And Informality In Developing Economies
February 23, 2011, 12:00am PST
This paper studies the impact of product and labor market regulations on informality and unemployment in a general framework where formal and informal firms are subject to the same externalities,...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
A Flat Rate Financial Transaction Tax To Replace All Taxes?
October 29, 2010, 12:00am PDT
In this paper the author proposes a very radical reform of the taxation system, in which a single flat rate Financial Transaction Tax (FTT) is used to replace the vast majority of existing taxes...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Global Financial Crisis, Liquidity Pressure In Stock Markets And Efficiency Of Central Bank Interventions
August 1, 2010, 12:00am PDT
In this paper, the authors investigate the hypothesis of efficiency of central bank intervention policies within the current global financial crisis. They firstly discuss the major existing...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
What Can We Tell About Monetary Policy Synchronization And Interdependence Over The 2007-2009 Global Financial Crisis?
August 1, 2010, 12:00am PDT
The authors investigate the synchronization and nonlinear adjustment dynamics of short-term interest rates for France, the UK and the US using the bi-directional feedback measures proposed by...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
The Creative Intelligence
August 30, 2010, 12:00am PDT
The creative intelligence lies in the framework of the "Intelligent" way which must be used to assure creativity and, thus, innovation. As its name suggests, the creative intelligence excludes...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Fast Remote But Not Extreme Quantiles With Multiple Factors. Applications To Solvency II And Enterprise Risk Management
September 15, 2010, 12:00am PDT
For operational purposes, in Enterprise Risk Management or in insurance for example, it may be important to estimate remote (but not extreme) quantiles of some function f of some random vector....
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Innovation And Information Acquisition Under Time Inconsistency And Uncertainty
January 25, 2008, 12:00am PST
This paper analyzes the impact of hyperbolic discounting preferences on the agent's information acquisition decision who wants to undertake a potential dangerous activity for human health or the...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
The Price Of Prejudice: Labour Market Discrimination On The Grounds Of Gender And Ethnicity
August 26, 2008, 12:00am PDT
Despite some progress, there is still evidence of discrimination on the grounds of gender and ethnic or racial origins in OECD labour markets. Field experiments show pervasive ethnic...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Financial Development And Growth: A Re-Examination Using A Panel Granger Causality Test
September 9, 2008, 12:00am PDT
In this paper the authors investigate the causal relationship between financial development and economic growth. They use an innovative econometric method which is based on a panel test of the...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Mechanism For Solving Bargaining Problems Between Risk Averse Parties
September 30, 2008, 12:00am PDT
The authors propose a mechanism for resolving bargaining problems. The mechanism allows two players to make a sequence of simultaneous propositions. At any step, as long as the players have not...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Labour Market Institutions And The Personal Distribution Of Income In The OECD
November 24, 2008, 12:00am PST
A large literature has studied the impact of labour market institutions on wage inequality, but their effect on income inequality has received little attention. In this paper the authors argue...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
The Geography Of Innovation : Challenges To Technology Policy Within Regions
April 20, 2009, 12:00am PDT
The aim of this paper is to survey this empirical literature in order to highlight the main results interesting for the innovation policy. This analysis emphasises one main role of technology...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
The Economic Growth Impact Of Hurricanes: Evidence From US Coastal Counties
June 7, 2009, 12:00am PDT
The authors estimate for the first time the impact of hurricane strikes on local economic growth rates and how this is reflected in more aggregate growth patterns. To this end they assemble a...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Optimal Taxation And Monopsonistic Labor Market: Does Monopsony Justify The Minimum Wage?
June 17, 2009, 12:00am PDT
Does monopsony on the labor market in itself justify the implementation of a minimum wage when it would not be used in a competitive economy? This issue is studied in a model of optimal taxation....
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Using Premia And Nsp For Constructing A Risk Management Benchmark For Testing Parallel Architecture
January 16, 2010, 12:00am PST
Financial institutions have massive computations to carry out overnight which are very demanding in terms of the consumed CPU. The challenge is to price many different products on a cluster-like...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Determinants Of The Innovation Propensity In Tunisia: The Central Role Of External Knowledge Sources
March 16, 2009, 12:00am PDT
This paper is dedicated to the analysis of the first innovation survey of the Tunisian firms. Starting from basic mechanisms of innovation processes, the authors test a set of conjectures adapted...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Risk Taking Under Heterogenous Risk Sharing
March 22, 2009, 12:00am PDT
The authors revisit the common view that risk sharing enhances risk taking in the context of heterogeneous risk sharing in a small economy. Under low volumes of transfers, they express individual...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Energy Risk Management With Carbon Assets
August 16, 2009, 12:00am PDT
This paper proposes a mean-variance optimization and portfolio frontier analysis of energy risk management with carbon assets, introduced in January 2005 as part of the EU Emissions Trading...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Business Cycle Fluctuations And Learnin-by-Doing Externalities An A One-Sector Model
November 15, 2009, 12:00am PST
The authors consider a one-sector Ramsey-type growth model with inelastic labor and learning-by-doing externalities based on cumulative gross investment (cumulative production of capital goods),...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Long-Run Forecasting Of Emerging Technologies With Logistic Models And Growth Of Knowledge
December 10, 2009, 12:00am PST
In this paper applications of logistic S-curve and component logistics are considered in a framework of longterm forecasting of emerging technologies. Several questions and issues are discussed in...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Financial Markets Equilibrium With Heterogeneous Agents
June 2, 2010, 12:00am PDT
This paper presents an equilibrium model in a pure exchange economy when investors have three possible sources of heterogeneity. Investors may differ in their beliefs, in their level of risk...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Heterogeneity Matters: Labour Productivity Differentiated by Age And Skills
March 1, 2011, 12:00am PST
An ageing population bears important consequences for labour markets. Policy makers and an increasing number of individual organisations as well as private firms realise that early retirement of...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Comparative Risk Aversion: A Formal Approach With Applications To Savings Behaviors
January 28, 2010, 12:00am PST
The authors consider a formal approach to comparative risk aversion and apply it to intertemporal choice models. This allows asking whether standard classes of utility functions, such as those...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Cooperation Support In A Dyadic Supply Chain
February 4, 2008, 12:00am PST
To improve the supply chains performance, taking into account the customer demand in the tactical planning process is essential. It is more and more difficult for the customers to insure a certain...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Mesoscopic Modelling Of Financial Markets
June 15, 2008, 12:00am PDT
The authors derive a mesoscopic description of the behavior of a simple financial market where the agents can create their own portfolio between two investments alternatives: a stock and a bond....
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Rational Behaviour, Risk Aversion High Stakes For Society
December 31, 2008, 12:00am PST
In this paper, the term "Lack of safety" is often used with reference to the management of risks arising from intentionally malicious acts3. The costs of security in this sense of the term are an...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Long-Term Risk Management For Utility Companies: The Next Challenges
September 23, 2009, 12:00am PDT
Since the energy markets liberalisation at the beginning of the 1990s in Europe, electricity monopolies have gone through a profound evolution process. From an industrial organisation point of...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Regional Growth and Convergence : Heterogeneous Reaction Versus Interaction In Spatial Econometric Approaches
March 11, 2010, 12:00am PST
This paper presents various approaches dealing with heterogeneous reaction combined with interaction between neighboring units of observation developed in the spatial econometric literature, in...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Leapfrogging, Growth Reversals And Welfare
March 15, 2011, 12:00am PDT
The authors show that leapfrogging and growth reversals entail sizeable welfare gains and losses, respectively, in an AK economy that cannot credibly commit to investment when borrowing from...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Centralized Innovation Policy In An Agglomeration And Growth Model: A Welfare Analysis
January 31, 2011, 12:00am PST
Innovation policies are strategic tools for reinforcing long-term economic growth. If the literature highlights the need for coordination among national R&D policies, the need for transnational...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Benchmarking Local Ecological Performance Using Ecological Footprint Accounts
November 1, 2010, 12:00am PDT
Ecological footprint is good at telling how much the authors weight relative to global ecological ressources. However it tells nothing on their geographical origin and makes no distinction between...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Economic Implications Of Corporate Financial Reporting In Brazilian And European Financial Markets
November 10, 2010, 12:00am PST
The main objective of this paper is to determine how the people involved in the accounting process consider the role of accounting information in an economic environment where capital markets play...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Dynamic Knowledge Capitalization Through Annotation Among Economic Intelligence Actors In A Collaborative Environment
October 21, 2010, 12:00am PDT
The shift from industrial economy to knowledge economy in today's world has revolutionalized strategic planning in organizations as well as their problem solving approaches. The point of focus...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Competition, Innovation And Distance To Frontier
November 20, 2008, 12:00am PST
According to a recent literature, the positive effect of competition is supposed to be growing with the proximity to the technological frontier. Using a variety of indicators, the paper tests the...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Environmental Tax And The Distribution Of Income Among Heterogeneous Workers
April 22, 2010, 12:00am PDT
This paper analyzes the environmental tax policy issues when labor is heterogeneous. The objective is to assess whether an environmental tax policy could be Pareto improving, when the revenue of...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Fiscal Policy, Maintenance Allowances And Expectation-Driven Business Cycles
May 29, 2009, 12:00am PDT
Firms devote significant resources to maintain and repair their existing capital. Within a real business cycle model featuring arguably small aggregate increasing returns, this paper assesses the...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
SDR4all: A Tool for Making Flexible Radio a Reality
January 14, 2010, 12:00am PST
In this paper, the authors describe the potential of SDR4all (Software Defined Radio for all) to solve the bottlenecks and reduce the innovation cycle related to the design and implementation of...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Performance Evaluation of Reactive and Proactive Routing Protocol in IEEE 802.11 Ad Hoc Network
April 23, 2008, 12:00am PDT
Wireless technology based on the IEEE 802.11 standard is widely deployed. This technology is used to support multiple types of communication services (data, voice, and image) with different QoS...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
NetTRUST: Mixed NETworks Trust InfrastRUcture BaSed on Threshold Cryptography
June 2, 2009, 12:00am PDT
The proliferation of network technologies (wired, cellular, ad-hoc, etc.) leads to many different network architectures. These different architectures cohabitate to provide services and contents...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Profiting in the Info-Coms Industry in the Age of Broadband: Lessons and New Considerations
January 11, 2008, 12:00am PST
The authors hope that the findings from the authors' study might stimulate further work on two essential topics, which are closer to pure industrial dynamics issues: deeper analysis of the sources...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
A Test Calculus Framework Applied to Network Security Policies
December 11, 2008, 12:00am PST
The authors propose a syntax-driven test generation technique to automatically derive abstract test cases from a set of requirements expressed in a linear temporal logic. Assuming that an...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Grid of security: A New Approach of the Network Security
August 22, 2010, 12:00am PDT
Network security is in a daily evolving domain. Every day, new attacks, virus or intrusion techniques are released. Hence, network devices, enterprise servers or personal computers are potential...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
ASTEX: A Hot Path Based Thread Extractor for Distributed Memory System on a Chip
September 21, 2009, 12:00am PDT
This paper addresses the problem of partitioning C code into threads at compile time in order to map them onto System on a Chip (SoC). The Automatic Speculative Thread EXtractor, ASTEX, construct...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Extracting Threads Using Traces for System on a Chip
September 29, 2009, 12:00am PDT
This paper addresses the early exploration phase, before the hardware is available, of the design of a System on a Chip. The authors detect threads in C programs using a software only technique....
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
A Survey of Connectivity in Mobile Ad Hoc Networks
February 10, 2010, 12:00am PST
Mobile Ad hoc networks are networks without centralized infrastructures in which stations can move permanently in a given environment. One of the main issues in this domain is evaluation of...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
A Pragmatic Testing Approach for Wireless Sensor Networks
June 1, 2011, 12:00am PDT
Applications over wireless sensor networks are growing quickly. Traditional software development tools are not well adapted to this technology. In particular, adequate testing methodologies are...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
A Secure Web Service-Based Platform for Wireless Sensor Network Management and Interrogation
May 20, 2011, 12:00am PDT
A Wireless Sensor Network (WSN) is composed of small, low cost and low energy consumption devices called sensors. Those sensors are deployed in a monitored area. They capture measurements related...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
A Wireless Embedded Tongue Tactile Biofeedback System for Balance Control
May 12, 2008, 12:00am PDT
The authors describe the architecture of an original biofeedback system for balance improvement for fall prevention and present results of a feasibility study. The underlying principle of this...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Control of an Intelligent Robot System Over a Wireless Network
December 1, 2008, 12:00am PST
This paper emphasizes the control-communication co-design problem of a mobile robot with varying network load. A Khepera mobile robot driven by two dc motor-powered wheels is used as an example....
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Virtualization of Ancient Technical Objects: A New Design Process and Its Inter-Disciplinary Team
March 2, 2008, 12:00am PST
Contemporary engineering processes require numerous competences and knowledge using different semantics. The authors' research consists to design virtually ancient technical objects. The approach...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Impact of Depolarization Effects on MIMO Polarized Wireless Configuration
February 18, 2010, 12:00am PST
On wireless communication systems, Multiple-Input Multiple-Output (MIMO) systems have dramatically the potential to improve the reliability and the performance. However, the MIMO wireless channel...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Proposition of a Full Deterministic Medium Access Method for Wireless Network in a Robotic Application
June 16, 2008, 12:00am PDT
Today, many network applications require shorter react time. Robotic field is an excellent example of these needs: robot react time has a direct effect on its task's complexity. Here, the authors...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Wireless Sensor Networks Routing Over Zones
February 7, 2011, 12:00am PST
Wireless Sensor Networks (WSNs) constitute one of the recent technologies which are used to monitor and analyze large-scale, real-world phenomena, a bridge between the physical world and the...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
How Sustainability Ratings Might Deter "Greenwashing": A Closer Look At Ethical Corporate Communication
January 31, 2011, 12:00am PST
Of the many ethical corporate marketing practices, many firms use Corporate Social Responsibility (CSR) communication to enhance their corporate image. Yet consumers, overwhelmed by these more or...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Economic Consequences Of The Financial Crisis - A Keynesian Point Of View
November 6, 2008, 12:00am PST
In spite of strong empirical evidence of structural instability, mainstream macroeconomics continue postulating that individuals make optimal intertemporal decisions, as if it was sensible to base...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
The Real And Financial Implications Of The Global Saving Glut: A Three-Country Model
August 26, 2009, 12:00am PDT
The model presented in this paper has two objectives. First, it models global imbalances in a simple way while conserving real and financial approaches. This double approach is necessary because...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
A Matching Model Of The Academic Publication Market
April 28, 2011, 12:00am PDT
This paper provides a dynamic analysis of the market for academic publications. Given imperfect information about journals' editorial line, authors can sometimes target a wrong journal; in turn,...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
The Political Business Cycles In The EU Enlarged
March 27, 2008, 12:00am PDT
The rationale behind the EU enlargement has been extensively debated3. Several authors emphasised the lack of convergence between old and new members, and the risk of jeopardizing economic growth...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Patent Systems For Encouraging Innovation: Lessons From Economic Analysis
November 5, 2007, 12:00am PST
Economic theory views patents as policy instruments aimed at fostering innovation and diffusion. Three major implications are drawn regarding current policy debates. First, patents may not be the...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Dynamical Equilibrium, Trajectories Study In An Economical System. The Case Of The Labor Market
July 7, 2007, 12:00am PDT
The paper deals with the study of labor market dynamics, and aims to characterize its equilibriums and possible trajectories. The theoretical background is the theory of the segmented labor...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Firm Growth And Productivity Growth : Evidence From A Panel VAR
December 20, 2007, 12:00am PST
This paper offers new insights into the processes of firm growth by applying a reduced form Vector AutoRegression (VAR) model to longitudinal panel data on French manufacturing firms (1996-2004)....
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Distribution And Growth In France (1982-2006): A Cointegrated VAR Approach
November 27, 2007, 12:00am PST
In this paper, the authors propose a simple Post Keynesian model so as to test whether French economy is wage or profit-led i.e. whether a wage share increase has a negative or positive impact on...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Investigating Value And Growth : What Labels Hide ?
November 8, 2007, 12:00am PST
Value and Growth investment styles are a concept which has gained extreme popularity over the past two decades, probably due to its practical efficiency and relative simplicity. The authors study...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
The Exact Insensitivity Of Market Budget Shares And The «Balancing Effect»
June 19, 2007, 12:00am PDT
The authors reformulate Grandmont's and its successors' notion of behavioral heterogeneity such as to get the exact insensitivity of the aggregate budget share function with respect to changes in...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Growth, Capital Scrapping, And The Rate Of Capacity Utilisation
June 26, 2009, 12:00am PDT
The aim of this paper is to build a model in order to take into account capital scrapping (or bankruptcies) in an income distribution and growth model. The reason to introduce capital scrapping...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Optimum Income Taxation And Layoff Taxes
February 14, 2008, 12:00am PST
This paper analyzes optimum income taxation in a model with endogenous job destruction that gives rise to unemployment. It is shown that optimal tax schemes comprise both payroll and layoff taxes...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
A Taxonomy Of European Labour Markets Using Quality Indicators
May 1, 2008, 12:00am PDT
The paper proposes a critical approach of European job quality indicators. It relies on both theoretical and empirical analysis, and shows the necessity to introduce complementary variables, such...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Firms As Bundles Of Discrete Resources - Towards An Explanation Of The Exponential Distribution Of Firm Growth Rates
August 16, 2008, 12:00am PDT
A robust feature of the corporate growth process is the Laplace, or symmetric exponential, distribution of firm growth rates. In this paper, the authors sketch out a class of simple theoretical...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Financial Factors And The Margins Of Trade : Evidence From Cross-Country Firm-Level Data
September 15, 2008, 12:00am PDT
Using a large cross-country, firm level database containing 5,000 firms in 9 developing and emerging economies, the authors study how financial factors affect both firms' export decisions and the...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Searching For Innovations? The Technological Determinants Of Acquisitions In The Pharmaceutical Industry
October 15, 2008, 12:00am PDT
This paper analyzes the individual determinants of acquisition activity and target choices in the pharmaceutical industry over the period 1978-2002. The "Innovation gap" hypothesis states that...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
On The Role Of Progressive Taxation In A Ramsey Model With Heterogeneous Households
October 16, 2008, 12:00am PDT
The aim of this paper is to study the role of progressive tax rules on the allocations of steady state and the stability properties in a Ramsey economy with heterogeneous households and borrowing...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Are Small Countries Leaders Of The European Tax Competition ?
October 21, 2008, 12:00am PDT
The aim of this paper is to develop a better understanding of the literature dealing with strategic fiscal behaviours of small EU countries using estimations of tax reaction functions of competing...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
The Riskiness Of Risk Models
April 21, 2011, 12:00am PDT
The authors provide an economic valuation of the riskiness of risk models by directly measuring the impact of model risks (specification and estimation risks) on VaR estimates. They find that...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Multivariate VaRs For Operational Risk Capital Computation : A Vine Structure Approach
April 21, 2011, 12:00am PDT
The Basel Advanced Measurement Approach requires financial institutions to compute capital requirements on internal data sets. In this paper the authors introduce a new methodology permitting...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
Optimal Timing Of Regime Switching In Optimal Growth Models: A Sobolev Space Approach
December 21, 2010, 12:00am PST
This paper analyses the optimal timing of switching between alternative and consecutive regimes in optimal growth models. The authors derive the appropriate necessary conditions for such problems...
Provided by Centre pour la Communication Scientifique Directe
-
White Papers
An Experimental Investigation Of Imprecision Attitude And Its Relation With Risk Attitude And Impatience
July 20, 2010, 12:00am PDT
The authors report in this paper the result of three experiments on risk, ambiguity and time attitude. The first two differed by the population considered (students vs. general population) while...
Provided by Centre pour la Communication Scientifique Directe
Keep Up with TechRepublic
Submit a Paper
Get your content listed in our directory!
Our directory is the largest library of vendor-supplied technical content on the Web. It’s also the first place IT decision makers turn to when researching technology solutions. Our members are already finding your competitors’ papers here - shouldn’t they find yours, too? It's FREE so click here and submit your white paper, case study, data sheet, research report, or other document today!
