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Answering the Skeptics: Yes, Standard Volatility Models Do Provide Accurate Forecasts

by Torben G. Andersen, Tim Bollerslev
"... Volatility permeates modern financial theories and decision making processes. As such, accurate measures and good forecasts of future volatility are critical for the implementation and evaluation of asset and derivative pricing theories as well as trading and hedging strategies. In response to this, ..."
Abstract - Cited by 561 (45 self) - Add to MetaCart
Volatility permeates modern financial theories and decision making processes. As such, accurate measures and good forecasts of future volatility are critical for the implementation and evaluation of asset and derivative pricing theories as well as trading and hedging strategies. In response to this

Volatile decision dynamics: experiments, stochastic description, intermittency control and traffic optimization

by Dirk Helbing, Martin Schönhof, Daniel Kern - New Journal of Physics
"... and traffic optimization ..."
Abstract - Cited by 12 (5 self) - Add to MetaCart
and traffic optimization

The Economic Implications of Corporate Financial Reporting

by John R. Graham , Campbell R. Harvey , Shiva Rajgopal , 2004
"... We survey 401 financial executives, and conduct in-depth interviews with an additional 20, to determine the key factors that drive decisions related to reported earnings and voluntary disclosure. The majority of firms view earnings, especially EPS, as the key metric for outsiders, even more so than ..."
Abstract - Cited by 369 (17 self) - Add to MetaCart
We survey 401 financial executives, and conduct in-depth interviews with an additional 20, to determine the key factors that drive decisions related to reported earnings and voluntary disclosure. The majority of firms view earnings, especially EPS, as the key metric for outsiders, even more so than

Leverage decision and manager compensation with choice of effort and volatility

by Abel Cadenillas , Jaksa Cvitanić , Fernando Zapatero , 2003
"... ..."
Abstract - Cited by 34 (1 self) - Add to MetaCart
Abstract not found

Environmental Volatility, Development Decisions and Software Volatility: A Longitudinal Analysis

by Evelyn Barry, Chris Kemerer, Sandra Slaughter, Ra Slaughter
"... t almost the same rate as enhancements. (Product Development Decisions; Product Volatility; Product Life Cycle; Software Volatility; Environmental Volatility; Software Development; Software Evolution; Contingency Theory; Software Maintenance; Team Management; Software process; Standard designs; Org ..."
Abstract - Cited by 2 (0 self) - Add to MetaCart
t almost the same rate as enhancements. (Product Development Decisions; Product Volatility; Product Life Cycle; Software Volatility; Environmental Volatility; Software Development; Software Evolution; Contingency Theory; Software Maintenance; Team Management; Software process; Standard designs

Forecast Evaluation and Combination

by Francis X. Diebold, Jose A. Lopez - IN G.S. MADDALA AND C.R. RAO (EDS.), HANDBOOK OF STATISTICS , 1996
"... It is obvious that forecasts are of great importance and widely used in economics and finance. Quite simply, good forecasts lead to good decisions. The importance of forecast evaluation and combination techniques follows immediately-- forecast users naturally have a keen interest in monitoring and ..."
Abstract - Cited by 157 (29 self) - Add to MetaCart
It is obvious that forecasts are of great importance and widely used in economics and finance. Quite simply, good forecasts lead to good decisions. The importance of forecast evaluation and combination techniques follows immediately-- forecast users naturally have a keen interest in monitoring

Volatility in Uruguay

by Alejandro Guerson , 2004
"... This paper evaluates public debt sustainability in Uruguay in a context of uncertainty. I perform a Monte Carlo simulation to show that the historical expenditure behavior results in deficit bias and unsustainable government finances in expected terms. I argue that this is one of the sources of macr ..."
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of macroeconomic volatility in Uruguay. An implication is that structural reforms aiming at improving incentives affecting public expenditure decisions could have a positive effect in moderating this source of volatility. To this end, the paper explores various policy options. First, it evaluates the benefits

REAL OPTION ANALYSIS -DECISION MAKING IN VOLATILE ENVIRONMENT

by dipl.oec Ivana Tomas , dipl. oec Josipa Višić
"... ABSTRACT Since the capital investments absorb significant amount of cash and determine future business activity, valuation of investment project is considered to be one of the most important decisions companies must make. For the last two decades developed countries have been using contemporary met ..."
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ABSTRACT Since the capital investments absorb significant amount of cash and determine future business activity, valuation of investment project is considered to be one of the most important decisions companies must make. For the last two decades developed countries have been using contemporary

Stochastic volatility: origins and overview

by Neil Shephard, Torben G. Andersen - Handbook of Financial Time Series , 2008
"... Stochastic volatility (SV) models are used heavily within the fields of financial economics and mathematical finance to capture the impact of time-varying volatility on financial markets and decision making. The development of the subject has been highly multidisciplinary, with results drawn from fi ..."
Abstract - Cited by 16 (0 self) - Add to MetaCart
Stochastic volatility (SV) models are used heavily within the fields of financial economics and mathematical finance to capture the impact of time-varying volatility on financial markets and decision making. The development of the subject has been highly multidisciplinary, with results drawn from

Economics of Making Nutritional Decisions with Volatile Feed Prices

by R. St-pierre
"... Historically, attractive corn prices coupled with its wide availability have led to heavy corn utilization as the main source of ..."
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Historically, attractive corn prices coupled with its wide availability have led to heavy corn utilization as the main source of
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