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We describe factors that make bidding in large spectrum auctions complex ó including exposure and budget problems, the role of timing within an ascending auction,
and the possibilities for price fore...
For the past 50 years agriculture in the developed world could be described by the
following stylized facts: 1) the declining real price of agricultural output; 2) the
movement of labour out of p...
Stock price jumps: news and volume play a minor role
Stock price jumps news volume play minor role
2010/12/17
In order to understand the origin of stock price jumps, we cross-correlate high-frequency time series of stock returns with different news feeds. We find that neither idiosyncratic news nor market wid...
The People Must Play Role in Development, Asian Development Bank President Tells Civil Society Representatives
civil society environment
2007/5/10
4 May 2007，KYOTO, JAPAN - Development cannot benefit the people unless they play a role in that development, ADB President Haruhiko Kuroda told a meeting today with representatives of civil society or...