Cotter, John; Hanly, Jim(University College Dublin. School of Business. Centre for Financial Markets, 2005-07-24)
Mixed results have been documented for the performance of hedging strategies using futures. This paper reinvestigates this issue using an extensive set of performance evaluation metrics across seven international markets. ...
We examine whether the hedging effectiveness of crude oil futures is affected by asymmetry in the return distribution by applying tail specific metrics to compare the hedging effectiveness of both short and long hedgers. ...
Cotter, John; Hanly, Jim(University College Dublin. School of Business. Centre for Financial Markets, 2007)
We examine whether hedging effectiveness is affected by asymmetry in the return distribution by applying tail specific metrics to compare the hedging effectiveness of short and long hedgers
using crude oil futures contracts. ...
This paper characterizes long-run outcomes for broad classes of symmetric games, when players select actions on the basis of average historical performance. Received wisdom is that when agent’s interests are partially ...
Neary, J. Peter(University College Dublin. School of Economics, 1989-04)
This paper examines the welfare effects of partial trade liberalization when trade is restricted by tariffs, quotas or some combination of both instruments. Rules for optimal first- and second-best intervention are derived ...
Full-flow penetrometers have been shown to overcome problems experienced with the cone penetrometer when measuring resistance in very soft peat and organic soil, and give a much more uniform measure of resistance than the ...
Walsh, Brendan M.(University College Dublin. School of Economics, 2012-03)
Answers to the Eurobarometer question on Life Satisfaction are used to explore the effects of macroeconomic performance and institutional quality on average levels of self-assessed well-being in the countries of the enlarged ...
The paper proposes a hybrid Bayesian approach
for multi-sensor data fusion for 3D localization. The approach
addresses the problem of fusing range-based and sourceless
localization estimates under conditions of varying ...
The article examines the early history of provident institutions or trustee savings banks in Ireland. Combining aggregate data and an archive-based study of one savings bank, it describes the growth and performance of this ...
In a small open economy with fixed exchange rates, tandard theory suggests that domestic inflation and interest rates should equal those abroad. In a credible target zone, the same theories suggest that inflation and ...