investigating the relationships among oil prices, bond index returns and interest rates

... stimulates our interest to examine the relationship among oil price changes, bond prices, and interest rate /interest rate volatility, and list the Hypothesis 1 as follows: Hypothesis 3: The interest ... as the relationship between oil price changes and bond returns, the relationship between oil price changes and the growth of interest rates, and the relationship between oil price changes and ... that bond returns will affect oil price changes and the growth in the interest rate, and oil price changes will affect the growth of the interest rate at the 10% significant level. Thus, the...

Assessing the relationships among information technology flexibility, IT-business strategic alignment, and information technology effectiveness An investigation of business intelligence implementation

... of the central research question and the sub-questions for this study, and placed the study findings in context with the existing body of knowledge. The third section provided conclusions and ... align their effort on doing the right things that is effectiveness and doing things right which is efficiency. They should strive to strike the optimum balance between the IT efficiency and effectiveness. ... INTRODUCTION In the ever-changing and complex business environment caused by government regulations, consumer demands, globalization, and markets and competitions, enterprises in the public and private...

Báo cáo khoa học: Kininogen-derived peptides for investigating the putative vasoactive properties of human cathepsins K and L docx

... standard. However twospeciﬁc cleavage sites were identiﬁed, one at the Gly384-Phe385 bond and the other at the Arg389-Ser390 bond, which is consistent with the unique ability of cathepsin K among ... hydrolyzed the N-BK peptide mainlyat the Lys380-Arg381 bond (i.e., bradykinin-releasing site), and to a lesser extent ( 20%) at the Met-Lys bond (Fig. 2B). The hydrolysis pattern of cathepsin ... cleavage of the Arg-Ser bond, followed byhydrolysis of the Gly-Phe bond (data not shown), but notvia the initial production of kinin and the subsequent releaseof a truncated fragment. These data...

The relationship between default risk and interest rates: An empirical study research insight

... quality bonds and significant for low quality bonds. Duffee also test the correlation between callable bonds and interest rates using Moody’s and Lehman Brothers bond indices. Callable bonds show ... on the correlations between the levels of credit spread and interest rates using Moody’s bond indexes from 1960–1997. They find that corporate rates are co-integrated with government rates and ... slopes and default rates. These results are in agreement with the correlations between changes in interest rates and default rates. As can been seen in Table 4, the correlation default rates and...

Monetary Policy Surprises and Interest Rates: Evidence from the Fed Funds Futures Market doc

... to ask is whether the response of bill and bond rates to the two components differs — or indeed whether rates respond at all to predictablechanges. This can be done within the Cook and Hahn-style ... target ratechanges and other interest rates. For example, in applying the Cook and Hahn event-studyapproach to the 1987–1995 period, Roley and Sellon (1995) found that the bond rate rosea statistically ... FOMC17 the December 19 move is treated as if it occurred on the 18th, and the difference betweenclosing futures rate on the 18th and the opening rate on the 19th is used to measure the surprise...

WORKING PAPER SERIES NO 748 / MAY 2007: FINANCIAL DOLLARIZATION THE ROLE OF BANKS AND INTEREST RATES docx

... reflecting the optimalhedging strategy of firms as regards to the real return on their investments.On the one hand, if the real return is p ositively correlated with the realexchange rate then choosing ... period 1 the firm will get MV atperiod 2, where M is the real return on the project and is stochastic. Wefurther assume that the firm has no funds in period 1 and hence is forcedto borrow the entire ... of real returns and real exchangerate (ρM,S), and real returns and inflation (ρM,π) are set to be equal to 0.4 and zero respectively. We will show how the model solution changes whenthese...

Impact of high oil prices on the economy potx

... higher in 2011 than 2009 as a result of higher international oil prices & oil- indexed gas prices Cost of net imports of oil and gas in the European Union EU’s net import bills % Share of GDP ... of high oil prices on the economy © OECD/IEA 2012 0 100 200 300 400 500 600 700 2009 2010 2011 Billion USD Gas Oil 2.1% 2.7% 3.3% Europe: rising energy prices compound the pain ... 2012 Fukushima adds to the economic impact of higher oil prices in Japan The shutdown of most nuclear plants has created electricity shortages & pushed up spending on oil & gas imports,...

Budget Impasse Hinges on Confusion among Deficit Reduction, Tax Increase, and Tax Reform: An Economic Analysis of Dual Capacity and Section 199 Proposals for the U.S. Oil and Gas Industry ppt

... simultaneously increase the economic benefits enjoyed by the public and increase Federal tax revenue: in other words, they expand the economic pie. Significant oil and gas reserves lie under the U.S. Outer ... business activity and economic growth. They therefore achieve the worst of both worlds: they hurt the economy while exacerbating the federal budget deficit. The sad part of the continuing saga ... increasing the oil and gas industry’s tax-burden is the elimination of the Section 199 tax deduction for oil and gas companies and adding substantial additional restrictions to the foreign...

Time and performance a three part study examining the relationships of job experience, organizational tenure, and age with job performance

... Discussion and Limitations. The meta-analytic results support the hypotheses. The finding that all three relationships are moderated by the average level of the temporal variable in the sample ... reviewed literature and the study’s hypotheses. However, as the range of values may have an effect on the magnitude of the observed relationship, the standard deviation of the temporal variable ... time, differing standards of promotion, and the effects of non-random turnover all potentially limit the validity of the study’s conclusions based on these data. Furthermore, the analyses grouped...

Chapter 6 The Single Index Model and Bivariate Regression

... variability of the market index and if βi,M< 1 then adding the security will decrease the variability of the market index. The intuition behind the single index model is as follows. The market index ... 2. The mean monthly returns on IBM and the market index are 0.9617% and 1.3992%per month and the sample standard deviations are 5.9024% and 6.8353% per month,respectively Hence the market index ... included in the regression. The standarddeviation of the residuals is essentially equal to the standard error of the regression- the diﬀerence being due to the fact that the formula for the standard...

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