Dissertations / Theses on the topic 'Empirical study'
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Elali, Wajeeh. "EVA and shareholder value creation : an empirical study." Thesis, University of Westminster, 2007. https://westminsterresearch.westminster.ac.uk/item/91xv0/eva-and-shareholder-value-creation-an-empirical-study.
Full textAxelsson, Ludvig. "Immutability: An Empirical Study in Scala." Thesis, KTH, Skolan för datavetenskap och kommunikation (CSC), 2017. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-210779.
Full textAtt använda immuterbar (oföränderlig) data anses ha många önskvärda fördelar när det kommer till utveckling av program och att kunna resonera om dess funktionalitet. Immuterbar data är också en viktig princip inom funktionell programmering och många språk har idag stöd för att ange immuterbarhet. Utvecklare kan i kod ange ifall data ska vara immuterbar för att till exempel förhindra ett programtillstånd från att oavsiktligt förändras. Programmeringsspråket Scala är ett funktionellt och objektorienterat språk där utvecklare kan ange immuterbarhet med två typer av variabler, en som är tilldelningsbar och en som är icke-tilldelningsbar. Typsystemet i Scala har inget inbyggt stöd för utvecklare att uttrycka det faktum att en typ är immuterbar, att använda immuterbarhet är i stället konvention och anses vara den bästa metoden. Men uppgifter om hur immuterbarhet egentligen används i riktiga Scala projekt har fram tills nu inte varit tillgängligt. Detta projekt presenterar en immuterbarhetsanalys och en utvärdering av sex små till stora projekt med öppen källkod skrivna i programmeringsspråket Scala. Analysen undersöker immuterbarhetsegenskaper hos Scalas olika typer av klasser med avseende på tre olika egenskaper: ytlig, villkorligt djup och djup immuterbar, där djup är den starkaste immuterbarhetsegenskapen. Analysen fungerar som ett tillägg för Scalas kompilator och utfärdar en statisk analys av källkoden för ett projekt. Statistik om immuterbarhet för varje projekt redovisas och utvärderas, bland annat tre välkända och populära kodbaser, Scalas standard bibliotek, Akka’s actor ramverk och ScalaTest. Förklaringar till varför klasser inte uppfyller en immuterbarhetsegenskap visas också. Analysen visar att majoriteten av alla klasser i projekten har en immuterbarhetsegenskap och var inte klassificerade som muterbara. Eftersom varje projekt hade klasser som antogs vara muterbara för att dessa inte var nåbara för våran analys så kan det potentiellt finnas fler klasser som har en immuterbarhetsegenskap. Vad en klass ärver visar sig vara en viktig faktor när det kommer till vilken typ av immuterbarhetsegenskap den har. Muterbarhet visade sig vara lägre för klasser som är av typen case class and singleton object vilket kan anses vara avsett av Scalas skapare, då dessa klass abstraktioner hjälper programmerare att använda immuterbarhet. Resultaten visar att immuterbarhet används flitigt i Scala och den höga användningsgraden kan vara på grund av att det är ett funktionellt språk.
Hagli, Andreas Tørå. "Empirical study of software evolution." Thesis, Norwegian University of Science and Technology, Department of Computer and Information Science, 2005. http://urn.kb.se/resolve?urn=urn:nbn:no:ntnu:diva-9216.
Full textSoftware development is rapidly changing and software systems are increasing in size and expected lifetime. To cope with this, several new languages and development processes have emerged, as has stronger focus on design and software architecture and development with consideration for evolution and future change in requirements. There is a clear need for improvements, research shows that the portion of development cost used for maintenance is increasing and can be as high as 50 %. We also see many software systems that grow into uncontrollable complexity where large parts of the system cannot be touched because of risks for unforeseeable consequence. Therefore a clearer understanding of the evolution of software is needed in order to prevent decay of the systems structure. This thesis approaches the field of software evolution through an empirical study on the open source project Portage from the Gentoo Linux project. Data is gathered, ratified and analysed to study the evolutionary trends of the system. These findings are seen in the context of Lehman's laws on the inevitability of growth and increasement of complexity through the lifetime of software systems. A set of research question and hypotheses are formulated and tested. Also, experience from using open source software for data mining is presented.
Stringer, Carolyn Patricia, and n/a. "Performance management : an empirical study." University of Otago. Department of Accountancy and Business Law, 2006. http://adt.otago.ac.nz./public/adt-NZDU20070501.145211.
Full textSyed-Abdullah, Sharifah Lailee. "Empirical study on extreme programming." Thesis, University of Sheffield, 2005. http://etheses.whiterose.ac.uk/6067/.
Full textVeloso, Jorge Filipe Azambujo. "An empirical study on deprivation." Master's thesis, Instituto Superior de Economia e Gestão, 2014. http://hdl.handle.net/10400.5/7572.
Full textO objetivo deste trabalho é identificar os determinantes socio-económicos e demográficos da Intensidade da Privação Matéria, e investigar as suas alterações quando se considera diferentes contextos macroeconómicos - crescimento moderado versus recessão (Economia Portuguesa, anos 2004 e 2012) e os grupos complementares - Economicamente Pobres e Não-Pobres. Este trabalho usa os 9 indicadores de Privação Material presentemente usados pelo Eurostat nos 27 Estados Membros da União Europeia para modelar o Score de Privação Material. Dado que a nossa variável de interesse é uma variável de contagem, vamos aplicar métodos para modelação de dados de contagem, nomeadamente, o modelo de Poisson e o modelo Zero-Inflated Poisson. Os resultados mostram quais são os principais determinantes da Intensidade da Privação Material, e que estes não variam, de forma significativa, face aos diferentes cenários macroeconómicos e grupos considerados.
The aim of this dissertation is to determine the socio-economic and demographic determinants of Material Deprivation Intensity, and investigate their changes when considering different macroeconomic backgrounds - moderate growth versus recession (Portuguese economy, years 2004 and 2012), and the additional groups - Income and Non-Income Poor. This work uses the 9 Material Deprivation indicators currently in use by Eurostat in the 27 European Union Member States to model the Material Deprivation Score. Given that the interest variable is a count variable, we will apply methodological framework for count data modeling, more particularly, Poisson and Zero-Inflated Poisson models. The results have shown what are the key determinants of the Material Deprivation Intensity, and also that they don?t change, in a significant way, in face of the considered macroeconomic backgrounds and groups.
Jetty, Grace Havila Havila. "An Empirical Study Assessing the Impact of SeeIT 3D onComprehension." Youngstown State University / OhioLINK, 2013. http://rave.ohiolink.edu/etdc/view?acc_num=ysu1367880196.
Full textHobbs, Georgina. "Wellbeing : a theoretical and empirical study." Thesis, Manchester Metropolitan University, 2016. http://e-space.mmu.ac.uk/617318/.
Full textKonda, Lakshmana Rao. "An empirical study of TJFast algorithm /." Available to subscribers only, 2006. http://proquest.umi.com/pqdweb?did=1240708321&sid=12&Fmt=2&clientId=1509&RQT=309&VName=PQD.
Full textTania, ap Siôn. "An empirical study of ordinary prayer." Thesis, University of Warwick, 2010. http://wrap.warwick.ac.uk/3604/.
Full textDurow, Valerie. "Reading anti-realism : an empirical study." Thesis, University of Nottingham, 1997. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.363648.
Full textLoncar, Jelena. "Constructing minority representation : empirical-theoretical study." Thesis, University of York, 2017. http://etheses.whiterose.ac.uk/18673/.
Full textMilton, Grace. "Understanding Pentecostal conversion : an empirical study." Thesis, University of Birmingham, 2014. http://etheses.bham.ac.uk//id/eprint/5104/.
Full textJain, Sameer 1967. "An empirical study of hedge funds." Thesis, Massachusetts Institute of Technology, 2003. http://hdl.handle.net/1721.1/8009.
Full textIncludes bibliographical references (p. 77-79).
Hedge Funds are one of the fastest growing, yet least understood, category of alternate investment vehicles. They are pooled investment vehicles that use leverage, short-selling, dynamic hedging and derivatives to implement investment strategies significantly different from the non-leveraged, long-only approach traditionally followed by investors. This Thesis explores and validates characteristics, attributes and behavior of the generic category of Hedge Funds by researching academic and empirical studies available in the public domain. It traces the dramatic growth of the Hedge Fund industry in recent times as well as the regulatory environment governing the industry. The findings of this study assess a variety of Hedging styles and strategies that have proliferated in recent years by building on practitioner and academic research. We further examine the risk return profile of Hedge Funds, effective diversification and portfolio allocation decisions. The results of our study offer a thorough explanation of issues essential to Hedge Fund investment and their usefulness as an alternative asset class in both institutional and private portfolios.
by Sameer Jain.
M.B.A.
Alharbi, Abdulrhman Abdulghani. "Multimodal e-feedback : an empirical study." Thesis, De Montfort University, 2013. http://hdl.handle.net/2086/9676.
Full textFaneer, Musa Khalifa A. "Multimodal e-learning : an empirical study." Thesis, De Montfort University, 2015. http://hdl.handle.net/2086/10890.
Full textAlgahtani, Amirah. "Multimodal e-assessment : an empirical study." Thesis, De Montfort University, 2015. http://hdl.handle.net/2086/10878.
Full textParker, Peter Burns. "An empirical phenomenological study of happiness." Thesis, Rhodes University, 1987. http://hdl.handle.net/10962/d1002077.
Full textSmith, Michael Reed. "An empirical study of instance hardness /." Diss., CLICK HERE for online access, 2010. http://contentdm.lib.byu.edu/ETD/image/etd3239.pdf.
Full textFoye, Chris. "Housing and happiness : an empirical study." Thesis, University of Reading, 2017. http://centaur.reading.ac.uk/77925/.
Full textSmith, Michael Reed. "An Empirical Study of Instance Hardness." BYU ScholarsArchive, 2009. https://scholarsarchive.byu.edu/etd/2012.
Full textShaikh, Abdul Hannan. "Employee reporting in India:an Empirical study." Thesis, University of North Bengal, 1997. http://hdl.handle.net/123456789/1117.
Full textAlton, Noel Teresa. "Empirical Study of Information Design: Four Experiments." BYU ScholarsArchive, 2010. https://scholarsarchive.byu.edu/etd/2118.
Full textReynolds, Lisa Marie. "An Empirical Study of Software Debugging Games with Introductory Students." Thesis, University of North Texas, 2015. https://digital.library.unt.edu/ark:/67531/metadc804874/.
Full textStengl, Benjamin. "Testing Futures Pricing Models An Empirical Study /." St. Gallen, 2006. http://www.biblio.unisg.ch/org/biblio/edoc.nsf/wwwDisplayIdentifier/01654516001/$FILE/01654516001.pdf.
Full textLi, xiaohua. "An Empirical Study of Tradera's Reputation System." Thesis, Umeå University, Department of Informatics, 2009. http://urn.kb.se/resolve?urn=urn:nbn:se:umu:diva-23956.
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Millions of dollars change hands daily through online auction markets. Online trading communities like eBay and Amazon.com are emerging as increasingly important factors of the economy. Various Reputation systems are important components in such electronic markets. Existing evidence suggests that there are a number of problems with such systems. This paper presents an empirical exploration of reputation systems. Two studies of Tradera’s discussion forums are reported. The result of the first, pilot study suggests that both sellers and buyers are worried about getting a retaliatory negative feedback if they leave a negative feedback for an unsatisfactory transaction from their trading parties. Retaliation from the non-paying bidders seems to be the most severe threat and trouble for sellers. A set of negative feedbacks were then gathered from Tradera and data were manually analyzed in order to verify the results from the preliminary study. The results from the second study confirmed the result of the pilot study. A general evaluation of Tradera’s current reputation system is made based on the results of the second study. This paper aims to make a contribution to the literature on online reputation system by developing a typology of seller complaints about Tradera buyers and providing a tentative definition of retaliatory negative feedback based on the findings of both studies. Proposed solutions to the problems of non-payment and feedback retaliation are also presented.
Vong, Chuk Kwan. "Comparative management : discussion and an empirical study." Thesis, University of Macau, 1995. http://umaclib3.umac.mo/record=b1636782.
Full textPonnam, Sravanthi. "Keyboard Acoustic Emanations Attack : An Empirical study." Thesis, KTH, Skolan för informations- och kommunikationsteknik (ICT), 2013. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-143645.
Full textKennelly, Steven James. "The Empirical Study of Marine Biological Resources." University of Sydney, Marine Studies Centre, 1999. http://hdl.handle.net/2123/390.
Full textYu, Lai-yiu Ruth, and 余麗姚. "ASEAN: an empirical study of integration theory." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1985. http://hub.hku.hk/bib/B3194873X.
Full textChen, De-Yu, and 陳德裕. "The Empirical study." Thesis, 2002. http://ndltd.ncl.edu.tw/handle/11272976267287855394.
Full text中原大學
會計研究所
90
Firstly using Feltham and Ohlson(1995) linear and valuation models, deduced are the accounting linear and valuation models suitable for actual circumstances at the paper. With the information like industrial penetration barrier, market share and industrial concentration as measurement variable, the decisive factors of goods reputation are inspected. The expected findings can be summarized as follows: Firstly, the studies on any reputation at foreign papers focused on the reaction on equity’s value through the valuation model inspection on purchasing goods reputation. However, this paper is trying to deduce the accounting linear model and valuation model corresponding to real situations from the view of industrial economics and then inspect the decisive factors. Secondly, domestic studies on goods reputation emphasized on the influence of research & development investment on goods reputation (e.g. Liu, Cheng-Tien, 1999). This paper is the first empirical study the influence of industrial economics and conservatism accounting on goods reputation. Finally, Feltham and Ohlson(1995) models both presumed other information and stock-holder valuation are related, but no precise definition for other information. Regarding the empirical study on accounting-based firm valuation model, the residual items are also treated as other information. But that will impose serial relative characteristics on the residual items and introduce estimate error at the coefficients. Lain, Shin-Mei(2001) takes other information as constant terms. This paper tries to include the other information as the decisive factors of goods reputation and build up an accounting-based valuation model. By utilization of linear model (empirical model-1) and valuation model (empirical model-2), this paper incorporates investment return rate at next term and current unrecognized goods reputation as individual variables, so as the current investment return rate and non-accounting information items(including market share, industrial concentration & industrial penetration barrier) as variables. Besides the discussion of the effects of accounting & non-accounting information to earning and goods reputation, it further determines the explanation capability and visibility of each variable. The empirical results are summarized as below: 1.Examine hypothesis 1: Positive relation (α3,α4>0) of Industry Concentration (HHIt), Entry Barrier (PPEt/TAt) and Investment Return Rate (ROEt) cannot be sustained, but(β2>0) confirmed at Unrecognized Goods Reputation (UNAt). 2.Examine hypothesis 2: Positive relation(α2>0) of Market share(MSt) and Investment Return Rate(ROEt) is sustained, but not for UNAt (β2>0). 3.Examine hypothesis 3: The more of growth opportunity, then the larger forα0 but smaller forα1; and larger forβ0 and smaller forβ1. They are all sustained. 4.Divide sample data into high growth possibility (HPB) and low growth possibility (LPB), two groups. Then examine hypothesis 4a. For firms with negative earning, larger forα0, smaller forα1; larger forβ0, smaller forβ1. The result for HPB firms is sustained. Examine hypothesis 4b, the firms with bad forecast, larger forα0, smaller forα1; larger forβ0, smaller forβ1. The result for largerβ0 and smallerβ1 is sustained. Examine hypothesis 4c, for firms with higher rate at operation income, larger forα0, smaller forα1; larger forβ0, smaller forβ1. The result cannot be sustained mostly.
Martinec, Tomáš. "Vyhodnocování užitečnosti ladících nástrojů." Master's thesis, 2015. http://www.nusl.cz/ntk/nusl-350798.
Full textHua, Jinru. "A case study of cross-branch porting in Linux Kernel." Thesis, 2014. http://hdl.handle.net/2152/25272.
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Lin, June-Liang, and 林俊良. "Bank Branching: An Empirical Study." Thesis, 1997. http://ndltd.ncl.edu.tw/handle/98762957141132084053.
Full textHu, Bo Zeng, and 胡伯政. "Empirical Study of stock repurchase." Thesis, 2008. http://ndltd.ncl.edu.tw/handle/ju8cap.
Full text長庚大學
企業管理研究所
96
Using event study methodology examines the market reaction to the announcements of repurchase and retirement for Taiwan stock exchange(TSEC) listed firms over the period between August 2000 and December 2007. The results show that TSEC-listed firms experience significant abnormal returns from the repurchase announcement suggesting investors react positively to the singal the firms send through the repurchase announcements.Furthermore, the market reacts more favorably to the announcements by firms that have high book-to-market ratio and price under face value greater than one. In contrast, the market reaction to stock retirement announcements is not significant differential from zero. There is no difference in the reaction between firms in different industries. There is also no difference in the reaction between firms with different book-to-market ratio and price under(above) face value.
Wang, Chao-Ping, and 王昭平. "Empirical Study of Reporting Transparency." Thesis, 2006. http://ndltd.ncl.edu.tw/handle/60504653151394227330.
Full text國立雲林科技大學
財務金融系碩士班
94
The Asia finance distress of 1997 and Enron scandal of 2001, not only depressed the world stock market, but also arose investor’s attention in corporate governance mechanism. How to reinforce reporting transparence to improve equity value of outside stockholders has become major concern of corporate governance. In past, the traditional paper reports including quarter, semi-annual report, annual report and prospect play an import role in company’s communication. Taiwan Security and Future Institute require public firms to disclose specific insider information and trading activities in ‘Market Observation Post System’. However, the speedy development of internet technology has enabled the company web as a new communication way to investors. The company web can provide quick information to public with low cost. Facing the increasing globalization of capital market, company can attract more foreign investors through reinforcing investor relation through world-wide web. To investor, company web can provide quick financial and non-financial information. The discussion section in web furthermore provides investors a direct communicating way to their interested company. This study includes 564 public companies listed in TSEC and observes financial, insider, dividend, voluntary disclosure, corporate governance policy and other information for period from February first 2006 to June tenth 2006. The results show that 535 (94.68%) company set up web site and 63% companies disclose financial related information. The more stocks large shareholders have, the less disclosure content of financial, voluntary disclosure and dividend information. Another interesting finding is that there is a significant negative relation between director’s shareholdings and insider’s information. These results show potential information asymmetry may exist between large shareholders, directors and outside stockholders. On the other hand, the results show significant positive relation between stockholdings of supervisors, foreign institutions and insider information and corporate governance policy. This finding confirms the ‘supervision hypothesis’ that proposes outside institutional investors being able to improve corporate governance mechanism. In summary, this study shows the increasing information and importance of company’s web. The continuing efforts to strength directors and managers to communicate with investors will improve the reporting transparency, thus enhance the corporate governance.
LAI, JAMES, and 賴達良. "Empirical study on corporate politics." Thesis, 1996. http://ndltd.ncl.edu.tw/handle/01286575883338283030.
Full textLai, James, and 賴達良. "Empirical study on corporate politics." Thesis, 1996. http://ndltd.ncl.edu.tw/handle/41822647027578339471.
Full textNguyen, Thanh Tu, and 阮清秀. "Empirical study on advertising expenses." Thesis, 2009. http://ndltd.ncl.edu.tw/handle/63052565976266421616.
Full text元智大學
財務金融學系
97
The first part of this paper documented the abnormal return of changing advertising expenses announcements. We found no significant evidence about the abnormal return of changing advertising expenses announcements, but we found that when firm announces to increase their advertising expenses, the cumulative abnormal return from -20 announcement days is getting worse till +20 announcement days; however this change disappears in decreasing advertising expense firms. Second, this paper examined whether manager base on the different between analyst forecast and firm real value or distance from earning goal to change firm’s advertising expense for manipulate purpose (myopic investment behavior). Our result indicated that in group of firms that be undervalued largely by analyst, firm manager significantly reduces advertising expense to push short term earnings so as to perform better in analysts’ eyes but this manipulation behavior will disappear when analyst forecast become more accurate. Besides, firms with higher current earning relative to prior one or large declining current earning compare to that of prior period tended to increase advertising fees but not in firms with small declining current earning relative to prior earning. However we find that institutional investors have a strong power in monitoring firm and higher institution ownership give manger greater incentive to care for long-run value of firm.
Su, Sheng-Hung, and 蘇聖泓. "Empirical Study of Convertible Arbitrage." Thesis, 2004. http://ndltd.ncl.edu.tw/handle/75305415909794487451.
Full text國立臺灣大學
財務金融學研究所
92
This paper uses two different evaluation methods to estimate implied volatility and hedge ratio of convertible bonds by input their market prices; then we use these hedge ratios to test three different hedging strategies, including delta neutral hedge, bull gamma hedge, and bear gamma hedge, and expect the results can offer investors some useful materials when they try to do the related strategies. From the empirical results, we can get following conclusions: a) The offering prices of 元京二(60042) and 萬國一(30541) are under-priced, and it seems like the major shareholders take the excess return away by lowering the issuing price after the price of convertible bonds goes up; b) During our research period, the prices of 台灣二(30452) and 萬國一 both remained stable; however, the price of their underlying stocks went down. This situation proves the downside protection of convertibles and will lead to the increase of implied volatility of convertibles, which will be a good chance for arbitragers to get profit. c) When considering costs of transaction, only 萬國一 can make positive return in all the three strategies; on the contrary, due to the high proportion of transaction cost of the other two convertibles, the return of their hedging strategies is not well-performed. d) In this thesis, we do not put timing-selection and limitations of short-selling into consideration, so we are looking forward these factors could be included in future researches.
Ho, Chang-cheng, and 侯昌成. "An Empirical Study of AdaBoosting." Thesis, 2001. http://ndltd.ncl.edu.tw/handle/73007098446368734067.
Full textShen, Fang-Yu, and 沈芳宇. "Knowledge Management Mechanisms-Empirical Study." Thesis, 2018. http://ndltd.ncl.edu.tw/handle/rw2d6s.
Full text國立清華大學
全球營運管理碩士雙聯學位學程
106
Due to the convenience for information/knowledge exchange brought from the Internet, nowadays people are used to searching for answers to their questions or asking for help from other people to solve their problems via the Internet. When doing a search on the Internet, people may be resonated with articles and would like to share their similar experiences or comments with others. Therefore, the sharing mechanism accumulates lots of information or knowledge over the Internet. It has already been an important issue that network platforms effectively manage the huge amount of information and knowledge. The well-organized knowledge classification not only helps users access to the information they need but also encourages them to reuse them. Similarly, people use enterprise’s knowledge management system to do the job-related research or share their expertise or experiences with the system. The Knowledge Management System (KMS) that one company uses may be developed by itself or derived from the KMS which is designed by external suppliers. In order to realize the knowledge management mechanisms that the platforms and companies use to codify knowledge, to encourage users to share useful information, and to boost users to reuse the information, this research observed and analyzed management mechanisms of domestic online forums, companies, and KMS suppliers. The knowledge management mechanisms of these platforms and companies can be served as applicable references for platform or company’s KMS design.
Luu, Tuong. "Approach to Evaluating Clustering Using Classification Labelled Data." Thesis, 2010. http://hdl.handle.net/10012/5720.
Full textShahin, Mojtaba. "An empirical study of architecting and organizing for DevOps." Thesis, 2018. http://hdl.handle.net/2440/116767.
Full textThesis (Ph.D.) -- University of Adelaide, School of Computer Science, 2018
CHANG, YU-WEI, and 常有為. "An Empirical Study of Smartphone Addiction." Thesis, 2015. http://ndltd.ncl.edu.tw/handle/74068328123759931681.
Full text中華科技大學
資訊服務與創新應用產業碩士專班
103
The application of smartphone has attracted a lot of attention in the mobile communication era. The smartphone provides us the richness and convenient life. However the negative impact of smartphone using on health and spirit issues, such as smartphone addiction and mobile phone addiction, have been discussed in recent years. There are a lot of discussions for internet addiction or social network addiction in previous studies. However, there are a few researches on smartphone addiction. In this study, we based on the Self-efficacy theory model, extended by technostress, time flexibility and compulsive anxiety as our research model and try to figure out the facts influence smartphone addiction. Hypothesis testing was performed using SmartPLS on data collected with 268 smartphone users. The results show that smartphone addictions were affected by compulsive anxiety, technostress and smartphone self-efficacy. Theoretical and practical implications were discussed.
Sung, Wen-Hsuan, and 宋文軒. "Taylor Rule in Taiwan:An Empirical Study." Thesis, 2004. http://ndltd.ncl.edu.tw/handle/cwsqxt.
Full text銘傳大學
經濟學研究所
92
Macroeconomists have long been interested in modeling the central bank''s reaction function. The central bank''s reaction function plays an important role in a wide variety of macroeconomic analyses. It can provide a basis for forecasting changes in the central bank''s policy instrument; the reaction function is an important element in evaluating central bank policy and the effects of other policy actions. This paper uses“The Taylor Rule” to investigate if the central bank in Taiwan adopts “The Taylor Rule” to manage Taiwan''s economy. It is found that central bank in Taiwan does not adopt“The Taylor Rule” to manage Taiwan''s economy. So, this paper estimates dynamic Taylor-type reaction functions to capture important elements of the policy regimes. From the empirical evidence, I found that inflation rate may be not an important element when the central bank implements momentary policy. I also found that the exchange rate is a significant variable to explain the interest rate, and that lagged interest rate target, output gap and lagged output gap will influence interest rate. However the dynamic Taylor-Rule is not a stable reaction function, implying it can not be used in implementing monetary policy.
Minhsing, Liu, and 劉敏行. "An Empirical Study on Relationship among." Thesis, 1998. http://ndltd.ncl.edu.tw/handle/39408098876661755746.
Full textChiang, George, and 江乾正. "Empirical Study of Resale Price Maintenance:." Thesis, 1995. http://ndltd.ncl.edu.tw/handle/74063765993652138014.
Full textShieh, Yun-Tai, and 謝昀泰. "The Empirical Study of Portfolio Insurance." Thesis, 2005. http://ndltd.ncl.edu.tw/handle/98750833640983682098.
Full text樹德科技大學
金融保險研究所
93
Abstract This research works out two groups of strategies for investors’ reference by putting different rates of Market Move Discipline into three types of Option-Based Portfolio Insurance and four types of Portfolio Insurance. The results of this research show that when the share price is going up, the CM Strategy performs best with the Market Move Discipline of 10% and the rebound rate of 5%; when the share price is going down, the CPPI and TIPP strategies perform best with the Market Move Discipline of 3% and the rebound rate of 10%; when the stock market is dull, the covered call strategy performs best with the Market Move Discipline of 5% and the rebound rate of 5%.
Chou, Chine-Lung, and 周建龍. "Currency Substitution:An Empirical Study of Taiwan." Thesis, 2011. http://ndltd.ncl.edu.tw/handle/3fztp9.
Full text嶺東科技大學
財務金融研究所
100
This study sets up a currency substitution model in the small open economy, and derives the demand function of domestic currency, as a basis for empirical analysis. The ADSL model is the econometric method in this study. The results of study are omissions in other literature that showed the currency complementary relationship between the RMB and NT, Yen and NT.