Search results for "Finance"

Older adults with cognitive and mobility-related limitations: Social deprivation and forms of care received

2015

A paraître; International audience;

Trend Switching Processes in Financial Markets

2010

For an intriguing variety of switching processes in nature, the underlying complex system abruptly changes at a specific point from one state to another in a highly discontinuous fashion. Financial market fluctuations are characterized by many abrupt switchings creating increasing trends (“bubble formation”) and decreasing trends (“bubble collapse”), on time scales ranging from macroscopic bubbles persisting for hundreds of days to microscopic bubbles persisting only for very short time scales. Our analysis is based on a German DAX Future data base containing 13,991,275 transactions recorded with a time resolution of 10− 2 s. For a parallel analysis, we use a data base of all S&P500 stocks …

Collective and Cooperative Behaviour Models

2016

International audience; In modelling residential choice we cannot escape the debate about the effect of societal context on an individual’s decision-making. This debate depends on whether we set more store by the aggregate scale of society or by the individual’s decision-making. An individual-centred approach will focus on the particularities of an individual and the way her past, for example, influences her decisions.

Les dépenses des collectivités publiques locales pour l'enseignement en France

1974

Blow-up collocation solutions of nonlinear homogeneous Volterra integral equations

2011

In this paper, collocation methods are used for detecting blow-up solutions of nonlinear homogeneous Volterra-Hammerstein integral equations. To do this, we introduce the concept of "blow-up collocation solution" and analyze numerically some blow-up time estimates using collocation methods in particular examples where previous results about existence and uniqueness can be applied. Finally, we discuss the relationships between necessary conditions for blow-up of collocation solutions and exact solutions.

Spectral density of the correlation matrix of factor models: a random matrix theory approach.

2005

We studied the eigenvalue spectral density of the correlation matrix of factor models of multivariate time series. By making use of the random matrix theory, we analytically quantified the effect of statistical uncertainty on the spectral density due to the finiteness of the sample. We considered a broad range of models, ranging from one-factor models to hierarchical multifactor models.

 Muséo-parcs et réenchantement de l’expérience muséale : le cas de la Cité des Arts et des Sciences de Valencia

2010

The museum offer undergoes at present profound transformations. Beyond the traditional structures which do not any more hesitate to use innovative museographies and to slide in the sphere of the leisure activities, it seems to develop a new sector, halfway between museums and amusement parks called museopark. The aim of this article is to analyze an example of this hybrid offer, the City of Arts and Science in Valencia (Spain), fitting very well with the edutainment logic and to understand the structuring elements and the borrowings made in of the amusement parks. After the presentation of theoretical foundations underlying the definition of experiential museums, we expose our case study, b…

Does the GATT/WTO promote trade? After all, Rose was right

2019

This paper re-examines the effect of the GATT/WTO on trade using recent econometric developments that allow us estimating structural gravity equations with the Poisson pseudo-maximum likelihood (PPML) estimator on a large dataset that requires computing high-dimensional fixed effects. By doing so, we overcome computational limitations that are present in previous studies. In line with Rose’s (Am Econ Rev 94:98–114, 2004) seminal work, we find that, unlike regional trade agreements and currency unions, the GATT/WTO accession has not generated positive trade effects. This result is robust to the use of alternative measures of trade flows, across periods and country groups, to changes in the p…

Expansion du commerce mondial des vins - Uniformisation et valorisation des différences

2011

Rencontres du Clos Vougeot 2010 organisées par la Chaire Unesco "Culture et Traditions du Vin"; National audience;

Some Quantitative Aspects of Stability Management Strategy in a Bank

2012

Abstract The stability of commercial bank system is the result of balanced development, which can be characterised by equilibrium and security over a longer period of time. The history of commercial bank system development indicates that reaching and sustaining this qualitative and quantitative state requires regulations and management. One of the most important parts of commercial bank management system is correctly chosen strategy in the circumstances of a changing environment. Strategy gives a possibility to look into the future of the commercial bank, forecast its goals, areas, scale and potential operational results in relation to resource sources and expenses. Nowadays a commercial ba…