Search results for "premium"
showing 4 items of 84 documents
Returns To Education During And After The Economic Crisis: Evidence From Latvia 2006–2012
2017
We employ EU-SILC micro data for Latvia to study how returns to education changed during the economic crisis of 2008–2009 and afterwards. We found that returns to education increased significantly during the crisis and decreased slightly during the subsequent economic recovery. The counter-cyclical effect was evident in nearly all population groups. After the crisis, education became more associated than before with a longer working week and a higher employment probability. Furthermore, we show that returns to education in Latvia are generally higher in the capital city and its suburbs than outside the capital city region, as well as for citizens of Latvia than for resident non-citizens and…
Jaunu premium segmenta automobiļu tirdzniecības veicināšana Latvijā
2016
Diplomdarba galvenais mērķis darba mērķis ir izpētīt Latvijas Premium segmenta automobiļu tirdzniecības nozari un izstrādāt priekšlikumus tās tirdzniecības apjomu palielināšanai, pielietojot mārketinga instrumentus. Diplomdarbs sastāv no trim daļām. Pirmajā daļā tiek apskatīti pārdošanas veicināšanas un integrētās mārketinga komunikācijas teorētiskie aspekti. Otrajā daļā, tiek apskatītas pasaules, Eiropas un Latvijas vieglo automobiļu tirgus tendences, konkurentu ietekme, pieprasījumu pēc Premium segmenta automobiļiem laika periodā no 2013. gada janvārim līdz 2015.gada oktobrim, kā arī pielietotos jaunu Premium segmenta automobiļu tirdzniecības veicināšanas rīkus Latvijā. Tai seko trešā daļ…
Volatility risk premia and financial connectedness
2014
In this paper we use the Diebold Yilmaz (2009 and 2012) methodology to construct an index of connectedness among five European stock markets: France, Germany, UK, Switzerland and the Netherlands, by using volatility risk premia. The volatility risk premium, which is a proxy of risk aversion, is measured by the difference between the implied volatility and expected realized volatility of the stock market for next month. While Diebold and Yilmaz focus is on the forecast error variance decomposition of stock returns or range based volatilities employing a stationary VAR in levels, we account for the (locally) long memory stationary properties of the levels of volatility risk premia series. The…
Persistency of window dressing practices in the US repo markets after the GFC: The unexplored role of the deposit insurance premium
2022
We investigate whether the regulatory improvements made in the aftermath of the global financial crisis have been effective in limiting bank downward window dressing by means of repos in the United States. We find that a strict application of the Basel III regulation wipes out incentives to engage in window dressing to bolster the level of leverage Tier 1 ratio at quarter-end. We also show that the persistency of window dressing is related to the computation of the Federal Deposit Insurance Corporation assessment base, which motivates banks to engage in window dressing to reduce the deposit insurance premium.