Suchergebnisse

AbstractThis paper documents significant and persistent deviations from normality in security return distributions for the NYSE, AMEX, and NASDAQ from 1974 to 1988. Controlling for January and size effects, we find that the deviations of security return distributions from normality decline with increasing portfolio size and investment horizon for the NYSE and AMEX, especially for daily returns. Deviations appear to be greater for the NASDAQ than for the two exchanges even for firms of the same size. Ratios of monthly to daily variances are also larger for the NASDAQ. These results suggest that nonparametric or other robust statistical techniques should be used when valuing equity options and other derivatives, especially when examining NASDAQ security returns. They further imply that trading strategies based on market inefficiencies are more likely to succeed on the NASDAQ.

A detailed analysis of Material Requirements Planning (MRP), Kanban, optimised Production Technology (OPT) and Flexible Manufacturing Systems (FMS), including the applied assumptions behind these and their limitations and weaknesses, shows that each system is sound in its own way and can accomplish low cost, high quality, on‐time production. People problems, however, can destroy the effectiveness of any system and in this respect Kanban and OPT systems solve the majority of people problems, while FMS installations, by design, eliminate most problems of this type. The experience gained during the coming decade may lead factory managers to use two or more of these systems side by side.

Cover Page -- Title Page -- Copyright Page -- Contents -- Introduction -- Chapter 1: The Historical Production of Limited Permanence in Manhattan Valley -- Chapter 2: The Post-Brown Realignment and the Structure of Partitioned Publics -- Chapter 3: Diversity, Choice, and the Myopia of Partitioned Publics -- Chapter 4: Mapping the Spaces of Care and Social Reproduction -- Coda -- Acknowledgments -- Notes -- Bibliography -- Index -- Author Biography.

"Growth enhancing structural change - a relocation of labor from low to high productivity sectors is increasingly perceived as inextricably linked with the sustainable development agenda. In the pursuit of structural change, policy makers have pinned their hopes on targeted policy tools such as Special Economic Zones (SEZs). These geographically demarcated spaces designed to attract investment with a wide set of advantages have become de rigueur, however, a systematic evaluation of evidence-informed policy making is scarce due to conceptual and practical challenges. This book fills that gap and shows that the SEZs are no 'shortcut' to economic development but need to be re-strategized to address the emerging challenges. The first part of the book adopts an interdisciplinary approach to examine the links between SEZs and structural change, with a focus on South Asia, and develops an integrated conceptual framework for policy evaluation. Part 2 presents an empirical analysis of historical trends in growth and structural change in the eight regional economies under examination. Part 3 investigates the socioeconomic and cultural contexts in which the SEZs are embedded, assesses the fit between the SEZ goals and broader development strategies, and evaluates the SEZ policy design fit with the goals. The fourth part of the book presents counterfactual evaluation of the impact of SEZs on investment climate; export competitiveness of firms; technology and innovation; and knowledge linkages of SEZ firms with the wider economy, while the final part discusses the emerging challenges and the way forward. This will be a useful reference for academics, researchers, policymakers and professionals in international trade and business, public policy, industrial economics and regional integration"--

Introduction -- Chapter 1 Chinas Energy Diplomacy and its Investments Abroad: Functions, Challenges, Achievements and Influence -- Chapter 2 Sino-Russian energy relations -- Chapter 3 Sino-Australian Relations: Present Trajectory and Future Growth -- Conclusion.

Did you know that crossword puzzles first appeared in the New York World in 1913, and soon became a popular feature in newspapers or that Kellog's as a brand had spent 90,000 on advertising, more than 100 years ago in 1906, including one 4000 a page ad in the July issue of the Ladies Home Journal, Apple had lured John Sculley away from Pepsi because they wanted him to apply his marketing skills to the personal computer market. Find facts and trivia from the world of business that will amaze and delight you. The questions in this book have been framed in a way that they are: guessable with int