排序方式: 共有2条查询结果,搜索用时 15 毫秒
1
1.
Takeaki Kariya Yoshihiko Tsukuda Junko Maru Yumiko Matsue Kazuo Omaki 《Asia-Pacific Financial Markets》1995,2(1):15-86
Applying S. Taylor's approach (1986), we make an extensive analysis on the Japanese stock market, foreign exchange market
and the Japanese Government Bond Futures market. The purpose of this paper is to empirically reveal the structure of the Japanese
markets via Taylor's model rather than to propose a new model. For this reason, we include a variety of analyzed data particularly
for the Japanese stock market and the foreign exchange market because the results can be used in a different manner. The paper
consists of three parts. But each part can be read separately.
Part 1: Overshooting hypothesis for Japanese stock prices
Part 2: A trend movement in daily/weekly Yen-Dollar exchange rates
Part 3: Price variations of Japanese Government Futures.
In the first part, the stock prices are shown to over-respond to new information, which is different from the behaviors of
stock prices in other markets. In Part 2, a trend movement is revealed in Yen-Dollar exchange rates. In Part 3, a strategy
in the Japanese Government Bond futures markets is shown to perform better than a buy and hold strategy. 相似文献
2.
Toyoki Matsue 《Applied economics letters》2018,25(9):611-614
Employment fluctuations are one of the central issues in the business cycle literature. The fluctuations depend crucially not only on the economic conditions but also on the labour market institutions. Since most previous studies have assumed indefinite-term contracts (ITC) implicitly, the implications of fixed-term contracts (FTC) on dynamic labour demand have been rather overlooked. This article investigates dynamic labour demand of a firm with FTC to show that the employment fluctuations under FTC can be totally different from those under ITC. In particular, a productivity shock that takes place at a future date generates the current fluctuations in employment under FTC, while it does not under ITC. 相似文献
1