abstract main objective of this paper is to investigate the impact of exchange rate misalignment on wheat’s producer estimates (pse), using the 1989-2007 period’s data. for this purpose, vector error correction model (vecm) along with the use of real exchange rate based on purchasing power party (ppp) was applied to estimate nominal equilibrium exchange rates. then, by using market price suppor...

Structural shifts characterize the volatility of the Korean stock and foreign exchange markets during the 1997 Asian financial crisis. This paper employs an unrestricted bivariate GARCH-M model of stock market returns to investigate empirically the effects of daily currency depreciation on Korean stock market returns. The evidence shows that currency depreciation significantly affects stock mar...

This paper presents a scheme using Differential Evolution based Functional Link Artificial Neural Network (FLANN) to predict the Indian Stock Market Indices. The Model uses Back-Propagation (BP) algorithm and Differential Evolution (DE) algorithm respectively for predicting the Stock Price Indices for one day, one week, two weeks and one month in advance. The Indian stock prices i.e. BSE (Bomba...

the purpuse of this study was to examine the regulation needs of iranian capital market. the regulation needs was investigated in three areas: 1- information disclosure 2- financial institutions and 3- supervision and market confidence. the results showed that, information disclosure was not adequate in iran, especially in the primary market, where companies issue now securities to the public, ...

The regularity of price fluctuations in exchange rates plays a crucial role in foreign exchange (FX) market dynamics. In this paper, we quantify the multiply irregular fluctuation behaviors of exchange rates in the last 10 years (November 2006–November 2016) of eight world economies with two nonlinear approaches. One is a recently proposed multiscale weighted permutation entropy (MWPE) and anot...

This research studies the companies’ effectiveness and performance relationship with stock market liquidity in Tehran Stock Exchange during 2010-2015. Simultaneously, in the study, the three indicators: return on assets, return on investment and Tobin's Q ratio were applied as a measure of the performance and bid-ask spread as a measure of liquidity, bid-ask spread to the stock market. This res...

according to recent developments of predicting methodsin financial markets, and since the stock price is one of the mostimportant factors for investment decision-making, and its predictioncan play an important role in this field, the aim of this study is toprovide a model to predict the stock price movement with highaccuracy. accordingly, a hybrid model for predicting the stock pricemovement us...

This paper proposes a method for determining the price bidding strategies of market participants consisting of Generation Companies (GENCOs) and Distribution Companies (DISCOs) in a day-ahead electricity market, while taking into consideration the load forecast uncertainty and demand response programs. The proposed algorithm tries to find a Pareto optimal point for a risk neutral participan...