Using an agent-based model we examine the dynamics of stock price fluctuations and their rates of return in an artificial financial market composed of fundamentalist and chartist agents with and without confidence. We find that chartist agents who are confident generate higher price and rate of return volatilities than those who are not. We also find that kurtosis and skewness are lower in our ...

The purpose of this report is to evaluate the proposed Census method for adjusting poverty thresholds for geographic price differences, offer empirically implementable alternatives to the Census approach (including the possibility of making no adjustment at all), and suggest future directions for research on geographic adjustment of poverty thresholds. I am in a particularly good position to do...

Abstract A reasonable concept for the true trade price index in situations where low-price countries capture market shares from high-price is average paid by importers same quality of good or service all exporting countries. However, decompositions indices are usually inexact sense that used as underlying aggregator formula not exactly reproduced. In this paper, we compare analytically exact an...