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This thesis sets out and examines the distinctive features of Anglo-American conservative ideology after the Cold War, in terms of its continuities with and differences from conservative doctrines of the past. The basic proposition explored is that despite conservatism's victory over socialism it too has been disoriented by the ending of the Cold War, and is possibly even exhausted as an ideology of contemporary relevance. Suggestions that conservatives have been left in a position of ideological hegemony are therefore questioned. A number of reasons are considered for supporting this belief: that the loss of their Cold War opponents has deprived conservatives of any distinctive purpose; that free market agendas are discredited by the critiques of ideologies such as communitarianism and environmentalism; and that traditional beliefs and values have been undermined by developments such as the spread of moral relativism. Moreover, the possibility is considered that the end of the Cold War has exacerbated tensions between varieties of conservatives - for example, free market and 'traditionalist' thinkers - because of the lack of common unifying purposes. The main body of the thesis is presented in two parts. Part I considers how the key traditional elements and themes of conservative ideology relate to the circumstances of the post-Cold War world, whilst Part 11 examines in detail its responses to a number of specific contemporary challenges. The purpose of this division is to facilitate a reflection upon the status of the ideas traditionally central to conservatism, together with an assessment of conservatives' abilities to engage with contemporary ideological developments.

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The thesis offers a study on the stock market volatility in the countries of Central Eastern Europe and South Eastern Europe. We provide a univariate GARCH modeling of the stock market indices PX, BUX, and WIG from the CEE region and CROBEX, BELEX-15, and MBI from the SEE region. Additionally, we present a bivariate GARCH models in order to examine the volatility transmissions and spillovers from the European equity market to the equity markets in CEE and SEE. Our results suggest higher persistence of volatility in the CEE countries than in SEE countries, significant leverage effect more evident in the CEE region than in the SEE region, and high synchronization in the volatility between the CEE equity markets and the European equity market. The multivariate GARCH results reveal certain statistically significant but small volatility spillovers from the European equity market to the equity market in Hungary, Poland, Serbia and Republic of Macedonia. The CEE equity markets record higher conditional correlation coefficient than the SEE countries towards the European equity market. In general, the CEE equity markets are a relatively homogenous group in terms of volatility, while the SEE equity markets are a diversified group in terms of volatility with low synchronization and correlation with the...

Call number: LD2668 .P7 1974 C55

D.Com. / Valuation is an intricate and complex problem. There are many approaches and models pertaining to this problem. The result of all these approaches is that investors are still confused because they are not fully, acquinted with the problems and strengths of the different approaches and models. It is therefore important to try to soIve this problem. The object of the study is to examine all the different approaches, especially the Capital Asset Pricing Model which has undergone extensive development. The literature is thoroughly discussed and various theoretical models which can be used in the valuation process are evaluated critically. The models which are discussed range from the traditional models to the more modern models of valuation. By using the information of 60 shares, the different approaches are empirically tested and practical problems are discussed.

The aim of this paper is to provide insights of market intelligence and answer to the question “What is market intelligence?” by reviewing existing literature of market intelligence. This study also aims to investigate the connection between market intelligence and Game theory, which is believed by the authors to create the foundation for market intelligence studies. The search of relevant material for this literature review was conducted by using the databases of Halmstad University and Google Scholar. Due to the lack of literature on market intelligence as an overall theory, also other literature, such as books, were utilized besides the articles. This study recognizes six theoretical connections based on the reviewed literature and Game theory. Also, a general definition of market intelligence was recognized as a result of the literature review.

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Thesis advisor: Matteo Iacoviello / Thesis advisor: Peter Ireland / Thesis advisor: Scott Schuh / These three essays are concerned with macroeconomic and monetary policy issues relating to the housing market and inflation-targeting. The essays can be characterized as applied macroeconomics in nature as they use insights from theory to construct macroeconomic models, which are then taken to the data. The first chapter in this study utilizes microeconomic evidence that nominal loss aversion plays a role in the pricing of housing services and explores the extent to which this phenomenon in the housing sector affects the macroeconomy as a whole. A two sector Dynamic Stochastic General Equilibrium model of housing and consumption goods with downward nominal price rigidity in the housing sector is constructed to examine how asymmetries in the nominal pricing of housing services affects monetary policy in stabilizing the economy in response to shocks. A calibration exercise is also performed to gain insight to what degree pricing dynamics in the housing sector are driven by the tendency of sellers to be nominally loss averse. The second chapter explores the disparities in the success rate in hitting an explicit inflation target among OECD and Emerging Market inflation targeters. The study proposes a framework to try to circumvent the "good luck"/"good policy" forces as drivers of better inflation-targeting outcomes by estimating a measure of central bank credibility in targeting regimes. Two main findings are that Emerging Market targeting banks are less successful than their OECD counterparts in establishing credibility in targeting inflation and that credible regimes last on the order of five to ten times as long as the relatively short-lived incredible regimes for the two groups of targeting countries. The third chapter, co-authored with Scott Schuh of the Federal Reserve Bank of Boston, takes a preliminary empirical step to model inflation outcomes for inflation band-targeting countries which allows us to isolate the empirical determinants of inflation escaping from the targeted band. We also use our framework to determine whether US inflation is consistent with inflation under an explicit targeting regime. Our model generates the result that US inflation during the last decade is well predicted by a model of inflation-targeting countries. / Thesis (PhD) — Boston College, 2008. / Submitted to: Boston College. Graduate School of Arts and Sciences. / Discipline: Economics.

prepared by Miranda Fan Suk Han, Joannie Wong Wai Fong. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1989. / Bibliography: leaves [135]-[138].