Lecture 5: Multivariate Models Financial Time Series‚ Spring 2015 MQF at Rutgers University Heng Sun February 24‚ 2015 1/46 Today’s Topics Vector time series basics VARMA(p‚q) Cointegration References Ruey Tsay‚ Analysis of Financial Time Series‚ Chp 8 Ruey Tsay‚ Multivariate Time Series Analysis 2/46 Vector Time Series Each observation at time t r1t r2t rt = . .. is a column vector in Rk T = [r1t ‚ r2t ‚ · · · ‚ rkt ] rkt Example of vectors of different time series
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Right to Equality in India Vis-à-Vis Reservation in favor of Backward Classes Nisshtha Ghai BBA-LLB Present Day Scenario Original Story: The Ant works hard in the withering heat all summer building its house & laying up supplies for the winter. The Grasshopper thinks the Ant is a fool & laughs dances plays the summer away. Come winter‚ the Ant is warm & well fed. The Grasshopper has no food or shelter so he dies out in the cold. Indian Version: The Ant works hard in the withering
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1 - Touraine‚ A. (1992)‚ "Présentation"‚ dans Critique de la modernité‚ L’idée de modernité définie par le triomphe de rationalité objective ou instrumentale‚ a perdu sa force de libération et de création‚ elle résiste aussi mal aux forces que l’appel aux droits de l’homme‚ à la montée du différencialisme et du racisme. Elle devient définie par la séparation du monde objectif créé par la raison‚ et du monde de la subjectivité qui est celui de l’individualisme qui fait appel à la liberté personnelle
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Problem You want to endow a chair for a female professor of finance at your alma mater. You’d like to attract a prestigious faculty member‚ so you’d like the endowment to add $100‚000 per year to the faculty member’s resources (salary‚ travel‚ databases‚ etc.) If you expect to earn a rate of return of 4% annually on the endowment‚ how much will you need to donate to fund the chair? Solution This is a perpetuity of $100‚000 per year. The funding you would need to give is the present value of that
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forming the structural hierarchy is Chemical‚ cellular‚ tissue‚ organ‚ organ system‚ organismal 2) The structural and functional unit of life is a cell 3) Which of the following is a major functional characteristic of all organisms? Movement‚ growth‚ metabolism‚ responsiveness. 4) Two of these organ systems bear the major responsibility for ensuring homeostasis of the internal environment. Nervous system and endocrine system 5) In (a)-(e)‚ a directional term [e.g.‚ distal in (a)] is followed by
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to exploitation Essentially Marx believed there would ultimately be a revolution Trickle down Economics Karl Marx view of class differentiation Social relations depend on who controls the primary mode of production Capitalism: economic system in which the means of production are held largely in private hands
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replace now or should we wait? A Since the two computers have unequal lives‚ the correct method to analyze the decision is the EAC. We will begin with the EAC of the new computer. Using the depreciation tax shield approach‚ the OCF for the new computer system is: OCF = ($125‚000)(1 – .38) + ($780‚000 / 5)(.38) = $136‚780 Aftertax salvage value = $140‚000(1 – .38) = $86‚800 Now we can calculate the NPV of the new computer as: NPV = –$780‚000 + $136‚780(PVIFA14%‚5) + $86‚800 / 1.145= –$265‚341.99 And the
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Reflection Seminar – Lecture Session On Elena Paulma‚ ED.D. Instructor Hazel R. Balan MSciEd Bio2 1st Sem SY 2012-201 REFLECTION Seminar – Lecture Session On “ Quantity and Quality Assurance in Education and Global Trends in Service Excellence “ By: Hazel R. Balan – MsciEd Bio 2 One of the thoughts I gained during the Seminar – Lecture Session is the vital task of education sector to the achievement of national development goals as embraced in the country’s
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3.4 Thermal Effect Shear strain In general‚ increase in temperature causes the atoms to vibrate more and makes average atomic spacing greater. Macroscopically‚ this will lead to dimension increase in solid: T + T +V T – T – V In an isotropic material‚ temperature change only introduces variation of direct (normal) strain. In other words‚ thermal deformation does not cause shear strain. where T0 is a reference temperature and = coefficient of thermal expansion (C)-1 Hooke’s
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There is a difference between the three estates and the caste system of India. The first estate was the Church‚ the second estate were the nobles or nights‚ and the third estate was the peasantry. There are many differences between these three estates. The Indian caste system has been in use for many years. The caste system has order and peace among the people in India. There is a comparison between the caste sytem of India and the three estates. The first estate represented about two percent
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