Now showing items 171-174 of 174
Workforce localization and HRM practices in the Gulf countries: a literature review
(European Institute for Advanced Studies in Management (EIASM), 2015-04)
As members of the Gulf Cooperation Council (GCC), the states of Bahrain, Kuwait, Qatar, Oman, Saudi Arabia and the United Arab Emirates pursue localization as a government policy aimed at increasing the participation of ...
A Market Efficiency Comparison of Islamic and Non-Islamic Stock Indices
(Taylor & Francis Online, 2015)
This article examines the martingale difference hypothesis (MDH) and the random walk hypothesis (RWH) for nine conventional and nine Islamic stock indices: Asia-Pacific, Canadian, Developed Country, Emerging, European, ...
Can High-Order Convergence of European Option Prices be Achieved with Common CRR-Type Binomial Trees?
Considering European call options, we prove that CRR-type binomial trees systematically underprice the value of these options, when the spot price is not near the money. However, we show that, with a volatility premium to ...
Basin of Attraction through Invariant Curves and Dominant Functions
We study a second-order difference equation of the form 𝑧ₙ₊₁= 𝑧ₙ𝐹(𝑧ₙ₋₁) + ℎ, where both 𝐹(𝑧) and 𝑧𝐹(𝑧) are decreasing. We consider a set of invariant curves at ℎ = 1 and use it to characterize the behaviour of ...