July 2010

Application of data mining techniques in stock markets: A survey

  One of the most important problems in modern finance is finding efficient ways to summarize and visualize the stock market data to give individuals or institutions useful information about the market behavior for investment decisions. The enormous amount of valuable data generated by the stock market has attracted researchers to explore this problem domain using different methodologies. Potential significant...

Author(s): Ehsan Hajizadeh, Hamed Davari Ardakani and Jamal Shahrabi

July 2010

Monetary policy conduct: A hybrid framework

  This paper examines whether a small-open-economy, DSGE-based, New-Keynesian model can provide a natural framework for monetary policy conduct with the use of a hybrid monetary-policy regime. Allowing for some inflation inertia, a small-open-economy version of the Calvo sticky-price model to investigate hybrid inflation/price-level targeting was developed. This paper explores the proprieties of monetary policy...

Author(s): Mohamed Douch and Naceur Essadam