Encyclopedic Dictionary of International Finance and
is written and compiled
for working professionals engaged in the fields of international finance, global trade, foreign
investments, and banking. It may be used for day-to-day practice and for technical research.
is a practical reference of proven techniques, strategies, and
approaches that are successfully used by professionals to diagnose multinational finance and
The large loss eﬀect that we report reinforces the ﬁndings of Kamstra, Kramer, and Levi
(2000), who document a stock market eﬀect of similar magnitude in response to the daylight
saving clock change. While Pinegar (2002) argues that the “daylight saving anomaly” is sensitive
to outliers, our eﬀect remains economically and statistically signiﬁcant even after removing
outliers in the data and applying a number of robustness checks. Another contribution of this
paper is that we are able to go a long way towards addressing the main disadvantage of the event
One of the major challenges in designing modern communication networks is providing quality of service to the individual users. An important part of this design process is understanding statistical characteristics of network traf®c streams and their impact on network performance. Unlike the conventional voice traf®c, modern data traf®c exhibits an increased level of ``burstiness'' that spans over multiple time scales. It was observed that sample paths of these data sequences show evidence of self-similarity....