Quantitative Methods Research Paper Example | Topics and Well Written Essays - 2500 words

Quantitative Methods - Research Paper ExampleThe importance of the co consolidation concept in the economic literature is due to the possibility of linking. The linking is due to the information about long pitch equilibrium of LTK and LOBC. The statistical evidence of short run dynamics in observed series helps in estimating the integration between the values. The each element of a vector of time series need to pay back a unit root. If there exists a linear combination, then it is stationary. A non parametric approach depose be proposed to study the co integrate system. A discrete time p variate integrated process of order d with drift can be defined by square of Yt. Yt is the integration of values from Y1 to Yt.In 2001 the IMF board meeting held in 2001 paved the way for long awaiting IMF loans that have exceeded the countersink of US$16 billion. These will have supplementary facilities also. The financial motley foolets have been swarmed with a flow of broad(a) news and th e application of savings banking reacpitalisation and the international cojuncture will be variables that divert the direction of the markets.The redemption of USD61 billion of municipal by treasury and the borrowing of USD 46.5 billion has initiated the availability of investments for the industries. The treasury aimed to reduce the total debt stock to unwashed national product ration to 86.9 percent in 2002. The previous one is 94.7 percent. This indicates the increase of GNP and a chance of increase of productivity and share prices. It is believed that the longer dated T-bills and other higher real returns rough 20 percent annualized comparison to shorter dated issues depend on O/N repo. This was based on inflation estimates and the moderate inflation resulted in increase of share prices and productivity. Though there is an intensive agendum the daily volume of equities in Istanbul stock exchange fluctuated around USD 400 million. This is due to the jitters over the politic al disputes that can effect the economy. As 2001 is a dismal year of performance the bench mark index of ISE eased down in January. This is due to the new letter intent coupled with the celestial latitude inflation. This was posted lower than expected. The result of decreasing of USD in 2001 did not interfere in the business much. The harmonization bill, the expectation of US attack on Iraq, the banking recapitalization scheme, acceleration of the privatization process and other various laws passed by the fantan are indicators that made the business grow. This resulted in ISE 100 index inclined by 5.3 percent in terms of dollar. The USD 16 billion and the IMF credit facilities resulted in structural and infrastructure reforms and resulted in private bank recapitalization scheme being most significant of all the milestones. The rehabilitation of the state banking system and the segregation of the suffer private banks from the system reinforced the private banks and made robust step in banking reforms. The asset counseling companies were established and the hurdles intimidating the foreign and domestic investors were eliminated. The harmonization of privatization by EU has generated USD 1.5 billion in 2002.