scholarly journals Swiss Franc from the Croatian Perspective

2018 ◽  
Vol 7 (3) ◽  
pp. 41-56
Author(s):  
Mile Bošnjak
Keyword(s):  
Financial Integration ◽  
Information Criteria ◽  
Swiss Franc ◽  
Data Sets ◽  
Daily Data ◽  
Time Period ◽  
Best Fitting ◽  
Standard Information ◽  
Safe Haven Currency ◽  
Fitting Model

Abstract In Croatia and other countries of Central and Eastern Europe, as a consequence of deep financial integration and abolition of capital controls, considerable loans to households indexed to the Swiss franc have emerged. Although all of researchers of the Swiss franc do not agree entirely on whether the Swiss franc is a safe haven currency, its property of continuous appreciation is commonly accepted. There was a continuous appreciation of the Swiss franc over the Croatian kuna. This paper examines the performance of several ARCH-based models for Swiss franc against the Croatian kuna on daily data sets within time period from 1997 to 2010. Evaluating the models through standard information criteria Component ARCH (1,1) is found to be the best-fitting model.

scholarly journals Sarima Modeling of Monthly Temperature in the Northern part of Ghana

2021 ◽  
pp. 37-45
Author(s):  
Emmanuel Ayitey ◽  
Justice Kangah ◽  
Frank B. K. Twenefour
Keyword(s):  
Northern Region ◽  
Temperature Data ◽  
Information Criteria ◽  
Sarima Model ◽  
Monthly Temperature ◽  
Augmented Dickey Fuller ◽  
Best Fitting ◽  
Adf Test ◽  
Fitting Model ◽  
Sarima Models

The Sarima model is used in this study to forecast the monthly temperature in Ghana's northern region. The researchers used temperature data from January 1990 to December 2020. The temperature data was found to be stationary using the Augmented Dickey Fuller (ADF) test. The ACF and PACF plots proposed six SARIMA models: SARIMA (1,0,0) (1,0,0) (12), SARIMA (2,0,0) (1,0,0) (12), SARIMA (1,0,1) (1,0,0) (12), SARIMA (0,0,1) (1,0,0) (12), SARIMA (0,0,1) (0,0,1) (12), SARIMA (0,0,1) (0,0,1) (12). The best model was chosen based on the lowest Akaike Information Criteria (AICs) and Bayesian Information Criteria (BIC) values. The Ljung-Box data, among others, were used to determine the model's quality. All diagnostic tests are passed by the SARIMA (1,0,0) (1,0,0) (12) model. As a result, the SARIMA (1,0,0) (1,0,0) (12) is the best-fitting model for predicting monthly temperatures in Ghana's northern region.

scholarly journals A Volatility Estimator of Stock Market Indices Based on the Intrinsic Entropy Model

Entropy ◽  
2021 ◽  
Vol 23 (4) ◽  
pp. 484
Author(s):  
Claudiu Vințe ◽  
Marcel Ausloos ◽  
Titus Felix Furtună
Keyword(s):  
Stock Market ◽  
Time Frame ◽  
Data Sets ◽  
Entropy Model ◽  
Daily Data ◽  
Volatility Models ◽  
Derivative Instruments ◽  
Securities Industry ◽  
Time Frames ◽  
Financial Securities

Grasping the historical volatility of stock market indices and accurately estimating are two of the major focuses of those involved in the financial securities industry and derivative instruments pricing. This paper presents the results of employing the intrinsic entropy model as a substitute for estimating the volatility of stock market indices. Diverging from the widely used volatility models that take into account only the elements related to the traded prices, namely the open, high, low, and close prices of a trading day (OHLC), the intrinsic entropy model takes into account the traded volumes during the considered time frame as well. We adjust the intraday intrinsic entropy model that we introduced earlier for exchange-traded securities in order to connect daily OHLC prices with the ratio of the corresponding daily volume to the overall volume traded in the considered period. The intrinsic entropy model conceptualizes this ratio as entropic probability or market credence assigned to the corresponding price level. The intrinsic entropy is computed using historical daily data for traded market indices (S&P 500, Dow 30, NYSE Composite, NASDAQ Composite, Nikkei 225, and Hang Seng Index). We compare the results produced by the intrinsic entropy model with the volatility estimates obtained for the same data sets using widely employed industry volatility estimators. The intrinsic entropy model proves to consistently deliver reliable estimates for various time frames while showing peculiarly high values for the coefficient of variation, with the estimates falling in a significantly lower interval range compared with those provided by the other advanced volatility estimators.

165 Effects of Digestible Lysine Level on Growth Performance and Economics of Grow-finish Pigs

2021 ◽  
Vol 99 (Supplement_1) ◽  
pp. 58-59
Author(s):  
Larissa L Becker ◽  
Emily E Scholtz ◽  
Joel M DeRouchey ◽  
Mike D Tokach ◽  
Jason C Woodworth ◽  
...  
Keyword(s):  
Phase 1 ◽  
Information Criterion ◽  
Response Curves ◽  
Phase 3 ◽  
Ileal Digestibility ◽  
Distillers Dried Grains ◽  
Feed Cost ◽  
Best Fitting ◽  
Dietary Treatments ◽  
Fitting Model

Abstract A total of 2,124 barrows and gilts (PIC 1050′DNA 600, initially 48.9 kg) were used in a 32-d study to determine the optimal dietary standardized ileal digestibility (SID) Lys level in a commercial setting. Pigs were randomly allotted to 1 of 5 dietary treatments with 24 to 27 pigs/pen and 16 replications/treatment. Similar number of barrows and gilts were placed in each pen. Diets were fed over 3 phases (48.9 to 58.6, 58.6 to 70.9, and 70.9 to 80.8 kg respectively). Dietary treatments were corn-soybean meal-based and contained 10 (phase 1 and 2) or 5% (phase 3) distillers dried grains with solubles. Diets were formulated to 85, 95, 103, 110, or 120% of the current Pig Improvement Company (PIC, Hendersonville, TN) SID Lys gilt recommendations with phase 1 SID Lys levels of 0.90, 1.01, 1.09, 1.17 and 1.27%, phase 2 levels of 0.79, 0.87, 0.94, 1.03, and 1.10%, and phase 3 levels of 0.71, 0.78, 0.85, 0.92, and 0.99%, respectively. Dose response curves were evaluated using linear (LM), quadratic polynomial (QP), broken-line linear (BLL), and broken-line quadratic (BLQ) models. For each response variable, the best-fitting model was selected using the Bayesian information criterion. Overall (d 0 to 32), increasing SID Lys increased (linear, P< 0.001) BW, ADG, G:F, Lys intake/d, and Lys intake/kg of gain. Modeling margin over feed cost (MOFC), BLL and QP estimated the requirement at 105.8% and 113.7% respectively. In summary, while growth increased linearly up to 120% of the PIC current feeding level, the optimal MOFC was 106% to 114% depending on the model used.

Genetic and Environmental Influences of Dietary Indices in a UK Female Twin Cohort

2020 ◽  
Vol 23 (6) ◽  
pp. 330-337
Author(s):  
Olatz Mompeo ◽  
Rachel Gibson ◽  
Paraskevi Christofidou ◽  
Tim D. Spector ◽  
Cristina Menni ◽  
...  
Keyword(s):  
Healthy Eating ◽  
Menopausal Status ◽  
Healthy Eating Index ◽  
Healthy Diet ◽  
Nutritional Epidemiology ◽  
Best Fitting ◽  
Heritability Estimates ◽  
Fitting Model ◽  
Dietary Indices ◽  
Health Parameters

AbstractA healthy diet is associated with the improvement or maintenance of health parameters, and several indices have been proposed to assess diet quality comprehensively. Twin studies have found that some specific foods, nutrients and food patterns have a heritable component; however, the heritability of overall dietary intake has not yet been estimated. Here, we compute heritability estimates of the nine most common dietary indices utilized in nutritional epidemiology. We analyzed 2590 female twins from TwinsUK (653 monozygotic [MZ] and 642 dizygotic [DZ] pairs) who completed a 131-item food frequency questionnaire (FFQ). Heritability estimates were computed using structural equation models (SEM) adjusting for body mass index (BMI), smoking status, Index of Multiple Deprivation (IMD), physical activity, menopausal status, energy and alcohol intake. The AE model was the best-fitting model for most of the analyzed dietary scores (seven out of nine), with heritability estimates ranging from 10.1% (95% CI [.02, .18]) for the Dietary Reference Values (DRV) to 42.7% (95% CI [.36, .49]) for the Alternative Healthy Eating Index (A-HEI). The ACE model was the best-fitting model for the Healthy Diet Indicator (HDI) and Healthy Eating Index 2010 (HEI-2010) with heritability estimates of 5.4% (95% CI [−.17, .28]) and 25.4% (95% CI [.05, .46]), respectively. Here, we find that all analyzed dietary indices have a heritable component, suggesting that there is a genetic predisposition regulating what you eat. Future studies should explore genes underlying dietary indices to further understand the genetic disposition toward diet-related health parameters.

Origins and Destinations – Social Security Claimant Dynamics

1998 ◽  
Vol 27 (3) ◽  
pp. 351-369 ◽  
Author(s):  
MICHAEL NOBLE ◽  
SIN YI CHEUNG ◽  
GEORGE SMITH
Keyword(s):  
The United States ◽  
Data Sets ◽  
Income Support ◽  
Data Set ◽  
Family Structures ◽  
Highly Educated ◽  
Lone Parents ◽  
Lone Mothers ◽  
Time Period ◽  
Short Time

This article briefly reviews American and British literature on welfare dynamics and examines the concepts of welfare dependency and ‘dependency culture’ with particular reference to lone parents. Using UK benefit data sets, the welfare dynamics of lone mothers are examined to explore the extent to which they inform the debates. Evidence from Housing Benefits data show that even over a relatively short time period, there is significant turnover in the benefits-dependent lone parent population with movement in and out of income support as well as movement into other family structures. Younger lone parents and owner-occupiers tend to leave the data set while older lone parents and council tenants are most likely to stay. Some owner-occupier lone parents may be relatively well off and on income support for a relatively short time between separation and a financial settlement being reached. They may also represent a more highly educated and highly skilled group with easier access to the labour market than renters. Any policy moves paralleling those in the United States to time limit benefit will disproportionately affect older lone parents.

scholarly journals Consistent satellite XCO<sub>2</sub> retrievals from SCIAMACHY and GOSAT using the BESD algorithm

2015 ◽  
Vol 8 (2) ◽  
pp. 1787-1832 ◽  
Author(s):  
J. Heymann ◽  
M. Reuter ◽  
M. Hilker ◽  
M. Buchwitz ◽  
O. Schneising ◽  
...  
Keyword(s):  
Carbon Cycle ◽  
Detailed Comparison ◽  
Mean Difference ◽  
Total Carbon ◽  
Retrieval Algorithm ◽  
Data Sets ◽  
Data Set ◽  
Time Period ◽  
Comparison Results ◽  
The Future

Abstract. Consistent and accurate long-term data sets of global atmospheric concentrations of carbon dioxide (CO2) are required for carbon cycle and climate related research. However, global data sets based on satellite observations may suffer from inconsistencies originating from the use of products derived from different satellites as needed to cover a long enough time period. One reason for inconsistencies can be the use of different retrieval algorithms. We address this potential issue by applying the same algorithm, the Bremen Optimal Estimation DOAS (BESD) algorithm, to different satellite instruments, SCIAMACHY onboard ENVISAT (March 2002–April 2012) and TANSO-FTS onboard GOSAT (launched in January 2009), to retrieve XCO2, the column-averaged dry-air mole fraction of CO2. BESD has been initially developed for SCIAMACHY XCO2 retrievals. Here, we present the first detailed assessment of the new GOSAT BESD XCO2 product. GOSAT BESD XCO2 is a product generated and delivered to the MACC project for assimilation into ECMWF's Integrated Forecasting System (IFS). We describe the modifications of the BESD algorithm needed in order to retrieve XCO2 from GOSAT and present detailed comparisons with ground-based observations of XCO2 from the Total Carbon Column Observing Network (TCCON). We discuss detailed comparison results between all three XCO2 data sets (SCIAMACHY, GOSAT and TCCON). The comparison results demonstrate the good consistency between the SCIAMACHY and the GOSAT XCO2. For example, we found a mean difference for daily averages of −0.60 ± 1.56 ppm (mean difference ± standard deviation) for GOSAT-SCIAMACHY (linear correlation coefficient r = 0.82), −0.34 ± 1.37 ppm (r = 0.86) for GOSAT-TCCON and 0.10 ± 1.79 ppm (r = 0.75) for SCIAMACHY-TCCON. The remaining differences between GOSAT and SCIAMACHY are likely due to non-perfect collocation (±2 h, 10° × 10° around TCCON sites), i.e., the observed air masses are not exactly identical, but likely also due to a still non-perfect BESD retrieval algorithm, which will be continuously improved in the future. Our overarching goal is to generate a satellite-derived XCO2 data set appropriate for climate and carbon cycle research covering the longest possible time period. We therefore also plan to extend the existing SCIAMACHY and GOSAT data set discussed here by using also data from other missions (e.g., OCO-2, GOSAT-2, CarbonSat) in the future.

Comparing productive vocabulary measures from the CDI and a systematic diary study

1999 ◽  
Vol 26 (1) ◽  
pp. 177-185 ◽  
Author(s):  
BYRON F. ROBINSON ◽  
CAROLYN B. MERVIS
Keyword(s):  
Growth Curves ◽  
Diary Study ◽  
Expressive Vocabulary ◽  
Early Language ◽  
Vocabulary Size ◽  
Early Language Development ◽  
Closed Class ◽  
Communicative Development ◽  
Best Fitting ◽  
Fitting Model

Expressive vocabulary data gathered during a systematic diary study of one male child's early language development are compared to data that would have resulted from longitudinal administration of the MacArthur Communicative Development Inventories spoken vocabulary checklist (CDI). Comparisons are made for (1) the number of words at monthly intervals (9;10.15 to 2;0.15), (2) proportion of words by lexical class (i.e. noun, predicate, closed class, ‘other’), (3) growth curves. The CDI underestimates the number of words in the diary study, with the underestimation increasing as vocabulary size increases. The proportion of diary study words appearing on the CDI differed as a function of lexical class. Finally, despite the differences in vocabulary size, logistic curves proved to be the best fitting model to characterize vocabulary development as measured by both the diary study and the CDI. Implications for the longitudinal use of the CDI are discussed.

The New Statistics with R

2021 ◽  
Author(s):  
Andy Hector
Keyword(s):  
Linear Model ◽  
Evolutionary Biology ◽  
Environmental Science ◽  
Research Training ◽  
Model Analysis ◽  
Scientific Data ◽  
Information Criteria ◽  
Reproducible Research ◽  
Data Sets ◽  
R Programming

Statistics is a fundamental component of the scientific toolbox, but learning the basics of this area of mathematics is one of the most challenging parts of a research training. This book gives an up-to-date introduction to the classical techniques and modern extensions of linear-model analysis—one of the most useful approaches in the analysis of scientific data in the life and environmental sciences. The book emphasizes an estimation-based approach that takes account of recent criticisms of overuse of probability values and introduces the alternative approach using information criteria. The book is based on the use of the open-source R programming language for statistics and graphics, which is rapidly becoming the lingua franca in many areas of science. This second edition adds new chapters, including one discussing some of the complexities of linear-model analysis and another introducing reproducible research documents using the R Markdown package. Statistics is introduced through worked analyses performed in R using interesting data sets from ecology, evolutionary biology, and environmental science. The data sets and R scripts are available as supporting material.

Developing an Empirical Yield-Prediction Model Based on Wheat and Wild Oat (Avena fatua) Density, Nitrogen and Herbicide Rate, and Growing-Season Precipitation

Weed Science ◽  
2007 ◽  
Vol 55 (6) ◽  
pp. 652-664 ◽  
Author(s):  
N. C. Wagner ◽  
B. D. Maxwell ◽  
M. L. Taper ◽  
L. J. Rew
Keyword(s):  
Field Data ◽  
Wheat Yield ◽  
Growing Season ◽  
Predictor Variables ◽  
Data Sets ◽  
Wild Oat ◽  
Best Fitting ◽  
Weed Infestation ◽  
Growing Season Precipitation ◽  
Better Than

To develop a more complete understanding of the ecological factors that regulate crop productivity, we tested the relative predictive power of yield models driven by five predictor variables: wheat and wild oat density, nitrogen and herbicide rate, and growing-season precipitation. Existing data sets were collected and used in a meta-analysis of the ability of at least two predictor variables to explain variations in wheat yield. Yield responses were asymptotic with increasing crop and weed density; however, asymptotic trends were lacking as herbicide and fertilizer levels were increased. Based on the independent field data, the three best-fitting models (in order) from the candidate set of models were a multiple regression equation that included all five predictor variables (R2= 0.71), a double-hyperbolic equation including three input predictor variables (R2= 0.63), and a nonlinear model including all five predictor variables (R2= 0.56). The double-hyperbolic, three-predictor model, which did not include herbicide and fertilizer influence on yield, performed slightly better than the five-variable nonlinear model including these predictors, illustrating the large amount of variation in wheat yield and the lack of concrete knowledge upon which farmers base their fertilizer and herbicide management decisions, especially when weed infestation causes competition for limited nitrogen and water. It was difficult to elucidate the ecological first principles in the noisy field data and to build effective models based on disjointed data sets, where none of the studies measured all five variables. To address this disparity, we conducted a five-variable full-factorial greenhouse experiment. Based on our five-variable greenhouse experiment, the best-fitting model was a new nonlinear equation including all five predictor variables and was shown to fit the greenhouse data better than four previously developed agronomic models with anR2of 0.66. Development of this mathematical model, through model selection and parameterization with field and greenhouse data, represents the initial step in building a decision support system for site-specific and variable-rate management of herbicide, fertilizer, and crop seeding rate that considers varying levels of available water and weed infestation.

Mixture copulas and insurance applications

2018 ◽  
Vol 12 (2) ◽  
pp. 391-411
Author(s):  
Maissa Tamraz
Keyword(s):  
Joint Distribution ◽  
Stable Distribution ◽  
Random Variable ◽  
Fixed Time ◽  
Collective Model ◽  
Data Sets ◽  
New Model ◽  
Time Period ◽  
Insurance Data ◽  
Dependence Property

AbstractIn the classical collective model over a fixed time period of two insurance portfolios, we are interested, in this contribution, in the models that relate to the joint distributionFof the largest claim amounts observed in both insurance portfolios. Specifically, we consider the tractable model where the claim counting random variableNfollows a discrete-stable distribution with parameters (α,λ). We investigate the dependence property ofFwith respect to both parametersαandλ. Furthermore, we present several applications of the new model to concrete insurance data sets and assess the fit of our new model with respect to other models already considered in some recent contributions. We can see that our model performs well with respect to most data sets.

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