Browsing by Subject "economic structure"

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    The contemporary Turkish poster and its evolution in parallel with the economic structure
    (1992) Yücel, Emrah
    The aim of this tliesis is to analyze the development o f the ‘Turkish poster' in connection with the development o f the economic structure and to take a critical look at its contemporaiy problems. This thesis will be supported by the inclusion o f a poster with social content; a genre which I find to be lacking in our country.
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    Informed traders’ arrival in foreign exchange markets: Does geography matter?
    (Springer Verlag, 2015) Gençay, R.; Gradojevic, N.; Olsen, R.; Selçuk F.
    This article critically investigates the possibility that private information offering systematic profit opportunities exists in the spot foreign exchange market. Using a unique dataset with trader-specific limit and market order histories for more than 10,000 traders, we detect transaction behavior consistent with the informed trading hypothesis, where traders consistently make money. We then work within the theoretical framework of a high-frequency version of a structural microstructure trade model, which directly measures the market maker’s beliefs. Both the estimates of the trade model parameters and our model-free analysis of the data suggest that the time-varying pattern of the probability of informed trading is rooted in the strategic arrival of informed traders on a particular day-of-week, hour-of-day, or geographic location (market). © 2015, Springer-Verlag Berlin Heidelberg.