#### Filter Results:

- Full text PDF available (4)

#### Publication Year

2000

2007

- This year (0)
- Last 5 years (0)
- Last 10 years (1)

#### Publication Type

#### Co-author

#### Journals and Conferences

Learn More

- Gikas Hardouvelis, Dimitrios Malliaropulos, Richard Priestley, Bernard Dumas, Bruno Solnik, Warren Bailey
- 2000

This paper examines the level of integration of European stock markets. We estimate a conditional asset pricing model, which allows for a time-varying degree of integration that measures the importance of EU-wide risk relative to country-speci c risk. The model accounts for intra-European currency risk, time-varying quantities and prices of risk. The… (More)

- Ben Groom, Phoebe Koundouri, +4 authors Nikitas Pittis
- 2004

Evaluating investments with long-term consequences using discount rates that decline with the time horizon, (Declining Discount Rates or DDRs) means that future welfare changes are of greater consequence in present value terms. Recent work in this area has turned towards operationalising the theory and establishing a schedule of DDRs for use in cost benefit… (More)

We ®nd empirical evidence that in ̄ation, nominal, and real interest rates in the US are trend-stationary with a structural break in both the unconditional mean and the drift rate of a deterministic trend, which occurs shortly after the change in operating procedures of the Fed in September 1979. This ®nding casts some doubts on cointegration tests of the… (More)

- Michail Koubouros, Dimitrios Malliaropulos, Ekaterini Panopoulou
- Mathematical and Computer Modelling
- 2007

- Dimitrios Malliaropulos, Ekaterini Panopoulou, Nikitas Pittis, Theologos Pantelidis
- 2006

This paper employs a new methodology for measuring the contribution of growth and interest rate differentials to the half-life of deviations from Purchasing Power Parity (PPP). Our method is based on directly comparing the impulse response function of a VAR model, where the real exchange rate is Granger caused by these variables with the impulse response… (More)

- ‹
- 1
- ›