Modern English

The three variance equation parameters such as ω, α, and β of GARCH-M model with different error distributions for all subset data were significant at 1% level with correct signs which provide evidence in favor of ARCH and GARCH effect. The significant value of ARCH term (α) implies that past stock price innovation influence on current volatility whereas significant GARCH parameter (β) suggest that current volatility of stock price is influenced by past volatility. For asymmetric models…

Salvador Dali was one of the most famous artists of the twentieth century and he was also a well-renowned surrealist. Dali would create crazy things with his imagination; “Dali was renowned for his flamboyant personality and role of mischievous provocateur as much as for his undeniable technical virtuosity. In his early use of organic morphology, his work bears the stamp of fellow Spaniards Pablo Picasso and Joan Miró. His paintings also evince a fascination for Classical and Renaissance art,…

To Create or to Not Create When I look back at the different periods of art, there are some that I admire. In those periods, I find artwork that is astonishing both in size and in artistic ability. I believe that I could have created Starry Night, by Vincent Van Gogh in 1889, because it is a piece that I enjoy to look at. I feel as though it speaks to me, and portrays somethings that I feel. However, I could never have created the sculpture St. Mark, by Donatello in 1413, because it was so…

Figure 1 shows a Capital Market Line (CML), this line represents the relationship between risk and expected return of efficient portfolio that contains both risky and risk free assets. . The starting point of the CML shows the risk free return where the target return is 0.0036 with a standard deviation of 0.00018 (zero). The optimal market portfolio is where the target return is 0.0208 and the standard deviation is 0.03578. at this tangent point, the best portfolio for investors is generated.…

psychologist. About my third week of treatment, I received a glossy package in the mail. Gold intricate designs covered the front half of the maroon colored envelope inside. Trying to find the source of the letter, I came across the words, “Museum of Modern Art”. In that moment, I experienced a journey of tingles coming through my body, my hands shook and perspired, and that sensation felt surreal. Checking the hearth of package, it came from across the country from New York. I escaped the dry…

Edward Hopper’s dark oil painting, Nighthawks inspired me. Nighthawks is something I never want the world to look like. His art inspired me to be the change. The dark colors used made New York City feel like a sad and lonely place. I wanted to change this. The city is bright, loud, and filled with energy and this art goes against what the city is known for. This is related to me because I am not a sad and lonely person. I deviated from the original to show my bright attitude. I used color to…

Deciding which famous artist to write about is a lot like choosing which kid is your favorite, for this assignment, I have chosen Vincent Van Gogh. The paintings I will write about are his “Starry Night” which may be his most well-known and possibly his last painting “Wheatfield with Crows.” I have chosen these paintings because of the importance they represent and the story behind them. In this essay, I will breakdown the paintings, compare and contrast them and give a brief background of the…

The modern portfolio theory was based on risk and return trade-offs and was developed in earlier works of Harry Markowitz (1952, 1959) and Roy (1952). According to Markowitz (1952), risk can be eliminated through diversification by spreading the wealth across the assets. In his work, Markowitz (1959) implemented the theory of mean-variance of market portfolio which provided the initial foundation for capital asset pricing model. His model was a static model which assumed that investors tend to…

Spanning the years 1765 to 1769, the French artist Jean-Baptiste Greuze painted The Dreamer in oil on canvas. His painting, The Dreamer is a beautiful example of Greuze’s talent in portraying emotion by successfully combining the elements of art which enhance the mood of the image. Greuze creates a well constructed composition through the use of line, color and light to convey the state of being at rest and nearing a peaceful slumber. His use of smooth, flowing lines which curve with the…

Throughout this course, I have faced a multitude of new strategies for writing and have encountered difficulties along the way. However, through the instruction I have received, I truly think that I have developed as a writer in this class. I may not have realized this in the beginning, but looking back I have definitely grown. Furthermore, I can tell that I will continue to grow and succeed through this class. I started off with a fairly strong background in writing, but not so much in rhetoric…