College campuses are becoming diverse academic communities with adult students enrolling in increasing numbers. A 1990 nationwide campus survey of all types of institutions indicated that 6 million students over age 25 are studying for college credit each year (National Center for Education Statistics, 1992). Also established was the fact that 45% of all undergraduate and graduate students were over age 25, with the prediction that over the next seven years that proportion could increase. Nevertheless, higher education in general has not been very responsive to older learners. The exception to this has been the two-year institution, which includes junior, community, and technical colleges. The multifaceted role of the junior college, which includes providing terminal and transfer programs along with multipurpose services in the community, transformed many such institutions into community colleges, reflecting their wider role in the community (Boss, 1985;Mickler & Zippert, 1987). Because of their emphasis on serving the community, as well as their capacity for responding quickly to market needs, two-year colleges have been more successful than four-year institutions in attracting nontraditional learners. Adult students bring to the classroom unique learning interests, educational goals, and instructional needs. Are educators responding appropriately?As college enrollments grow more diverse, meeting the instructional needs of a changing student population is paramount. Serving students well should include examining students' preferences for different teachCommunity College Review Volume 26, No. 1
Purpose
This paper aims to empirically investigate the volatility of Bitcoin, Litecoin and the Euro.
Design/methodology/approach
The authors use quantitative methodologies to assess the annualized volatility of two cryptocurrencies and one international fiat currency. The exchange rate of the currencies is monitored on a daily basis using 1,460 observations from January 1, 2014 to December 31, 2017. The models used include the augmented Dickey–Fuller test, Akaike Information Criteria, autocorrelation function and exchange rate changes determining which currency is the most volatile.
Findings
The findings indicate, based on the statistical measures used, including the standard deviation of selected currencies and annualized volatility, that Litecoin is more volatile than Bitcoin and the Euro and that Bitcoin is more volatile than the Euro. This furthers previous research on cryptocurrency volatility.
Originality/value
The paper provides compelling evidence about the volatility of Litecoin and Bitcoin. The volatility of cryptocurrencies is furthered with data that are more current. The findings are important for investors, financial markets and central banks.
International educational experiences can provide benefits for faculty members as well as higher education institutions and their students. The opportunity to lecture and conduct research with colleagues at universities in other countries can foster the globalization or internationalization of academic teaching, the advancement of knowledge, and cooperation among institutions. Research has shown that the experience abroad helps educators to gain a more global perspective that will enhance business classes. This article will show that a Fulbright experience abroad helps faculty to lead business students to be more knowledgeable and aware of international issues and global concerns.
This paper examines the evolution of effective exchange rates in nine Central and Eastern European countries in terms of development trends, volatility and cyclicality. Consequently, it provides direct empirical evidence on the nature of the relationship between effective exchange rates and selected macroeconomic fundamentals, addressing a key precondition of numerous exchange rate determination models and theories that attempt to explain the role of exchange rates in the economy. The results suggest that flexible exchange rate arrangements are reflected in both nominal and real effective exchange rates having higher volatility and variability. Furthermore, the results provide mixed evidence in terms of intensity, direction and cyclicality, but show a weak correlation between exchange rates and fundamentals. Sufficiently high coefficients are found only for money supply. Consequently, using fundamentals for the determination of exchange rates and using the exchange rate to explain economic development may be of limited use for the countries analyzed.
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