Results 11 to 20 of about 1,549,609 (329)
Trusting the Stock Market [PDF]
SSRN Electronic Journal, 2005 ABSTRACTWe study the effect that a general lack of trust can have on stock market participation. In deciding whether to buy stocks, investors factor in the risk of being cheated. The perception of this risk is a function of the objective characteristics of the stocks and the subjective characteristics of the investor. Less trusting individuals are less
Luigi Guiso +6 more
core +11 more sources
Stock Market and No‐Dividend Stocks [PDF]
The Journal of Finance, 2021 ABSTRACTWe develop a stationary model of the aggregate stock market featuring both dividend‐paying and no‐dividend stocks within a familiar, parsimonious consumption‐based equilibrium framework. We find that such a simple feature leads to profound implications supporting several stock market empirical regularities that leading consumption‐based asset ...
Atmaz, A, Basak, S
openaire +1 more source
Increasing market efficiency in the stock markets [PDF]
The European Physical Journal B, 2008 We study the temporal evolution of the market efficiency in the stock markets using the complexity, entropy density, standard deviation, autocorrelation function, and probability distribution of the log return for Standard and Poor's 500 (S&P 500), Nikkei stock average index, and Korean composition stock price index (KOSPI).
Taisei Kaizoji +4 more
openaire +4 more sources
Stock Market Reforms and Stock Market Performance
International Journal of Financial Research, 2021 This paper analyses the impact of stock market reforms on the stock market performance in India using regression based event-study method. We consider nine stock market reforms introduced from 1998 to 2018. We find that the impact of stock market reforms on Nifty trading volume and Nifty return is different.
Karthigai Prakasam Chellaswamy +2 more
openaire +3 more sources
Is the Stock Market Overvalued? [PDF]
Quarterly Review, 2000 The value of U.S. corporate equity in the first half of 2000 was close to 1.8 times U.S. gross national product (GNP). Some stockmarket analysts have argued that the market is overvalued at this level. We use a growth model with an explicit corporate sector and find that the market is correctly valued.
Ellen R. McGrattan, Edward C. Prescott
openaire +4 more sources
Stock market cycles and stock market development in Spain [PDF]
Spanish Economic Review, 2004 In this paper we use Spanish stock market data to identify the bull and bear phases of the market and to analyze its characteristics during the period 1941-2002. We compare these characteristics with those of the US and of two other European countries (Germany and the UK).
Javier Gómez Biscarri +1 more
openaire +2 more sources
Stock Market Volatility and Learning [PDF]
SSRN Electronic Journal, 2008 ABSTRACTWe show that consumption‐based asset pricing models with time‐separable preferences generate realistic amounts of stock price volatility if one allows for small deviations from rational expectations. Rational investors with subjective beliefs about price behavior optimally learn from past price observations.
KLAUS ADAM +2 more
openaire +14 more sources
Dynamic co-movements of stock market returns, implied volatility and policy uncertainty [PDF]
, 2013 We examine time-varying correlations among stock market returns, implied volatility and policy uncertainty. Our findings suggest that correlations are indeed time-varying and sensitive to oil demand shocks and US recessions.
Antonakakis, N. +2 more
core +1 more source
The mechanism of integration of the Ukrainian stock market in the world stock market [PDF]
E3S Web of Conferences, 2020 The article is devoted to structuring and improving the methodological foundations of the mechanism of state regulation of the stock market. Priority directions for the development of the stock market are determined in order to strengthen its role in ...
Slobodianyk Anna +2 more
doaj +1 more source
Long Memory and Stock Market Efficiency: Case of Saudi Arabia
International Journal of Economics and Financial Issues, 2020 This paper examines the market efficiency of Saudi Arabia stock exchange market namely Tadawul All Share Index, TASI, for the period from 1998 to 2020.
Rim Ammar Lamouchi
doaj +4 more sources