Results 101 to 110 of about 126,532 (367)
Double Exponential Instability of Triangular Arbitrage Systems
, 2012 If financial markets displayed the informational efficiency postulated in the efficient markets hypothesis (EMH), arbitrage operations would be self-extinguishing. The present paper considers arbitrage sequences in foreign exchange (FX) markets, in which
A. A. Cournot +21 more
core +1 more source
Banking market consolidation in Asia: Evidence from acquirers, targets, and rivals
International Journal of Finance &Economics, EarlyView.Abstract We analyse the financial sector consolidation in Asia by using a comprehensive sample of bank M&As from 1995 to 2021. Our results show that M&A announcements by Asian domestic acquirers are associated with significant positive stock price returns to both acquirers and their rivals.
Sascha Kolaric +2 more
wiley +1 more source
REGARD SUR LES DECISIONS SUSCEPTIBLES DE RECONNAISSANCE ET D’EXECUTION EN DROIT INTERNATIONAL PRIVE CONGOLAIS [PDF]
Cahiers Africains des Droits de l’Homme et de la Démocratie ainsi que du Développement Durable, 2023 La matière relative à la reconnaissance et l’exécution des décisions de justice étrangères relève de la partie du Droit international privé qui traite des conflits de juridictions qui est « l’expression traditionnellement utilisée pour désigner les ...
Héritier MOLISHO BASOSILA
doaj
Characterization of arbitrage-free markets
, 2005 The present paper deals with the characterization of no-arbitrage properties of a continuous semimartingale. The first main result, Theorem \refMainTheoremCharNA, extends the no-arbitrage criterion by Levental and Skorohod [Ann. Appl. Probab.
Strasser, Eva
core +1 more source
Virtual Arbitrage Pricing Theory [PDF]
arXiv, 1999 We generalize the Arbitrage Pricing Theory (APT) to include the contribution of virtual arbitrage opportunities. We model the arbitrage return by a stochastic process. The latter is incorporated in the APT framework to calculate the correction to the APT due to the virtual arbitrage opportunities.
arxiv
International Journal of Finance &Economics, EarlyView.Abstract This study examines green and non‐green‐banks from a financial stability point of view and specifically whether there are any discernible performance differences between the two groups. Using the supervisory ratios namely CAMEL variables, and employing panel data techniques (random effects model) and a global panel data set of 165 banks from ...
Ioannis Malandrakis, Konstantinos Drakos
wiley +1 more source
The impact of cryptocurrency heists on Bitcoin's market efficiency
International Journal of Finance &Economics, EarlyView.Abstract Within the adaptive market hypothesis (AMH) framework, this study explores the dynamic impact of cryptocurrency heists on Bitcoin's market efficiency. By analysing Bitcoin's one‐minute price data, we calculate permutation entropy to assess market disorder and employ the complexity‐entropy causality plane to quantify structural changes in the ...
Mingnan Li, Viktor Manahov, John Ashton
wiley +1 more source
A CRITICAL THEORETICAL ANALYSIS ON THE IMPLICATIONS OF EFFICIENT MARKET HYPOTHESIS (EMH) [PDF]
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2019 The main aim of this article is to provide a critical but complex theoretical framework regarding Efficient Market Hypothesis (EMH). Efficient Market Hypothesis is considered the centerpiece of modern financial theory.
MINEA ELENA LOREDANA
doaj
Diversity and no arbitrage [PDF]
arXiv, 2013 A stock market is called diverse if no stock can dominate the market in terms of relative capitalization. On one hand, this natural property leads to arbitrage in diffusion models under mild assumptions. On the other hand, it is also easy to construct diffusion models which are both diverse and free of arbitrage.
arxiv
, 2010 2 pages; a version of this paper will appear in the Encyclopaedia of Quantitative Finance, John Wiley and Sons ...
openaire +2 more sources