Results 131 to 140 of about 4,043,177 (393)
Borsa Istanbul Review, 2019 This paper investigates the effect of liquidity risk on asset returns in an emerging market, Borsa Istanbul, under the LCAPM framework. The results suggest that including illiquidity betas to the CAPM model contribute the explanation power of systematic ...
Erdinç Altay, Seda Çalgıcı
doaj
Size matters for OTC market makers: general results and dimensionality reduction techniques [PDF]
arXiv, 2019 In most OTC markets, a small number of market makers provide liquidity to other market participants. More precisely, for a list of assets, they set prices at which they agree to buy and sell. Market makers face therefore an interesting optimization problem: they need to choose bid and ask prices for making money while mitigating the risk associated ...
arxiv
Asset Market Liquidity Risk Management: A Generalized Theoretical Modeling Approach for Trading and Fund Management Portfolios [PDF]
Asset market liquidity risk is a significant and perplexing subject and though the term market liquidity risk is used quite chronically in academic literature it lacks an unambiguous definition, let alone understanding of the proposed risk measures.
Al Janabi, Mazin A. M.
core +1 more source
Limited Asset Market Participation: Does it Really Matter for Monetary Policy?
, 2011 We study the design of monetary policy in an economy characterized by staggered wage and price contracts together with limited asset market participation (LAMP). Contrary to previous results, we find that once nominal wage stickiness, an incontrovertible
G. Ascari, A. Colciago, L. Rossi
semanticscholar +1 more source
By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior
Journal of Political Economy, 1995 We present a consumption‐based model that explains a wide variety of dynamic asset pricing phenomena, including the procyclical variation of stock prices, the long‐horizon predictability of excess stock returns, and the countercyclical variation of stock
J. Campbell, J. Cochrane
semanticscholar +1 more source
Advanced Therapeutics, EarlyView.Cold plasma devices (J‐Plasma, Piezo Brush PZ3, Plasma Care) generate unique reactive species that penetrate tissues differently, enabling biofilm eradication while preserving tissue health. This study uncovers plasma‐device interactions with biofilms and surfaces, highlighting tailored applications for precision medicine and infection control ...
Thomas P. Thompson +14 more
wiley +1 more source
arXiv, 2019 An open market is a subset of an entire equity market composed of a certain fixed number of top capitalization stocks. Though the number of stocks in the open market is fixed, the constituents of the market change over time as each company's rank by its market capitalization fluctuates.
arxiv
Incomplete Diversification and Asset Pricing [PDF]
Investors in equilibrium are modeled as facing investor specific risks across the space of assets. Personalized asset pricing models reflect these risks.
Dilip Madan, Frank Milne, Robert Elliott
core
Asset Pricing with Liquidity Risk
, 2003 This Paper studies equilibrium asset pricing with liquidity risk (the risk arising from unpredictable changes in liquidity over time). It is shown that the required return on a security depends on its expected illiquidity, the covariances of its own ...
V. Acharya, L. Pedersen
semanticscholar +1 more source
Recent Advancements in Lung Cancer Metastasis Prevention Based on Nanostrategies
Advanced Science, EarlyView.Metastasis is the leading cause of death in patients with lung cancer. Nanomedicine can be used to prepare efficient drug delivery systems owing to their advantages and plays an important role in the synergistic antimetastasis of lung cancer. This comprehensive review summarizes the emerging nanostrategies against lung cancer metastasis based on the ...
Fan Xu +7 more
wiley +1 more source