Results 21 to 30 of about 810,945 (328)
Moderating Effect of Tactical Asset Allocation on the Risk-Return Relationship in the Nigerian Stock Market [PDF]
Облік і фінанси, 2023 Before making investment decisions, the investor must find out the risk-return characteristics of investments with the help of investment strategies. These investment strategies, including drawdown, tactical asset allocation and short selling, are used ...
Yusuf Olatunji Oyedeko +3 more
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Journal of Economics, Business & Accountancy, 2017 Assorted types of market anomalies occur when stock prices deviate from the prediction of classical asset pricing theories. This study aims to examine asset growth anomaly where stocks with high asset growth will be followed by low returns in the ...
Muhammad Iqbal, Buddi Wibowo
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Incomplete markets and derivative assets [PDF]
Economic Theory, 2015 We analyze derivative asset trading in an economy in which agents face both aggregate and uninsurable idiosyncratic risks. Insurance markets are incomplete for idiosyncratic risk and, possibly, for aggregate risk as well. However, agents can exchange insurance against aggregate risk through derivative assets such as options.
Le Grand, François, Ragot, Xavier
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Cross-Border Asset Pledgeability for Enhanced Financial Stability
East Asian Economic Review, 2020 Even with the sizable Foreign Exchange (FX) holdings and good credit ratings of its top assets, Asia remains vulnerable to various shocks. This paper highlights the limited cross-border asset pledgeability as a significant factor for the lingering ...
Gongpil Choi
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Prices, Asset Markets and Indeterminacy [PDF]
Journal of Economic Theory, 1998 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
POLEMARCHAKIS, Heracles +1 more
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Open issues in testing liquidity in frontier financial markets: The case of Serbia [PDF]
Ekonomski Anali, 2010 This paper examines the impact of illiquidity and liquidity risk on expected asset returns in the Serbian stock market. For this market we estimate the conditional Liquidity-adjusted Capital Asset Pricing Model (LCAPM) of Acharya and Pedersen (2005).
Minović Jelena Z., Živković Boško R.
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Monetary attribute of stablecoins: A theoretical and empirical test
National Accounting Review, 2023 With the continuous expansion of their market size and scope of use, the monetary attribute of stablecoins has become a focal point. The identification of the monetary attribute of stablecoins is a prerequisite for their supervision. Based on the essence
Meng Fan , Jinping Dai
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Asset Prices and Asset Correlations in Illiquid Markets [PDF]
SSRN Electronic Journal, 2004 We build a new asset pricing framework to study the effects of aggregate illiquidity on asset prices, volatilities and correlations. The Black-Scholes economy is obtained in our framework as the limiting case of perfectly liquid markets. The model is consistent with empirical studies on the effects of illiquidity on asset returns, volatilities and ...
Alessio Caldarera, Celso Brunetti
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Using the Entire Yield Curve in Forecasting Output and Inflation
Econometrics, 2018 In forecasting a variable (forecast target) using many predictors, a factor model with principal components (PC) is often used. When the predictors are the yield curve (a set of many yields), the Nelson–Siegel (NS) factor model is used in place of ...
Eric Hillebrand +3 more
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Investigating Market Reaction to Asset Revaluation and Its Effect on Firm’s Access to Financing [PDF]
مطالعات تجربی حسابداری مالی, 2021 In this study, we examine the market reaction to the asset revaluation of listed companies. We first estimate the market reaction to the asset revaluation announcement, then explore potential explanations for the market reaction.
Roya Soltani, Ali ebrahimnejad
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