The Improvement Path for Credit ABS of Commercial Banks—A Case Study of China Construction Bank [PDF]
This article focuses on the current state of asset securitization in China Construction Bank (CCB). It conducts an in-depth analysis of two areas, namely non-performing asset securitization and green asset securitization, and explores suitable ...
Qu Zhiming
doaj +1 more source
Moderating Effect of Tactical Asset Allocation on the Risk-Return Relationship in the Nigerian Stock Market [PDF]
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
doaj +1 more source
CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*
One of the problems which has plagued thouse attempting to predict the behavior of capital marcets is the absence of a body of positive of microeconomic theory dealing with conditions of risk/ Althuogh many usefull insights can be obtaine from the ...
W. Sharpe
semanticscholar +1 more source
Managing markets for toxic assets [PDF]
Abstract A model in which banks trade toxic assets to raise funds for investment is analyzed. Toxic assets generate an adverse selection problem and, consequently, the interbank asset market provides insufficient liquidity. Investment is inefficiently low because acquiring funding requires banks to sell high-quality assets for less than their “fair ...
Christopher L. House+1 more
openaire +3 more sources
Assets, Markets and Poverty in Brazil [PDF]
This paper establishes a basis of research on the relationships among poverty, resources distribution and assets markets operation. The main objective is to help the implementation of capital enhancing policies towards the poor. The strategy followed is to analyze three different types of impact that increasing the assets of the poor may have on social
Nascimento, Mabel+3 more
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Exploring Dynamic Asset Pricing within Bachelier Market Model [PDF]
This paper delves into the dynamics of asset pricing within Bachelier market model, elucidating the representation of risky asset price dynamics and the definition of riskless assets.
arxiv
Asset Specificity and the Secondary Market for Productive Assets [PDF]
AbstractThe aim of this paper is to explore how debt contracts are affected by investment in asset specialization and by the dynamics of the secondary market for collateralized productive assets. Before applying for a loan, financially constrained firms face a specificity trade-off: asset specialization increases firms’ project returns, but decreases ...
openaire +2 more sources
Bubbles and Incentives: An Experiment on Asset Markets [PDF]
We explore the effects of competitive incentives and of their time horizon on the evolution of both asset prices and trading activity in experimental asset markets. We compare (i) a no-bonus treatment; (ii) a short-term bonus treatment in which bonuses are assigned to the best performers at the end of each trading period; (iii) a long-term bonus ...
Katerina Straznicka+3 more
openaire +10 more sources
The Comparison of the Effectiveness of Seligman, Lyubomirsky and Fordyce Happiness Training Programs in Cardiac Patients: A psychoneuroimmunological Assessment [PDF]
The present study examined and compared the effectiveness of three happiness interventions on risk biomarkers and psychological variables in coronary patients. In this study 68 coronary patients were assigned randomly to 4 groups of 17 patients, in three
gholamreza nikrahan+6 more
doaj
The Completion of Real-Asset Markets by Options
We combine the theory of finite-dimensional lattice subspaces and the theory of regular values for maps between smooth manifolds in order to study the completion of real asset markets by options.
Christos E. Kountzakis
doaj +1 more source