Results 51 to 60 of about 4,043,177 (393)
Intermediating DFMM Asset (IDA) [PDF]
arXiv, 2023 The Dynamic Function Market Maker (DFMM) introduced a fully automated framework for operating a multi-asset market, wherein an algorithmic accounting asset was used to connect different liquidity pools and ensure efficient rebalancing of risks, and internal accounting processes.
arxiv
Discrete Dynamics in Nature and Society, 2021 Investigating the existence and causes of idiosyncratic volatility premium puzzle in developing stock market can enrich the research on this asset pricing puzzle.
Xiaohui Chen, Jianhua Ye
doaj +1 more source
A note on the CAPM with endogenously consistent market returns [PDF]
arXiv, 2021 I demonstrate that with the market return determined by the equilibrium returns of the CAPM, expected returns of an asset are affected by the risks of all assets jointly. Another implication is that the range of feasible market returns will be limited and dependent on the distribution of weights in the market portfolio.
arxiv
Limited Asset Market Participation, Sticky Wages, and Monetary Policy
, 2017 We study the design of monetary policy in an economy characterized by staggered wage and price contracts together with limited asset market participation (LAMP).
G. Ascari, A. Colciago, L. Rossi
semanticscholar +1 more source
Dissecting anomalies and dynamic human capital: The global evidence
Borsa Istanbul Review, 2018 We argue that the risk of an asset is measured by the covariance of an asset's return with the return on the aggregate market and human capital. The intertemporal and consumption-based CAPM, along with an extended version of CAPM framework examines the ...
Rahul Roy, Santhakumar Shijin
doaj +1 more source
A New Set of Financial Instruments
Frontiers in Applied Mathematics and Statistics, 2020 In complete markets there are risky assets and a riskless asset. It is assumed that the riskless asset and the risky asset are traded continuously in time and that the market is frictionless. In this paper, we propose a new method for hedging derivatives
Abootaleb Shirvani +3 more
doaj +1 more source
An Empirical Equilibrium Model of a Decentralized Asset Market
, 2015 I estimate a search-and-bargaining model of a decentralized market to quantify the effects of trading frictions on asset allocations, asset prices and welfare, and to quantify the effects of intermediaries that facilitate trade.
A. Gavazza
semanticscholar +1 more source
Sustainability or Greenwashing: Evidence from the Asset Market for Industrial Pollution
Journal of FinanceWe study the asset market for pollutive plants. Firms divest pollutive plants in response to environmental pressures. Buyers are firms facing weaker environmental pressures that have supply chain relationships or joint ventures with the sellers.
R. Duchin, Janet Gao, Qiping Xu
semanticscholar +1 more source
Tax Subsidies to Owner-Occupied Housing: An Asset-Market Approach
, 1984 Inflation reduces the effective cost of homeownership and raises the tax subsidy to owner occupation. This paper presents an asset-market model of the housing market and estimates how changes in the expected inflation rate affect the real price of houses
J. Poterba
semanticscholar +1 more source
Emerging Market Crises: An Asset Markets Perspective [PDF]
SSRN Electronic Journal, 1998 Although internal policy mismanagements can be cited in most recent emerging market crises, they seldom account fully for the severity of these crises. The reluctance of international investors to provide the resources that would limit the extent of the reversal almost invariably plays a key role in bringing a previously (over?)-heated economy to a ...
Ricardo J. Caballero +2 more
openaire +4 more sources