Results 251 to 260 of about 3,108,932 (305)

THE ELASTICITY OF FINANCIAL ASSETS

The Journal of Finance, 1974
RECENT ADVANCES in the theory of capital asset pricing have gained widespread acceptance in the academic world and in the investment community at large. In many of these models, the risk variable is specified in terms of relative price volatility or the celebrated "beta" factor. In spite of a great deal of empirical and theoretical work directed toward
Haugen, Robert A, Wichern, Dean W
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Asset pricing with a financial sector

Financial Management, 2013
AbstractIn this paper, we study the quantitative asset pricing implications of a financial intermediary that faces a leverage constraint. We use a recursive method to construct the global solution that accounts for occasionally binding constraints. Quantitatively, our model generates a high and countercyclical equity premium, a low and smooth risk‐free
Kai Li, Chenjie Xu
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Dynamic Clustering of Financial Assets

2014
In this work we propose a procedure for time-varying clustering of financial time series. We use a dissimilarity measure based on the lower tail dependence coefficient, so that the resulting groups are homogeneous in the sense that the joint bivariate distributions of two series belonging to the same group are highly associated in the lower tail.
DE LUCA, GIOVANNI, ZUCCOLOTTO P.
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Elder Financial Asset Management

2012
The prudent management of older people's financial assets is fundamental to ensuring choice, dignity, and well-being in older age. Families play an important role in assisting older people to manage assets, though these practices have often remained a hidden part of family care. Australian research has demonstrated extensive family involvement in asset
Chui, WH, Setteriund, D, Tilse, C, Woo, J, Wilson, J, Chan, HC   +5 more
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Characteristics of Financial Asset Holdings and Changes in Financial Asset Selection

Japanese Economy, 1998
In Japan—accompanied by the financial "Big Bang"—a financial system of global standards is expected to be established by 2001. If this kind of financial system, equal to that of the United States and England, can be established, asset choices for individuals and depositors who are the end-users of financial system will be widened, and their economic ...
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Financial-Actuarial Assets

2021
In this chapter we show how to price a derivative on human life by using the tools already developed in the previous chapter. In particular, we show three cases: (1) the longevity bond, (2) the out of date Tontine, and (3) the death bond. These particular assets are just examples of a design that could be used to create many other actuarial derivatives
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Household Financial Assets

2013
We examine household involvement in financial markets in terms of bank deposits, stocks, bonds, funds, derivatives, and other financial products.
Li Gan, Zhichao Yin, Nan Jia, Shu Xu, Shuang Ma, Lu Zheng   +5 more
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