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Financial Conditions Indexes [PDF]
SSRN Electronic Journal, 2002 This paper provides an exposition of the nature, means of estimation and uses of Financial Conditions Indexes (FCIs) and their relationship to the more common Monetary Conditions Indexes (MCIs) that are used by market analysts, international organisations and central banks.
Mayes, David, Virén, Matti
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Monetary Policy, Financial Conditions, and Financial Stability [PDF]
SSRN Electronic Journal, 2014 We review a growing literature that incorporates endogenous risk premiums and risk-taking in the conduct of monetary policy. Accommodative policy can create an intertemporal tradeoff between improving current financial conditions at a cost of increasing future financial vulnerabilities.
Adrian, Tobias, Liang, J. Nellie
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Financial fairness and conditional indexation [PDF]
Scandinavian Actuarial Journal, 2016 Collective pension contracts can generate advantages for their participants by implementing forms of risk sharing. To ensure the continuity of a collective scheme, it has to be monitored whether the contracts offered to participants are financially fair in terms of their market value.
Torsten Kleinow, Johannes M. Schumacher
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Robust Arbitrage Conditions for Financial Markets [PDF]
Operations Research Forum, 2021 This paper investigates arbitrage properties of financial markets under distributional uncertainty using Wasserstein distance as the ambiguity measure. The weak and strong forms of the classical arbitrage conditions are considered. A relaxation is introduced for which we coin the term statistical arbitrage.
Derek Singh, Shuzhong Zhang
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Determinants of US Financial Fragility Conditions [PDF]
SSRN Electronic Journal, 2012 The recent financial crisis has highlighted the fragility of the US (and other countries') financial system under several respects. In this paper, the properties of a summary index of financial fragility, obtained by combining information conveyed by the "Agency," "Ted" and "BAA-AAA" spreads, timely capturing changes in credit and liquidity risk ...
BAGLIANO, Fabio Cesare, C. Morana
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Economic condition and financial cognition
Journal of Banking & Finance, 2019 Abstract Are low-income individuals trapped because they are unable to make good financial decisions? We use a randomized controlled survey experiment to examine how prompting individuals to think about their personal economic condition (priming) affects their scores on a financial literacy quiz.
Delis, Manthos +2 more
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Doves and hawks in economics revisited. An evolutionary quantum game theory-based analysis of financial crises [PDF]
, 2009 The last financial and economic crisis demonstrated the dysfunctional long-term effects of aggressive behaviour in financial markets. Yet, evolutionary game theory predicts that under the condition of strategic dependence a certain degree of aggressive ...
Axelrod +61 more
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Does the information environment affect the value relevance of financial statement data? [PDF]
, 2009 Recent studies demonstrate that the usefulness of financial statement data for valuation of stocks varies depending on specific economy- and firm-level conditions. This empirical study identifies a novel firm-level influential condition.
Burgstahler D., Mark Aleksanyan
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Towards Prediction of Financial Crashes with a D-Wave Quantum Computer [PDF]
, 2019 Prediction of financial crashes in a complex financial network is known to be an NP-hard problem, i.e., a problem which cannot be solved efficiently with a classical computer.
Enrique Lizaso +9 more
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Financial Condition Index and interest rate settings: a comparative analysis [PDF]
In the last thirty years, there has been a widespread move towards financial liberalisation, both within and across national borders. This economic development brought researchers to investigate the link between asset prices, inflation and the conduct of
Alberto Montagnoli, Oreste Napolitano
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