Results 41 to 50 of about 117,507 (298)
Learning in Financial Markets [PDF]
We survey the recent literature on learning in financial markets. Our main theme is that many financial market phenomena that appear puzzling at first sight are easier to understand once we recognize that parameters in financial models are uncertain and subject to learning.
Pietro Veronesi+5 more
openaire +4 more sources
Market Commentaries and Stock Prices in Poland: A Text Mining Approach
From a theoretical point of view, the scope and quality of available information determines the market efficiency and, thus, investors’ decisions. However, an excessive amount of information leads to information overload.
Paweł Oleksy, Marcin Czupryna
doaj +1 more source
Quantifying the Model Risk Inherent in the Calibration and Recalibration of Option Pricing Models
We focus on two particular aspects of model risk: the inability of a chosen model to fit observed market prices at a given point in time (calibration error) and the model risk due to the recalibration of model parameters (in contradiction to the model ...
Yu Feng+5 more
doaj +1 more source
Energy tokens as digital instruments of financial investment
The aim of the paper is to evaluate the investment attractiveness of selected energy tokens from the point of view of the effectiveness measures applied to ordinary financial instruments.
Marchewka-Bartkowiak Kamilla+1 more
doaj +1 more source
New Forms of Funding Investment Projects and Companies: Crowdfunding and ICO
The article aims to study crowdfunding and Initial Coin Offering (ICO) – the new sources of raising capital for investment projects and business operations. Crowdfunding and ICO are compared to the Initial Public Offering (IPO), i.e.
Jakub Górka, Aleksandra Pietruk
doaj +1 more source
Contemporary literature continues to foster discussion whether financial development is important for economic growth. In the clash of theoretical arguments, the prevailing idea is that finance exerts a direct positive influence on GDP growth.
Marina Abramova+2 more
doaj +1 more source
Directions for transformation of financial products and services in the context of the pandemic
While investigating the external factors that influenced the development of the economy in 2020 and analyzing the negative consequences of the declared COVID–19 pandemic, the author also identifies positive changes in the innovation sphere of companies ...
E. I. Kulikova
doaj +1 more source
Locating Financial Capability Within Capability Approach – Theoretical Survey
The integration of financial capability with the capability approach remains an open and challenging issue. This paper offers a theoretical exploration of the financial capability framed within Sen’s capability approach in an interdisciplinary way.
Tomasz Potocki
doaj +1 more source
Inclusive Economic Growth: Financial Opportunities. Case Study of the African Development Bank [PDF]
The article examines the opportunities of the African Development Bank (the Bank) to stimulate inclusive economic growth (IEG) in African countries.
MATVEEVSKY Sergey Sergeevich
doaj +1 more source
Financial Markets and Wages [PDF]
We study a labor market equilibrium model in which flrms sign optimal long-term contracts with workers. Firms that are flnancially constrained ofier an increasing wage proflle: They pay lower wages today in exchange of higher wages once they become unconstrained and operate at a larger scale. In equilibrium, constrained flrms are on average smaller and
Claudio Michelacci, Vincenzo Quadrini
openaire +4 more sources