Results 61 to 70 of about 5,616,995 (397)
Opacity in Financial Markets [PDF]
SSRN Electronic Journal, 2013 This paper studies the implications of opacity in financial markets for investor behavior, asset prices, and welfare. Transparent funds (e.g., mutual funds) and opaque funds (e.g., hedge funds) trade transparent assets (e.g., plain-vanilla products) and opaque assets (e.g., structured products).
openaire +4 more sources
, 1998 We examine the economics of financing small business in private equity and debt markets. Firms are viewed through a financial growth cycle paradigm in which different capital structures are optimal at different points in the cycle. We show the sources of
Allen N. Berger, Gregory F. Udell
semanticscholar +1 more source
Reinforcement Learning in Financial Markets
International Conference on Data Technologies and Applications, 2019 Recently there has been an exponential increase in the use of artificial intelligence for trading in financial markets such as stock and forex. Reinforcement learning has become of particular interest to financial traders ever since the program AlphaGo ...
Terry Lingze Meng, Matloob Khushi
semanticscholar +1 more source
Financial Market Contagion [PDF]
, 2008 The power of the metaphor of contagion—that beliefs, actions, and strategies spread among economic agents like pathogens among biological organisms— causes it to recur in disparate areas of economics. This article focusses on four applications of contagion to economics: social influence or memoryless learning; Bayesian social learning; strategy choice ...
openaire +4 more sources
Effectiveness of Green Bonds in Selected CEE Countries: Analysis of Similarities
Risks, 2023 Green bonds are an increasingly important area not only in the financing of investments important to the environment, but recently also as an object of investment.
Maria Czech +2 more
doaj +1 more source
Multiple-bubble testing in the cryptocurrency market: a case study of bitcoin [PDF]
arXiv, 2023 Economic periods and financial crises have highlighted the importance of evaluating financial markets to investors and researchers in recent decades.
arxiv
Economic Research-Ekonomska Istraživanja, 2019 This paper examines the financial cointegration and spillover effect of the global financial crisis to emerging Asian financial markets (India, China, Pakistan, Malaysia, Russia and Korea).
S. Gulzar +4 more
semanticscholar +1 more source
Stabilizing effect of volatility in financial markets. [PDF]
Physical Review E, 2017 In financial markets, greater volatility is usually considered to be synonymous with greater risk and instability. However, large market downturns and upturns are often preceded by long periods where price returns exhibit only small fluctuations.
D. Valenti, G. Fazio, B. Spagnolo
semanticscholar +1 more source
Aggregation of Financial Markets
SSRN Electronic Journal, 2023 We present a formal framework for the aggregation of financial markets mediated by arbitrage. Our main tool is to characterize markets via utility functions and to employ a one-to-one correspondence to limit order book states. Inspired by the theory of thermodynamics, we argue that the arbitrage-mediated aggregation mechanism gives rise to a market ...
Menz, Georg, Voß, Moritz
openaire +2 more sources
How to fly to safety without overpaying for the ticket
Economics and Business Review, 2023 For most active investors treasury bonds (govs) provide diversification and thus reduce the risk of a portfolio. These features of govs become particularly desirable in times of elevated risk which materialize in the form of the flight-to-safety (FTS ...
Kaczmarek Tomasz, Grobelny Przemysław
doaj +1 more source