Results 251 to 260 of about 927,710 (303)

Disclosures and Asset Returns [PDF]

open access: possibleEconometrica, 2003
Public information in financial markets often arrives through the disclosures of interested parties who have a material interest in the reactions of the market to the new information. When the strategic interaction between the sender and the receiver is formalized as a disclosure game with verifiable reports, equilibrium prices can be given a simple ...
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Demographic Structure and Asset Returns [PDF]

open access: possibleReview of Economics and Statistics, 2001
This paper investigates the association between population age structure, particularly the share of the population in the ‘prime saving years’ (40 to 64), and the returns on stocks and bonds. The paper is motivated by recent claims that the aging of the ‘baby boom’ cohort is a key factor in explaining the recent rise in asset values, and by predictions
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ON THE SHAPE OF ASSET RETURN DISTRIBUTION

Communications in Statistics: Simulation and Computation, 2002
ABSTRACT In this paper we investigate the shape of the asset return distribution using all shares index of Helsinki Stock Exchange and Standard & Poor's 500 index of New York Stock Exchange. In both cases the power exponential distribution is used to model the shape of the return distribution and the inference is cross-checked with Student t ...
Juuso Töyli, Kimmo Kaski, Antti Kanto
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Asset Returns and Measured Inflation

Journal of Money, Credit and Banking, 1994
This paper analyzes the inverse relationship between estimated real returns on assets and estimates of the expected rate of inflation that is commonly noted in the literature. The authors suggest that this puzzling relationship may be produced by an inappropriate application of currently published price indices to the problem of measuring asset returns.
Santoni, G J, Moehring, H Brian
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