Results 101 to 110 of about 7,235,439 (370)

Central bank intervention with limited arbitrage [PDF]

Shleifer and Vishny (1997) pointed out some of the practical and theoretical problems associated with assuming that rational risk-arbitrage would quickly drive asset prices back to long-run equilibrium.
Christopher J. Neely, Paul A. Weller
core  

Heterogeneous Spillover Effects: How FDI in Resources Extraction, Manufacturing, and Services Affect Sectoral Carbon Emissions in the MENA Region

Natural Resources Forum, EarlyView.
ABSTRACT The MENA region faces a critical challenge: balancing economic growth spurred by foreign direct investment (FDI) with environmental sustainability. While FDI can bring technological advancements and capital, concerns exist about its potential to exacerbate environmental degradation, particularly carbon emissions.
Brahim Bergougui, Syed Mansoob Murshed
wiley   +1 more source

An institutional account of responsiveness in financial regulation- Examining the fallacy and limits of ‘same activity, same risks, same rules’ as the answer to financial innovation and regulatory arbitrage

, 2023
Iris H‐Y Chiu
openalex   +1 more source

Exemption or illusion? The impact of a youth tax policy on house asking prices in Portugal

Real Estate Economics, EarlyView.
Abstract Affordable housing has become an increasing challenge for young individuals in Portugal, where rising house prices and precarious employment conditions hinder homeownership. To address this barrier, the Portuguese Government introduced a tax exemption for individuals under 35 purchasing their first home.
Luís Clemente‐Casinhas, Sofia Vale
wiley   +1 more source

Noise-trading, Costly Arbitrage, and Asset Prices: Evidence from US Closed-end Funds [PDF]

The behavior of US closed-end funds is very different from that of the UK funds studied by Gemmill and Thomas (2002). There is no evidence that their discounts are constrained by arbitrage barriers, no evidence that higher expenses increase discounts and
Flynn, Sean M.
core  

Identification of electricity spot models by using convolution particle filter [PDF]

, 2011
We consider a slight perturbation of the Schwartz-Smith model for the electricity futures prices and the resulting modied spot model. Using the martingale property of the modied price under the risk neutral measure, we derive the arbitrage free model for
Aihara, ShinIchi, Bagchi, Arunabha, Imreizeeq, Emad   +2 more
core   +1 more source

Storage games

The RAND Journal of Economics, EarlyView.
ABSTRACT We study a long‐horizon, oligopolistic market with random shocks to demand that can be arbitraged by two storage operators with finite capacity. This problem applies to any storable commodity—that is, most commodities. Because the arbitrage spread is so sensitive to market power, storage operators face strong incentives to restrain quantities ...
Sergei Balakin, Guillaume Roger
wiley   +1 more source

DAX Index Futures: Mispricing and Arbitrage in German Markets [PDF]

, 2010
The paper reports the results of an empirical study of the price relation between the German Performance Stock Index, DAX, and DAX futures. An ex-ante arbitrage strategy based on arbitrage signals is analyzed.
Bühler, Wolfgang, Kempf, Alexander
core  

Another Arbitrage-Free Affine Model of TIPS Yields with Embedded Liquidity Risk

, 2021
J. Benson Durham
openalex   +1 more source

Paradigm Shift in the Making? Geopolitical Challenges and Institutional Changes in the International Monetary System: From Neoliberalism to a Pluralist Multipolar Financial Order

Global Policy, EarlyView.
ABSTRACT This paper examined the critical challenges facing the international monetary system, arguing that they have created conditions for a shift from a neoliberal framework to a pluralist multipolar financial order. Using an interdisciplinary approach that blends international law and international relations, the paper provides an analysis of the ...
Jiangyu Wang
wiley   +1 more source