Results 51 to 60 of about 12,711,258 (222)
Measuring Bubbles via Put‐Call Disparity: A Model‐Free Approach
Financial Management, EarlyView.ABSTRACT This paper uses violations of put‐call parity to provide simple lower and upper bounds for measuring the size of asset price bubbles. Assuming only no‐arbitrage, this bubble detection approach avoids restrictive parametric model assumptions. We show that put‐call disparity provides a bubble's lower bound, and the lowest price of an out‐of‐the ...
Robert A. Jarrow, Simon S. Kwok
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Merton, la riflessività e la scienza sociale impossibile
Quaderni di Sociologia, 2009 This paper stresses the relevance accorded in Robert K. Merton’s sociology to self-referential circular processes, a thematic attention that gives his sociological analyses and theoretical constructs a peculiar ironic and paradoxical tone.The ...
Sandro Landucci
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Segment information disclosure and trade credit
Journal of Financial Research, EarlyView.Abstract We examine the effect of mandatory segment disclosure on trade credit financing. Segment disclosure reduces the information advantage of suppliers relative to investors in evaluating firm default risk, reducing firms' reliance on trade credit. Exploiting the adoption of SFAS 131 as a shock to segment disclosure, we find that segment disclosure
Obada Almajali, Phil Holmes, Bin Xu
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Of Numbers and Frogs: Wending One's Way through the Mind Fields of Symbolic Interaction Identity
Symbolic Interaction, EarlyView.
Gary T. Marx
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Österreichische Zeitschrift für Geschichtswissenschaften, 2012 When Max Weber assumed responsibility as editor of the Archiv für Sozialwissenschaft und Sozialpolitik in 1903, he faced an unexpected dilemma. On the one hand he was committed to discuss the historical role and the political implications of capitalism ...
Hartmut Lehmann
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The Effects of Regulatory Office Closures on Bank Behavior
Journal of Money, Credit and Banking, EarlyView.Abstract We investigate if the decentralized structure of regulatory office networks influences supervisory outcomes and bank behavior. Following the closure of an office, banks previously supervised by that office increase their lending and risk‐taking.
IVAN LIM, JENS HAGENDORFF, SETH ARMITAGE
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Continuous-time portfolio theory and the pricing of contingent claims [PDF]
, 1976 Bibliography: leaf [23].Robert C ...
core
Another Look at the (Ir)Relevance of Long‐Run Risks for Equity Risk Premia
Journal of Money, Credit and Banking, EarlyView.Abstract I investigate the empirical asset pricing implications of a three‐factor macro model that extends the baseline consumption model Consumption Capital Asset Pricing Model (CCAPM) by adding the innovations in expected long‐run consumption growth (consumption growth news) and expected long‐run consumption variance (variance news) as risk factors ...
PAULO MAIO
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Feedback and Contagion through Distressed Competition
The Journal of Finance, EarlyView.ABSTRACT Firms tend to compete more aggressively when facing financial distress. This intensified competition reduces profit margins, pushing them further into distress and adversely affecting their industry peers. To study such feedback and contagion effects, we incorporate strategic competition in a dynamic model with long‐term defaultable debt ...
HUI CHEN +3 more
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Sociologias, 2011 No século 18, os ilustrados escoceses identificaram o paradoxo que haveriam de enfrentar depois as ciências sociais: a história é feita pelos seres humanos, mas não obedece a um plano humano. Neste artigo, reconstruímos a colocação deste problema central
Silvio Salej Higgins
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