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Risk and return in the Tehran stock exchange
The Quarterly Review of Economics and Finance, 2013Abstract This paper analyzes market index returns in the Tehran stock exchange (TSE) within the context of three variants of the Capital Asset Pricing Model: the static international; the constant-parameter intertemporal; and a Markov-switching intertemporal CAPM, which allows for time-varying degree of integration with regional and international ...
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Bubbles In Tehran Stock Exchange
2008This paper, first, represents theoretical aspects of rational bubbles. Second, it shows one of the tests introduced to detect rational bubbles- integration/ cointegration based test. Finally, on the empirical side, it explores existence of both explosive and periodically collapsing bubbles in Tehran Stock Exchange.
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Determinants of investors' financial behaviour in Tehran Stock Exchange
Applied Economics Letters, 2011Decision-making and investors’ behaviours are affected by various factors in Tehran Stock Exchange. Based on theoretical perspective, investors collect the key information of decision-making by the study of macro- and micro-levels of investment environments.
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