Results 301 to 310 of about 255,661 (340)

Heterogeneity and Volatility Puzzles in International Finance

SSRN Electronic Journal, 2009
AbstractWe develop an equilibrium model in a 2-country, 2-good, pure exchange economy in which investors with logarithmic utility functions have heterogeneous beliefs about exogenously given output or endowment processes. We obtain closed-form representations of real exchange rates and of stock prices.
Tao Li, Mark L. Muzere
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Bond financing in volatile times.

Healthcare financial management : journal of the Healthcare Financial Management Association, 2014
A competitive landscape for providers and changing market conditions require an understanding of key capital sources: tax-exempt bonds remain an attractive capital source. Credit enhancement for bonds is more expensive and more difficult to find than it was in years past. Direct bond purchases by commercial banks mitigate the traditional risks.
Kenneth A, Gould, Christopher M, Blanda
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Stochastic volatility models with applications in finance

2018
<p>Derivative pricing, model calibration, and sensitivity analysis are the three main problems in financial modeling. The purpose of this study is to present an algorithm to improve the pricing process, the calibration process, and the sensitivity analysis of the double Heston model, in the sense of accuracy and efficiency.
Ze Zhao, Gerhard Strohmer, Keith Stroyan, Bruce Ayati, Palle Jorgensen, Tong Li   +5 more
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Robust nonlinear filtering of stochastic volatility in finance

2001 European Control Conference (ECC), 2001
Volatility of the stock price is the key to the pricing problem of stock related derivatives in finance. Volatility appears in the diffusion term of the usual modeling of stock prices. One popular approach is to take volatility to be stochastic, and assumes that it satisfies a stochastic differential equation.
Aihara, ShinIchi, Bagchi, Arunabha
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Equity Market Liberalization, Fundamental Volatility, and External Finance

SSRN Electronic Journal, 2011
Using data for emerging market firms that are either investable or uninvestable to foreigners, we study the effects of investability on fundamental volatility, excess volatility, and external finance. We find that fundamental volatility is lower for investable firms, while excess stock return volatility is greater.
R. David McLean, Jeffrey E. Pontiff, Mengxin Zhao   +2 more
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Finance and consumption volatility: Evidence from India

Journal of International Money and Finance, 2011
Abstract The main objective of this paper is to explore the determinants of private consumption growth volatility in India, focusing on the role of financial sector policies. Using data for India over the period 1950–2005, the results show that the implementation of financial repressionist policies is strongly associated with lower consumption ...
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BEHAVIORAL FINANCE: UNDERSTANDING INVESTOR PSYCHOLOGY IN VOLATILE MARKETS

ShodhKosh: Journal of Visual and Performing Arts, 2022
Behavioral finance examines the psychological factors and biases that influence investor behavior, particularly in volatile market conditions. Unlike traditional finance, which assumes rational decision-making, behavioral finance identifies emotional, cognitive, and social influences that drive market anomalies. This study explores key concepts such as
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Effects of Stock Price Volatility on Listed Companies' Financing

2008 4th International Conference on Wireless Communications, Networking and Mobile Computing, 2008
According to the new risk asset pricing theory, individual stock price volatility can increase investors' required return, so it can affect the company's cost of equity capital. This study investigates the effect of stock price volatility on listed companies' financing behavior in China, and finds that the listed companies' stock price volatility has ...
Yumei Feng, Chunfeng Wang, Zhenming Fang
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An inverse finance problem for estimation of the volatility

Журнал вычислительной математики и математической физики, 2013
Summary: The Black-Scholes model as a base model for pricing in derivatives markets has some deficiencies such as ignoring market jumps and considering market volatility as a constant factor. In this article, we introduce a pricing model for European options under jump-diffusion underlying asset.
Neisy, A., Salmani, K.
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How Do Financing Constraints Affect Firms’ Equity Volatility?

The Journal of Finance, 2018
ABSTRACTTheory suggests that financing frictions can have significant implications for equity volatility by shaping firms’ exposure to economic risks. This paper provides evidence that an important determinant of higher equity volatility among research and development (R&D)‐intensive firms is fewer financing constraints on firms’ ability to access ...
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