The purpose of our study is to provide an overview of the revisions made to the Basel III regulatory framework in the aftermath of the 2007 crisis, with regard to measuring the risk associated with positions included in the trading book. The calculation of the regulatory capital requirement...

Tanulmányunk célja kettős. Egyrészt egy általunk összeállított kérdőív segítségével igyekeztünk meghatározni az informális befektetés alapvető jellemzőit - befektetési célok, befektetési forma, befektetési összeg szerint - Magyarországon. Másrészt arra törekedtünk,...

The aim of the paper is to study empirically the influence of higher moments of the return distribution on conditional value at risk (CVaR). To be more exact, we attempt to reveal the extent to which the risk given by CVaR can be estimated when relying on the mean, standard deviation, skewness...

The aim of the paper is to study empirically the influence of higher moments of the return distribution on conditional value at risk (CVaR). To be more exact, we attempt to reveal the extent to which the risk given by CVaR can be estimated when relying on the mean, standard deviation, skewness...

The aim of the paper is to study empirically the influence of higher moments of the return distribution on conditional value at risk (CVaR). To be more exact, we try to reveal the extent to which the risk given by CVaR can be estimated when relying on the mean, standard deviation, skewness and...

Tanulmányunk célja, hogy az újonnan csatlakozott közép-kelet-európai EU-tagállamok befektetői számára a részvényportfóliók nemzetközi diverzifikálásával megnyíló lehetőségekre világítson rá. A régió országainak többségében folyamatos kamatcsökkenést figyelhetünk...

In this paper we study the benefits derived from international diversification of equity portfolios from the German and the Hungarian points of view...

In this paper we study the benefits derived from international diversification of stock portfolios from German and Hungarian point of view. In contrast to the German capital market, which is one of the largest in the world, the Hungarian Stock Exchange is an emerging market. The Hungarian stock...