Showing 1 - 10 of 34
From the set of the first three structural axioms follows the - economic - triangle theorem. It asserts that the product of the three key ratios, which characterize the firm, the market outcome, and the income distribution, is always equal to unity. The theorem contains only unit-free variables,...
Persistent link: https://www.econbiz.de/10011259188
The present paper swaps the standard behavioral axioms for structural axioms and applies the latter to the analysis of the emergence of secondary markets from the flow part of the economy. Real and nominal residuals at first give rise to the accumulation of the stock of money and the stock of...
Persistent link: https://www.econbiz.de/10009277271
underlining the financialization of commodity markets. At the idiosyncratic level, a speculation phenomenon is highlighted for …
Persistent link: https://www.econbiz.de/10011110062
In this paper, we propose to identify the dependence structure existing between the returns of equity and commodity futures and its evolution through the past 20 years. The key point is that we do not do not impose the dependence structure but let the data select it. To do so, we model the...
Persistent link: https://www.econbiz.de/10011110415
The present paper examines the price discovery process and volatility spillovers in Indian spot-futures commodity markets through Johansen cointegration, Vector Error Correction Model (VECM) and the bivariate EGARCH model. The study uses four futures and spot indices of the Multi Commodity...
Persistent link: https://www.econbiz.de/10011114222
This a critical evaluation of the book entitled THE POLITICS OF ISLAMIC FINANCE edited by Clement M. Henry and Rodney Wilson
Persistent link: https://www.econbiz.de/10008506102
wanted to limit speculation in the oil market, it should keep the shorter-term futures contracts and eliminate the more …
Persistent link: https://www.econbiz.de/10005837084
important role in prolonging the speculation in the real estate sector. For the first time it is proven that the guilt for the …
Persistent link: https://www.econbiz.de/10009418475
commodity markets and financialization i.e., financial investors (portfolio investment and speculation) attitude. This paper is … an attempt to investigate for the evidence and its impact of speculation on volatility of commodity prices in Indian … commodity markets. Overall, results show that speculation has played decisive role in the price bubble during the global crisis. …
Persistent link: https://www.econbiz.de/10011258424
The aim of this paper is to propose a methodology to stabilize the currency markets by adopting Game Theory. Our idea is to save the Euro from the speculative attacks (due the crisis of the Euro-area States), and this goal is reached by the introduction, by the normative authority, of a...
Persistent link: https://www.econbiz.de/10011258452