the market. The best an investor can do is buy and hold 'the market' through a market index. Taking into account the … Portfolio Theory into market index construction. Everybody accepts market indices as an essential part of finance, but nobody … some markets they beat the actual market index. …

estimation of the risk neutral parameters of affine option pricing models using S&P/ASX 200 index options data between January … & Poor's (S&P)/Australian Stock Exchange (ASX) 200 index option market. This investigation is done through the implicit …

This appears to be the first investigation of the impact of bond index additions and deletions on the returns of bonds … returns are positively (negatively) affected by bond index inclusions (exclusions), stock returns are unaffected by these bond … index revisions. These results suggest that, although bond index additions and deletions materially affect bond values when …