Narrow search
Showing 1 - 10 of 191
Cover Image
Walras’s law of markets as special case of the general Triangle Theorem: a laconic proof
Kakarot-Handtke, Egmont - Volkswirtschaftliche Fakultät, … - 2013
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
Cover Image
Primary and secondary markets
Kakarot-Handtke, Egmont - Volkswirtschaftliche Fakultät, … - 2011
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
Cover Image
Book review. The politics of Islamic finance edited by Clement M. Henry and Rodney Wilson
Islahi, Abdul Azim - Volkswirtschaftliche Fakultät, … - 2006
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
Cover Image
Correlation between Islamic stock and Commodity markets: An investigation into the impact of financial crisis and financialization of commodity markets
Khan, Aftab; Masih, Mansur - Volkswirtschaftliche Fakultät, … - 2014
The repercussions of the recent financial crisis were felt over different parts of the world causing much calamity to different markets, economies and investors. The capital markets, in particular, took a severe hit during the crisis plummeting to all-time lows. However, before the crisis, the...
Persistent link: https://www.econbiz.de/10011110062
Cover Image
Commodity and Equity Markets: Some Stylized Facts from a Copula Approach.
Delatte, Anne-Laure; Lopez, Claude - Volkswirtschaftliche Fakultät, … - 2012
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
Cover Image
Price Discovery and Volatility Spillovers in Indian Spot-Futures Commodity Market
P., Srinivasan - Volkswirtschaftliche Fakultät, … - 2011
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
Cover Image
Willingness to overpay for insurance and for consumer credit: search and risk behavior under price dispersion
Malakhov, Sergey - Volkswirtschaftliche Fakultät, … - 2014
function takes the form of cubic parabola, where the risk aversion behavior ends at the saddle point of the comprehensive … the ambiguity of the departure from risk-neutrality. This ambiguity can produce the ordinary risk seeking behavior as well … as mathematical catastrophes of Veblen-effect’s imprudence and over prudence of family altruism. The comeback to risk …
Persistent link: https://www.econbiz.de/10011267888
Cover Image
Experimental Evidence on Valuation and Learning with Multiple Priors
Qiu, Jianying; Weitzel, Utz - Volkswirtschaftliche Fakultät, … - 2013
. This holds under ambiguity, but not in a comparison treatment under risk. …
Persistent link: https://www.econbiz.de/10011258993
Cover Image
The Investment Process In The Presence On Risk : Choosing A Sequence
Chiny, Faycal - Volkswirtschaftliche Fakultät, … - 2013
. The second is where each one seeking to maximize his utility function is intuitively constrained to minimize the risk. The …
Persistent link: https://www.econbiz.de/10011259003
Cover Image
The Zeeman Effect in Finance: Libor Spectroscopy and Basis Risk Management
Marco, Bianchetti - Volkswirtschaftliche Fakultät, … - 2011
plus a 3x6 months Forward Rate Agreement (FRA), and that Libor was a good proxy of the risk free rate required as basic … carry very important consequences in derivative’s trading and risk management, such as, for example, basis risk …
Persistent link: https://www.econbiz.de/10011259157