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Impact of Taiwan Top 50 ETF on the Liquidity of the Constituents of the Taiwan 50 Index
Lin, Ching-Chung; Chiang, Min-Hsien; Chan, Shih-Ju; … - In: Journal of Economics and Management 2 (2006) 2, pp. 187-205
of TTT on the liquidity of the constituent stocks. The empirical result coincides with the expectation of arbitrage … hypothesis that the liquidity of the constituents is increased after the introduction of TTT. Although both changing patterns … among categories of size and sector are not significantly different, most of the liquidity measures of smaller companies …
Persistent link: https://www.econbiz.de/10008555938
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The Policy Effects of Lifting the Short-Sale Price Restriction on Stock Price Behaviors
Chan, Shih-Ju; Lin, Ching-Chung; Kuo, Wen-Hsiu - In: Journal of Economics and Management 4 (2008) 2, pp. 203-228
The restriction of short-sale prices, which stated that short-sale prices must not be lower than the closing price of the previous trading day, no longer applies to the constituent stocks of the Taiwan Top 50 Index. This study investigates the abnormal returns and volatility changes of those...
Persistent link: https://www.econbiz.de/10008555948
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均值方差均衡下的证券价格 : CAPM 再认识 (Security Prices in Mean-Variance Equilibrium: A Further Study on CAPM)
Chen, Deng-Ta - 2020
Chinese Abstract: CAPM 所在的资本市场是非完全的,并且是 一 个 Hilbert 空间,我们找出了该市场中 SDF 模仿支付的显式表达式。纯风险证券的局部均衡中,CAPM 公式成立,CAPM...
Persistent link: https://www.econbiz.de/10012853093
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有限关注度下科技关联的定价作用 (The Role of Technological Links in Asset Pricing Under Limited Attention Assumption)
Li, Xuquan - 2019
Chinese Abstract:...
Persistent link: https://www.econbiz.de/10012860303
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持有成本与期货最优套期保值 (The Cost of Carry and the Optimal Hedge in Futures Market)
Chen, Deng-Ta - 2018
Chinese Abstract:...
Persistent link: https://www.econbiz.de/10012930120
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The Market Responses to Earnings Seasonality : Evidence from Chinese A-Share Market
He, Yujin; Jiang, Danling; Zhu, Hongquan - 2022
Chinese Abstract:...
Persistent link: https://www.econbiz.de/10013321517
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The Approach for Estimating Cost Growth Rates in the Taiwanese Banking Industry
Yang, Yung-Lieh - In: Journal of Economics and Management 6 (2010) 1, pp. 79-111
The most present articles adopted the output-oriented Malmquist productivity index (OM) for estimating the production efficiency and productivity of Bank. Based on the method of Yang and Lee (2009), the research provides the new way to discuss cost efficiency and cost growth rate of Taiwanese...
Persistent link: https://www.econbiz.de/10008555980
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The Asymmetric Effects of Monetary Policy and Bank Credits in Taiwan Banking Industry - A Dynamic Panel Data Analysis
Chang, Jui-Chuan; Tsong, Ching-Chuan; Wu, Chieh-Tsung - In: Journal of Economics and Management 6 (2010) 2, pp. 229-246
which is associated with bank balance sheet characteristics, such as asset size and liquidity strength. In other words, we …
Persistent link: https://www.econbiz.de/10008492961