Showing 1 - 7 of 7
The purpose of this paper is to test an international oil and gas market model, hypothesised to arrive at new indicator of pure composite political risk for country oil and gas sectors. Current political risk ratings are largely subjectively quantified and are not frequently published. Investors...
Persistent link: https://www.econbiz.de/10009434797
The purpose of this paper is to test an international bank market pricing model, hypothesised to arrive at new indicator of pure composite political risk for country banking sectors. The motivation is that current political risk ratings (rating social, legal and cultural factors that impact...
Persistent link: https://www.econbiz.de/10009434798
A key question in European integration is whether or not the global oil and gas market sector (over the period which includes the oil price hikes of 2001 to late 2007 and the global financial crisis from mid 2008 to early 2009) has been impacted to a greater or lesser extent by major Western...
Persistent link: https://www.econbiz.de/10009434799
The aim of this paper is to examine the interaction between stock prices and exchange rates in Australia. During the period of the study, the value of the stock market increased by two-thirds and the Australian dollar exchange rate appreciated by almost one-third. The empirical analysis employed...
Persistent link: https://www.econbiz.de/10009434997
The purpose of this study is to examine dynamic interactions and long-term equilibrium relationships between banking stock returns and key monetary variables in a period of relative economic stability, post financial deregulation in Australia. The importance of the study lies in its...
Persistent link: https://www.econbiz.de/10009435007
In Eurobanking, the London Interbank Offered Rate is often assumed to be the reference rate for Eurocurrency loan transactions. A debate continues as to whether or not dominance by London is evident through the movements in interbank offered rates and whether any adverse shocks experienced there...
Persistent link: https://www.econbiz.de/10009481197
Model risk involves the risk of model misspecification. In this chapter it is argued that unsystematic risk is an indicator of country-specific and human factors. With a strong theoretical base for a systematic capital asset pricing model specification, these factors may be classified as...
Persistent link: https://www.econbiz.de/10009481231