Narrow search
Showing 1 - 10 of 2,243
Cover Image
Preisvolatilität auf landwirtschaftlichen Märkten
von Ledebur, Ernst-Oliver; Schmitz, Jochen - Bundesforschungsinstitut für Lädliche Räume, Wald … - 2011
In this paper, the development of price volatility on German agricultural markets is analyzed. The goal is to quantify … the degree of price volatility for selected German agricultural markets and determine how it evolutes over time. Where …, questions are: Was there an increase in price volatility? Did it came from the world markets? What is the impact of price …
Persistent link: https://www.econbiz.de/10009003989
Cover Image
Geldpolitik in den USA - die Fed in der Zinsfalle?
Illing, Gerhard - In: Ifo Schnelldienst 57 (2004) 06, pp. 31-37
Seit dem Einbruch der Aktienmärkte Anfang 2000 hat die Fed durch massive Liquiditätszufuhr versucht, die amerikanische Wirtschaft zu stabilisieren. Ein wesentliches Motiv war die Befürchtung, die amerikanische Wirtschaft könne in eine Liquiditätsfalle geraten. Motiviert von der...
Persistent link: https://www.econbiz.de/10005047003
Cover Image
Option trading: Information or differences of opinion?
Choy, Siu Kai; Wei, Jason - In: Journal of Banking & Finance 36 (2012) 8, pp. 2299-2322
This paper investigates the motive of option trading. We show that option trading is mostly driven by differences of opinion, a finding different from the current literature that attempts to attribute option trading to information asymmetry. Our conclusion is based on three pieces of empirical...
Persistent link: https://www.econbiz.de/10010599668
Cover Image
An Empirical Analysis of Škoda Co. Equity Options Trading 1928-1938
Vlachý, Jan - In: Politická ekonomie 2014 (2014) 5, pp. 645-661
volatility measurements, resulting in a detailed appraisal of the market. Even though statistical option-valuation models have …
Persistent link: https://www.econbiz.de/10011228252
Cover Image
Die Krise des Bankhauses Baring : ein systembedingter Marktfehler
Juchems, Alexander - In: Ifo Schnelldienst 48 (1995) 08, pp. 22-25
Die Krise des Bankhauses Baring wurde von Spekulationen mit Derivaten, in diesem Fall mit Futures und Optionen ausgelöst. Sie stellt einen Einschnitt in der Entwicklung der Finanzmärkte dar, denn sie hat neue Risiken deutlich gemacht. Um ähnliche - möglicherweise noch weitreichendere -...
Persistent link: https://www.econbiz.de/10005056095
Cover Image
The Financial Accelerator: An Emerging Market Story
Hussein, Shah; Saeed, Amna; Hassan, Amer - eSocialSciences - 2011
In support of the financial-accelerator theory, evidence is found on countercyclical price-cost banking margins possibly explaining the amplifications of business cycles in Pakistan. [WP 41]. URL:[http://www.sbp.org.pk/publications/wpapers/2011/wp41.pdf].
Persistent link: https://www.econbiz.de/10009358537
Cover Image
American option pricing in Gauss–Markov interest rate models
Galluccio, Stefano - In: Physica A: Statistical Mechanics and its Applications 269 (1999) 1, pp. 61-71
In the context of Gaussian non-homogeneous interest-rate models, we study the problem of American bond option pricing. In particular, we show how to efficiently compute the exercise boundary in these models in order to decompose the price as a sum of a European option and an American premium....
Persistent link: https://www.econbiz.de/10010664802
Cover Image
Adding and subtracting Black-Scholes: A new approach to approximating derivative prices in continuous-time models
Kristensen, Dennis; Mele, Antonio - In: Journal of Financial Economics 102 (2011) 2, pp. 390-415
accurate approximations. We illustrate this method in a variety of contexts including option pricing with stochastic volatility …
Persistent link: https://www.econbiz.de/10011039202
Cover Image
Appraisal of Combined Agreements in BOT Project Finance: Focused on Minimum Revenue Guarantee and Revenue Cap Agreements
Jaebum, Jun - In: International Journal of Strategic Property Management 14 (2010) 2, pp. 139-155
Limited public funds for infrastructures have the government consider joining the private in a BOT project finance scheme. Generally, the BOT projects entail lots of managerial flexibilities that may induce the radical change of project's cash flows, an asymmetric payoff, when facing on the...
Persistent link: https://www.econbiz.de/10010534717
Cover Image
Appraisal of Combined Agreements in BOT Project Finance: Focused on Minimum Revenue Guarantee and Revenue Cap Agreements
Jaebum, Jun - In: International Journal of Strategic Property Management 14 (2010) 2, pp. 139-155
Limited public funds for infrastructures have the government consider joining the private in a BOT project finance scheme. Generally, the BOT projects entail lots of managerial flexibilities that may induce the radical change of project's cash flows, an asymmetric payoff, when facing on the...
Persistent link: https://www.econbiz.de/10010641351