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This book discusses calendar or seasonal anomalies in worldwide equity markets as well as arbitrage and risk arbitrage … W T Ziemba)</i></li> <li>Arbitrage Strategies for Cross-Track Betting on Major Horse Races <i>(D B Hausch and W T Ziemba …)</i></li> <li>Locks at the Racetrack <i>(D B Hausch and W T Ziemba)</i></li> <li>Arbitrage and Risk Arbitrage in Team Jai Alai <i …
Persistent link: https://www.econbiz.de/10011183870
Emerging European countries have made large strides in developing their local capital markets since the early-1990s. However, the rate of development has been widely disparate across countries and market segments, underpinned by the varying degrees of progress made in key areas such as...
Persistent link: https://www.econbiz.de/10005264095
Asian equity markets have grown significantly in size since the early 1990s, driven by strong international investor inflows, growing regional financial integration, capital account liberalization, and structural improvements to markets. The development of equity markets provides a more...
Persistent link: https://www.econbiz.de/10005599719
This paper examines a range of issues relating to bond markets in the ASEAN5 (Indonesia, Malaysia, Philippines, Singapore and Thailand) - physical infrastructure including trading, clearing and settlement; regulation, supervision and legal underpinnings; and derivatives markets - and finds that...
Persistent link: https://www.econbiz.de/10009151209
In reaction to the recent financial crisis, increased attention has recently been given to financial transaction taxes (FTTs) as a means of (1) raising revenue for a variety of possible purposes and/or (2) helping to curb financial market excesses. This paper reviews existing theory and evidence...
Persistent link: https://www.econbiz.de/10008876594
This report discusses the IMF/World Bank Financial Sector Assessment Program (FSAP) exercise for China undertaken …
Persistent link: https://www.econbiz.de/10011243609
With policy rates near the zero bound, the Bank of Japan (BoJ) has introduced a series of unconventional monetary easing measures since late 2009 in response to lingering deflation and a weakening economy. These measures culminated in a new Asset Purchase Program under the Comprehensive Monetary...
Persistent link: https://www.econbiz.de/10009370553
This paper considers how a tax on financial transactions could be applied to three broad and partially overlapping categories of financial instruments: (1) exchange-traded instruments; (2) over-the-counter instruments; and, (3) foreign exchange instruments. For each category, the paper examines...
Persistent link: https://www.econbiz.de/10009203525
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