This work describes the legal structuring of a mortgage covered bond in accordance with the regulations of paragraphs … rights of the bond holders according to the regulations of the German Statue Governing Common Rights of Owners of Debt … Securities (Schuldverschreibungsgesetz). Furthermore, the work describes how the bond creditors shall have preferences of the …

evident changes have occurred: risk-free rates in solid and developed financial markets (e. g. USA, Germany) have fallen, but … due to increased market volatility, the risk premiums have increased. The latter is especially evident in transition …

One of the most important concepts in investment theory is the relationship between risk and return. This relationship … that the expected return on an asset above the risk-free rate is linearly related to the non-diversifiable risk measured by … its beta. This study examines the Capital Asset Pricing Model (CAPM) and test it validity for the WAEMU space stock market …

switching-regression framework. Threshold adjustment levels and capital asset pricing model risk parameters are estimated and … tested. Results indicate risk parameters differ for alternative regimes and are not constant over time. Accounting for … periods of temporary disequilibrium leads to notably more stable risk measurement estimates. …

evaluation of the equity capital cost with the CAPM on the Slovene financial market are shown. The Slovene capital market is a …

Modern aggregation theory and index number theory were introduced into monetary economics by Barnett (1980). The widely … used Divisia monetary aggregates were based upon that paper. A key result upon which the rest of the theory depended was … aggregation. The extension of that literature to risk with intertemporally non-separable preferences now has become available in a …

This paper deals with the use of the CAPM for capital budgeting purposes. Four different measures are deductively drawn …