Narrow search
Showing 1 - 10 of 1,260
Cover Image
The Downside Risk and Equity Evaluation: Emerging Market Evidence
Chen, Jianguo; Chen, Dar-Hsin - In: Journal of Emerging Market Finance 3 (2004) 1, pp. 77-93
In this paper we employ several risk measures to evaluate the equity returns in emerging markets. We focus on a downside risk approach, in particular, with shortfall probability, expected shortfall, downside variance and downside deviation. Our results show that return variance is important in...
Persistent link: https://www.econbiz.de/10010772801
Cover Image
Optimal Portfolio Selection: A Note with a VBA Solution
Velez-Pareja, Ignacio; Ávila, Pedro Fabián Castilla; … - MASTER CONSULTORES - 2012
Usually in financial textbooks and courses the theory of portfolio selection is taught in a strictly theoretical way …, given her preference curves and an efficient frontier. On the other hand, the Capital Asset Pricing Model (CAPM) is … practitioners conclude that those models are just inapplicable theory. This is the most rational behavior one can expect. What can …
Persistent link: https://www.econbiz.de/10010762986
Cover Image
On the Endogeneity of the Mean-Variance Efficient Frontier
Somerville, R. A.; Paul G. J. O’Connell - In: Journal of Economic Education 33 (2002) 4, pp. 357-366
The endogeneity of the efficient frontier in the mean-variance model of portfolio selection is commonly obscured in the portfolio selection literature and in widely used textbooks. The authors demonstrate this endogeneity and discuss the impact of parameter changes on the mean-variance efficient...
Persistent link: https://www.econbiz.de/10005600630
Cover Image
A Fuzzy Decision-Making Approach for Portfolio Management with Direct Real Estate Investment
Eddie, Man Hui Chi; Otto, Fai Lau Muk; Kak, Lo Keung - In: International Journal of Strategic Property Management 13 (2009) 2, pp. 191-204
Theory (MPT), through fuzzy set theory; in obtaining portfolio return optimization involving direct real estate investment …
Persistent link: https://www.econbiz.de/10010534714
Cover Image
A Fuzzy Decision-Making Approach for Portfolio Management with Direct Real Estate Investment
Eddie, Man Hui; Otto, Fai Lau; Kak, Lo - In: International Journal of Strategic Property Management 13 (2009) 2, pp. 191-204
Theory (MPT), through fuzzy set theory; in obtaining portfolio return optimization involving direct real estate investment …
Persistent link: https://www.econbiz.de/10010641372
Cover Image
The Contingency Thesis of Collective Bargaining Institutions
Traxler, Franz - In: CESifo DICE Report 1 (2003) 2, pp. 34-39
Persistent link: https://www.econbiz.de/10005048492
Cover Image
Size and Impact of Privatisation – A Survey of Empirical Studies
Chahyadi, Candra S.; Megginson, William L.; Netter, … - In: CESifo DICE Report 3 (2005) 1, pp. 03-11
Persistent link: https://www.econbiz.de/10005037318
Cover Image
Effects of Tax Depreciation Rules on Firms' Investment Decisions: A Comparison of European Transition Countries
Nam, Chang Woon; Radulescu, Doina Maria - In: CESifo DICE Report 1 (2003) 2, pp. 52-55
Persistent link: https://www.econbiz.de/10005037410
Cover Image
A journey without maps: The regional policies of the 1964-70 British Labour Government
O'Hara, Glen - In: Regional Studies 39 (2005) 9, pp. 1183-1195
O'Hara G. (2005) A journey without maps: the regional policies of the 1964-70 British Labour Government, Regional Studies 39 , 1183-1195. This paper examines four influences on British regional policy in the late 1960s: party politics in the context of the economic environment; the structure of...
Persistent link: https://www.econbiz.de/10005278616
Cover Image
Realized beta: Persistence and predictability
Andersen, Torben G.; Bollerslev, Tim; Diebold, Francis X.; … - Center for Financial Studies - 2004
emerging consensus that betas are in fact time-varying, leading to the prominence of the conditional CAPM. Set against that …
Persistent link: https://www.econbiz.de/10010986490