Narrow search
Showing 1 - 10 of 1,296
Cover Image
The Impact of Derivatives on the Volatility of Turkish Stock Market
Cimen, Aysegul - 2019
The interaction among futures and spot markets has been one of the most important issues of the financial markets since the launch of stock index futures by Kansas City Board of Trade in 1982. The main characteristics of derivatives such as having lower transaction costs, higher leverage, higher...
Persistent link: https://www.econbiz.de/10012891813
Cover Image
An Investigation of Return and Volatility Linkages Among Stock Markets : A Study of Emerging Asian and Selected Developed Countries
Bhowmik, Roni - 2019
This article investigates returns and volatility linkages among stock markets, including emerging Asian (e.g., India, China, Bangladesh, Malaysia, Philippine, and South Korea) stock markets and developed (e.g., United States, United Kingdom, Japan, and Singapore) stock markets. During the sample...
Persistent link: https://www.econbiz.de/10012895619
Cover Image
Circuit Breakers and Market Runs
Draus, Sarah - 2016
Merely out of fear for future liquidity shocks, traders may run on financial markets. We show this coordination failure could be overcome by applying circuit breakers (which curb excessive trading). However, the common-practice circuit breakers fall short of their potential and could even damage...
Persistent link: https://www.econbiz.de/10013008082
Cover Image
Coherent Preferences and Asset Prices in Stock Market
Shi, Leilei - 2020
and reversal trading in stock market where market dynamic equilibrium exists. We find that: 1) coherent preferences … generate nonlinear V-shaped price pressure and market dynamic equilibrium whereas beliefs contribute to discrepancy between … market equilibrium prices and fundamental prices; and 2) subject individuals can display either disposition effect or inverse …
Persistent link: https://www.econbiz.de/10012854377
Cover Image
Competitiveness in the Ukrainian Stock Market and Local Crisis of 2013–2015
Plastun, Oleksiy - 2018
This paper investigates competitiveness in the Ukrainian stock market during local crisis of 2013–2015. The following hypothesis is tested: crisis decreases competitiveness in the stock market. The analysis is carried out for the most liquid stocks in the Ukrainian Exchange (UX) over the...
Persistent link: https://www.econbiz.de/10012920837
Cover Image
Effect of monetary policy on the Nigerian stock market : a smooth transition autoregressive approach
Babangida, Jamilu S.; Khan, Asad ul Islam - In: CBN journal of applied statistics 12 (2021) 1, pp. 1-21
This paper examines the nonlinear effect of monetary policy decisions on the performance of the Nigerian Stock Exchange market, by employing the Smooth Transition Autoregressive (STAR) model on monthly data from 2013 M4 to 2019 M12 for All Share Index and monetary policy instrument. This study...
Persistent link: https://www.econbiz.de/10012604392
Cover Image
Information Content of Stocks in Call Auction of Shorter Duration in Emerging Market
Bag, Dinabandhu - 2021
Pre-open auctions have been widely implemented across trading exchanges. Pre-open auctions tend to reduce information asymmetry and trading risks. Call auctions have been encouraged to enhance price discovery. This paper explores the shifts in information content of the pre-market auction...
Persistent link: https://www.econbiz.de/10013232642
Cover Image
Heterogeneity and Limited Stock Market Participation
Aase, Knut K. - 2015
We derive the equilibrium interest rate and risk premiums using recursive utility with heterogeneity in a continuous …
Persistent link: https://www.econbiz.de/10013034055
Cover Image
Size Effect Anomaly in Indian Stock Market : Time Series Analysis
Prasad, Saroj Shantanu - 2020
[enter Abstract Body]The study attempts to find out investment strategy based on size effect results in companies to outperform the market index. The study aims to find out whether the size effect anomaly is present in Indian stock market. The sample consists of companies listed in BSE 500 Index...
Persistent link: https://www.econbiz.de/10012831518
Cover Image
The correlation between economic indicators and taiwan stock market - a case study of leading and lagging indicators
Yang, Lori Tzu-Yi - In: Financial studies 24 (2020) 4, pp. 41-59
This study investigates the correlation between economic indicators and Taiwan stock market, analysing the leading and lagging indicators from January 1995 to December 2016 to determine whether there is any significant correlation between the indicators and the stock market. With Large-cap Stock...
Persistent link: https://www.econbiz.de/10012421825