Showing 1 - 10 of 9,000
Persistent link: https://www.econbiz.de/10010235638
We analyze the dynamics of price jumps and the impact of the European debt crisis using the high-frequency data reported by selected stock exchanges on the European continent during the period January 2008 to June 2012. We employ two methods to identify price jumps: Method 1 minimizes the...
Persistent link: https://www.econbiz.de/10013071459
Persistent link: https://www.econbiz.de/10001513461
Persistent link: https://www.econbiz.de/10001494681
Persistent link: https://www.econbiz.de/10013423132
Persistent link: https://www.econbiz.de/10001659873
Persistent link: https://www.econbiz.de/10012137861
Persistent link: https://www.econbiz.de/10003739011
Market Hypothesis sense. The paper tries to show that this so-called excess volatility is to a large extend the result of the … employing the Gordon Growth Model and using an estimation process for the dividend growth rate that was suggested by Barsky and …, constant dividend growth rates as well as non-variable discount rates. It is shown that indeed volatility declines considerably …
Persistent link: https://www.econbiz.de/10003482498
Persistent link: https://www.econbiz.de/10003446407