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This book proposes new methods to value equity and model the Markowitz efficient frontier using Markov switching models and provide new evidence and solutions to capture the persistence observed in stock returns across developed and emerging markets
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Dem von Presse, Wirtschaft und Politik vorgeworfenen Defizit bundesdeutscher Hochschulen soll mit einem verstärkten Qualitätswettbewerb um den "Kunden" Studenten abgeholfen werden. Student(inn)en müßten dann allerdings bei der Wahl ihrer Hochschule Kriterien in Betracht ziehen, die durch...
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Adverse selection induces economic limits to market substitution. If quality uncertainty persists in both internet and traditional marketplaces, a second-best equilibrium with parallel market segments may arise. Positive trade in parallel segments implies that the information cost advantage of...
Persistent link: https://www.econbiz.de/10009491592
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