Narrow search
Showing 1 - 10 of 52,116
Cover Image
A new stock-price bubble with stochastically deflating trajectories
Rotermann, Benedikt; Wilfling, Bernd - In: Applied economics letters 25 (2018) 15, pp. 1091-1096
Persistent link: https://www.econbiz.de/10012132351
Cover Image
House prices, expectations, and time-varying fundamentals
Gelain, Paolo; Lansing, Kevin J. - In: Journal of empirical finance 29 (2014), pp. 3-25
Persistent link: https://www.econbiz.de/10011300508
Cover Image
Market expectations and option prices : techniques and applications ; with 13 tables
Mandler, Martin - 2003
Persistent link: https://www.econbiz.de/10001746869
Cover Image
Systematic mispricing in European equity prices?
Berneburg, Marian (contributor) - 2007
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
Cover Image
Asset pricing with two types of heterogeneous consumption volatilities in mind : evidence from China
Chen, Qi-an; Li, Huashi; Lin, Jianyi; Yan, Youliang - In: Pacific-Basin finance journal 77 (2023), pp. 1-36
Persistent link: https://www.econbiz.de/10014463601
Cover Image
Monetary Policy and Asset Valuation
Bianchi, Francesco - 2016
The U.S. economy is characterized by large, longer term regime shifts in asset values relative to macroeconomic fundamentals. These movements coincide with shifts in the real federal funds rate in excess of a measure of the natural rate of interest, and in equity market return premia. We specify...
Persistent link: https://www.econbiz.de/10012984111
Cover Image
Monetary Policy and Asset Valuation
Bianchi, Francesco - 2016
We find evidence of infrequent shifts, or "regimes," in the mean of the asset valuation variable <i>cay<sub>t</sub></i> that are strongly associated with low-frequency fluctuations in the real federal funds rate, with low policy rates associated with high asset valuations, and vice versa. There is no evidence...
Persistent link: https://www.econbiz.de/10012456107
Cover Image
Monetary Policy and Asset Valuation
Bianchi, Francesco; Lettau, Martin; Ludvigson, Sydney C. - 2021
We document large, longer-term, joint regime shifts in asset valuations and the real federal funds rate-r* spread. To interpret these findings, we estimate a novel macro-finance model of monetary transmission and find that the documented regimes coincide with shifts in the parameters of a policy...
Persistent link: https://www.econbiz.de/10013234115
Cover Image
Speed of price adjustment in Indian stock market : a paradox
Kayal, Parthajit; Mondal, Sayanti - In: Asia Pacific financial markets 27 (2020) 4, pp. 453-476
Persistent link: https://www.econbiz.de/10012390325