Showing 1 - 5 of 5
For most events, risk-neutral outcome probabilities are identical across numeraire currencies. Some events, however, such as elections or referendums, may have an impact on exchange rates. This implies numeraire dependence in risk-neutral outcome probabilities, which leads to different state...
Persistent link: https://www.econbiz.de/10012852984
Persistent link: https://www.econbiz.de/10012306209
Persistent link: https://www.econbiz.de/10011793970
Persistent link: https://www.econbiz.de/10014575493
After the 2020 U.S. presidential election, counting votes and calling states took more time than usual, particularly in battleground states. In the days following the election, winning probabilities changed frequently as new results were tabulated. Based on the sensitivity of stocks to changes...
Persistent link: https://www.econbiz.de/10014352021