Showing 1 - 10 of 1,399
The trading of securities on multiple markets raises the question of each market's share in the discovery of the …
Persistent link: https://www.econbiz.de/10010302551
trading volumes and big changes in prices frequently traded at market closing times. This paper proposes a more robust … estimation of market returns by providing a new indicator that accounts for the information content in prices and trading volumes …
Persistent link: https://www.econbiz.de/10010272310
trading volumes and big changes in prices frequently traded at market closing times. This paper proposes a more robust … estimation of market returns by providing a new indicator that accounts for the information content in prices and trading volumes … return ; trading volumes ; international transmission of news ; GARCH …
Persistent link: https://www.econbiz.de/10003481783
The trading of securities on multiple markets raises the question of each market's share in the discovery of the …
Persistent link: https://www.econbiz.de/10008666526
A lot happened even before the perceived beginning of this crisis in 2007, so although the events are recent, I will review the period from 2001 to date, as part of our inquiry into the lessons to be learned. Much of it is probably familiar, but worth revisiting. This necessarily simplified...
Persistent link: https://www.econbiz.de/10009506958
Given the growing importance of terrorism in today's world, it is essential to understand its impact on the global economy. This paper examines the case of Israel to consider the impact of this phenomenon on the nation's economy. Specifically, it will aim to determine whether the Israeli...
Persistent link: https://www.econbiz.de/10013132262
It has been a puzzle why foreign firms obtain credit ratings by global rating agencies such as S&P or Moody's rather than from their home country's rating agencies even though the global raters typically assign lower credit ratings when these foreign firms issue bonds in their home currencies....
Persistent link: https://www.econbiz.de/10013137991
In the wake of market volatility, many investors may feel a desire to change their approach and be more "nimble" or "opportunistic" in their pursuit of investment goals. In this paper, Robert Maynard, Chief Investment Officer for the Public Employee Retirement System of Idaho and Brandes...
Persistent link: https://www.econbiz.de/10013121780
The meltdown in liquidity in the corporate debt market in the second half of 2008, the related widening in spreads, and concerns over use (and misuse) of credit default swaps may have created both cyclical and secular opportunities for fixed income investors
Persistent link: https://www.econbiz.de/10013121782
In 1994, Josef Lakonishok, Andrei Shleifer, and Robert Vishny published a landmark study investigating the performance of value stocks relative to glamour securities in the United States over a 26-year period. Their research concluded that value stocks tended to outperform glamour stocks by wide...
Persistent link: https://www.econbiz.de/10013121790