Showing 161 - 170 of 116,902
stronger in smaller stocks and in growth stocks. These findings support the notion of “noise” in aggregate market prices …
Persistent link: https://www.econbiz.de/10011039240
Tobin's q equations on the ratios of R&D to assets stocks, patents to R&D, and citations to patents. We find that each ratio …
Persistent link: https://www.econbiz.de/10005551218
market share in the stocks covered relative to stocks that are not covered. …
Persistent link: https://www.econbiz.de/10005633640
This paper tests if the use of simple technical trading rules on Swiss stock prices is profitable. It considers several trading rules based on the crossing of moving averages. The use of bands and oscillators such as the relative strength index or the stochastic indicator is also investigated,...
Persistent link: https://www.econbiz.de/10005634250
The need to develop securities market has, following the recent international financial crises, increasingly attracted the attention of national and international policy makers. Never before have developed and developing countries shared such a strong interest in ensuring the stable growth of...
Persistent link: https://www.econbiz.de/10005561601
Interest rate risk represents one of the key forms of financial risk faced by banks. It has given rise to an extensive …. However, the analysis of the sources of bank interest rate risk has received much less attention in the literature. The aim of … significantly and negatively related to the level of bank¿s interest rate risk. El riesgo de interés representa una de las …
Persistent link: https://www.econbiz.de/10004991795
This paper analyses the informational content of financial prices in Spain, mainly from the viewpoint of a central bank. In partiocular, we examine the informational content of domestic yields and yield spreads, foreign-domestic spreads, credit quality spreads, stock prices and excahnge rates on...
Persistent link: https://www.econbiz.de/10005657337
This paper examines the impact of a random number of stock prices changes on the valuation formula for options. The model introduces the structure of the general marked point process (MPP). The kind of models allows to take in account more general distributions of time interarrival: they need no...
Persistent link: https://www.econbiz.de/10005660703
that an individual petty corrupt behaviour is a consequence of the theoretically-optimal behaviour for the risk …) occasionally for the risk-seeking official, who subjectively underweight rare event and its probability. …
Persistent link: https://www.econbiz.de/10009482177
In this thesis we consider two comparative statics questions of changes in risk. The first question concerns situations … where an individual faces some risk and has no control over the uncertain environment. In these situations we ask what kind … of changes in risk will cause the individual's expected utility to increase. The second comparative statics question …
Persistent link: https://www.econbiz.de/10009484196