Narrow search
Showing 51 - 60 of 106,288
Cover Image
Spillovers from equity to banking markets : Evidence from stock liquidity and the cost of bank loans
Brogaard, Jonathan - 2020
We use the SEC Tick Size Pilot Program to show that stock liquidity reduces the cost of bank loans. Treated firms experience a 52 basis point increase in the cost of borrowing during the Tick Size Pilot Program; an effect that reverses when the program ends. We find similar results in a broad...
Persistent link: https://www.econbiz.de/10012852594
Cover Image
Common factors and balance sheet structure of major European banks
Roma, Antonio - In: BNL Quarterly Review 59 (2006) 237, pp. 123-170
This paper explores the relationship between listed European banks' fundamental characteristics and the riskiness of … their stock returns. Banks' structural characteristics are measured through a number different balance sheet indicators … stock market at large. The results seem to indicate that, in the 1999-2002 period, in which the banks considered were traded …
Persistent link: https://www.econbiz.de/10010751996
Cover Image
The Internationalization of China's Equity Markets
Cortina Lorente, Juan Jose; Schmukler, Sergio L.; Xiao, … - 2023
China’s equity markets internationalization process started in the early 2000s but accelerated after 2012, when Chinese firms’ shares listed in Shanghai and Shenzhen gradually became available to international investors. This paper studies the effects of the post-2012 internationalization...
Persistent link: https://www.econbiz.de/10014254478
Cover Image
AIG Case Study Applied to the Efficient Capital Market Hypothesis and the Legal Theory of Finance
Gallopin, Alexandre - 2015
In 2008, AIG found itself on the brink of failure and required the Federal Reserve to step in with billions of dollars of taxpayer money. The causes of AIG's collapse have been described in numerous articles and official reports since then. Albeit some nuances, all analyzes point to AIG's credit...
Persistent link: https://www.econbiz.de/10013031046
Cover Image
Common factors and balance sheet structure of major European banks
Roma, Antonio - In: Banca Nazionale del Lavoro Quarterly Review 59 (2006) 237, pp. 123-170
This paper explores the relationship between listed European banks' fundamental characteristics and the riskiness of … their stock returns. Banks' structural characteristics are measured through a number different balance sheet indicators … stock market at large. The results seem to indicate that, in the 1999-2002 period, in which the banks considered were traded …
Persistent link: https://www.econbiz.de/10010658907
Cover Image
The spectre of terrorism and the stock market
Hanna, Alan J.; Turner, John D.; Walker, Clive B. - 2022
Terrorism is a major issue in the 21st century. In this paper we examine the effect of terrorism on the stock market. We go beyond previous studies to explore the spectre of terrorism on the market rather than terrorist activities. Using a narrative-based approach à la Shiller (2019), we find...
Persistent link: https://www.econbiz.de/10013428887
Cover Image
Becoming Applied: The Transformation of Economics after 1970
Backhouse, Roger E.; Cherrier, Beatrice - 2014
Abstract: This paper conjectures that economics has changed profoundly since the 1970s and that these changes involve a new understanding of the relationship between theoretical and applied work. Drawing on an analysis of John Bates Clark medal winners, it is suggested that the discipline became...
Persistent link: https://www.econbiz.de/10011592234
Cover Image
Probabilistic Economic Theory
Kondratenko, Anatoly V. - 2019
This book presents principles of physical economics, new economic discipline primarily concerned in the book with the agent-based physical modeling of the market economic systems and eventually with the elaborating of probabilistic economic theory. At the heart of physical economics and...
Persistent link: https://www.econbiz.de/10012901564
Cover Image
Ekonometria. Econometrics 32/2011 [Front Matter for : Ekonometria. Econometrics 32/2011]
Dziechciarz, Jozef Zbigniew - 2016
The 32nd issue of scientific journal Econometrics consists of 17 papers, the majority cover considerations about …
Persistent link: https://www.econbiz.de/10013007094
Cover Image
Ekonometria. Zastosowania Metod Ilościowych 30/2011 (Front Matter for : Econometrics: Application of Quantitative Method 30/2011)
Dziechciarz, Jozef Zbigniew - 2016
number thirty of Scientific Journal Econometrics published by Wroclaw University of Economics includes 12 articles. Mark …
Persistent link: https://www.econbiz.de/10013007096