Showing 71 - 80 of 96
Persistent link: https://www.econbiz.de/10009582570
We analyse focus group discussions about long-run (retirement) financial decisions, and explore the extent to which participant responses are related to the oft-used behavioural explanations of financial choice. We find that persons of all ages understand the importance of long-term savings, but...
Persistent link: https://www.econbiz.de/10013015306
Online share trading is no longer restricted to expert brokers; there is a diverse population of traders with varying abilities and experience. Decision making in this context can be sub-optimal and risky. This study investigates how performance varies with level of cognitive ability and speed...
Persistent link: https://www.econbiz.de/10013096328
We examine changes in bank equity risk following the formation of the Economic Monetary Union (EMU) in 1999. With the exception of Germany, we observe a decline in bank risk across euro-zone countries. Total risk decreased for 70% of the euro-zone banks in our sample with a statistically...
Persistent link: https://www.econbiz.de/10013159661
We investigate bank capital, charter value, off-balance sheet activities, dividend payout ratio and size as determinants of bank equity risk (systematic risk, total risk, interest rate risk and idiosyncratic risk) and credit risk. Using information for 117 financial institutions across 15...
Persistent link: https://www.econbiz.de/10013108171
Sovereign wealth funds (SWFs) are investment portfolios and savings funds that are controlled and actively managed by a sovereign government. In this paper, we document the investment behavior of a specific fund, Temasek Holdings, which is the Singapore government's SWF. Using a sample dataset...
Persistent link: https://www.econbiz.de/10013111267
We analyse the investment performance of a large sample of individuals investing in discretionary retirement savings products offered by a large Australian financial institution. This is of interest from the perspective of market efficiency and the ability of individuals to over or under-perform...
Persistent link: https://www.econbiz.de/10013082791
The shares of BP plc and its subcontractors were rocked when the financial markets discovered the true impact of the Deepwater Horizon explosion as reported in the Wall Street Journal on 22 April 2010. While we track the impact of the disaster on share prices of the key participants, perhaps the...
Persistent link: https://www.econbiz.de/10012975254
We analyse the investment performance of a large sample of individuals investing in discretionary superannuation products offered by a large Australian financial institution. We do not find gender differences as has previously been reported but we do find evidence of a negative relationship...
Persistent link: https://www.econbiz.de/10012970298
The use of futures prices to predict commodity cash prices is important both to practitioners and researchers yet the literature provides conflicting results on the ability of futures prices to predict cash prices. Brenner and Kroner (1995) argue that if the cost of carry model applies to...
Persistent link: https://www.econbiz.de/10012746885