標題: Titlebook: Global Stock Markets; Expected returns, co Wolfgang Drobetz Book 2000 Springer Fachmedien Wiesbaden 2000 International Financial Market.arb [打印本頁] 作者: 脾氣好 時間: 2025-3-21 18:39
書目名稱Global Stock Markets影響因子(影響力)
書目名稱Global Stock Markets影響因子(影響力)學科排名
書目名稱Global Stock Markets網(wǎng)絡(luò)公開度
書目名稱Global Stock Markets網(wǎng)絡(luò)公開度學科排名
書目名稱Global Stock Markets被引頻次
書目名稱Global Stock Markets被引頻次學科排名
書目名稱Global Stock Markets年度引用
書目名稱Global Stock Markets年度引用學科排名
書目名稱Global Stock Markets讀者反饋
書目名稱Global Stock Markets讀者反饋學科排名
作者: 容易懂得 時間: 2025-3-21 22:35 作者: 有效 時間: 2025-3-22 00:23 作者: 兇殘 時間: 2025-3-22 06:09 作者: Thyroxine 時間: 2025-3-22 12:28
Volatility bounds for stochastic discount factors on global financial markets,s to it. For example, one cannot believe that the capital asset pricing model (CAPM) does hold, but the class of consumption-based models does not. Ultimately, one would like to know what qualitative properties of the data drive the rejection of the model. This knowledge would also give the search f作者: Prostatism 時間: 2025-3-22 13:14 作者: Prostatism 時間: 2025-3-22 19:56 作者: SYN 時間: 2025-3-22 23:35
Book 2000y do not provide much insight into the economic and dynamic nature of risk premia. The "conditional" CAPM provides an elegant econometric framework to characterize how changing economic conditions de- termine the variability of multiple risk premia. However, this framework still re- quires some rath作者: Cholagogue 時間: 2025-3-23 03:35 作者: Presbyopia 時間: 2025-3-23 06:10
https://doi.org/10.1007/978-3-642-54041-7rope has developed in several waves. The capitalization of all emerging markets accounts for roughly 10 percent of the total world stock market capitalization. Second, international portfolio investment is becoming increasingly popular. In a fully efficient international stock market, buying a world作者: Ccu106 時間: 2025-3-23 12:18
Argentina: From Trials to Pardons to Trials,rarily large scale. In the absence of arbitrage opportunities, there exists a stochastic discount factor that relates payoffs to market prices for all assets in the economy. This can be understood as an application of the Arrow-Debreu model of general equilibrium to financial markets. A state price 作者: 精美食品 時間: 2025-3-23 16:00
Judicial Power in a Globalized Worldcountries have different appreciations for real returns. This chapter presents the classical approaches to extend domestic asset pricing models to a global context. As a by-product, international asset pricing models provide the benchmark returns for tests of capital market integration. Finally, in 作者: 出生 時間: 2025-3-23 18:27
https://doi.org/10.1007/978-3-319-64477-6encies to compensate investors for the cost of trading and information gathering. Second, for a long time financial economists used to think that market efficiency implies that returns follow a random walk. Indeed, the old market efficiency-constant expected return model seemed to perform well in th作者: 完成才會征服 時間: 2025-3-24 00:34 作者: 伴隨而來 時間: 2025-3-24 03:51
L. J. Brinkhorst,Henry G. Schermersurns. The empirical evidence throughout this book has shown that stock returns are predictable to some extent on the basis of global instrument variables. It has been argued in chapter 4 that expected returns vary with the business cycle, and that appropriate instrument variables should be indicator作者: 哄騙 時間: 2025-3-24 09:33
Tom Barkhuysen,Michiel van Emmeriks, extracts business cycle components from macroeconomic time series, tests both beta pricing and stochastic discount factor models in their unconditional as well as conditional versions and, finally, simulates a slightly adapted version of the Lucas (1978) endowment economy. The examination include作者: 努力趕上 時間: 2025-3-24 13:33 作者: 幼稚 時間: 2025-3-24 18:26 作者: MELD 時間: 2025-3-24 21:25 作者: interrogate 時間: 2025-3-25 03:05 作者: slow-wave-sleep 時間: 2025-3-25 06:38 作者: institute 時間: 2025-3-25 08:01 作者: 主動 時間: 2025-3-25 13:57 作者: 救護車 時間: 2025-3-25 19:04
Theory of asset pricing, risk of uncertain payments have to be taken into account simultaneously. A low price implies a high rate of return, so one can also think of asset pricing as explaining why some assets exhibit higher returns than others. Intuitively, if we lived in a world without risk, the price of an asset would 作者: Lignans 時間: 2025-3-25 23:47
Theory of international asset pricing,erences before translating the pricing concepts introduced in the previous chapter into an international context. Most important, different countries have different commercial and monetary policies. Barriers to the movements of goods, labor, and capital are the results of national commercial policie作者: ELUC 時間: 2025-3-26 02:01
Time varying expected returns and the business cycle on international stock markets,rong form of efficiency has been subject to considerable critique from two main strands. First, trading and gathering information are not costless. Grossman/Stiglitz (1980) argue that efficient markets should reflect relevant information only to the point where the marginal benefits of acting on inf作者: 草率女 時間: 2025-3-26 07:23 作者: nettle 時間: 2025-3-26 10:09 作者: 老巫婆 時間: 2025-3-26 15:06
Mean reversion and rational pricing on global stock markets,nt market — price changes must be unforecastable if they are properly anticipated. Prices follow a random walk and fully incorporate the information and expectations of all market participants. Fama’s (1970a) dictum that “prices fully reflect all available information” has become a holy grail among 作者: Ejaculate 時間: 2025-3-26 20:09
On the contributions of this study,is book has been to explore the interplay between time varying expected returns, consumption, and the business cycle on global stock markets. The main idea that has come up again and again is that expected returns vary with the business cycle. In a nutshell, if the time variation in expected returns作者: 暫時中止 時間: 2025-3-26 21:54 作者: 擁擠前 時間: 2025-3-27 01:45
Argentina: From Trials to Pardons to Trials, risk of uncertain payments have to be taken into account simultaneously. A low price implies a high rate of return, so one can also think of asset pricing as explaining why some assets exhibit higher returns than others. Intuitively, if we lived in a world without risk, the price of an asset would 作者: 偽書 時間: 2025-3-27 07:44
Judicial Power in a Globalized Worlderences before translating the pricing concepts introduced in the previous chapter into an international context. Most important, different countries have different commercial and monetary policies. Barriers to the movements of goods, labor, and capital are the results of national commercial policie作者: 安裝 時間: 2025-3-27 13:20 作者: alleviate 時間: 2025-3-27 13:46
Other tasks of the Court of Justice,turns is linked to the business cycle. In this chapter I will further explore the relationship between stock returns and real activity within a formal beta pricing framework. Merton’s (1973) pricing equation includes the covariances of each asset’s return with both the market portfolio and all state作者: entitle 時間: 2025-3-27 19:25 作者: adj憂郁的 時間: 2025-3-28 00:21
L. J. Brinkhorst,Henry G. Schermersnt market — price changes must be unforecastable if they are properly anticipated. Prices follow a random walk and fully incorporate the information and expectations of all market participants. Fama’s (1970a) dictum that “prices fully reflect all available information” has become a holy grail among 作者: 使服水土 時間: 2025-3-28 05:20 作者: 窩轉(zhuǎn)脊椎動物 時間: 2025-3-28 08:54 作者: excrete 時間: 2025-3-28 10:30 作者: Incorporate 時間: 2025-3-28 17:18 作者: V切開 時間: 2025-3-28 20:56
