Incomplete Markets and Incentives to Set Up an Options Exchange PDF Download

Author: Douglas Gale
Publisher:
ISBN:
Category :
Languages : en
Pages : 55

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Author: Franklin Allen
Publisher: MIT Press
ISBN: 9780262011419
Category : Business & Economics
Languages : en
Pages : 398

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Franklin Allen and Douglas Gale assemble some of their key papers along with a five-chapter overview that not only synthesizes their work but provides a historical and institutional review and a discussion of alternative approaches as well.

Author: John C. Cox
Publisher: Prentice Hall
ISBN:
Category : Business & Economics
Languages : en
Pages : 518

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Includes the first published detailed description of option exchange operations, the first published treatment using only elementary mathematics and the first step-by-step procedure for implementing the Black-Scholes formula in actual trading.

Author: John Eatwell
Publisher: Springer
ISBN: 1349117218
Category : Business & Economics
Languages : en
Pages : 869

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The first reference work ever to be awarded the Eccles Prize for Excellence in Economic Writing from Columbia Business School. Continuing in the tradition of The New Palgrave , this 3-volume set provides an unparalleled guide to modern money, banking and finance. In over 1,000 substantial essays by leading academic and professional authorities, it provides the most comprehensive analysis available of contemporary theory and the fast-evolving global monetary and financial framework. In its scope and depth of coverage, it is indispensable for the academic and practitioner alike.

Author: Sardar M. N. Islam
Publisher: Springer Science & Business Media
ISBN: 3790826669
Category : Business & Economics
Languages : en
Pages : 208

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This book makes two key contributions to empirical finance. First it provides a comprehensive analysis of the Thai stock market. Second it presents an excellent exposition ofhow modem econometric techniques can be utilised to understand a market. The increasing globalisation of the world's financial markets has made our un derstanding of the risk-return relationship in a broader range of markets critical. This is particularly so in emerging markets where market depth and liquidity are major issues. One such emerging market is Thailand. The Thai capital market isof particular interest given that it was the market in which the Asian financial crises commenced. As such an understanding ofthe Thai capital market via study of the pre and post-crisis periods enables one to shed light on one of the major financial markets events of recent times. This book provides a quantitative analysis of the Thai capital market using some very useful and recent econometric techniques. The book provides an over view of the Thai stock market in chapter 2. Descriptive statistics and time series models (moving average, exponential smoothing, ARIMA) are presented in chap ter 3 followed by market efficiency tests based on autocorrelations in chapter 4. A richer set of models is then considered in chapters 5 through 8. Chapter 5 finds a cointegrating relationship between macroeconomic factors and stock returns.

Author: Kenneth J. Arrow
Publisher: Springer
ISBN: 1349115738
Category : Business & Economics
Languages : en
Pages : 316

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This book, with an overview introduction by Kenneth J.Arrow, is the first volume of the proceedings of the World Economic Congress held in Athens, Greece, in August/September 1989 under the auspices of the International Economic Association. It contains in Part 1 lectures from the plenary session by distinguished world economists. Part 2 contains surveys and reflections on various aspects of markets in equilibrium. Part 3 is concerned with normative criteria for economic policy within the framework of welfare and social choice theory.

Author:
Publisher:
ISBN:
Category : Federal Reserve banks
Languages : en
Pages : 504

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Author: Rudiger Dornbusch
Publisher: Cambridge University Press
ISBN: 9780521392662
Category : Business & Economics
Languages : en
Pages : 384

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As Europe proceeds towards economic and monetary union, fiscal convergence and the prospect of a common money are at the centre of discussion. This volume from the Centre for Economic Policy Research brings together theoretical, applied and historical research on the management of public debt and its implications for financial stability.

Author: Alberto Giovannini
Publisher: Cambridge University Press
ISBN: 9780521428903
Category : Business & Economics
Languages : en
Pages : 380

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Book Description
Leading international experts examine the implications of integration for the monetary structure of the European community.

Author: Pennsylvania
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 810

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