Encyclopedia of Finance Part 6 ppt

... Jour- nal of Business, 57: 73– 96. Jensen, M. (1 968 ). ‘‘The performance of mutual funds in the period 1945-1 964 .’’ Journal of Finance, 23: 389-3 46. Jensen, M. (ed.) (1972). Studies in the Theory of Capital Markets. ... risk.’’ Journal of Finance, 63 : 431– 468 . Cochrane, J.H. (19 96) . ‘‘A cross-sectional test of a pro- duction based asset pricing model.’’ Journal of...

Ngày tải lên: 06/07/2014, 08:20

... and professionals, in an attempt to meet the demand for a key source of fundamental finance terminology and concepts. This Encyclopedia of Finance contains five parts. Part I includes finance terminology ... Distinguished Professor of Finance at Rutgers Busi- ness School, Rutgers University and was chairperson of the Department of Finance from 1988–1995. He has also se...

Ngày tải lên: 06/07/2014, 08:20

... immunization.’’ Jour- nal of Banking and Finance, 12(3): 493–504. Redington, F.M. (1952). ‘‘Review of the principle of Life-Office Valuations.’’ Journal of the Institute of Actuaries, 78: 2 86 340. Samuelson, ... and Capital, 2nd edn, 19 46. Oxford: Clarendon Press. 4 26 ENCYCLOPEDIA OF FINANCE expected at the time of investment, as a result of interest rate shifts. The...

Ngày tải lên: 06/07/2014, 08:20

... 0.5081 À0. 467 8 0.1987 2002,05,02 À0.1052 0.7507 0.4547 1.1003 1% percentile À4.88495 À4.05485 6. 60 260 À12.470 86 1% VaR 4.88495 4.05485 6. 60 260 12.470 86 a a 12.470 86 is not equal to the sum of three ... Effects 0.79771 0.7 161 6 1.14537 2 .65 924 4 96 ENCYCLOPEDIA OF FINANCE neutral,’’ where the market probability can be quite different. B. Recombining condition: For trac...

Ngày tải lên: 06/07/2014, 08:20

... REITs 60 65 70 75 80 85 90 95 REIT payout rations, dividends as a percent of FFO (Quarterty, 1994–2003:Q4) Percent 89 88 85 83 90 88 86 84 88 83 82 79 81 78 75 74 74 72 72 69 71 68 68 67 68 65 66 63 68 65 72 73 68 68 71 72 74 78 81 86 Figure ... 1994–2003:Q4) Percent 89 88 85 83 90 88 86 84 88 83 82 79 81 78 75 74 74 72 72 69 71 68 68 67 68 65 66 63 68 65...

Ngày tải lên: 06/07/2014, 08:20

... efficiency.’’ Journal of Finance, 48: 65 –91. Jegadeesh, N. and Titman, S. (2001). ‘‘Profitability of momentum strategies: an evaluation of alternative explanations.’’ Journal of Finance, 56: 69 9–720. Lee, ... deter- mination of income. In Equation ( 46. 10), its LHS is the demand for loans, and the RHS the supply of loans. Equations ( 46. 4), ( 46. 8), ( 46. 9), and ( 46. 10...

Ngày tải lên: 06/07/2014, 08:20

... Mathe- matical Association of America), pp. 464 – 467 . [2] Jacobs, D.A.H. (ed.) 1977, The State of the Art in Numerical Analysis (London: Academic Press), pp. 259– 262 . 10 .6 Conjugate Gradient Methods ... + 1 2 x · A · x (10 .6. 1) Then the number of unknown parameters in f is equal to the number of free parameters in A and b,whichis 1 2 N(N+1),whichweseetobeoforderN 2 . Changing...

Ngày tải lên: 15/12/2013, 04:15

... range of integration. { int j; float xr,xm,dx,s; static float x[]={0.0,0.1488743389,0.4333953941, The abscissas and weights. First value of each array not used. 0 .67 9409 568 2,0. 865 063 366 6,0.9739 065 285}; static ... used. 0 .67 9409 568 2,0. 865 063 366 6,0.9739 065 285}; static float w[]={0.0,0.2955242247,0. 269 266 7193, 0.2190 863 625,0.1494513491,0. 066 6713443}; xm=0.5*(b+a);...

Ngày tải lên: 15/12/2013, 04:15

... it will look (in part) like this: f(x)=··· +[y 8 −α(8,x)y 9 −β(9,x)y 10 ]F 8 (x) +[y 7 −α(7,x)y 8 −β(8,x)y 9 ]F 7 (x) +[y 6 −α (6, x)y 7 −β(7,x)y 8 ]F 6 (x) +[y 5 −α(5,x)y 6 −β (6, x)y 7 ]F 5 (x) +··· +[y 2 −α(2,x)y 3 −β(3,x)y 4 ]F 2 (x) +[y 1 −α(1,x)y 2 −β(2,x)y 3 ]F 1 (x) +[c 0 +β(1,x)y 2 −β(1,x)y 2 ]F 0 (x) (5.5.22) Notice ... 1 961 , Modern Computing Methods , 2nd ed. (New York: Ph...

Ngày tải lên: 24/12/2013, 12:16

... tolerance of the project constraints of cost, schedule, scope, and quality. Definitions of the levels of probability and impact, and expert interviewing, can help to correct biases that are often ... criticality of risk-related actions may magnify the importance of a risk. An evaluation of the quality of the available information on project risks also helps understand the...

Ngày tải lên: 24/12/2013, 19:15