Encyclopedia of Finance Part 13 ppt

... pricing of bonds.’’ Journal of Banking and Finance, 3: 135 –155. Brennan, M.J. and Schwartz, E.S. (1982). ‘‘An equili- brium model of bond pricing and a test of market efficiency.’’ Journal of Financial ... 3.07155 498 ENCYCLOPEDIA OF FINANCE the yield curve measures the agents’ time value of money, the standard economic theory relates the interest rate movements to the dy...

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...

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... Jour- nal of Finance, 58: 139 3–1414. Foster, D., Smith, T., and Whaley, R. (1997). ‘‘Asse ss- ing goodness -of- fit of asset pricing models: the dis- tribution of the maximal R-squared.’’ Journal of Finance, ... forecasting skills.’’ Journal of Business, 54: 513 534. Sharpe, W.F. (1964). ‘‘Capital asset prices: a theory of market equilibrium under conditions of risk.’’ Jour-...

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... 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: 286–340. Samuelson, ... around 80 percent of the variance in holding period returns. A number of studies examine the effectiveness of immunization over sample sets of government 420 ENCYC...

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... þ$10 12 þ$10 24 p(y) 0.29 0.16 0 .13 0.29 536 ENCYCLOPEDIA OF FINANCE Hanoch, G. and Levy, H. (1969). ‘‘The efficiency analy- sis of choices involving risk.’’ Review of Economic Studies, 36: 335–346. Kahneman, ... until the end of 1980s. At the end of 1980s, the combined effect of overbuilding, the savings and loan crisis, and the impact of the Tax Reform Act of 1986 led...

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... 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: 699–720. Lee, ... The role of volume.’’ Journal of Finance, 49: 153–181. Chan, K., Hameed, A., and Tong, W. (2000). ‘‘Profit- ability of momentum strategies in the international equity ma...

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... prin- ciples of 1798 and emerging as founder of the first of Amer- ica’s ‘‘third’’ political parties, the Quids. Randolph was defeated for reelection in 1 813 because of his opposition to the War of 1812. ... of Canterbury. He also served as archbishop of York and bishop of Durham and was a leading ecumenical churchman and a president of the World Council of Churches. Ram...

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... the expansion of bank powers In the House of Representatives, shift in a mere 13 votes on the privacy provisions would have defeated the entire legislation. 310 ENCYCLOPEDIA OF FINANCE Table ... http:==econ.worldbank.org=programs =finance= topic=depinsurance= 304 ENCYCLOPEDIA OF FINANCE The law, as passed, requires regulators to estab- lish standards to ensure the privacy o...

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... theory of capital asset pricing.’’ Journal of Economic Theory, 13: 341–360. Sharpe, W. (1964). ‘‘Capital asset prices: a theory of market equilibrium under conditions of risk.’’ Jour- nal of Finance, ... Maturity ¼ n years. Empty cell represents the improbable case of r pf < r z . 318 ENCYCLOPEDIA OF FINANCE Journal of international Money and Finance, 9: 182–192. De...

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... (1989). ‘‘The impact of data errors on meas- urement of the foreign exchange risk premium.’’ Jour- nal of International Money and Finance, 8: 147–157. 356 ENCYCLOPEDIA OF FINANCE asset on each ... cointegration techniques.’’ Applied Economics, 20: 136 9 138 1. Wagster, J.D. (1996). ‘‘Impact of the 1988 Basle Accord on international banks.’’ Journal of Finance, 51: 132 1 13...

Ngày tải lên: 06/07/2014, 08:20