Ngày tải lên: 07/02/2013, 09:32
... return and trading volume in the Vietnam’s stock market in the context of Granger causality test and GARCH model test The sample, including two market indices and thirty seven largest market ... the dynamics of stock return, volatility and trading volume so that it would improve the understanding of the microstructure of the stock market and then help the participants and policy makers ... finance and the difficulties inside the economy, the stock market of Vietnam continues to perform quietly during the 2010 and the first half of 2011 For a young stock market, Vietnam‟s market...
Ngày tải lên: 27/09/2013, 21:58
the stock market, the theory of rational expectations, and the efficient markets hypothesis
... changes in expectations and therefore changes in price Stock prices are constantly changing Monetary Policy and Stock Prices • Monetary policy is an important determinant of stock prices • Gordon ... Supply and demand analysis states Re will equal the equilibrium return R* so Rof = R* Efficient Markets: Rational Expectations in Financial Markets III • Current prices in a financial market ... of the securities • In an efficient market prices are always correct and reflect market fundamentals Application: Practical Guide to Investing in the Stock Market • Recommendations from investment...
Ngày tải lên: 05/01/2014, 16:56
Tài liệu The Journal Of Financial And Quantitative Analysis - The Predictive Power Of Stock Market Indicators (Pdf) docx
Ngày tải lên: 17/01/2014, 03:20
Tài liệu Money Market Mutual Funds and Financial Stability doc
... 2008 and the more recent sovereign debt problems in Europe underscored the significance of money market fund flows to short-term credit markets, and the potential for disruptions in those flows and ... to money market funds could be significantly mitigated by proposed SEC reforms and, potentially, by monitoring and reducing the credit risk taken by prime funds Prime Money Market Funds and Credit ... Money Market Mutual Fund Liquidity Facility” – by Burcu Duygan-Bump, Patrick M Parkinson, Eric S Rosengren, Gustavo A Suarez, and Paul S Willen; and the related working paper of the same title and...
Ngày tải lên: 19/02/2014, 14:20
The Making of an Investment Banker: Stock Market Shocks, Career Choice, and Lifetime Income docx
... between $50K and $75K, between $75K and $100K, between $100K and $150K, between $150K and $200K, between $200K and $300K, between $300K and $400K, between $400K and $500K, between $500K and $750K, ... example, Hochberg, Ljungqvist, and Lu (2007) show the importance of networks in venture capital and Kaplan and Schoar (2005), Brown, Harlow, and Starks (1996), and Chevalier and Ellison (1997) find ... under the standard assumption that stock returns follow a random walk, any short-term change in stock market conditions should increase long-term expectations about the level of stock prices.3...
Ngày tải lên: 17/03/2014, 03:20
Bachelor of finance and banking thesis the test of CAPM in vietnam stock market
... such as study 3.3 CAPM and three factors modelsare valid in U.S stock market, study 3.4 and 3.5 stated that CAPM cannot apply for China stock market and Pakistan stock market in turn So that ... the stock exchange There are three stock exchanges in Vietnam stock market: HSX (Ho Chi Minh Stock Exchange), HNX (Ha Noi Stock Exchange) and Upcom (including the stocks that is traded on OTC market) ... are fixed and all assets are marketable and perfectly divisible, (e) asset markets are frictionless and information is costless and available to all investors, and (f) there are no market imperfections...
Ngày tải lên: 23/07/2014, 21:11
the stock market, credit, and capital formation
... Speculation CHAPTER V The Loss of Capital in Stock Exchange Speculation - 57 Demand for* Money by the Stock Market - 67 The Demand for Loans by the Stock Market - 97 CHAPTER CHAPTER CHAPTER CHAPTER ... THE STOCK MARKET, CREDIT AND CAPITAL FORMATION THE STOCK MARKET, CREDIT AND CAPITAL FORMATION BY FRITZ MACHLUP PROFESSOR OF ECONOMICS ... for so-called working capital or 13 STOCKMARKET, CREDIT AND CAPITAL FORMATION andbyturnovei of working capital,— and may also come from credit creation and dishoarding circulating capital From...
Ngày tải lên: 05/11/2014, 10:18
Tiểu luận quản trị rủi ro 198 Chen Roll Ross – Economic Forces and the Stock Market
... khả Mục tiêu Our present goal is merely to model equity returns as functions of macro variables and nonequity asset returns Dó đó, pp đưa biến thị trường chứng nội sinh, quan hệ với thị trường ... báo lạm phát bị ảnh hưởng yếu tố kinh tế khác nhiều sai số dự báo khứ C Phần bù rủi ro UPR= “Baa and under” bond portfolio return (t) – LGB (t) LGB(t): tỉ suất sinh lợi danh mục trái phiếu phủ...
Ngày tải lên: 16/11/2014, 10:32
Báo cáo quản trị rủi ro ECONOMIC FORCES AND THE STOCK MARKET
... rewarded in the stock market II Theory No satisfactory theory would argue that the relation between financial markets and the macroeconomy is entirely in one direction However, stock prices are ... of large stock market aggregates Any systematic variables that affect the economy's pricing operator or that influence dividends would also influence stock market returns II Theory Stock prices ... The strongest correlation is between UPR and UTS YP and MP, are correlated with each other and with each of the other variables except DEI and UI DEI and UI are correlated with each other because...
Ngày tải lên: 16/11/2014, 11:00
Equitization and listing of vinamilk in Vietnamese stock market
... documentation and procedures for listing in the stock market Though the market was then in its fifth year of operation, there was still and always lack of trading products and how to provide the market ... were being set up and put into operation The market was still small and the growth rate was very low - Many joint stock companies were still reluctant to list shares in the stock market due to the ... extent, contributed to develop the stock market and at the same time, the stock market is offering practical benefits which the company is seeking for itself and for its shareholders 26 CHAPTER...
Ngày tải lên: 25/11/2014, 00:42
prugsamatz - corporate governance effects on firm value and stock market performance in thailand -
... with firm value and stock market performance during two respective periods: 2002-2005 and 20062009 Also tested was whether an improvement could be observed for firm value and stock market performance ... value and stock market performance for the period 2006-2009 The relationships, again either positive or negative, between each Corporate Governance sub-indices with firm value and stock market ... Value and Stock Market Performance 2002 secondary data relevant to corporate governance results and provided by the SET was analyzed 2002 was the first year publicly listed companies in Thailand...
Ngày tải lên: 06/01/2015, 19:49
Tiểu luận môn đầu tư tài chính chủ đề ChenRollRoss ECONOMICS FORCE AND THE STOCK MARKET
... phiếu xếp hạng thấp (trái phiếu doanh nghiệp không chuyển đổi), lấy từ nghiên cứu từ R.G Ibbotson and Company cho giai đoạn từ năm 1977 trở trước Một mô tả chi tiết mẫu lấy từ Ibbotson (1979) Chuỗi ... theo (a) hệ số beta số thị trường (b) độ lệch chuẩn tỉ suất sinh lợi mô hình hồi quy thị trường (market – model regression) (ví dụ độ biến thiên phần dư) (c) giá chứng khoán Những nổ lực chưa thành...
Ngày tải lên: 21/06/2015, 22:38
Thuyết trình tài chính doanh nghiệp THE STOCK MARKET AND CORPORATE Investment A Test of Catering Theory
... abnormal investment, Ia, across the high and low quintiles, Our regression controls for the market, size, and book-to -market factors of Fama and French (1993) and the momentum factor of Carhart (1997) ... accruals should not affect the stock price Howev r, a large body of evidence indicates that investors seem to simply focus on earnings (see Hand, 1990; and Maines and Hand, 1996) We use past evidence ... in current liabilities and minus the change in income taxes payable, and DEP is depreciation and amortization www.themegallery.com The differences between earnings and cash flow arise because...
Ngày tải lên: 14/07/2015, 11:45
Tiểu luận môn tài chính doanh nghiệp The Stock Market and Corporate Invesment
... Chirinko Schaller (2001) Baker, Stein, andWurgler (2003), nơi mà tình cảm ảnh hưởng đến đầu tư thực Nhóm 1_TCDN_Cao học Khóa 23 Page 24 The Stock Market and Corporate Invesment GVHD: PGS.TS Trần ... bất thường tương đối thấp Qua đó, thấy mức đầu tư bất Nhóm 1_TCDN_Cao học Khóa 23 Page The Stock Market and Corporate Invesment GVHD: PGS.TS Trần Ngọc Thơ thường tương đối cao, công ty đầu tư mức ... trường vốn hiệu có thực ảnh hưởng đến sách đầu tư công ty Nhóm 1_TCDN_Cao học Khóa 23 Page The Stock Market and Corporate Invesment GVHD: PGS.TS Trần Ngọc Thơ Những nghiên cứu tìm hiểu liệu thay đổi...
Ngày tải lên: 14/07/2015, 11:50
A study of chinese stock market empirical and theoretical explorations by bayesian and GARCH models
... financial markets Due to economic and geographical considerations, US and Hong Kong are closest stock markets to China, thus understanding the integration between China and these two markets could ... show that China’s stock market is fractionally cointegrated with the other two markets, and it appears that China’s stock market has stronger ties with its neighboring Hong Kong market than with ... decentralization process via stock market Consequently, rent seeking activities in various forms and illegal transactions are prevalent in China’s stock market Indeed, Su and Fleisher (1999) and Gu (2003) test...
Ngày tải lên: 14/09/2015, 18:44
Board characteristics, board responsibilities and firm performance evidence from vietnams stock market
... that the stock market rated the 100 largest firms on HOSE & HNX average market value is higher than book value, or in other words, investors are expected on the market Vietnamese stock market in ... Board of Directors and firm performance, and then summarize and discuss the literature related to research in the thesis Proposed model and research hypothesis 2.1 AGENCY THEORY AND RESPONSIBILITIES ... duality , Gender diversity and firm performance in New Zealand Yammeesri and Herath Research (2010) on the characteristics of the Directors Board and firm performance in Thailand have found a link...
Ngày tải lên: 22/10/2015, 13:28
Stock market volatility and the great moderation
... the stock market and the riskiness of macroeconomic fundamentals, i.e consumption, in the CCH model has direct consequences for the relation between macroeconomic and stock market volatility Stock ... particular, how has the decline in macroeconomic volatility affected stock market volatility to date and what are the likely consequences of the Great Moderation on stock market volatility going ... news volatility declines substantially while return news volatility and overall stock market volatility stagnate The disconnect between fundamental macroeconomic volatility and stock return volatility...
Ngày tải lên: 06/12/2015, 20:45