Essays On Financial Market Imperfections

DOWNLOAD

Download Essays On Financial Market Imperfections PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Essays On Financial Market Imperfections book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page

Essays In Financial Market Imperfections

DOWNLOAD
Author : Rajdeep Sengupta
language : en
Publisher:
Release Date : 2006

Essays In Financial Market Imperfections written by Rajdeep Sengupta and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.

Essays On Financial Market Imperfections

DOWNLOAD
Author : Ding Wu (Ph. D.)
language : en
Publisher:
Release Date : 2007

Essays On Financial Market Imperfections written by Ding Wu (Ph. D.) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with categories.

This dissertation consists of three chapters on financial market imperfections, in particular, information imperfections. Chapter 1 studies how the existence of a fixed cost per transaction faced by uninformed investors hampers information revelation through price and exacerbates adverse selection. The exacerbated adverse selection explains one long-standing puzzle in finance - the momentum anomaly. Properly adjusting stock returns for adverse selection by using data on trading volume substantially mitigates momentum-based arbitrage profits for the sample period from 1983 to 2004. Chapter 2 studies how information asymmetry prevents perfect risk-sharing and offers insights on stock return behavior. Chapter 3 explores the idea of Tobin's tax in the context of an emerging market and in particular examines the cost effects on speculation in the Chinese stock market.

Essays In Financial Market Imperfections And Institutional Responses

DOWNLOAD
Author : Thomas Frederik Hellmann
language : en
Publisher:
Release Date : 1997

Essays In Financial Market Imperfections And Institutional Responses written by Thomas Frederik Hellmann and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with categories.

Essays In Financial Market Imperfections And Institutional Responses

DOWNLOAD
Author : Thomas Hellmann
language : en
Publisher:
Release Date : 1994

Essays In Financial Market Imperfections And Institutional Responses written by Thomas Hellmann and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with categories.

Essays On Financial Market Imperfections And Human Capital Accumulation

DOWNLOAD
Author : Constantinos Panayiotis Christou
language : en
Publisher:
Release Date : 1994

Essays On Financial Market Imperfections And Human Capital Accumulation written by Constantinos Panayiotis Christou and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Credit categories.

Essays In Macroeconomics And Financial Market Imperfections

DOWNLOAD
Author : Alexander Wulff
language : en
Publisher:
Release Date : 2018

Essays In Macroeconomics And Financial Market Imperfections written by Alexander Wulff and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.

This dissertation consists of four self-contained papers that deal with the implications of financial market imperfections and heterogeneity. The analysis mainly relates to the class of incomplete-markets models but covers different research topics. The first paper deals with the distributional effects of financial integration for developing countries. Based on a simple heterogeneous-agent approach, it is shown that capital owners experience large welfare losses while only workers moderately gain due to higher wages. The large welfare losses for capital owners contrast with the small average welfare gains from representative-agent economies and indicate that a strong opposition against capital market opening has to be expected. The second paper considers the puzzling observation of capital flows from poor to rich countries and the accompanying changes in domestic economic development. Motivated by the mixed results from the literature, we employ an incomplete-markets model with different types of idiosyncratic risk and borrowing...

Three Essays On Monetary Policy Welfare And Financial Market Imperfections

DOWNLOAD
Author : Matthias Paustian
language : en
Publisher:
Release Date : 2005

Three Essays On Monetary Policy Welfare And Financial Market Imperfections written by Matthias Paustian and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with categories.

Theory And Reality In Financial Economics

DOWNLOAD
Author : George M. Frankfurter
language : en
Publisher: World Scientific
Release Date : 2007

Theory And Reality In Financial Economics written by George M. Frankfurter and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Business & Economics categories.

A collection of essays dealing with financial markets' imperfections, and the inability of neoclassical economics to deal with such imperfections. This book argues that financial economics, as based on the tenets of neoclassical economics, cannot answer or solve the real-life problems that people face.

Essays On The Theory Of Financial Intermediation

DOWNLOAD
Author : Michel de Lange
language : en
Publisher:
Release Date : 1992

Essays On The Theory Of Financial Intermediation written by Michel de Lange and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Credit categories.

Essays On Capital Market Imperfections

DOWNLOAD
Author : Ming Huang
language : en
Publisher:
Release Date : 1996

Essays On Capital Market Imperfections written by Ming Huang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Capital market categories.