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Essays in Financial Economics

This volume, dedicated to John W. Kensinger, explores a variety of topics in financial economics, including firm growth, investment risks, and the profitability of the banking industry. With its global perspective, Essays in Financial Economicsis a valuable addition to the bookshelf of any researche...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Biswas, Rita
Otros Autores: Michaelides, Michael, Kensinger, John W.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Bingley : Emerald Publishing Limited, 2019.
Colección:Research in Finance Ser.
Temas:
Acceso en línea:Texto completo
Texto completo

MARC

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490 1 |a Research in Finance Ser. ;  |v v. 35 
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505 0 |a Intro; Essays in Financial Economics; Contents; List of Contributors; Introduction; Market Efficiency, Arbitrage, and Delivery Options in the Nymex Crude Oil Market; 1. The Futures Equilibrium No-Arbitrage Method; 2. Arbitrage, Cointegration and the Futures Equilibrium Differential; 3. Data; 3.1. Adjusted Physical Spot/Futures Crude Oil Price Data; 3.2. NYMEX/Brent Futures Contract Specifications; 4. Empirical Analysis and Results; 5. Conclusions and Summary; References; Financial Decisions and Growth of the Firm Under High and Low Levels of Information Asymmetry; 1. Introduction 
505 8 |a 1.1 Objectives of This Chapter2. Measures of Growth of the Firm; 3. Financing Decisions and Information Asymmetry; 4. Investment Decisions and Information Asymmetry; 5. Dividend Decisions and Information Asymmetry; 6. Interaction of Investment, Financing, Dividend Decisions and Growth of the Firm; 7. Hypotheses Development; 7.1. Proposed Proxy Measures of Information Asymmetry; 8. Data, Statistical Tests, and Estimation Methods; 8.1. Statistical Tests and Estimation Methods; 9. Results and Discussion; 10. Conclusion; 10.1. The Case of High Information Asymmetry 
505 8 |a 10.2. The Case of Low Information AsymmetryReferences; Is Growth Risky? Evidence from India; 1. Theoretical Background; 2. Brief Literature Survey; 3. Data and Methodology; 3.1. Measurement of Variables; 3.2. Data; Panel VAR Model; 4. Empirical Results; 4.1. Optimum Lag Length; 4.2. Regression Specifications; 4.3. Test of Causality; 4.4. Impulse Response Function; 4.5. Variance Decomposition; 5. Discussion; 6. Conclusion; 6.1. Summary and Implications; 6.2. Limitations; References; Detecting Profitability and Investment Risk Premiums in the French Stock Market; 1. Introduction 
505 8 |a 2. Data and Methodology2.1. Data; 2.2. Methodology; 3. Results; 3.1. Summary Statistics; 3.2. Model Performance; 3.3. Regression Details; 3.4. Size-Profitability Portfolios; 3.5. Size-Investment Portfolios; 4. Robustness Tests; 4.1. Fama and Macbeth (1973) Two-step Regression; 4.2. Market Conditions; 4.3. European Sovereign Debt Crisis; 5. Conclusion; References; Appendix 1. Formulas used to Construct Monthly Factor Values; Stock Market Volatility Modeling and Forecasting with a Special Reference to BSE Sensex; 1. Introduction; 2. Review of Literature; 3. Statement of the Problem 
505 8 |a 4. Objectives of the Study5. Research Design and Methodology; 5.1. Data; 5.2. Tools of Analysis; 5.3. Descriptive Statistics; 5.4. Test of Stationary; 5.5. Volatility Measurement Technique; 6. Results and Discussion; 6.1. Augmented Dickey-Fuller (ADF) Test; 6.2. GARCH(1,1) Model Estimation; 6.3. Validation; 7. Findings and Conclusion; 8. Limitations and Scope of the Study; 9. Scope for Further Research; References; Are Italian Banks Profitable by Using Derivatives? Evidence from the Recent Recession of Italian Economy; 1. Introduction; 2. Sample Description and Statistics 
500 |a 3. Literature Review 
520 |a This volume, dedicated to John W. Kensinger, explores a variety of topics in financial economics, including firm growth, investment risks, and the profitability of the banking industry. With its global perspective, Essays in Financial Economicsis a valuable addition to the bookshelf of any researcher in finance. 
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