Isbn: 9783658279554 - the consequences of short-sale constraints on the stability of financial markets (finanzwirtschaft, banken und bankmanagement i finance, banks and bank management) (12 resultados)

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Condición: New. pp. XV, 117 24 illus. 1 Edition NO-PA16APR2015-KAP.

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Taschenbuch. Condición: Neu. Druck auf Anfrage Neuware - Printed after ordering - Gevorg Hunanyan develops a model that provides a comprehensive theoretical framework to study the consequences of short-sale constraints on the stability of financial markets. This model shows that overpricing of securities is solely attributable to the subjective second moment beliefs of investors. Thus, short-sale constraints prevent a market decline only if investors have low dispersion of beliefs, which in the model is embodied in the covariance matrix. Moreover, the author analyses the consequences of short-sale constraints on the investor's portfolio selection, risk-taking behaviour as well as default probability. The author develops criteria that allow to analyse the effectiveness of short-sale constraints in reducing portfolio risk as well as default risk.…

Taschenbuch. Condición: Neu. The Consequences of Short-Sale Constraints on the Stability of Financial Markets | Gevorg Hunanyan | Taschenbuch | Finanzwirtschaft, Banken und Bankmanagement I Finance, Banks and Bank Management | xv | Englisch | 2019 | Springer VS | EAN 9783658279554 | Verantwortliche Person für die EU: Springer Gabler in Springer Science + Business Media, Tiergartenstr. 15-17, 69121 Heidelberg, juergen[dot]hartmann[at]springer[dot]com | Anbieter: preigu.…

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Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Gevorg Hunanyan develops a model that provides a comprehensive theoretical framework to study the consequences of short-sale constraints on the stability of financial markets. This model shows that overpricing of securities is solely attributable to the subjective second moment beliefs of investors. Thus, short-sale constraints prevent a market decline only if investors have low dispersion of beliefs, which in the model is embodied in the covariance matrix. Moreover, the author analyses the consequences of short-sale constraints on the investor's portfolio selection, risk-taking behaviour as well as default probability. The author develops criteria that allow to analyse the effectiveness of short-sale constraints in reducing portfolio risk as well as default risk. 136 pp. Englisch.…

Condición: New. Print on Demand pp. XV, 117 24 illus.

Condición: New. PRINT ON DEMAND pp. XV, 117 24 illus.

Condición: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Publication in the field of economic theoryPortfolio Selection.-&nbspCAPM Equilibrium.-&nbspDynamic Model.-&nbspSecurity Market Line.Gevorg Hunanyan develops a model that provides a comprehensive theoretical framework to study the consequences of.…

Taschenbuch. Condición: Neu. This item is printed on demand - Print on Demand Titel. Neuware -Publication in the field of economic theorySpringer-Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg 136 pp. Englisch.