Search
Feedback
About
Help
News
| Listing 1 - 2 of 2 |
Sort by
|
Book
ISBN: 3642021468 9786612458972 3642021484 1282458973 3642021476 Year: 2009 Publisher: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer,
Abstract | Keywords | Export | Availability | Bookmark
Loading...Choose an application
- Reference Manager
- EndNote
- RefWorks (Direct export to RefWorks)
This book describes a laboratory experiment designed to test the causes and properties of bubbles in financial markets and explores the question whether it is possible to design markets which avoid such bubbles and crashes. In the experiment, subjects were given the opportunity to trade in a stock market modeled after the seminal work of Smith et al. (1988). To account for the increasing importance of online betting sites, subjects were also allowed to trade in a digital option market. The outcomes shed new light on how subjects form and update their expectations, placing special emphasis on the bounded rationality of investors. Various analytical bubble measures found in the literature are collected, calculated, classified and presented for the first time. The very interesting new bubble measures "Dispersion Ratio", "Overpriced Transactions" and "Underpriced Transactions" are developed, making the book an important step towards the research goal of preventing bubbles and crashes in financial markets. In addition, the book formulates concrete new research hypotheses for future studies.
Capital market -- Mathematical models. --- Capital market. --- International finance -- Mathematical models. --- International finance. --- Finance - General --- Finance --- Business & Economics --- Assets (Accounting) --- Economics --- Methodology. --- Economics, Mathematical. --- Economic theory. --- Microeconomics. --- Macroeconomics. --- Economics. --- Macroeconomics/Monetary Economics//Financial Economics. --- Quantitative Finance. --- Economic Theory/Quantitative Economics/Mathematical Methods. --- Asset requirements --- Finance. --- Economic theory --- Political economy --- Social sciences --- Economic man --- Funding --- Funds --- Currency question --- Price theory --- Economics, Mathematical . --- Mathematical economics --- Econometrics --- Mathematics --- Methodology --- Econometrics. --- Macroeconomics and Monetary Economics. --- Mathematics in Business, Economics and Finance. --- Quantitative Economics. --- Mathematics. --- Economics, Mathematical --- Statistics
Book
ISBN: 3540710027 3642146384 9786612825170 3540710035 1282825178 9783540710035 9783540710028 9783642146381 Year: 2009 Publisher: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer,
Abstract | Keywords | Export | Availability | Bookmark
Loading...Choose an application
- Reference Manager
- EndNote
- RefWorks (Direct export to RefWorks)
This book integrates the fundamentals of monetary theory, monetary policy theory and financial market theory, providing an accessible and comprehensive introduction to the many-sided interrelations between these fields of research. It provides the reader with the intellectual groundwork indispensable for understanding the workings and interactions of today’s globalised financial markets. The topics addressed in this book include, inter alia, alternative money supply regimes, money demand functions, monetary policy transmission, monetary policy effectiveness and the natural rate of unemployment, monetary political business cycles, and monetary policy strategies. Basic valuation models for stocks, and bonds and asset price linkages across currency areas are covered as well. Illustrated by carefully chosen examples and supported by extensive data analyses, this book is highly recommended to readers who seek an in-depth and up-to-date integrated overview about the ever-expanding theoretical and quantitative fields of monetary and financial economics.
Capital markets -- Mathematical models. --- International finance -- Mathematical models. --- Monetary policy -- Mathematical models. --- Money -- Mathematical models. --- Money --- Monetary policy --- International finance --- Capital market --- Business & Economics --- Finance --- Investment & Speculation --- Economic Theory --- Mathematical models --- Mathematical models. --- Macroeconomics/Monetary Economics. --- Finance/Investment/Banking. --- Affaires. --- Economie de l'entreprise. --- Science économique. --- Geldpolitik --- Geldtheorie --- Internationaler Kapitalmarkt --- Internationaler Kreditmarkt --- Makroökonomisches Modell --- Geldpolitik. --- Geldtheorie. --- Internationaler Kapitalmarkt. --- Internationaler Kreditmarkt. --- Makroökonomisches Modell. --- Finance. --- Macroeconomics. --- Economics. --- Macroeconomics/Monetary Economics//Financial Economics. --- Finance, general. --- Funding --- Funds --- Economics --- Currency question --- 332 --- 333.400 --- 333.600 --- 333.80 --- AA / International- internationaal --- Geldwezen: algemeenheden --- Financiële markten. Kapitaalmarkten (algemeenheden) --- Geld-, bank- en kredietpolitiek. Kapitaalmarkt en -rente: algemeenheden
| Listing 1 - 2 of 2 |
Sort by
|