Stock Market Books

Product Description
This digital document is a journal article from Journal of Banking and Finance, published by Elsevier in . The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
We examine the influence of the European Monetary Union (EMU) on the dynamic process of stock market integration over the period 2 January 1989-29 May 2003 using a bi… More >>

Dynamic stock market integration driven by the European Monetary Union: An empirical analysis

Product Description
The stock market contagion effect has become more pronounced in recent years because of the rapid global economic integration. It may also be observed that stock market contagion always comes for debate only when a major crisis hits the US market. Studies found that the long term correlation between US markets and the rest of the world wasn?t high enough to say that the global markets are fully interconnected. But, when looking at the contagion dynamics over the sho… More >>

Stock Market Contagion: Empirical Evidence From The DotCom Bubble: A Conditional Correlation Approach

Product Description
Financial market volatility plays a crucial role in financial decision making, as volatility forecasts are important input parameters in areas such as option pricing, hedging strategies, portfolio allocation and Value-at-Risk calculations. The fact that financial innovations arrive at an ever-increasing rate has motivated both academic researchers and practitioners and advances in this field have been considerable. The use of Stochastic Volatility (SV) models … More >>

Empirical Studies on Volatility in International Stock Markets

Product Description
Emerging markets have received a particular attention of academic researchers and practitioners since they decided to open their domestic capital markets to foreign participants about three decades ago. At the same time, we remark that theoretical and empirical research in emerging stock markets has been particularly challenged by their fast changes in nature and size under the effects of financial liberalization and reforms. This evolving feature has particularly l… More >>

The Dynamics of Emerging Stock Markets: Empirical Assessments and Implications

Product Description
The emphasis of this book is on understanding special characteristics of the financial systems of emerging markets, where the existence of market imperfections such as asymmetric information, adverse selection and moral hazard can cause financial market failures. Considering the Thai stock market as an example, this book provides an econometric study of a typical Asian financial system. Many contemporary techniques and models are used in this study, including simpl… More >>

Empirical Finance: Modelling and Analysis of Emerging Financial and Stock Markets