|
|
|
|
|
Vivek Arora
AbstractThe transparency of monetary policy in South Africa has increased substantially since the end of the 1990s. But little empirical work has been done to examine the economic benefits of the increased transparency. This paper shows that, in recent y...
ver más
|
|
|
|
|
|
|
|
|
|
|
Marcos Massaki Abe,Eui Jung Chang,Benjamin Miranda Tabak
Pág. pp. 29 - 39
This paper employs a recently developed parametric technique to obtain density forecasts for the Brazilian exchange rate, using the exchange rate options market. Empirical results suggest that the option market contains useful information about future ex...
ver más
|
|
|
|
|
|
|
|
|
|
|
Ahmed Bouteska,Boutheina Regaieg
Pág. 208 - 214
This paper aims to investigate the effect of financial analysts? recommendations on the overconfidence and over or under-reaction to previous years? earnings, as well as their impact on investment decisions in the Tunisian stock market. Literature mostly...
ver más
|
|
|
|
|
|
|
|
|
|
|
Dimitrios Kartsonakis Mademlis,Nikolaos Dritsakis
Pág. 49 - 60
In several financial applications, it is extremely useful to predict volatility with the highest precision. Neural Networks alongside GARCH-type models have been extensively employed in the last decades for estimating volatility of financial indices. The...
ver más
|
|
|
|
|
|
|
|
|
|
|
Hyun Min Oh, Sam Bock Park and Jong Hyun Kim
We examine whether analysts? cash flow forecasts improve firm value. First, we analyze whether the joint issuance of financial analysts? earnings and cash flow forecasts improve firm value. Second, we analyze whether the quality of analysts? cash flow fo...
ver más
|
|
|
|
|
|
|
|
|
|
|
David A. Blum
Independent venture capital (IVC) firms invest in nascent, high growth, high risk, and market scalable companies for the purposes of achieving a successful exit. An exit is the primary method IVCs use to receive a return on investment. Although IVCs prov...
ver más
|
|
|
|
|
|
|
|
|
|
|
Wagner Piazza Gaglianone,Ana Luiza Louzada Pereira
Pág. pp. 55 - 100
This article analyses the behavior of the Brazilian exchange rate (Real/US dollar) and the corresponding values forecasted by the market agents, from 2001 (November) to 2004 (may). We use the data-base of the Brazilian Central Bank, called Sistema de Exp...
ver más
|
|
|
|
|
|
|
|
|
|
|
Flavius Darie
Pág. 103 - 117
This study investigates whether different specifications of univariate GARCH models can usefully forecast volatility on the foreign exchange market. The study uses only forecasts from an asymmetric GARCH model, namely Exponential GARCH (EGARCH) for CHF/R...
ver más
|
|
|
|
|
|
|
|
|
|
|
Jianguo Zheng, Yilin Wang, Shihan Li and Hancong Chen
Accurate stock market prediction models can provide investors with convenient tools to make better data-based decisions and judgments. Moreover, retail investors and institutional investors could reduce their investment risk by selecting the optimal stoc...
ver más
|
|
|
|
|
|
|
|
|
|
|
Stelios Bekiros and Christos Avdoulas
We examined the dynamic linkages among money market interest rates in the so-called ?BRICS? countries (Brazil, Russia, India, China, and South Africa) by using weekly data of the overnight, one-, three-, and six- months, as well as of one year, Treasury ...
ver más
|
|
|
|
|
|
|
|
|
|
|
Jesse de Beer
AbstractThe concept of an equity risk premium (ERP) is fundamental to modern financial theory and central to every decision at the heart of corporate finance. Efforts to quantify ERP are well rewarded by insights into the stability and dynamics of long-t...
ver más
|
|
|
|
|
|