a comparison of basic and extended markowitz model on croatian
... www.zse.hr [Accessed 30/08/2012] ...
... www.zse.hr [Accessed 30/08/2012] ...
Belief Regimes and Sovereign Debt Crises
... In this paper, we study an environment in which sovereign debtors face risk due to shocks to the endowment, shocks to the risk premia charged in loan markets, and shocks to creditor “beliefs” regarding the actions of other creditors. We motivate this environment by documenting a number of facts rega ...
... In this paper, we study an environment in which sovereign debtors face risk due to shocks to the endowment, shocks to the risk premia charged in loan markets, and shocks to creditor “beliefs” regarding the actions of other creditors. We motivate this environment by documenting a number of facts rega ...
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... economies can also be called endowment binding. On the other hand, for economies with low-quality institutions, the view that finance is a key driver of the real economy is essentially correct. Finance is a source of comparative advantage, and factor endowments may fail to determine equilibrium out ...
... economies can also be called endowment binding. On the other hand, for economies with low-quality institutions, the view that finance is a key driver of the real economy is essentially correct. Finance is a source of comparative advantage, and factor endowments may fail to determine equilibrium out ...
NBER WORKING PAPER SERIES ADVANTAGE? Jiandong Ju
... economies can also be called endowment binding. On the other hand, for economies with low-quality institutions, the view that finance is a key driver of the real economy is essentially correct. Finance is a source of comparative advantage, and factor endowments may fail to determine equilibrium out ...
... economies can also be called endowment binding. On the other hand, for economies with low-quality institutions, the view that finance is a key driver of the real economy is essentially correct. Finance is a source of comparative advantage, and factor endowments may fail to determine equilibrium out ...
Franchise Value and Firm Profitability: The Case of the Property
... premiums net of expenses, abbreviated as ELRs). To test the predictions of the model, we use a sample of property and liability insurers over the period 1985 to 2008. We first perform portfolio analysis to examine the average relationship between franchise value and insurer profitability. Insurers ...
... premiums net of expenses, abbreviated as ELRs). To test the predictions of the model, we use a sample of property and liability insurers over the period 1985 to 2008. We first perform portfolio analysis to examine the average relationship between franchise value and insurer profitability. Insurers ...
Financial Capability in the United States
... Over the past five to six years, the financial resilience of the American people has been tested to a degree that had not been seen for many decades. A substantial decline in residential real estate prices, a roughly 50% collapse in the stock market and unemployment rates at 25-year highs combined t ...
... Over the past five to six years, the financial resilience of the American people has been tested to a degree that had not been seen for many decades. A substantial decline in residential real estate prices, a roughly 50% collapse in the stock market and unemployment rates at 25-year highs combined t ...
Standard Bank Group
... specifically impaired and the resulting losses recognised in the profit or loss only if: there is objective evidence of impairment resulting from one or more events that have occurred after the initial recognition of the asset, and that event has an impact on the estimated future cash flows of a ...
... specifically impaired and the resulting losses recognised in the profit or loss only if: there is objective evidence of impairment resulting from one or more events that have occurred after the initial recognition of the asset, and that event has an impact on the estimated future cash flows of a ...
Optimal asset allocation in a stochastic factor
... portfolio consists of two components. The …rst is the so-called myopic portfolio and has the same functional form as the one in the classical Merton problem. The second component, usually referred to as the excess hedging demand, is generated by the stochastic factor. Conceptually, very little is un ...
... portfolio consists of two components. The …rst is the so-called myopic portfolio and has the same functional form as the one in the classical Merton problem. The second component, usually referred to as the excess hedging demand, is generated by the stochastic factor. Conceptually, very little is un ...
CAPM in Market Overreaction Conditions: Evidence in Indonesia
... strategy is obtained from the return reversal of stocks. Also, this strategy does not require an initial investment (zero cost) where investors will sell stocks that demanded by markets (winners) and using the funds obtained from the sale to buy stocks less attractive for the market (losers). Method ...
... strategy is obtained from the return reversal of stocks. Also, this strategy does not require an initial investment (zero cost) where investors will sell stocks that demanded by markets (winners) and using the funds obtained from the sale to buy stocks less attractive for the market (losers). Method ...
Financial Distress
... where the Authority reasonably believes (taking into account the discussions and any Provider and Material Sub-contractor representations made under paragraph 9.2.1) that the Material Sub-contractor Financial Distress Event could impact on the continued performance and delivery of the Services in ac ...
... where the Authority reasonably believes (taking into account the discussions and any Provider and Material Sub-contractor representations made under paragraph 9.2.1) that the Material Sub-contractor Financial Distress Event could impact on the continued performance and delivery of the Services in ac ...
Shifting the Lens – A De-Risking Toolkit for Impact Investment
... Over the last decade, we have seen both the supply and demand side of impact investing accelerate rapidly. On the demand side, charitable organisations are becoming increasingly market-based, enterprise is becoming more socially-motivated and the public sector is increasingly ‘spinning out’ provisio ...
... Over the last decade, we have seen both the supply and demand side of impact investing accelerate rapidly. On the demand side, charitable organisations are becoming increasingly market-based, enterprise is becoming more socially-motivated and the public sector is increasingly ‘spinning out’ provisio ...
makerere university firm characteristics, foreign exchange risk
... The adoption of a floating rate regime, the rapid globalization of national economies and the attempts by multinational corporations to seek investment opportunities and markets beyond their immediate borders account for the increasing exposure of firms to foreign exchange risk. Exchange rate variab ...
... The adoption of a floating rate regime, the rapid globalization of national economies and the attempts by multinational corporations to seek investment opportunities and markets beyond their immediate borders account for the increasing exposure of firms to foreign exchange risk. Exchange rate variab ...
1861 - Syndicate annual accounts 2016
... underwriting methods. The resultant reduction in subscription business has required that the Syndicate differentiates on product, service, or the capability to lead business, in order to maintain market share in many lines. The Syndicate has had success in delivering this strategy, achieving premium ...
... underwriting methods. The resultant reduction in subscription business has required that the Syndicate differentiates on product, service, or the capability to lead business, in order to maintain market share in many lines. The Syndicate has had success in delivering this strategy, achieving premium ...
word_link - Alexander`s Inc.
... Conservation ("NYDEC") on the finalization of the approach. The Center has accrued $1,500,000 for its estimated obligation with respect to the clean up of the site, which includes costs of (i) remedial investigation, (ii) feasibility study, (iii) remedial design, (iv) remedial action and (v) profess ...
... Conservation ("NYDEC") on the finalization of the approach. The Center has accrued $1,500,000 for its estimated obligation with respect to the clean up of the site, which includes costs of (i) remedial investigation, (ii) feasibility study, (iii) remedial design, (iv) remedial action and (v) profess ...
