搜索结果: 1-7 共查到“货币银行学 measure”相关记录7条 . 查询时间(0.022 秒)
Do Measures of Financial Constraints Measure Financial Constraints?
Finance Financial Services Industry
2015/4/27
Financial constraints are not directly observable, so empirical research relies on indirect measures. We evaluate how well five popular measures (paying dividends, having a credit rating, and the Kapl...
This paper provides a critical evaluation of a widely made argument that
stock prices in markets with lower return R2
are more e¢ cient. We show that in
a standard rational expectations model, retu...
Legislation to reinstate Glass-Steagall introduced Measure would separate investment and commercial banking
the move New York Democratic reinstate the Banking Act the Glass-Steagall
2011/9/27
The article reports on the move of New York Democratic Representative Maurice Hinchey in introducing a bill that would reinstate the Banking Act of 1993 or better known as the Glass-Steagall Act in wh...
PRACTICE TRENDS: How Does Your Practice Measure Up?
financial planning market developing financial plans Practice Trend
2011/8/20
The article reports on the improvement of the financial planning market in the U.S. amidst the competition. It cites a survey on financial planners conducted by the Financial Planning Association (FPA...
Portfolio Insurance under a risk-measure constraint
Portfolio insurance Utility maximization Convex risk measures CVaR entropic risk measure
2011/3/23
We study the problem of portfolio insurance from the point of view of a fund manager, who guarantees to the investor that the portfolio value at maturity will be above a fixed threshold.
Multidimensional dynamic risk measure via conditional g-expectation
risk measure conditional g-expectation
2010/12/13
This paper studies multidimensional dynamic risk measure induced by conditional $g$-expectation. A notion of multidimensional $g$-expectation is proposed to provide a multidimensional version of nonli...
Stochastic Dominance and Risk Measure: A Decision-Theoretic Foundation for VaR and C-VaR
downside risk value-at-risk conditional-VaR stochastic dominance utility
2011/4/6
Is it possible to obtain an objective and quantifiable measure of risk backed up by choices made by some specific groups of rational investors? To answer this question, in this paper we establish some...