東華大學圖書館 |

語系: 繁體中文

說明(常見問題)

回圖書館首頁

手機版館藏查詢

登入

回首頁 到查詢結果 [ subject:"Short selling (Securities)" ]

切換: 標籤 | MARC模式 | ISBD

The consequences of short-sale const...

Hunanyan, Gevorg.

FindBook

Google Book

Amazon

博客來

The consequences of short-sale constraints on the stability of financial markets

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	The consequences of short-sale constraints on the stability of financial markets/ by Gevorg Hunanyan.
作者:	Hunanyan, Gevorg.
出版者:	Wiesbaden :Springer Fachmedien Wiesbaden : : 2019.,
面頁冊數:	xv, 117 p. :ill., digital ;24 cm.
內容註:	Portfolio Selection -- CAPM Equilibrium -- Dynamic Model -- Security Market Line.
Contained By:	Springer eBooks
標題:	Short selling (Securities) -
電子資源:	https://doi.org/10.1007/978-3-658-27956-1
ISBN:	9783658279561

The consequences of short-sale constraints on the stability of financial markets
Hunanyan, Gevorg.

The consequences of short-sale constraints on the stability of financial markets[electronic resource] /by Gevorg Hunanyan. - Wiesbaden :Springer Fachmedien Wiesbaden :2019. - xv, 117 p. :ill., digital ;24 cm. - Finanzwirtschaft, banken und bankmanagement i finance, banks and bank management,2524-6429. - Finanzwirtschaft, banken und bankmanagement i finance, banks and bank management..

Portfolio Selection -- CAPM Equilibrium -- Dynamic Model -- Security Market Line.

Gevorg Hunanyan develops a model that provides a comprehensive theoretical framework to study the consequences of short-sale constraints on the stability of financial markets. This model shows that overpricing of securities is solely attributable to the subjective second moment beliefs of investors. Thus, short-sale constraints prevent a market decline only if investors have low dispersion of beliefs, which in the model is embodied in the covariance matrix. Moreover, the author analyses the consequences of short-sale constraints on the investor's portfolio selection, risk-taking behaviour as well as default probability. The author develops criteria that allow to analyse the effectiveness of short-sale constraints in reducing portfolio risk as well as default risk. Contents Portfolio Selection CAPM Equilibrium Dynamic Model Security Market Line Target Groups Researchers and students in the fields of financial engineering, mathematics, microeconomics, macroeconomics and business sciences Practitioners in the fields of banking, insurance, (political) consulting The Author Gevorg Hunanyan completed his doctoral dissertation under the supervision of Prof. Dr. Jan Wenzelburger at the Technische Universitat Kaiserslautern at the Chair of Macroeconomics.

ISBN: 9783658279561

Standard No.: 10.1007/978-3-658-27956-1doiSubjects--Topical Terms:

2205873
Short selling (Securities)

LC Class. No.: HG6041 / .H863 2019

Dewey Class. No.: 332.632

The consequences of short-sale constraints on the stability of financial markets
LDR:02453nmm a2200337 a 4500 001 2218888
003 DE-He213
005 20200120101934.0
006 m d
007 cr nn 008maaau
008 201126s2019 gw s 0 eng d
020 $a 9783658279561 $q (electronic bk.)
020 $a 9783658279554 $q (paper)
024 7 $a 10.1007/978-3-658-27956-1 $2 doi
035 $a 978-3-658-27956-1
040 $a GP $c GP
041 0 $a eng
050 4 $a HG6041 $b .H863 2019
072 7 $a KCA $2 bicssc
072 7 $a BUS069030 $2 bisacsh
072 7 $a KCA $2 thema
082 0 4 $a 332.632 $2 23
090 $a HG6041 $b .H931 2019
100 1 $a Hunanyan, Gevorg. $3 3453696
245 1 4 $a The consequences of short-sale constraints on the stability of financial markets $h [electronic resource] / $c by Gevorg Hunanyan.
260 $a Wiesbaden : $b Springer Fachmedien Wiesbaden : $b Imprint: Springer Gabler, $c 2019.
300 $a xv, 117 p. : $b ill., digital ; $c 24 cm.
490 1 $a Finanzwirtschaft, banken und bankmanagement i finance, banks and bank management, $x 2524-6429
505 0 $a Portfolio Selection -- CAPM Equilibrium -- Dynamic Model -- Security Market Line.
520 $a Gevorg Hunanyan develops a model that provides a comprehensive theoretical framework to study the consequences of short-sale constraints on the stability of financial markets. This model shows that overpricing of securities is solely attributable to the subjective second moment beliefs of investors. Thus, short-sale constraints prevent a market decline only if investors have low dispersion of beliefs, which in the model is embodied in the covariance matrix. Moreover, the author analyses the consequences of short-sale constraints on the investor's portfolio selection, risk-taking behaviour as well as default probability. The author develops criteria that allow to analyse the effectiveness of short-sale constraints in reducing portfolio risk as well as default risk. Contents Portfolio Selection CAPM Equilibrium Dynamic Model Security Market Line Target Groups Researchers and students in the fields of financial engineering, mathematics, microeconomics, macroeconomics and business sciences Practitioners in the fields of banking, insurance, (political) consulting The Author Gevorg Hunanyan completed his doctoral dissertation under the supervision of Prof. Dr. Jan Wenzelburger at the Technische Universitat Kaiserslautern at the Chair of Macroeconomics.
650 0 $a Short selling (Securities) $3 2205873
650 1 4 $a Economic Theory/Quantitative Economics/Mathematical Methods. $3 2162305
650 2 4 $a Macroeconomics/Monetary Economics//Financial Economics. $3 2162289
650 2 4 $a Financial Engineering. $3 2191344
710 2 $a SpringerLink (Online service) $3 836513
773 0 $t Springer eBooks
830 0 $a Finanzwirtschaft, banken und bankmanagement i finance, banks and bank management. $3 3453697
856 4 0 $u https://doi.org/10.1007/978-3-658-27956-1
950 $a Economics and Finance (Springer-41170)