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

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...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριοι συγγραφείς: Islam, Sardar M. N. (Συγγραφέας), Watanapalachaikul, Sethapong (Συγγραφέας)
Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
Γλώσσα:English
Έκδοση: Heidelberg : Physica-Verlag HD : Imprint: Physica, 2005.
Σειρά:Contributions to Economics,
Θέματα:
Διαθέσιμο Online:Full Text via HEAL-Link
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100 1 |a Islam, Sardar M. N.  |e author. 
245 1 0 |a Empirical Finance  |h [electronic resource] :  |b Modelling and Analysis of Emerging Financial and Stock Markets /  |c by Sardar M. N. Islam, Sethapong Watanapalachaikul. 
264 1 |a Heidelberg :  |b Physica-Verlag HD :  |b Imprint: Physica,  |c 2005. 
300 |a XIV, 201 p.  |b online resource. 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
347 |a text file  |b PDF  |2 rda 
490 1 |a Contributions to Economics,  |x 1431-1933 
505 0 |a 1 Introduction -- 2 The Thai Financial System: Characteristics of the Emerging Thai Stock -- 3 Descriptive Statistics and General Characteristics of the Stock Market -- 4 Market Efficiency Models and Tests -- 5 Stock Valuation Models -- 6 Models for Rational Speculative Bubbles -- 7 Models for Anomalies Studies -- 8 Volatility Models -- 9 Summary and Conclusions -- Appendix 1 Structure of Financial Institutions in Thailand -- Appendix 2 Market Efficiency and ARIMA Test Results -- Appendix 3 Regression Test Results -- List of Figures -- List of Tables -- List of Appendices -- About the Authors. 
520 |a 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 simple multivariate regression, multi-factor model, exponential smoothing, Holt Winter’s models, and GARCH type models. The findings of the existence of rational bubbles, anomalies, volatility and other characteristics reveal evidence of inefficiency in the Thai stock market. Based on these results, the book includes justifications for public policies in such economies and makes suggestions for further research areas. 
650 0 |a Finance. 
650 0 |a Econometrics. 
650 0 |a Development economics. 
650 1 4 |a Finance. 
650 2 4 |a Finance, general. 
650 2 4 |a Econometrics. 
650 2 4 |a Development Economics. 
700 1 |a Watanapalachaikul, Sethapong.  |e author. 
710 2 |a SpringerLink (Online service) 
773 0 |t Springer eBooks 
776 0 8 |i Printed edition:  |z 9783790815511 
830 0 |a Contributions to Economics,  |x 1431-1933 
856 4 0 |u http://dx.doi.org/10.1007/978-3-7908-2666-1  |z Full Text via HEAL-Link 
912 |a ZDB-2-SBE 
950 |a Business and Economics (Springer-11643)