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

• Main Authors: Islam, Sardar M. N. (Author), Watanapalachaikul, Sethapong (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Heidelberg : Physica-Verlag HD : Imprint: Physica, 2005.
• Series: Contributions to Economics,
• Subjects: Finance.; Econometrics.; Development economics.; Finance, general.; Development Economics.

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...

Table of Contents:

• 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.