Modeling of stock returns in continuous vis-à-vis discrete time is equivalent, respectively, to the conditioning of stock returns on a random walk process for trade imbalances vis-à-vis a random walk process for evolution of information
Oghenovo A. Obrimah, Wing-Keung Wong
| Year of publication: |
2022
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| Authors: | Obrimah, Oghenovo Adewale ; Wong, Wing Keung |
| Published in: |
Annals of financial economics. - Hackensack, NJ [u.a.] : World Scientific, ISSN 2010-4960, ZDB-ID 2515861-2. - Vol. 17.2022, 2, Art.-No. 2250010, p. 1-35
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| Subject: | Connectedness | general equilibrium | lotteries | mechanism design | rational expectations | stock prices | Börsenkurs | Share price | Theorie | Theory | Random Walk | Random walk | Kapitaleinkommen | Capital income | Rationale Erwartung | Rational expectations | Allgemeines Gleichgewicht | General equilibrium | CAPM |
| Type of publication: | Article |
|---|---|
| Type of publication (narrower categories): | Aufsatz in Zeitschrift ; Article in journal |
| Language: | English |
| Other identifiers: | 10.1142/S2010495222500105 [DOI] |
| Classification: | G17 - Financial Forecasting ; D53 - Financial Markets ; C02 - Mathematical Methods |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10013262988