Search Results - subject:"STOCK PRICES"

Did you mean: subject:"STOCK price" (54,086 results)

Brooks, Robin; Sløk, Torsten; Kumar, Manmohan S.; … - International Monetary Fund (IMF) - 2001

This paper explores the ability of portfolio and foreign direct investment flows to track movements in the euro and the yen against the dollar. Net portfolio flows from the euro area into U.S. stocks—possibly reflecting differences in expected productivity growth—track movements in the euro...

Persistent link: https://www.econbiz.de/10005605014

What Drives Contagion; Trade Neighborhood, or Financial Links?

Valdés, Rodrigo O.; Hernández, Leonardo - International Monetary Fund (IMF) - 2001

This paper presents evidence on the relative importance of alternative contagion channels during the Thai, Russian, and Brazilian crises. Results show that when crises are measured by changes in sovereign bond spreads, financial competition seems to explain almost all contagion episodes....

Persistent link: https://www.econbiz.de/10005605301

From Crisis to Recovery in Korea; Strategy, Achievements, and Lessons

Kang, Kenneth; Liang, Hong; Ma, Henry; Richards, Anthony J. - International Monetary Fund (IMF) - 2001

This paper reviews and draws lessons from the stabilization and reform program that Korea implemented in response to the 1997-98 crisis. The economy recovered quickly from the deep recession in 1998 and its vulnerability to a balance of payments crisis has been reduced sharply. Significant...

Persistent link: https://www.econbiz.de/10005825786

Stock Market Liberalizations; Financial and Macroeconomic Implications

Funke, Norbert; Fuchs-Schündeln, Nicola - International Monetary Fund (IMF) - 2001

Using a panel of 27 countries, we analyze the effects of stock market liberalization on financial and macroeconomic development. We find that liberalization is associated with a short-term increase in real private investment growth of about 14 percentage points cumulatively in the four years...

Persistent link: https://www.econbiz.de/10005826177

The Equilibrium Distributions of Value for Risky Stocks and Bonds

Johannes, Ron - International Monetary Fund (IMF) - 2001

Within a unified theory for stocks and corporate bonds, based on dynamic optimization by investors, this paper derives analytical expressions for the momentary distributions of expected price, respectively known to approximate lognormal with systematic deviations (high peak, fat tail) and double...

Persistent link: https://www.econbiz.de/10005826363

Determining underlying macroeconomic fundamentals during emerging market crises: Are conditions as bad as they seem?

Aguiar, Mark; Broner, Fernando - Department of Economics and Business, Universitat … - 2001

” fundamentals, constructed by studying the relative movements of stock prices during crises. We find that these effective …

Persistent link: https://www.econbiz.de/10005707990

Who benefits from a bull market? an analysis of employee stock option grants and stock prices

Liang, Nellie; Weisbenner, Scott - Federal Reserve Board (Board of Governors of the … - 2001

positive relationship between firms' stock prices and the value of new option grants. We find substantial sensitivities for … executives, the sensitivities for employees below the senior management levels do not differ by whether firm stock prices have … risen or fallen. The greater sensitivity of option grant values to stock prices for employees below the top ranks is …

Persistent link: https://www.econbiz.de/10005720979

Explaining stock price movements: is there a case for fundamentals?

Balke, Nathan S.; Wohar, Mark E. - In: Economic and Financial Policy Review (2001) Q III, pp. 22-34

made a major contribution to the run-up in stock prices. Even if market fundamentals were responsible for the increase in … stock prices during the 1990s, we should not necessarily expect future stock returns to be as high as the returns seen in …

Persistent link: https://www.econbiz.de/10005726409

The stock market: what a difference a year makes

Kwan, Simon - In: FRBSF Economic Letter (2001)

Persistent link: https://www.econbiz.de/10005346435

Risk-adjusted, ex ante, optimal technical trading rules in equity markets

Neely, Christopher J. - Federal Reserve Bank of St. Louis - 2001

Allen and Karjalainen (1999) used genetic programming to develop optimal ex ante trading rules for the S&P 500 index. They found no evidence that the returns to these rules were higher than buy-and-hold returns but some evidence that the rules had predictive ability. This comment investigates...

Persistent link: https://www.econbiz.de/10005353017