Showing 1 - 10 of 39
Persistent link: https://www.econbiz.de/10011760981
Persistent link: https://www.econbiz.de/10011590263
Persistent link: https://www.econbiz.de/10012239291
Persistent link: https://www.econbiz.de/10012114534
Persistent link: https://www.econbiz.de/10012155548
Persistent link: https://www.econbiz.de/10012609253
Persistent link: https://www.econbiz.de/10012656589
Tests are made of the stochastic long memory in the Greek stock market, an emerging capital market. The fractional differencing parameter is estimated using the spectral regression method. Contrary to findings for major capital markets, significant and robust evidence of positive long-term...
Persistent link: https://www.econbiz.de/10009206678
This paper investigates the existence of a deterministic nonlinear structure in the stock returns of the Athens Stock Exchange (Greece), an emerging capital market. The analysis utilizes the concepts of correlation dimension and Kolmogorov entropy, and it also includes a forecasting experiment....
Persistent link: https://www.econbiz.de/10009206808
We incorporate managerial risk aversion and stochasticity of takeover synergy gains into Harris' (Harris, E.G. 1990. Antitakeover measures, golden parachutes, and target firm shareholder welfare. Rand Journal of Economics 21, no. 4: 614-25. bargaining model for the coexistence of antitakeover...
Persistent link: https://www.econbiz.de/10005438021