Showing 1 - 10 of 643
Comparative analysis of the markets for land, labor, and capital in north-central Italy and the Low Countries in the late Middle Ages and the early modern period reveals that urbanization in itself was not the crucial variable in the quality and effect of developing factor markets. More...
Persistent link: https://www.econbiz.de/10011071616
This article reviews the first English edition of Prof. Jesús Huerta de Soto´s book `Dinero, Crédito Bancario y Ciclos Económicos´ which first appeared in Spain in 1998.
Persistent link: https://www.econbiz.de/10005789323
This study wanted to pinpoint the different securities transactions’ channels in France, which are quite specific compared to other countries.As a matter of fact, the Paris Bourse could not be well explained without the free market and the deposit banks'transactions. This organisation leads to...
Persistent link: https://www.econbiz.de/10005835675
Although the British Railway Mania has been described as one of the greatest bubbles in history, it has been largely neglected by academics. This paper attempts to redress this neglect by creating a daily stock price index for the 1843-50 period and by assessing the contribution of the many...
Persistent link: https://www.econbiz.de/10008543794
Historical ‘bubbles’ are often attributed to mispricing, but the empirical analysis of such episodes has been limited. This paper examines a notable but academically neglected period, known as the British Railway Mania, using a new dataset and a cross-sectional methodology which is unique to...
Persistent link: https://www.econbiz.de/10008560080
This paper investigates the diversification prospects which may be reaped when investing in a mixture of emerging and … diversification potential and therefore risk reduction. Yet, the latter may be counterbalanced by the fact that emerging markets … that emerging markets have offered diversification potential. However we also find evidence of features which make it more …
Persistent link: https://www.econbiz.de/10011189011
useful treatment to the problems of asset pricing and diversification. Hence, the new approach contained in the post …
Persistent link: https://www.econbiz.de/10011109251
diversification, volatility, liquidity and tracking error. This article examines the trade-off relationships. It also defines the …
Persistent link: https://www.econbiz.de/10011111866
then the correlations are positive implying no diversification benefits for the investors during rising oil prices. Since …
Persistent link: https://www.econbiz.de/10011114152
The ongoing economic crisis has profoundly changed the industry of the asset management, by putting risk management at the heart of most investment processes. This new risk-based investment style does not rely on returns forecasts and is therefore assumed to be more robust. In 2011, it has...
Persistent link: https://www.econbiz.de/10009654211