Gaston Michel investigates whether shocks to real estate markets constitute an important source of the risk that is … priced in the cross section of equity returns. His results document that real estate risk explains a large part of the cross … pricing story: higher asset returns must be associated with lower prices and higher risk exposure. In particular, he …

The current financial crisis started from the US real estate market and after, though the increase of risk premium …

China could become the next bubble. Each chapter discusses how the respective crisis or bubble unfolded at the time, the way … to Hide -- 11. China’s Economic Miracle: Is It the Next Bubble? -- 12. Conclusion: Guidelines for Investing During Crises …

perspective. Current market conditions and systemic issues pose a risk to financial stability and sustained market access for … Banking and Finance Practices: A Comparative Study -- Chapter 28. Determinants of the Credit Risk in Developing Countries … after Economic Crisis: A Case of Turkish Banking Sector -- Chapter 29. Credit Risk Evaluation of Turkish Households …

-- The Credit Market and Economic Activity: Theories on Credit Market, Credit Risk and Economic Activity -- Empirical Tests … -- Exchange Rate Shocks, Financial Crisis and Output Loss -- International Portfolio and the Diversification of Risk … such as the term structure of interest rates, credit derivatives and credit risk, domestic and international portfolio …

Regulation -- Pension Plans -- The Valuation of Common Stocks -- Internal Feedback and Endogenous Risk -- When the Bubble Pops …

This book is a guide to asset and risk management from a practical point of view. It is centered around two questions … they should not? - How do investors deal with such crises in terms of their risk measurement and management and, as a … market anomalies and historical crashes. It is intended to serve as a comprehensive introduction to asset and risk management …