Now showing items 1-6 of 6
Duration dependence test of rational speculative bubbles: a case study of the Hong Kong stock market
(Business Perspectives, 2012)
This study tests the presence of rational speculative bubbles in the Hong Kong stock market over a sample period from 1993-2008 using the duration dependence test. The duration dependence test shows no evidence of duration ...
Impact of hedging pressure on implied volatility in Financial Times and London Stock Exchange (FTSE) market
(Institute for Business and Finance Research, LLC, 2009)
This paper examines the impact of net buying pressure and the event of 9/11 on the implied volatility of the U.K. FTSE 100 (Financial Times and the London Stock Exchange) index options. Our findings indicate that when ...
The effects of short-term interest rates on output, price and exchange rates: recent evidence from China
(Institute for Business and Finance Research, LLC, 2010)
This paper utilizes VAR techniques to examine the relationship between a policy related variable and selected macro-variables in China. Johansen’s cointegration tests fail to find a moving equilibrium among the related ...
Determinants of share returns following repurchase announcements in China
(LLC “CPC “Business Perspectives”, 2017-06-06)
By combining the market model with the three-factor model, this study investigates firms’ share returns after the announcement of share repurchase. Employing data for China’s A-share market, this study’s sample utilizes ...
The impacts of the Thailand-Australia Free Trade Agreement and Thailand-New Zealand Closer Economic Partnership on Thai Dairy Import Prices
(Asian Development Bank, 2014-10)
This study investigates the impacts of the Thailand–Australia Free Trade Agreement and Thailand–New Zealand Closer Economic Partnership on Thailand’s dairy import prices. The study employs an import price model to examine ...
Equity financing and debt-based financing: Evidence from Islamic microfinance institutions in Indonesia
(Elsevier BV, 2017-09-23)
This paper investigates the impact of Islamic microfinance on rural households' welfare in Indonesia. Using a survey questionnaire, this study explores two group of financing in Islamic microfinance, equity and debt-based ...