Zobrazeno 1 - 5
of 5
pro vyhledávání: '"Vivekanand Nawosah"'
Autor:
Vivekanand Nawosah, George Bulkley
Publikováno v:
Journal of Financial and Quantitative Analysis. 44:777-794
It has been hypothesized that momentum might be rationally explained as a consequence of the cross-sectional variation of unconditional expected returns. Stocks with relatively high unconditional expected returns will on average outperform in both th
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::8ea3335705a7d91fb10948887725daf6
https://doi.org/10.1017/s0022109009990111
https://doi.org/10.1017/s0022109009990111
Publikováno v:
Bulkley, I G, Harris, R D F & Nawosah, V 2015, ' Can behavioral biases explain the rejections of the expectation hypothesis of the term structure of interest rates? ', Journal of Banking and Finance, vol. 58, pp. 179-193 . https://doi.org/10.1016/j.jbankfin.2015.03.018
We test whether the rejections of the expectations hypothesis can be explained by two behavioral biases: the law of small numbers and conservatism. We use the term structure to decompose excess bond returns into components related to expectation erro
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::247fcef98ba5f168e3b6aebf345eb1b1
https://research-information.bris.ac.uk/ws/files/75922518/JBF_accepted_draft_Behavioural_Bonds_version05o_ACCEPTED.pdf
https://research-information.bris.ac.uk/ws/files/75922518/JBF_accepted_draft_Behavioural_Bonds_version05o_ACCEPTED.pdf
Publikováno v:
SSRN Electronic Journal.
We address the problem of optimal form and timing of FDI subsidy, and the impact of competition on these. We find that the optimal subsidy must include an element of discouragement against delaying the timing of the investment for the firm to prevent
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::4aec814bfbdabbc536f6abb283cd779d
https://doi.org/10.2139/ssrn.2423102
https://doi.org/10.2139/ssrn.2423102
Publikováno v:
SSRN Electronic Journal.
We report that excess returns in the bond market exhibit the same features of short-term momentum and long-term reversals that are observed in the equity market. We test whether these findings can be accounted for within a behavioral framework using
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::343f8a801e1d1e389839025a0d360f0f
https://doi.org/10.2139/ssrn.1961121
https://doi.org/10.2139/ssrn.1961121
Publikováno v:
University of Bristol-PURE
The expectations hypothesis of the term structure has been decisively rejected by a large empirical literature that spans several decades. In this paper, using a newly constructed dataset of synthetic zero coupon bond yields, we show that evidence ag
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::6d850d87aa2c339e3b1395c8c8f1222c
https://research-information.bris.ac.uk/en/publications/32f7049f-594e-4592-a5d3-682abe794458
https://research-information.bris.ac.uk/en/publications/32f7049f-594e-4592-a5d3-682abe794458