Tracked shipping to South Africa with premium packaging for just R199 

Ship to
South Africa
0

My Account

  • argentina
  • chile
  • colombia
  • españa
  • méxico
  • perú
  • estados unidos
  • internacional

menu

Select your country

Americas

Europe

Rest of the world

portada Excess Volatility in the Term Structure of Interest Rates, in Share Prices and in Eurozone Derivatives (Bestmasters)
Type
Physical Book
Publisher
Author
Language
English
Pages
77
Format
Paperback
ISBN13
9783658374495
Edition No.
1

Excess Volatility in the Term Structure of Interest Rates, in Share Prices and in Eurozone Derivatives (Bestmasters)

Amia Santini (Author) · Springer Gabler · Paperback

Excess Volatility in the Term Structure of Interest Rates, in Share Prices and in Eurozone Derivatives (Bestmasters) - Amia Santini

Cheaper New Book Imported to South Africa
Delivery: 20 Aug - 03 Sep Shipping: 12 to 16 business days.
R 1,642
Faster New Book Imported to South Africa
Delivery: 10 Aug - 18 Aug Shipping: 4 to 5 business days.
R 2,053
R 1,642

Choose the list to add your product or create one New List

Go to My Wishlists
Calculate shipping cost

Synopsis "Excess Volatility in the Term Structure of Interest Rates, in Share Prices and in Eurozone Derivatives (Bestmasters)"

The phenomenon of excess volatility in the context of share prices and of the term structure of interest rates has been documented by the existing literature, highlighting the limitations of traditional models of rational expectations and of reliance on the efficient market hypothesis. The data violates the bounds on volatility that are derived from them. Amia Santini studies the possible shortcomings of the methodologies used to uncover those inconsistencies, and the potential explanations of the observed phenomenon that can be considered in line with the rational expectation framework. She focuses on a relatively newer field of study: derivative instruments. Previous results of excess volatility, recovered with a worldwide focus, are presented and an empirical analysis is performed to assess whether a similar outcome would be obtained in the Eurozone market. The exploration of financial information that falls underneath the risk-neutral measure, such as derivative prices, reduces theimportance of time-varying discount rates as a potential explanation of excess volatility. In fact, the martingale measure already incorporates all potential variation in risk premia, which is the main driver of changes in discount rates. This opens the door to different and innovative prospects, and specific attention is paid to a new model for investor behaviour, that of natural expectations.

Customers reviews

More customer reviews
  • 0% (0)
  • 0% (0)
  • 0% (0)
  • 0% (0)
  • 0% (0)

Frequently Asked Questions about the Book

Is the book original?

All books in our catalog are Original.

In what language is the book written?

The book is written in English.

What is the format of this book?

The binding of this edition is Paperback.

Questions and Answers about the Book

Do you have a question about the book? Login to be able to add your own question.

Opinions about Bookdelivery

More customer reviews