'Perfect markets' presentation slideshows

665 views • 64 slides

The Garch model and their Applications to the VaR

The Garch model and their Applications to the VaR. Ricardo A. Tagliafichi. The presence of the volatility in the assets returns. Selection of a Portfolio with models as CAPM or APT. The estimation of V alue a t R isk of a Portfolio. The estimations of derivatives primes.

1.37k views • 50 slides

Efficient Capital Markets

Efficient Capital Markets Efficient Capital Markets Questions to be answered: Definition for efficient capital markets Why should capital markets be efficient? Three sub-hypotheses of efficient capital market and implications for investment if efficiency is violated

1.07k views • 50 slides

The Capital Asset Pricing Model

748 views • 37 slides

Market Imperfections and Catastrophe Insurance: Building the Case for Government Intervention

Market Imperfections and Catastrophe Insurance: Building the Case for Government Intervention. Kenneth A. Froot Harvard University. Insurance Risk Sharing. Purpose of insurance is to share risk How good is the sharing of pervasive event risks?

461 views • 29 slides

Monetary Policy in a Multipolar World

Monetary Policy in a Multipolar World. J. E. Stiglitz Washington, DC October 8 , 2013. Motivation. Monetary policy by one large country can have affects on other countries Other countries are likely to respond Key questions: H ow to think about the resulting global equilibrium?

357 views • 29 slides

Intermediate Microeconomic Theory

Intermediate Microeconomic Theory. Externalities. Markets and Efficiency. We have seen that markets can provide an efficient mechanism for allocating scarce resources. However, this result only holds when markets are perfect. (i) Tax revenue raised via lump-sum taxes,

423 views • 25 slides

Advanced Accounting

Advanced Accounting . Week 2 lecture Measurement issues in Accounting Rankin Ch 4 Reading 1: Whittington . Lecture Overview. Revise: what is decision usefulness? What are the measurement issues facing accountants? We examine some examples.

2.33k views • 24 slides

MANAGERIAL ECONOMICS An Analysis of Business Issues

MANAGERIAL ECONOMICS An Analysis of Business Issues. Howard Davies and Pun-Lee Lam Published by FT Prentice Hall. Chapter 10: Models of Market Structure . Objectives: To explain the formal models of market structure used in economic analysis .

775 views • 20 slides

The Changing Face of eCommerce

The Changing Face of eCommerce. Ling Chen lingchensh@126.com. Overview. A Brief Introduction A Definition of eCommerce The Beginnings 1 st Generation of eCommerce Dot Coms 2 nd Generation of eCommerce Main Stream eBusiness The Future of eCommerce. An Early Definition Of eCommerce.

527 views • 19 slides

Chapter 12: Capital Structure Theory and Taxes

Chapter 12: Capital Structure Theory and Taxes. Corporate Finance , 3e Graham, Smart, and Megginson. Capital Structure. The term capital structure refers to the mix of debt and equity securities that a firm uses to finance its activities. Financial Leverage.

763 views • 17 slides

Valuing innovation: HTA practice and the impact for future medicines

162 views • 16 slides

83 views • 8 slides