Financial markets : recent developments, emerging practices and future prospects / Mohsen Bahmani-Oskooee and Sahar Bahmani, editors.

Format:

Book

Contributor:

Bahmani-Oskooee, Mohsen.

Bahmani, Sahar.

Series:

Financial Institutions and Services

Financial institutions and services

Language:

English

Subjects (All):

Economic development.

Monetary policy.

Investments.

Income distribution.

Physical Description:

1 online resource (213 p.)

Place of Publication:

Hauppauge, New York : Nova Science Publishers, [2014]

Language Note:

English

Summary:

Financial markets are said to be an important source in providing capital to other sectors in every economy. Their establishment, operation, development, and practices have important implications in the development process of every country. There are also challenges that every country must deal with, such as institutional rigidities in some countries that could curtail financial development and introduce severe challenges. Dealing with the challenges and introducing new practices to smooth out the operation of the financial markets is an important goal. This book focuses on some of the issues

Contents:

""FINANCIAL MARKETS RECENT DEVELOPMENTS, EMERGING PRACTICES AND FUTURE PROSPECTS""; ""FINANCIAL MARKETS RECENT DEVELOPMENTS, EMERGING PRACTICES AND FUTURE PROSPECTS""; ""Library of Congress Cataloging-in-Publication Data""; ""Contents""; ""Preface""; ""Chapter 1 Does Financial Development Improve or Worsen Income Distribution?""; ""Abstract""; ""I. Introduction""; ""II. The Model""; ""III. The Results""; ""Conclusion""; ""Appendix""; ""Data Definition and Sources""; ""Variables""; ""References""

""Chapter 2 Optimized Uptrend and Downtrend Pattern Templates for Financial Markets Trading Based on a GA Kernel""""Abstract""; ""Introduction""; ""Pattern Recognition Background""; ""Adopted Template Based Strategy""; ""Template-Based Methodology""; ""Template Matrix""; ""Data Acquisition""; ""Data Matrix""; ""Fitness""; ""Outlier Removal""; ""Method I: Noise Reduction""; ""Method II: Outlier Removal with Linear Trend""; ""Method III Outlier Removal with Polynomial Trend""; ""Volatility""; ""Optimization Methodology""; ""Optimization Methodology Overview""; ""Optimization Parameters""

""Optimization Kernel""""Results""; ""Case Study I. Uptrend Detection""; ""Case Study II. Uptrend and Downtrend""; ""Case Study III: Outlier Removal""; ""Case Study IV: Volatility""; ""Conclusion""; ""References""; ""Chapter 3 Is There a Gain in Combining Low Risk and Fundamental Investment Objectives in Portfolio Allocation?""; ""Abstract""; ""1. Introduction""; ""2. Literature Review and Hypotheses Development""; ""2.1. Fundamental Investing""; ""2.2. Low-Risk Investing""; ""2.3. Combining Fundamental and Low-Risk Investing""; ""3. Data and Methodology""; ""3.1. Data""

""3.2. Portfolio Construction""""3.2.1. Construction of Fundamental Portfolios""; ""3.2.2. Construction of Low Risk Portfolios""; ""3.2.3. Construction of Multi-Style Portfolios""; ""3.3. Turnover Analysis""; ""3.4. Multi-Factor Analysis""; ""4. Results Single-Style Portfolios""; ""5. Results on Combining Low-Risk and Fundamental Investing Styles""; ""5.1. Portfolio Characteristics""; ""5.2. Multi-Factor Analysis""; ""5.3. Turnover Analysis""; ""Conclusion""; ""Acknowledgments""; ""References""; ""Chapter 4 Using Alternative Investments in a Multi-Asset Portfolio""; ""Abstract""

""Introduction""""Alternatives�A Definition for the Retail Investor""; ""The Use of Alternatives by Retail Investors and Wealth Management Clients""; ""Retail Investor Test�Data and Methodology""; ""Traditional Long-Only Funds""; ""Alternative Investment Categories""; ""Results: March 2007�September 2012""; ""Portfolio Results�Adding One Alternative Investment at the 30% Level, March 2007-September 2012""; ""Portfolio Results�Adding One Alternative Investment at the 30% Level, Credit Crisis�October 2007-September 2009""; ""Final Comments on the Retail Investor Test""

""Institutional Alternatives�Private Equity, Real Estate, and Hedge Funds�A Brief Description""

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on online resource; title from PDF title page (ebrary, viewed December 16, 2013).

ISBN:

1-62948-434-2

OCLC:

864139622