Bank and Financial Market Efficiency
Global Perspectives
Will be published approx. on 16. April 2004
Book
Hardback
280 pages
978-0-7623-1099-9 (ISBN)
Description
The papers in this volume empirically examine three evolving and important topics in financial economics: the determinants of monetary and bank efficiency and the key factors that contribute to successful monetary and banking operations; the institutional factors that enhance or detract from the efficient manner in which financial markets work; and the macro, micro, and social factors that impact stock valuation and optimum portfolio selection.
Reviews / Votes
Thirteen papers investigate the determinants of monetary and bank efficiency and the factors that contribute to successful monetary and banking operations, explore the institutional factors affecting market efficiency, and provide insights into stock valuation and optimum portfolio selection. Journal of Economic Literature, 2004.More details
Series
Language
English
Place of publication
United States
Publishing group
Emerald Publishing Limited
Target group
Professional and scholarly
Dimensions
Height: 240 mm
Width: 161 mm
Thickness: 20 mm
Weight
587 gr
ISBN-13
978-0-7623-1099-9 (9780762310999)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Content
1. Monetary collapse during the great depression: Did the stock of money fall, or was it pushed? (P. Evans). 2. Information and International Spread of Banking Panics (V. Vaughan). 3. Bank failures in banking panics: Risky banks or road kill? (G.P. Dwyer Jr., R.W. Hafer). 4. Ownership structure, operating inefficiency and regulatory reform: An analysis of U.S. thrifts (F. Cebenoyan, A.S. Cebenoyan, E.S. Cooperman, C.A. Register). 5. Management of earnings: Evidence from the Indian banks (A. Anandarajan, D. Hossain). 6. Loan repayment in the Grameen Bank: The importance of gender and opportunity cost (F. Ameen). 7. Bancassurance and the future of banking (M. Nurullah). 8. State of informational efficiency of the South African equity market during the Apartheid, transition and the Post-Apartheid periods (T. Hasan, W. Karim). 9. Bank mergers in South Korea: Does government intervention add value? (S. Choi, J.P. Murtagh). 10. Stock market and economic forces during liberalization: Korean experience (G. Goswami, S.-C. Jung, S.Y. Chung). 11. Bidder gains: The under valuation hypothesis (M. Raj). 12. Replicating patterns in autocorrelated financial time series (R. Gorener, O. Demirel, J.R. Norsworthy). 13. Foreign portfolio investments and stock prices: An application to an emerging market (H. Kiymaz, U. Urganci).