Download or read book Econometric Analysis of Intra daily Trading Activity on Tokyo Stock Exchange written by Luc Bauwens and published by . This book was released on 2005 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monetary and Economic Studies written by and published by . This book was released on 2006 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bank of Japan Monetary and Economic Studies written by and published by . This book was released on 2006 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Reform and Price Discovery at the Tokyo Stock Exchange From 1990 to 2012 written by K. Kubota and published by Springer. This book was released on 2015-04-30 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last two decades the Tokyo Stock Exchange implemented several important reforms in regulations, market trading mechanisms, and IT trading systems. In this book we analyze the impact of the evolution of the Tokyo Stock Exchange (TSE), at the same time discussing reforms in stock trading by related accounting standards and legal regulations. With daily stock return and market microstructure data, we analyze how these reforms have significantly influenced the pricing structure and price discovery process of traded stocks, as well as the trading style of institutional investors, individual investors, and high frequency traders. The research methodology we employ is primarily standard market microstructure tests as well as methods used in conventional empirical financial economics. We simultaneously use the most relevant concepts in these fields for our empirical tests and provide a comprehensive picture of trading, price discovery, pricing structure, and public vs. private information dissemination.
Download or read book Japanese Financial Market Research written by W. T. Ziemba and published by North Holland. This book was released on 1991 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: A compilation of recent research on various aspects of Japanese financial markets is presented in this volume. The papers discuss the economy, land and stock markets, the behavior of stock prices, exchange rates and hedging, derivative security markets, integration of capital markets, bond and fixed income markets, and the financing of Japanese corporations. The contributions cover both new theory and empirical studies in these general areas. They also provide much institutional detail and recent historical data on these markets.
Download or read book Bibliographie Mensuelle written by United Nations Library (Geneva, Switzerland) and published by . This book was released on 2005-04 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Black Monday the Stock Market Crash of October 19 1987 written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 1988 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Reform and Price Discovery at the Tokyo Stock Exchange From 1990 to 2012 written by K. Kubota and published by Palgrave Pivot. This book was released on 2015-10-09 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book we analyze the impact of the evolution of the Tokyo Stock Exchange (TSE), at the same time discussing reforms in stock trading by related accounting standards and legal regulations.
Download or read book Journal of Economic Literature written by and published by . This book was released on 2007 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Price Change and Trading Activity Dynamics on the London Stock Exchange written by Ronald W. Masulis and published by . This book was released on 1992 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Complex Systems in Finance and Econometrics written by Robert A. Meyers and published by Springer Science & Business Media. This book was released on 2010-11-03 with total page 919 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finance, Econometrics and System Dynamics presents an overview of the concepts and tools for analyzing complex systems in a wide range of fields. The text integrates complexity with deterministic equations and concepts from real world examples, and appeals to a broad audience.
Download or read book The Efficiency of the Japanese Equity Market written by Jun Nagayasu and published by International Monetary Fund. This book was released on 2003-07 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using the ARFIMA-FIGARCH model, this paper studies the efficiency of the Japanese equity market by examining the statistical properties of the return and volatility of the Nikkei 225. It shows that both follow a long range dependence, which stands against the efficient market hypothesis (EMH). The result is valid for all sample periods, suggesting that the recent equity market reform has not produced major efficiency gains.
Download or read book Japan s Economic Challenge written by United States. Congress. Joint Economic Committee and published by . This book was released on 1990 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Information Trading and Stock Returns written by K. C. Chan and published by . This book was released on 1994 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper compares the intra-day patterns on the NYSE and AMEX of volatility, trading volume and bid-ask spreads for European dually- listed stocks, Japanese dually-listed stocks also listed in London, and Japanese dually-listed stocks not listed in London with American stocks of comparable average trading volume and volatility. It is shown that the intra-day patterns for these stocks are remarkably similar even though the public information flows differ markedly across these stocks during the trading day. In the morning, Japanese stocks have the greatest volatility and volume, followed by European stocks and American stocks. These rankings are reversed in the afternoon. We argue that these patterns are consistent with markets reacting to the overnight accumulation of public information which is greatest for Japanese stock and smallest for American stocks and inconsistent with the view that early morning volatility can be attributed to monopolistic specialist behavior.
Download or read book An Empirical Investigation of Stock Markets written by Shigeyuki Hamori and published by Springer. This book was released on 2012-10-03 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: An Empirical Investigation of Stock Markets: The CCF Approach attempts to make an empirical contribution to the literature on the movements of stock prices in major economies, i.e. Germany, Japan, the UK and the USA. Specifically, the cross-correlation function (CCF) approach is used to analyze the stock market. This volume provides some empirical evidence regarding the economic linkages among a group of different countries. Chapter 2 and Chapter 3 analyze the international linkage of stock prices among Germany, Japan, the UK and the USA. Chapter 2 applies the standard approach, whereas Chapter 3 uses the CCF approach. Chapter 4 analyzes the relationship between stock prices and exchange rates. Chapter 5 analyzes the relationship among stock prices, exchange rates, and real economic activities. Chapter 6 summarizes the main results obtained in each chapter and comments on the possible directions of future research.
Download or read book Stock Return Dynamics Over Intra day Trading and Nontrading Periods in the London Stock Market written by Ronald W. Masulis and published by . This book was released on 1992 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Japanese Foreign Exchange Market written by Beate Reszat and published by Psychology Press. This book was released on 1997 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, Japan's financial markets have seen dramatic changes. One of them is the explosive growth of currency trading and the increasing international role of the yen. Tokyo has become the third largest centre of foreign exchange trading worldwide, behind London and New York. The Japanese Foreign Exchange Market gives a comprehensive overview of this activity. It provides a comparative economic analysis of practices and risks as well as related policy issues. This work is the first non-Japanese-language title to examine the prolific rise of Japan's foreign currency market, its idiosyncracies and its future role in the global economy. It is vital reading for economists and students of Japan related subjects.
