The on-going debate over the influence of investor demand on spot commodity prices largely attempts to assess this influence by measuring the growth in investor demand in recent years. Given the serious data problems that ...

We show that the introduction of a large asset permanently affects the prices of existing assets in a market. Using data from 254 initial public offerings (IPOs) in 22 emerging markets, we find that portfolios that covary ...

This thesis analyses the juridical relationship between individual investor and securities trade companies in order to acquire and sell stocks in Stock Exchange. By this way, it aims to identify the type of liability that ...

Studying foreign flows and the liquidity of six Asian markets and the Johannesburg Stock Exchange, we provide evidence of two contrary effects of foreigners on liquidity. On the one hand, foreign trade has a negative but ...

Este estudo teve por objetivo mensurar a demanda por proteção intertemporal por ações e títulos longos de renda fixa, no Brasil e nos EUA. Seguindo o arcabouço da teoria de escolha dinâmica de carteiras de Merton (1969, ...

The The Ecuadorian Stock Market has currently undergone several transformations that generate instability among investors and traders; Among the important aspects that are directly related is the movement of the stock price ...

Em geral, investidores do mercado de capitais tendem a exigir os mais elevados padrões de governança corporativa em seus investimentos, como forma de salvaguarda para seus interesses financeiros. Companhias com melhores ...

Asset prices in emerging markets rallied to record highs in the first quarter of 2006, with bonds and equities posting strong performances on top of already remarkable 2005 gains. Spreads on dollar-denominated bonds issued ...