Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 2 of 2
Full-Text Articles in Economics
Examining The Low Volatility Anomaly In Stock Prices, Munish Malhotra
Examining The Low Volatility Anomaly In Stock Prices, Munish Malhotra
Electronic Theses and Dissertations
Modern portfolio theory states that investments with greater beta, a common measure of risk, require greater returns from investors in order to compensate them for taking greater risk. Therefore, under the premise that market participants act rationally and therefore markets run efficiently, investments with higher beta should generate higher returns vis-à-vis investments with lower beta over the long run. In fact, many studies suggest that investments with lower beta actually generate equal to or higher returns relative to investments with higher beta. In looking at data for the S&P 500 going back 22 years between 1990 and 2012, this study …
The Role Of Private International Financial Capital Flows In Support Of Development For Emerging Market Countries, Jason Victor Reuter
The Role Of Private International Financial Capital Flows In Support Of Development For Emerging Market Countries, Jason Victor Reuter
Electronic Theses and Dissertations
Economic growth and development are critical issues for emerging market economies as they seek increase their standards of living. Financial globalization, innovation and international financial capital flows are prominent factors influencing macroeconomic stability and the pace of growth and development around the globe. This dynamic has become even more pronounced since the Asian Financial Crisis at the end of the 1990s and the Global Financial Crisis starting in 2008. In the wake of these two global economic events, the need for reflection on the drivers of growth and development as well as impediments to these activities is warranted. This thesis …