Asset price dynamics and optimal prospects
Asset Price Dynamics and Reputation
... the price evolves to incorporate such private ...the price should converge to the true liquidation ...the price is close to the liquidation ...the price becomes more ...the price has ...
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Optimal Monetary Policy and Asset Price Misalignments
... argues, price stability has not been achieved at the expense of the real economy, as unemployment has been decreasing in a number of countries, while growth has also been relatively ...of price stability ...
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Asset Price and Wealth Dynamics Under Heterogeneous Expectations
... standard asset price dynamics model assumed in continuous time finance in that the asset price is fluctuating around a geometrically growing ...the price dynamics with ...
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Real indeterminacy and dynamics of asset price bubbles in general equilibrium
... that asset prices, in some cases, can be recursively computed, and hence the sequence of prices will be computed as a function of the initial ...equilibrium price at the initial date if it is low enough so ...
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Correlated liquidity shocks, financial contagion and asset price dynamics
... of asset i remain ...of asset i increased (decreased), then the price of the asset will increase (de- crease), and in particular, through the additional positive (negative) demand of program ...
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The increased importance of asset price misalignments for business cycle dynamics
... of Asset Price Misalignments for Business Cycle Dynamics 1 Mikael Bask 2 and João Madeira 3 We outline a dynamic stochastic general equilibrium (DSGE) model with trend extrapo- lation in asset ...
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Asset Price Dynamics with Local Interactions under Heterogeneous Beliefs
... the price falls to the fundamental level, while the lowest concentration of fundamentalists corresponds to the highest deviation from the fundamental value of the ...fundamental price and frequent ...
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Sensitivity Analysis for Averaged Asset Price Dynamics with Gamma Processes
... The main purpose of this paper is to derive unbiased Monte Carlo estimators of various sen- sitivity indices for an averaged asset price dynamics governed by the gamma L´evy process. The key idea is ...
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Asset Price Dynamics When Traders Care About Reputation
... the price evolves to incorporate such private ...the price should converge to the true liquidation ...the price is close to the liquidation ...the price becomes more ...the price has ...
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Two Trees: Asset Price Dynamics Induced by Market Clearing
... complex asset market ...setup, price-dividend ratios, expected returns, and return variances vary through ...by price-dividend ratios in the time series and in the cross section, roughly matching ...
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Optimal Exchange Rate Policy: The Influence of Price Setting and Asset Markets
... We consider the following models for pricing:.. 1) Producer-currency pricing (PCP). Under this model, the Mexican firm sets prices in peso terms for sale to both Mexican and American c[r] ...
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Technology Shocks and Asset Price Dynamics: The Role of Housing in General Equilibrium
... Land supply is assumed to be iso-elastic: T t = r t ; t = 1; 2; where is the price elasticity of supply. = 0 represents a perfectly inelastic land supply at one and = 1 represents perfectly elastic land supply. By ...
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Asset price dynamics with small world interactions under hetereogeneous beliefs
... the asset price ...the price dynamics become reminiscent to the ...the dynamics lacks some typical features of the real financial ...
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Corporate Investment and Asset Price Dynamics: Implications for the Cross Section of Returns
... of asset prices but the explanatory power of the parameters is an empirical question that requires a richer model to ...variable dynamics, eventually one large firm would dominate the ...
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The dynamics of international asset price linkages and their effects on German stock and bond markets
... international asset price linkages more reliably, an econometric modelling technique should be applied which takes into account the specific time-series properties of short-run asset returns (and ...
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Asset Price Dynamics in a Financial Market with Heterogeneous Trading Strategies and Time Delays
... the price goes to infinity, because technical trading drives the price away from the ...the price to the fundamental value, but prices are subject to large oscillations induced by technical ...the ...
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Asset Price Dynamics in a Financial Market with Heterogeneous Trading Strategies and Time Delays
... expected price adjustment of fun- ...the price tends to stay close to the fun- ...the dynamics show a cyclical behavior after a transient chaotic ...the dynamics eventually are as the reaction ...
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Asset price dynamics in a financial market with heterogeneous trading strategies and time delays
... the price to the fundamental value, but prices are subject to large oscillations induced by technical ...the price toward the fundamental ...the asset, determining in this way an increase in their ...
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Asset Price Fluctuation and Price Indices
... incorporating asset price information into an inflation measure by extending the static price index concept into a dynamic ...of asset prices as an information variable for mone- tary policy ...
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Lévy processes induced by Dirichlet (B-) splines: modelling multivariate asset price dynamics
... Many real life financial applications require modelling the joint dynamics of multiple, possibly dependent asset price processes. A typical example would be the necessity to model the joint movement ...
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