Empirical Research on the German Capital Market

This collection of fifteen original articles results from a cooperative intensive program of research on the German capital market. The program objectives included the development of expertise in modern empirical methods in financial economics and the derivation of results that might be specific to...

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Bibliographic Details
Other Authors: Bühler, Wolfgang (Editor), Hax, Herbert (Editor), Schmidt, Reinhart (Editor)
Format: eBook
Language:English
Published: Heidelberg Physica 1999, 1999
Edition:1st ed. 1999
Series:Contributions to Management Science
Subjects:
Online Access:
Collection: Springer Book Archives -2004 - Collection details see MPG.ReNa
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100 1 |a Bühler, Wolfgang  |e [editor] 
245 0 0 |a Empirical Research on the German Capital Market  |h Elektronische Ressource  |c edited by Wolfgang Bühler, Herbert Hax, Reinhart Schmidt 
250 |a 1st ed. 1999 
260 |a Heidelberg  |b Physica  |c 1999, 1999 
300 |a VIII, 324 p. 15 illus  |b online resource 
505 0 |a A Market Structure and Organization -- Market Design, Trading Behavior and Price Discovery - An Experimental Stock Market Model -- Designing an Experimental Stock Market -- Private Investor Behavior in Germany: An Empirical Survey and Experimental Results -- Market Structure and Bid-Ask Spread -- Statutory Induced Switching into a New Market -- B Information and Capital Market -- Financial Market Indicators and Real Capital Investment in Germany -- Financial Reporting and the Stock Market in Germany -- C Risk and Return -- An Investigation into the Number of Factors Generating German Stock Returns -- The German Equity Market: Risk, Return, and Liquidity -- Estimation and Prediction of Systematic Risk with Market-Based and Accounting-Based Data for German Shares -- Measuring Portfolio Performance and the Empirical Content of the APT -- D Futures and Options -- Analysis of the Call Policy of Bund, Bahn, and Post in the German Bond Market -- Time-lags between Price Changes of Stocks and Stock Options -- The Dax Futures Market and Dividends -- Impact of Stock Price Jumps on Option Values 
653 |a Finance 
653 |a Financial Economics 
653 |a International Economics 
653 |a International economic relations 
700 1 |a Hax, Herbert  |e [editor] 
700 1 |a Schmidt, Reinhart  |e [editor] 
041 0 7 |a eng  |2 ISO 639-2 
989 |b SBA  |a Springer Book Archives -2004 
490 0 |a Contributions to Management Science 
028 5 0 |a 10.1007/978-3-642-58664-4 
856 4 0 |u https://doi.org/10.1007/978-3-642-58664-4?nosfx=y  |x Verlag  |3 Volltext 
082 0 |a 337 
520 |a This collection of fifteen original articles results from a cooperative intensive program of research on the German capital market. The program objectives included the development of expertise in modern empirical methods in financial economics and the derivation of results that might be specific to the German capital market. The four parts of the book are dedicated to: - problems of market structure and organization - information and capital market - risk and return - futures and options Altogether, the book gives an overview of empirical research on capital markets in Germany and helps to understand their nature. It also shows the application of modern techniques in financial research