Table of contents
Price discovery in German stock and futures markets
John Paul Broussard, G. Geoffrey Booth, Otto LoistlCompares the trading efficiency of electronic and open outcry futures markets. Argues that the difference between the German DAX (floor) and FDAX (electronic) markets is due to…
Employee stock ownership plans (ESOPs): an international comparison and analysis
Roger W. Clark, George C. PhilippatosSurveys the development of employee stock ownership plans (ESOPs) in the USA, Canada, Japan and the EU. Suggests that ESOPs are driven by management in the USA but are culturally…
Some evidence on regime shifts in international stock markets
Kazume NishiyamaCompares the aggregate stock returns of five countries in order to understand their behaviour, bearing in mind shocks and regime shifts. Applies a Markov‐switching model to…
Interaction of volatility and autocorrelation: evidence from major stock exchanges
G. Geoffrey Booth, Gregory KoutmosCompares stock market returns behaviour for six stock markets in order to find out whether nonlinearities are a result of conditional heteroscedasticity or of previous…
A cointegration analysis of interest rates in Germany
Wolfgang Bessler, John R. NorsworthyReviews the literature on the term structure of interest rates. Suggests that low German inflation might lead to idiosyncratic interest rate behaviour in Germany. Tests German…
ISSN:
0307-4358Online date, start – end:
1975Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Professor Don Johnson