[PDF] Top 20 The impact of credit conditions in market liquidity – a case for European stock markets

... 24 BLT LN Equity BHP Billiton PLC 59 TW/ LN Equity Taylor Wimpey PLC 25 CPG LN Equity Compass Group PLC 60 SGE LN Equity Sage Group PLC/The 26 LGEN LN Equity Legal & General Group PLC 61 AAL LN Equity Anglo ... See full document

... Since the genesis of financial markets, intermediaries such as brokers and dealers, hedge funds and other liquidity suppliers have played a crucial role for market completeness and ... See full document

... determinants of the stock market index for Hungary and has several major ...whether the stock market index and the money supply may exhibit a quadratic pattern: a ... See full document

... through the mobilization of resources from savers and their direction to profitable economic activities with high added value, can increase economic ...because of dissimilarity financial structure ... See full document

... study of crises periods is important because there is no agreement on the effect of crises on herding behavior (Economou et al, ...(2002), in the Asian crisis of 1997, foreign ... See full document

... some of the essential conditions are the ...First, in dollar-weighted terms, such a market cannot have too many quasi’s (in order for the rational investor to be ... See full document

... On the contrary strong impact over the stock returns is observed after an outlook or credit review as it is to ...Since the rating agency is giving new information to the ... See full document

... that the US financial crisis of 2007 spilled over into other markets through direct ...returns in the US subprime market. Due to the fact that profit opportunities ... See full document

... spite of a quite powerful empirical sustain, the mean reversion hypothesis is not uniformly verified but exhibited episodically only in certain periods and so a conclusion generalization being ... See full document

... least the case for large capitalisation stocks, as our same considers stocks form the 50 European companies that stayed the longest in the Eurostoxx index, over the ... See full document

... regressions, the author demonstrated that only institutional sentiment forecasts stock market returns correctly for intermediate ...sentiment. The authors found that consumer confidence and ... See full document

... aim of the study presented was to consider the relevance of one of the theories proposing to explain underperformance of post-IPO companies under the ... See full document

... One of the first authors to define and explain economic development was Schumpeter in 1911 in his book “The Theory of Economic ...able of influencing economic development, ... See full document

... on the particularities of the co-movement of international financial market in stressful ...periods, the linkages between international markets could suffer ... See full document

... role in developing investment market and represents economic ...development. In the current study, polling and questionnaire method was used to determine the approach of ... See full document

... are the main causes of squamous cell cancers of the upper aerodigestive ...cancers of the oesophagus, head and neck region, and lungs (‘ield ...risk of developing second ... See full document

... As the multinomial model is non-linear, the marginal effect of the treatment in a DID model is not the marginal impact of the interaction between time and ... See full document

... shocks. The absence of substantial effects on migration in this and similar contexts from other developing countries has led some to question whether the documented labor market ... See full document

... so. The Theory has at least four concepts that reinforce, under a different perspective, problems already identified through reading other authors, but which were not clearly exposed as they were in ... See full document

... presents the cointegration equations corresponding to long-run relationships between the variables of: debt and stock market value, e; debt on equity and return, both of them ... See full document