Empirical finance
Subtitle: modelling and analysis of emerging financial and stock markets
By: Sardar M. N. Islam, Sethapong Watanapalachaikul.
Edition: 1st ed.
Publisher: Physica-Verlag; Physica-Verlag Heidelberg New York
Published: 2004
Place of publication: New York, NY; Heidelberg, Germany
Language: eng
Number of pages: 200
Description: "The emphasis of this book is on understanding special characteristics of the financial systems of emerging markets, where the existence of market imperfections such as asymmetric information, adverse selection and moral hazard can cause financial market failures. Considering the Thai stock market as an example, this book provides an econometric study of a typical Asian financial system. Many contemporary techniques and models are used in this study, including simple multivariate regression, multi-factor model, exponential smoothing, Holt Winter's models, and GARCH type models."--BOOK JACKET.