Accounting Standards and Financial Market Stability: An Experimental Examination
نویسندگان
چکیده
منابع مشابه
Loan Portfolio Diversification, Market Structure and Financial Stability of Banks
The purpose of this study is to investigate the effect of bank loan portfolio diversification and market structure on the financial stability of banks in the countrychr('39')s capital market. In order to achieve the above goal, the financial data of 17 banks have been used as unbalanced panels in the period from 2005 to 2018. In this study, data analysis was performed using fixed effects model...
متن کاملFinancial Transaction Tax and Financial Market Stability with Diverse Beliefs
This papers studies the impact of a financial transactions tax on the trading volume and asset price volatility in a model with heterogeneous beliefs. To model heterogeneous beliefs we follow Kurz (1994, 1997) and restrict the class of beliefs to the subset of rational beliefs. We study a tax on bond and asset purchases. The simulated model shows that the introduction of a transaction tax resul...
متن کاملPI - 0303 Institutional Investors , Financial Market Efficiency and Financial Stability
ing from the likely increase in saving and wealth, the implications of growth in institutions, notably life insurers and pension funds, for financing patterns arise from differences in behaviour from the personal sector, which would otherwise hold assets directly. As we showed in Tables 7-9, portfolios of long-term institutions vary widely, but in most cases, they hold a greater proportion of c...
متن کاملA prototype system for temporal reconstruction of financial accounting standards
This paper presents a prototype system to support the temporal reconstruction of financial accounting standards (FASs). The FASs have been subject to rapid expansion, increased complexity and frequent changes (amendments), which in combination make it difficult to determine the accurate rendering of FASs at specific points in time. The prototype allows a user to specify an FAS (e.g., SFAS 35) a...
متن کاملEnergy Auctions and Market Power: An Experimental Examination
Testing auction mechanisms experimentally in a controlled environment provides an inexpensive means for evaluating their relative merits. The first part of this paper focuses on the comparison three different auctions with regard to market efficiency and pricing, given scenarios with two, four, and six competitors. Though the uniform price last accepted offer auction was superior overall, the n...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: The Economic Journal
سال: 2017
ISSN: 0013-0133,1468-0297
DOI: 10.1111/ecoj.12335