دور معنویات المستثمریـن فـی تسعیـر الأصول الرأسمالیة فـی الأسواق الناشئة فـی فتـرات الأزمات المالیة: دراسة تطبیقیة علـى السوق المصریة باستخدام أسلوب الانحدار الفازی Investor Sentiment Role on Asset Pricing in Emerging Markets During Stock Markets Crisis: Application to Egyptian Market Using Fuzzy Regression

Asset Pricing in Emerging Markets

Emerging markets provide a formidable challenge to current asset pricing theory. The reason that emerging market do not obey standard asset pricing paradigms can be traced to the lack of complete market integration of many of these markets. Importantly, to understand both the cross-section of expected returns as well as the evolution of expected returns through time in these markets, it is nece...

Investor Sentiment and Corporate investment in Chinese stock markets

The question about whether investor sentiment correlates with their corporate investment is often examined in the literature. Thus, based on behavioral finance theory, this paper aims to investigate whether investor sentiment in stock market has an impact on corporate investment in listed Chinese firms, where the mutual fund flows is taken as the proxy variable of investor sentiment for stocks....

ربُّ السیف والقلم فـی میزان النقـد

یعدّ محمود سامی البارودی شاعراً وسیاسیاً مصریاً من شعراء القرن التاسع عشر، وقد کان له أکبر تأثیر فی إحیاء  الشعر العربی المعاصر وتجدیده، حیث أوصله إلی نهره العذب، وأتی بالمضامین الجدیدة فی القوالب القدیمة التی کانت من خصائص الشعر الکلاسیکی. رجع البارودی إلی العصور الذهبیة للأدب العربی رجوعاً واعیاً، وبتقلید القدماء ومعارضتهم حال دون  السقوط الحتمی للشعر العربی . إن للبارودی تجدیداً ملموساً فی الشعر إضا...

Investor Sentiment in the Stock Market

Real investors and markets are too complicated to be neatly summarized by a few selected biases and trading frictions. The “top down” approach to behavioral finance focuses on the measurement of reduced form, aggregate sentiment and traces its effects to stock returns. It builds on the two broader and more irrefutable assumptions of behavioral finance—sentiment and the limits to arbitrage—to ex...

Dynamic Multibeta Macroeconomic Asset Pricing Model at NAFTA Stock Markets