Capital Markets in Southeast Europe : Origins and Efficiency in a Cross-count...

by Ante Dodig

$126 · Offered by eBay

Capital Markets in Southeast Europe : Origins and Efficiency in a Cross-country Analysis of Transition Economies, Paperback by Dodig, Ante, ISBN 303107212X, ISBN-13 9783031072123, Like New Used, Free shipping in the US This book considers the theme of capital markets prowess and its link with surrounding economic dexterity. It presents the story on the back of dual intertwined cornerstone pillars: The initial agenda sets the global macroeconomic context and its interplay with financial markets and sub-segment capital markets. Then th moves to the evolvement of the inherent capital markets, from nascence to present day, and through profiling of the current operating surroundings. The latter pillar performs empirical research built upon Eugene Fama’s weak form efficiency theorem with statistical testing results further framing the comprehensive findings on five selected southeast European developing capital markets. Jointly the two parts present the first such well-documented capital markets set up complemented by wide-ranging empirical findings of inefficiency. Th introduces at first the global perspective, in which the growing globalization in the past decades has led to improved efficiencies, to faster innovation, and to greater systemic connectedness and meaningfully so by an increasing contribution from transitioning economies. Nevertheless, in higher systemic concentration there is an implied higher volatility risk and evidence has revealed dichotomous reaction through di

  • Publisher: Springer International Publishing A&G
  • Year: 2023
  • Binding: Paperback
  • ISBN: 9783031072123
  • Condition: Fine

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