Palgrave Macmillan Studies in Banking and Financial Institutions: Evaluating Euro Area Economies

Tomat, Gian Maria

This book reviews the efficient markets hypothesis from a behavioural finance perspective looking at the stock markets of the five largest Euro economies. It covers some key areas in finance, including efficient markets, equity premium, dividend ratio model, yield curve and term structure, all of which are concepts used to analyse pricing and other behaviour in financial markets. The book studies the term structure of interest rates describing formalizations for zero-coupon and coupon bonds and evaluates results regarding static spot rate and dynamic forward rate regressions for the Euro area. Additionally, it examines the equity premium exploiting variation in stock market returns in both time series and cross-section dimensions, and will be of interest to academics, researchers, and students of financial economics, financial markets, and behavioural finance.

Details

Published by: Palgrave Macmillan

Publication Date: 2023-08-30

Format: Hardcover

ISBN-13: 9783031368356

DOI: 10.1007/978-3-031-36836-3

Dimensions: 210cm x148cm

Pages: 156