Designing New Financial Instruments to Work in the Asian Markets

New ways to understand financial markets

Traditionally, researches in financial markets were broadly divided into two camps: fundamental and technical analysis. Fundamental analysts assume that assets, such as shares, have intrinsic values, which they attempt to assess. The value of a company’s shares is determined by all the factors that could affect the company’s future profitability. These include the company’s operation as well as...

Investigating the Impact of Developing Financial Markets and Tax Revenues on Economic Growth in Southeast Asian Countries

The purpose of this paper is to investigate the impact of the development of financial markets and tax revenues on economic growth in Southeast Asian countries using data from the period 1980-1980. For this purpose, a supply-oriented endogenous growth pattern and due to the nonlinear relationship between the research variables, the PSTR model has been used. In this study, three indicators of fi...

The New Challenge for Global Financial Markets

A New Approach to Spreadsheet Analytics Management in Financial Markets

Spreadsheets in financial markets are frequently used as database, calculator and reporting application combined. This paper describes an alternative approach in which spreadsheet design and database technology have been brought together in order to alleviate management and regulatory concerns over the operational risks of spreadsheet usage. In particular, the paper focuses on the rapid creatio...

Natural Selection in Financial Markets: Does It Work?

Can investors with incorrect beliefs survive in financial markets and have a significant impact on asset prices? My paper addresses this issue by analyzing a dynamic general equilibrium asset pricing model with some investors having rational expectations while others having incorrect beliefs concerning the mean growth rate of the economy. In contrast to the existing literature such as Sandroni ...