Articles liés à Studies of Chinese Bond Markets: An Empirical Approach

Studies of Chinese Bond Markets: An Empirical Approach - Couverture souple

Anxing, Wang

 
9783631507605: Studies of Chinese Bond Markets: An Empirical Approach
Couverture souple
ISBN 10 : 3631507607 ISBN 13 : 9783631507605
Editeur : Peter Lang AG, 2003

Synopsis

A new approach is proposed in this book for estimating a term structure of interest and it is applied to estimate a Chinese interest model. A case study of bond market of the USA, Japan and India is given as well. The findings concerning Chinese bond markets are that the market price of interest-rate risk is zero, term structure is downward sloping and shift downward as well ; the performances of yields to maturities are influenced by saving rates of interest. The market prices of interest-rate risk for the USA, Japan and India are significantly different from zero, and in fact they are statistically the same. This is an evidence of integration of international financial markets.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

The Author : Anxing Wang studied mathematics at the Shanghai Jiaotong University. After his master degree in 1988 he worked at the department of Finance and the Institute of Quantitative Economics at the Huazhong University of Science and Technology. In 2002 he achieved his Ph.D at the School of Business at the Catholic University of Eichstätt-Ingolstadt.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Peter Lang AG
Date d'édition
2003
Langue
anglais
ISBN 10 
3631507607
ISBN 13 
9783631507605
Reliure
Broché
Nombre de pages
148
Coordonnées du fabricant
non disponible
Personne responsable
non disponible