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G. Financial Markets


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G1 General Financial Markets

(P) Morris, S., "Speculative Behavior and Learning", Quarterly Journal of Economics, November, 1996, Vol. 111, No. 4, pp. 1111-1133.

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G12 Asset Pricing

(P) Abhyankar, A.; Copeland, L. S. and Wong, W., "Uncovering Nonlinear Structure in Real-Time Stock-Market Indexes: The S&P 500, the DAX, the Nikkei 225 and FTSE 100", Journal of Business and Economic Statistics, January 1997, Vol. 15, No. 1, pp. 1-14.

Arthur, W. B., J. Holland, B. LeBaron, R. Palmer and P. Taylor, "Artificial Economic Life: A Simple Model of a Stock Market", Physica D, Vol. 75, 1994, pp. 264-274. (DEH HAS)

Arthur, W. B., J. Holland, B. LeBaron, R. Palmer and P. Taylor, "Asset Pricing Under Endogenous Expectations in an Artificial Stock Market", in The Economy as An Evolving Complex System II, edited by W. Brian Arthur, Stephen Durlauf and David A. Lane, A Proceedings Volume, Santa Fe Studies in the Sciences of Complexity, 1996, pp.15-44. (DEH HAS)

Atchison, M. D. and White, M. A., Disappearing Evidence of Chaos in Security Returns: A Simulation , Quarterly Journal of Business Economics, Spring 1996, Vol. 35, No. 2, pp. 21-37. (NIL)

Bhattacharyya, S. and Lipman, B. L., "Ex ante versus Interim Rationality and the Existence of Bubbles", Economic Theory, November 1995, Vol 6, No. 3, pp. 469-494. (ILL)

Blank, Steven C., "Chaos in the Financial Markets? A Nonlinear Dynamical Analysis",
Journal of Futures Markets, Vol. 11, 1991, pp. 711-728.

Brock, William, "Asset Price Behavior in Complex Environments" in The Economy as An Evolving Complex System II, edited by W. Brian Arthur, Stephen Durlauf and David A. Lane, A Proceedings Volume, Santa Fe Studies in the Sciences of Complexity, 1996, pp.385-423. (DEH HAS)

Brock, William and Cars H. Hommes, "A Rational Route to Randomness", Econometrica, Vol 65, 1997, pp. 1059-1095.

Brock, William and Cars H. Hommes, "Models of Complexity in Economics and Finance", in Christian Heij, Hans Schumacher, Bernard Hanzon, and Kees Praagman, eds., System Dynamics in Economic and Financial Models, New York, N.Y., John Wiley ans Sons., 1997, pp. 3-34.

Haefke, C. and Helmentsen, C. "Neural Networks in the Capital Markets: An Application to Index Forecasting", Computational Economics, February 1996, Vol. 9, No. 1, pp. 37-50. (DEH-ABS)

Khilji, N. M., "Nonlinear Dynamics and Chaos: Application to Financial Markets in
Pakistan", Pakistan Development Review, Part 2, Winter 1994, Vol. 34, No. 4, pp. 1417-1429. (DEH HAS)

(P) Kramer, W. and Rundle, R. "Chaos and the Compass Rose", Economic Letters, February 1997, Vol. 54, No. 2, pp. 113-118. (New item)

de Lima, P. J. F., "Nonlinearities and Nonstationarities in Stock Returns," Journal of Business and Economic Statistics, April 1998, Vol. 16, No. 2, pp. 227-36.

(P) Mandelbrot, B. "The Pareto-Levy law and the Distribution of Income", International Economic Review, Vol 1, pp. 79-?

(P) Mandelbrot, B. "The Variation of Certain Speculative Prices", Journal of Business, Vol. 36, 1963, pp. 307-332. (DEH HAS)

(P) Mandelbrot, B. "The Variation of Some Other Speculative Prices", The Journal of Business of the University of Chicago, Vol. 37, 1964, pp. 393-413.

Mandelbrot, B. "The Variation of Some Other Speculative Prices", The Journal of Business of the University of Chicago, Vol. 40, 1967, pp. 393-413. (ILL)

Moore, B. and Schaller, H., "Learning, Regime Switches and Equilibrium Asset Pricing Dynamics", Journal of Economic Dynamics and Control, June-July 1996, Vol. 20, No. 6-7, pp. 979-1006.(DEH HAS)

Olmeda, I. and Perez, J. "Non-Linear Dynamics and Chaos in the Spanish Stock Market", Investment Economics, May 1995, Vol. 19, No. 2, pp. 217-248. (DEH HAS)

Kaastra, I. and Boyd, M. S., "Forecasting Futures Markets Using Neural Networks", Journal of Futures Markets, December 1995, Vol. 15, No. 8, pp. 953-970. (DEH-ABS)

Tofallis, C., "Chaotic Behavior in a Bank Account", British Review of Economic Issues, October, 1995, Vol. 17, No. 43, pp. 53-68. (DEH HAS)

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G13 Contingent Pricing-Futures Pricing

Clyde, W. C. and Osler, C. L., "Charting: Chaos Theory in Disguise?", Journal of Futures Markets, August 1997, Vol. 17, No. 5, pp. 489-514. (NIL)

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G? Trading

Day, Richard H. and Weihong Huang, "Bulls, Bears and Market Sheep", Journal of
Economic Behavior and Organization
, Vol. 14, 1990, pp. 299-330. (ABS)

Grannan, E. R., and Swindle, G. H., "Contrarians and Volatility Clustering", Santa Fe
Institute Paper 94-03-010, 1994. (NIL)

Huang, Weihong and Day, Richard H., "Chaotically Switching Bear and Bull Markets: The Derivation of Stock Price Distributions from Behavioral Rules" , Chapter 12 in Day, Richard H. and Ping Chen, (editors), Nonlinear Dynamics and Evolutionary Economics, Oxford University Press, New York, 1993, pp. 169-182.

Rust, John, Palmer Richard and Miller, John H., "Behavior of Trading Automata in
Computerized Double Auction Market", Mimeo, Santa Fe Institute, January, 1992. (NIL)

Scheinkman, Jose and LeBaron B., 1989, "Non Linear Dynamics and Stock Returns", Journal of Business, Vol. 62, pp. 311-337. (ABS)

White, Halbert, "Economic Prediction Using Neural Networks: The Case of IBM Stock Prices", Proceedings of the IEEE Second International Conference on Neural Networks, pp. 451-458, 1988. (NIL)

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G2 Financial Institutions and Services

Kau, J. B. and Keenan, D. C., "An Option-Theoretic Model of Catastrophes Applied to Mortgage Insurance", Journal of Risk and Insurance, December 1996, Vol. 63, No. 4, pp. 639-656. (NIL)

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G3 Corporate Finance and Governance

Boyd, J. and Smith, B. D., "The Coevolution of the Real and Financial Sectors in the
Growth Process", World Bank Economic Review, May 1996, Vol. 10, No. 2, pp. 371-396. (DEH HAS)

Pinder, J. P., "Nonlinear Dynamical Systems and Inventory Management", Managerial Decisions and Economics, Jan-Feb 1996, Vol. 17, No. 1, pp. 27-43. (NIL)

 

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