Essays about: "incomplete markets"

Showing result 1 - 5 of 11 essays containing the words incomplete markets.

1. 1. Living Transnational Financial Lives: Exploring the Everyday Financial Practices, Networks and Subjectivities of Singaporeans in Sweden

   University essay from Lunds universitet/Institutionen för kulturgeografi och ekonomisk geografi

   Author : Yong Hao Tan; [2022]
   Keywords : Financialisation of everyday life; transnational migrants; everyday financial practices; networks; subjectivities; Singapore; Sweden; Social Sciences;

   Abstract : This thesis examines the everyday financial lives of transnational migrants through the case of Singaporean migrants in Sweden. Drawing upon the scholarship on the financialisation of everyday life and transnational migration across economic and sociocultural geography, this thesis develops a conceptual framework that explores the everyday financial practices, networks and subjectivities that shape the lived financial realities of transnational migrants and how the complex and overlapping relationships between these different aspects of the financial everyday shapes the formation of the transnational financial subject. READ MORE

3. 2. Return of the SPAC

   University essay from Göteborgs universitet/Graduate School

   Author : Joakim Nilsson; Philip Svensson; [2021-06-30]
   Keywords : SPAC; Efficient Market Hypothesis; Market anomalies; Event study; Incomplete information JEL;

   Abstract : Past empirical research on Special Purpose Acquisition Companies has demonstrated long-term negative returns following the merger due to the flawed structure, mainly attributed to incomplete information. This paper examines the return of SPACs in the short-term surrounding two events: target deal announcement and merger completion. READ MORE

4. 3. Deep Learning and the Heston Model:Calibration & Hedging

   University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

   Author : Oliver Klingberg Malmer; Victor Tisell; [2020-07-03]
   Keywords : deep learning; deep hedging; deep calibration; option pricing; stochastic volatilty; Heston model; S P 500 index options; incomplete markets; transaction costs;

   Abstract : The computational speedup of computers has been one of the de ning characteristics of the 21st century. This has enabled very complex numerical methods for solving existing problems. As a result, one area that has seen an extraordinary rise in popularity over the last decade is what is called deep learning. READ MORE

5. 4. Volatility Curves of Incomplete Markets

   University essay from Göteborgs universitet/Institutionen för matematiska vetenskaper

   Author : Kateryna Chechelnytska; [2020-06-23]
   Keywords : Implied volatility; Incomplete markets; Trinomial option pricing model; Black-Scholes option pricing model; Risk-neutral probability;

   Abstract : The graph of the implied volatility of call options as a function of the strike price is called volatility curve. If the options market were perfectly described by the Black-Scholes model, the implied volatility would be independent of the strike price and thus the volatility curve would be a at horizontal line. READ MORE

6. 5. Intraday Volatility Surface Calibration

   University essay from Umeå universitet/Institutionen för matematik och matematisk statistik

   Author : Tobias Blomé; Adam Törnqvist; [2020]
   Keywords : ;

   Abstract : On the financial markets, investors search to achieve their economical goals while simultaneously being exposed to minimal risk. Volatility surfaces are used for estimating options' implied volatilities and corresponding option prices, which are used for various risk calculations. READ MORE