Portfolio Diversification Leverage and Financial Contagion

Written By Mr.Garry J. Schinasi
Portfolio Diversification  Leverage  and Financial Contagion
  • Publsiher : International Monetary Fund
  • Release : 01 October 1999
  • ISBN : 1451855796
  • Pages : 38 pages
  • Rating : /5 from reviews
GET THIS BOOKPortfolio Diversification Leverage and Financial Contagion


Download or read book entitled Portfolio Diversification Leverage and Financial Contagion by author: Mr.Garry J. Schinasi which was release on 01 October 1999 and published by International Monetary Fund with total page 38 pages . This book available in PDF, EPUB and Kindle Format. Models of “contagion” rely on market imperfections to explain why adverse shocks in one asset market might be associated with asset sales in many unrelated markets. This paper demonstrates that contagion can be explained with basic portfolio theory without recourse to market imperfections. It also demonstrates that “Value-at-Risk” portfolio management rules do not have significantly different consequences for portfolio rebalancing and contagion than other rules. The paper’s main conclusion is that portfolio diversification and leverage may be sufficient to explain why investors would find it optimal to sell many higher-risk assets when a shock to one asset occurs.

Portfolio Diversification Leverage and Financial Contagion

Portfolio Diversification  Leverage  and Financial Contagion
  • Author : Mr.Garry J. Schinasi,T. Todd Smith
  • Publisher : International Monetary Fund
  • Release Date : 1999-10-01
  • Total pages : 38
  • ISBN : 1451855796
GET BOOK

Summary : Models of “contagion” rely on market imperfections to explain why adverse shocks in one asset market might be associated with asset sales in many unrelated markets. This paper demonstrates that contagion can be explained with basic portfolio theory without recourse to market imperfections. It also demonstrates that “Value-at-Risk” portfolio management ...

Portfolio Diversification

Portfolio Diversification
  • Author : Francois-Serge Lhabitant
  • Publisher : Elsevier
  • Release Date : 2017-09-26
  • Total pages : 274
  • ISBN : 1451855796
GET BOOK

Summary : Portfolio Diversification provides an update on the practice of combining several risky investments in a portfolio with the goal of reducing the portfolio's overall risk. In this book, readers will find a comprehensive introduction and analysis of various dimensions of portfolio diversification (assets, maturities, industries, countries, etc.), along with time ...

Windfall Profit in Portfolio Diversification An Empirical Analysis of the Potential Benefits of Renewable Energy Investments

Windfall Profit in Portfolio Diversification   An Empirical Analysis of the Potential Benefits of Renewable Energy Investments
  • Author : Frederik Bruns
  • Publisher : Diplomica Verlag
  • Release Date : 2013-01
  • Total pages : 112
  • ISBN : 1451855796
GET BOOK

Summary : Modern Portfolio Theory is a theory which was introduced by Markowitz, and which suggests the building of a portfolio with assets that have low or, in the best case, negative correlation. In times of financial crises, however, the positive diversification effect of a portfolio can fail when Traditional Assets are ...

Financial Globalization Portfolio Diversification and the Pattern of International Trade

Financial Globalization  Portfolio Diversification  and the Pattern of International Trade
  • Author : Miklós Koren
  • Publisher : International Monetary Fund
  • Release Date : 2003-12-01
  • Total pages : 47
  • ISBN : 1451855796
GET BOOK

Summary : The paper provides a general-equilibrium model where incomplete international financial markets lead to insufficient industrial specialization and low international trade. As international portfolio diversification is limited and productivity is uncertain, investors wish to maintain a diversified industrial structure rather than specializing according to their comparative advantage. Financial globalization then induces ...

Wine Investment for Portfolio Diversification

Wine Investment for Portfolio Diversification
  • Author : Mahesh Kumar
  • Publisher : Unknown
  • Release Date : 2009-12-01
  • Total pages : 179
  • ISBN : 1451855796
GET BOOK

Summary : A London-based chartered accountant and financial professional develops the Fine Wine Index and documents how investment in fine wines over past 20 years equal “or exceed” the return from stocks and bonds. Based on the Nobel Prize winning portfolio theory of Harvey Markovitz, the author provides a mean-variance model with expected ...

Diversification and Portfolio Management of Mutual Funds

Diversification and Portfolio Management of Mutual Funds
  • Author : G. Gregoriou
  • Publisher : Springer
  • Release Date : 2006-11-17
  • Total pages : 419
  • ISBN : 1451855796
GET BOOK

Summary : This book addresses the importance of diversification for reducing volatility of investment portfolios. It shows how to improve investment efficiency, and explains how international diversification reduces overall risk while enhancing performance. This book is a crucial tool for any investor looking to improve the profit gain from their investment....

Portfolio Diversification

Portfolio Diversification
  • Author : Kpate Adjaouté,Jean-Pierre Danthine
  • Publisher : Unknown
  • Release Date : 2001
  • Total pages : 17
  • ISBN : 1451855796
GET BOOK

Summary : Read online Portfolio Diversification written by Kpate Adjaouté,Jean-Pierre Danthine, published by which was released on 2001. Download full Portfolio Diversification Books now! Available in PDF, ePub and Kindle....

Portfolio Selection

Portfolio Selection
  • Author : Harry M. Markowitz
  • Publisher : Yale University Press
  • Release Date : 1968-01-28
  • Total pages : 368
  • ISBN : 1451855796
GET BOOK

Summary : Applies modern techniques of analysis and computation to the problem of finding combinations of securities that best meet the needs of the private institutional investor. Written primarily with the nonmathematician in mind, although it contains mathematical development of the subject in appendixes....

International Portfolio Diversification

International Portfolio Diversification
  • Author : A. Brooks-Senftleben
  • Publisher : Unknown
  • Release Date : 1994
  • Total pages : 40
  • ISBN : 1451855796
GET BOOK

Summary : Read online International Portfolio Diversification written by A. Brooks-Senftleben, published by which was released on 1994. Download full International Portfolio Diversification Books now! Available in PDF, ePub and Kindle....

Portfolio Diversification Leverage and Financial Contagion

Portfolio Diversification  Leverage  and Financial Contagion
  • Author : T. Todd Smith,Mr. Garry J. Schinasi
  • Publisher : International Monetary Fund
  • Release Date : 1999-10-01
  • Total pages : 38
  • ISBN : 1451855796
GET BOOK

Summary : Models of “contagion” rely on market imperfections to explain why adverse shocks in one asset market might be associated with asset sales in many unrelated markets. This paper demonstrates that contagion can be explained with basic portfolio theory without recourse to market imperfections. It also demonstrates that “Value-at-Risk” portfolio management ...

Fund of Funds Investing

Fund of Funds Investing
  • Author : Daniel A. Strachman,Richard S. Bookbinder
  • Publisher : John Wiley and Sons
  • Release Date : 2009-11-13
  • Total pages : 212
  • ISBN : 1451855796
GET BOOK

Summary : Valuable guidance on fund of funds investing While capital markets have become more complex, investors are still looking to increase portfolio performance without increasing risk. Fund of funds investing is one such avenue to pursue. This practical guide provides you with the tools needed to understand and evaluate your investments ...

EMU and Portfolio Diversification Opportunities

EMU and Portfolio Diversification Opportunities
  • Author : Kpate Adjaoute,Jean-Pierre Danthine
  • Publisher : Unknown
  • Release Date : 2001
  • Total pages : 37
  • ISBN : 1451855796
GET BOOK

Summary : Read online EMU and Portfolio Diversification Opportunities written by Kpate Adjaoute,Jean-Pierre Danthine, published by which was released on 2001. Download full EMU and Portfolio Diversification Opportunities Books now! Available in PDF, ePub and Kindle....

Three essays in international portfolio diversification

Three essays in international portfolio diversification
  • Author : Amir Andrew Amadi
  • Publisher : Unknown
  • Release Date : 2004
  • Total pages : 202
  • ISBN : 1451855796
GET BOOK

Summary : Read online Three essays in international portfolio diversification written by Amir Andrew Amadi, published by which was released on 2004. Download full Three essays in international portfolio diversification Books now! Available in PDF, ePub and Kindle....

International Portfolio Diversification with Generalized Expected Utility Preferences

International Portfolio Diversification with Generalized Expected Utility Preferences
  • Author : Joshua Aizenman
  • Publisher : Unknown
  • Release Date : 1997
  • Total pages : 22
  • ISBN : 1451855796
GET BOOK

Summary : This paper revisits the Home Bias Puzzle -- the relatively low interna- tional diversification of portfolios. We suggest that part of the diversifi- cation puzzle may be due to reliance on the conventional CAPM model as the benchmark predicting patterns of diversification. We compare the asset diver- sification patterns of ...

Multinational Portfolio Diversification for Developing Countries

Multinational Portfolio Diversification for Developing Countries
  • Author : Donald R. Lessard
  • Publisher : Unknown
  • Release Date : 1970
  • Total pages : 386
  • ISBN : 1451855796
GET BOOK

Summary : Read online Multinational Portfolio Diversification for Developing Countries written by Donald R. Lessard, published by which was released on 1970. Download full Multinational Portfolio Diversification for Developing Countries Books now! Available in PDF, ePub and Kindle....