: The Efficiency of New Issue Markets (1992) - Routledge Revivals (Paperback)
  • : The Efficiency of New Issue Markets (1992) - Routledge Revivals (Paperback)
zoom

: The Efficiency of New Issue Markets (1992) - Routledge Revivals (Paperback)

(author)
£27.99
Paperback 144 Pages / Published: 31/10/2019
  • We can order this

Usually dispatched within 3 weeks

  • This item has been added to your basket

First published in 1992, The Efficiency of New Issue Markets provides a comprehensive overview of under-pricing and through this assess the efficiency of new issue markets. The book provides a further theoretical development of the adverse selection model of the new issue market and addresses the hypothesis that the method of distribution of new issues has an important bearing on the efficiency of these markets. In doing this, the book tests the efficiency of the Offer for Sale new issue market, which demonstrates the validity of the adverse selection model and contradicts the monopsony power hypothesis. This examines the relative efficiency of the new issue markets which demonstrates the importance of distribution in determining relative efficiency.

Publisher: Taylor & Francis Ltd
ISBN: 9781138574922
Number of pages: 144
Weight: 268 g
Dimensions: 235 x 159 mm

You may also be interested in...

The Skeptical Environmentalist
Added to basket
A Guide to Econometrics
Added to basket
Encyclopedia of Chart Patterns
Added to basket
Econometrics
Added to basket
£55.00
Hardback
Naked Statistics
Added to basket
£12.99
Paperback
Time Series Analysis
Added to basket
Lectures on Urban Economics
Added to basket
Econometrics For Dummies
Added to basket
Using Statistics in Economics
Added to basket
Mathematics for Economics
Added to basket
Mostly Harmless Econometrics
Added to basket
Essentials of Econometrics (Int'l Ed)
Added to basket

Please sign in to write a review

Your review has been submitted successfully.