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Title Asset pricing, real estate and public finance over the crisis / edited by Alessandro Carretta and Gianluca Mattarocci
Published Houndmills, Basingstoke, Hampshire : Palgrave Macmillan, 2013

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Description 1 online resource
Series Palgrave Macmillan Studies in Banking and Financial Institutions
Palgrave Macmillan studies in banking and financial institutions.
Contents PART I: ASSET PRICING DURING THE CRISIS -- 1. Does Investor Attention Influence Stock Market Activity? The Case of Spin-Off Deals; A. Carretta, V. Farina, E.A. Graziano & M. Reale -- 2. The Effects of Derivatives Trading on Stock Market Volatility and Market Efficiency. Some Evidence from European Markets; G. Liccardo -- 3. How Much Globalization is there in the World Stock Markets and where is it?; G. Nicolini & E. Dorodnykh -- 4. Financial Analyst Recommendation Driven Funds: a Risk Adjusted Measure Analysis; G. Galloppo -- 5. Alternative Neural Network Approaches for Enhancing Stock Picking using Earnings Forecasts; G. Galloppo & M. Aliano -- 6. Market Timing with the Black-Litterman Model; U. Pomante -- 7. Performance and Governance in Investment Management Companies; M.C. Arcuri -- PART II: REAL ESTATE INVESTMENT VEHICLES AND MARKETS DURING THE CRISIS -- 8. The Quality of Real Estate Data: the Italian Case; F. Battaglia, C. Porzio & G. Sampagnaro -- 9. Real Estate Trends and Portfolio Rebalancing: Evidence from Main European Markets; G. Mattarocci & G. Siligardos -- 10. The Choice of the Risk Measure in Selecting Real Estate Funds: Evidence from the Italian Market; C. Giannotti & G. Mattarocci -- PART III: PUBLIC SECTOR ISSUES IN A CRISIS SCENARIO -- 11. Economic and Financial Determinants of Italian Local Government Ratings: an Empirical Analysis; A.V. Venneri -- 12. Evolution of the Finance Function in the Italian Local Public Bodies; F. Quarta & P. Stefanizzi -- 13. Project Finance Exposures in the Supervisory Slotting Criteria Approach: Pricing and Judgmental Analysis; P. Marchetti & A.V. Venneri
Summary During the crisis the asset management is affected by a lack of investors' confidence and an increase of risk exposure for all financial instruments traded and investor need more efficient solution for constructing and managing their investment portfolio. The real estate market was the source of the financial crisis development and the main limits of the market could be ascribed to the low quality of the information available, the investment strategies adopted by the managers and the mistakes done in evaluating the risk exposure. Due to the crisis, financial resources available for the public sector are lower and Public entities have to develop new instruments for collecting financial resources and to take care about the market reaction to their investment and expenditure policies. The book provides an original analysis of the effect of the crisis in the three sectors and points out the new instruments or approaches proposed in order to avoid the development of a new crisis
Bibliography Includes bibliographical references and index
Notes Print version record
Subject Capital market.
Stocks -- Prices.
Investments.
Real estate investment.
Finance, Public.
Financial crises
portfolios (financial records)
Economic & financial crises & disasters.
Finance.
BUSINESS & ECONOMICS -- Investments & Securities -- General.
Economics.
Capital market
Finance, Public
Financial crises
Investments
Real estate investment
Stocks -- Prices
Economic & financial crises & disasters.
Finance.
Personal finance.
Housing & property for the individual: buying/selling & legal aspects.
Business strategy.
Project management.
Economics.
Form Electronic book
Author Carretta, Alessandro
Mattarocci, G. (Gianluca), 1978-
LC no. 2013008159
ISBN 9781137293770
1137293772
9781137293763
1137293764