The aim of the project is to determine the importance of funds assets to the retail investor. Here, we distinguish between a representative retail investor and individual investor groups. Measuring the…
The paper provides new evidence on the factors that explain stock returns on the emerging markets. It focuses on the largest and most developed of the Central and Eastern European markets, the Polish stock…
The empirical term structure literature shows that long-term interest rates are not merely a combination of expected short-term interest rates and a constant risk premium, as the so-called Expectation Hypothesis…
