Παρακαλώ χρησιμοποιήστε αυτό το αναγνωριστικό για να παραπέμψετε ή να δημιουργήσετε σύνδεσμο προς αυτό το τεκμήριο: https://hdl.handle.net/20.500.14279/25843
Πεδίο DCΤιμήΓλώσσα
dc.contributor.authorSavva, Christos S.-
dc.contributor.authorTheodossiou, Panayiotis-
dc.contributor.authorTsouknidis, Dimitris-
dc.date.accessioned2022-03-02T07:48:41Z-
dc.date.available2022-03-02T07:48:41Z-
dc.date.issued2019-06-27-
dc.identifier.citationIAAE Annual Conference, 2019, 25-28 June, Nicosia, Cyprusen_US
dc.identifier.urihttps://hdl.handle.net/20.500.14279/25843-
dc.description.abstractShipping freight rates are notoriously volatile and shipping investors are perceived to be risk loving. The paper explores the stochastic properties of freight rates in the shipping industry and derives the analytical equations for their moments in downside and upside markets by using a two-piece extension of the generalized error distribution. Pricing equations developed across shipping segments show how conditional risk and conditional skewness are priced along with their risk spillover effects. Results reveal the existence of a positive skewness premium, suggesting that shipping investors are willing to accept lower expected returns for the opportunity to earn high pay-offs in the future.en_US
dc.formatpdfen_US
dc.language.isoenen_US
dc.subjectStochastic propertiesen_US
dc.subjectFreight ratesen_US
dc.titleFreight Rates in Downside and Upside Markets: Pricing of Own and Spillover Risks from Other Shipping Segmentsen_US
dc.typeConference Papersen_US
dc.linkhttps://editorialexpress.com/conference/IAAE2019/program/IAAE2019.htmlen_US
dc.collaborationCyprus University of Technologyen_US
dc.subject.categoryEconomics and Businessen_US
dc.countryCyprusen_US
dc.subject.fieldSocial Sciencesen_US
dc.publicationPeer Revieweden_US
dc.relation.conferenceIAAE Annual Conferenceen_US
cut.common.academicyear2018-2019en_US
item.grantfulltextnone-
item.languageiso639-1en-
item.cerifentitytypePublications-
item.openairecristypehttp://purl.org/coar/resource_type/c_c94f-
item.openairetypeconferenceObject-
item.fulltextNo Fulltext-
crisitem.author.deptDepartment of Finance, Accounting and Management Science-
crisitem.author.deptDepartment of Finance, Accounting and Management Science-
crisitem.author.deptDepartment of Finance, Accounting and Management Science-
crisitem.author.facultyFaculty of Tourism Management, Hospitality and Entrepreneurship-
crisitem.author.facultyFaculty of Management and Economics-
crisitem.author.facultyFaculty of Management and Economics-
crisitem.author.orcid0000-0001-6562-4816-
crisitem.author.orcid0000-0001-5556-2594-
crisitem.author.orcid0000-0003-1866-2590-
crisitem.author.parentorgFaculty of Management and Economics-
crisitem.author.parentorgFaculty of Management and Economics-
crisitem.author.parentorgFaculty of Management and Economics-
Εμφανίζεται στις συλλογές:Δημοσιεύσεις σε συνέδρια /Conference papers or poster or presentation
CORE Recommender
Δείξε τη σύντομη περιγραφή του τεκμηρίου

Page view(s)

247
Last Week
1
Last month
6
checked on 7 Νοε 2024

Google ScholarTM

Check


Όλα τα τεκμήρια του δικτυακού τόπου προστατεύονται από πνευματικά δικαιώματα