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Abdul Wahid, Muhammad Zubair Mumtaz, Edmund Mantell
Pág. pp. 245 - 271
Initial Public Offerings are, by definition, not seasoned securities. They have not been subjected to valuation by the community of investors. It is often difficult or impossible to forecast their future cash flows because most do not have a long history...
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Muhammad Zubair Mumtaz, Zachary Alexander Smith
Pág. 89 - 124
This study empirically examines the spillover effect from US monetary policy to nineteen European economies using Markov-switching models. The results of the univariate Markov-switching models validate the presence of two distinct regimes for both US mon...
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Muhammad Zubair Mumtaz, Zachary A. Smith, Ather Maqsood Ahmed
Pág. pp. 71 - 95
This paper estimates the short-run performance of IPOs issued on the Karachi Stock Exchange in Pakistan. The present study extends the existing literature concentrating on the degree of underpricing over a 3-month period lasting from the listing date to ...
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