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Showing 1 to 1 of 1 for “"Fixed income market; Equity market; Non-bank financial institution"”.
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The sensitivity of returns of non-bank financial institutions to the fixed income and equity markets
… over-concentrated on the relationship between bank stock returns and interest rate changes without paying much attention to the impact of interest rates on non-bank financial institutions, in particular the insurance and real estate industries. This research attempts to examine the sensitivity …