首页    期刊浏览 2024年12月04日 星期三
登录注册

文章基本信息

  • 标题:FINANCIAL INVESTMENT TIMING STRATEGIES UNDER THE INFLUENCE OF COUNTRIES ECONOMICAL CYCLE. THE CASE OF LITHUANIA
  • 本地全文:下载
  • 作者:Adamauskas, Saulius ; Krušinskas, Rytis
  • 期刊名称:ECONOMICS AND MANAGEMENT
  • 印刷版ISSN:1822-6515
  • 出版年度:2012
  • 卷号:17
  • 期号:1
  • 页码:45-54
  • DOI:10.5755/j01.em.17.1.2250
  • 语种:English
  • 出版社:Kaunas University of Technology
  • 摘要:After the analysis of scientific studies and evaluation of available research results, which all of themconfirm the investors’ financial management efficiency based on well timed management of investmentdecisions, main problem is identified - investor’s choice of investment instruments under influence ofdifferent economic cycle periods. The purpose of article defined – to select the appropriate financialinvestment timing strategies according countries economical cycle stages, based on the case of Lithuaniaeconomical cycle. After the financial investment timing strategies analysis, equity shares and funds wereassigned for economic growth period; meanwhile commodities, bonds and deposits in the banks wereassigned for recession period. The results of Hodrick-Prescott filter application showed, that Lithuanianeconomical cycle continued from 2004 Q2 till 2010 Q1. These periods can be viewed as the effectivetimescales of financial investment and strategies defined can be used to reflect investment decisionsaccording country’s economical cycle. Research methods used are based on systematic literature analysis,mathematical statistics methods, logical comparative and generalization analysis.DOI: http://dx.doi.org/10.5755/j01.em.17.1.2250
  • 关键词:Countries economical cycle; Hodrick-Prescott filter; investment strategies; investment timing
国家哲学社会科学文献中心版权所有