Hai cercato la traduzione di biaya administrasi da Indonesiano a Inglese

biaya
cost

administrasi niaga
state administration

biro administrasi akademik
student academic administration bureau

mahasiswa administrasi bisnis
participant

5.1. anggaran dan biaya
5.1. budget and costs

biaya anomali pasar perdagangan
is there a gap between the pro tability of a trading strategy on paper and that which can be achieved in practice? we answer this question by developing two new techniques to measure the real-world implementation costs of nancial market anomalies. the rst method extends fama-macbeth regressions to compare the on-paper returns to factor exposures with those achieved by mutual funds. the second method estimates average return dierences between stocks and mutual funds matched on risk characteristics. unlike existing approaches, these techniques deliver estimates of implementation costs without estimating parametric microstructure models from trading data or explicitly specifying factor trading strategies. after accounting for implementation costs, typical mutual funds earn low returns to value and no returns to momentum.

membantu buat salinan dokumen untuk memudahkan keperluan administrasi
help make copies of documents to facilitate administrative needs