Essec\Faculty\Model\Contribution {#2233
  #_index: "academ_contributions"
  #_id: "2209"
  #_source: array:26 [
    "id" => "2209"
    "slug" => "pension-funds-and-stock-market-crashes"
    "yearMonth" => "2001-06"
    "year" => "2001"
    "title" => "Pension Funds and Stock Market Crashes"
    "description" => "LONGIN, F. (2001). Pension Funds and Stock Market Crashes. <i>La Revue de l'AFPEN</i>, pp. 5-12."
    "authors" => array:1 [
      0 => array:3 [
        "name" => "LONGIN François"
        "bid" => "B00000328"
        "slug" => "longin-francois"
      ]
    ]
    "ouvrage" => ""
    "keywords" => []
    "updatedAt" => "2021-07-13 14:30:46"
    "publicationUrl" => null
    "publicationInfo" => array:3 [
      "pages" => "5-12"
      "volume" => null
      "number" => null
    ]
    "type" => array:2 [
      "fr" => "Articles"
      "en" => "Journal articles"
    ]
    "support_type" => array:2 [
      "fr" => "Revue professionnelle"
      "en" => "Professional journal"
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => ""Krach boursier" : une expression magique qui attire l'attention de tout investisseur financier. Cet article, écrit par François Longin, fait suite à un article récemment publié dans la revue de l'AFPEN qui avait pour but de présenter la théorie des valeurs extrêmes. Nous montrons maintenant comment cette théorie statistique peut être utilisée pour obtenir des résultats quantitatifs sur les mouvements extrêmes de prix. Plus précisément, nous estimons la probabilité et la période de retour de tels événements. Cette information peut être utile pour connaître les risques d'un fond de pension et les gérer."
      "en" => ""Stock Market Crashes": a magic expression, which will definitely attract the attention of every financial investor. This article, by François Longin, is the follow-up of an article published in the APFEN Review which objective was to present the extreme value theory. It now shows how this statistical theory can be used to obtain some quantitative results about such extreme price movements. More precisely, the probability of a stock market crash and its waiting time period are estimated. Such information may be useful to assess the market risk of a pension fund and to manage this risk."
    ]
    "authors_fields" => array:2 [
      "fr" => "Finance"
      "en" => "Finance"
    ]
    "indexedAt" => "2024-12-21T16:21:43.000Z"
    "docTitle" => "Pension Funds and Stock Market Crashes"
    "docSurtitle" => "Articles"
    "authorNames" => "<a href="/cv/longin-francois">LONGIN François</a>"
    "docDescription" => "<span class="document-property-authors">LONGIN François</span><br><span class="document-property-authors_fields">Finance</span> | <span class="document-property-year">2001</span>"
    "keywordList" => ""
    "docPreview" => "<b>Pension Funds and Stock Market Crashes</b><br><span>2001-06 | Articles </span>"
    "docType" => "research"
    "publicationLink" => "<a href="#" target="_blank">Pension Funds and Stock Market Crashes</a>"
  ]
  +lang: "fr"
  +"_type": "_doc"
  +"_score": 9.269113
  +"parent": null
}