Actually, in the literature Great Recession itself is not attributed primarily to financial deregulation. Financial deregulation played a significant and extremely important role in the Great Recession, but saying it's the primary cause of the Great Recession would be exaggeration. It is generally agreed that root causes of the Great Recession were not just ...
Definition of delta:
Delta is the ratio that compares the change in the price of an asset, usually marketable securities, to the corresponding change in the price of its derivative.
Yes, if you are measuring the delta of a long or short position in a stock, that's meaningless because the ratio of the change in the price of a stock, to the change in the ...
Tobin's q is defined as the ratio between the market value of the firm over the replacement cost of its assets.
If you use WRDS, you can calculate it as follows:
Tobin's q = (AT + (CSHO ∗ PRCC_F) − CEQ) / AT
AT is Total Assets from Compustat/Fundamentals/Balance Sheet Items
CSHO is net number of all common shares outstanding from Compustat/...