Paper
... However, these two studies have only used the transactions for which prices are available. We look at all transfers of home ownership, either through inheritance or through purchase, and we also include the transactions for which we do not have a price. Table 1, Panel A, provides key information abo ...
... However, these two studies have only used the transactions for which prices are available. We look at all transfers of home ownership, either through inheritance or through purchase, and we also include the transactions for which we do not have a price. Table 1, Panel A, provides key information abo ...
DT - European Parliament
... satisfying, since we are talking about professional investors that tend to make rational investment decisions based on the underlying data of the performance of a product. In the search for an explanation we need to assess both demand and supply side to explain the lack of appetite in the European s ...
... satisfying, since we are talking about professional investors that tend to make rational investment decisions based on the underlying data of the performance of a product. In the search for an explanation we need to assess both demand and supply side to explain the lack of appetite in the European s ...
Pricing Flood Insurance - Resources for the Future
... These other goals make the NFIP fundamentally distinct from a private insurance company and may make the analogy to the private sector a poor one. The NFIP aims to encourage communities to implement regulations governing floodplain development, seeks to have widespread participation in the program, ...
... These other goals make the NFIP fundamentally distinct from a private insurance company and may make the analogy to the private sector a poor one. The NFIP aims to encourage communities to implement regulations governing floodplain development, seeks to have widespread participation in the program, ...
Financial Innovation: The Bright and the Dark Sides
... than 1,500 banks across the same sample countries, we find that a higher level of financial innovation is associated with higher bank risk taking and fragility, especially among banks with smaller market shares, lower loan-asset ratios and higher growth rates. This suggests that smaller banks, banks ...
... than 1,500 banks across the same sample countries, we find that a higher level of financial innovation is associated with higher bank risk taking and fragility, especially among banks with smaller market shares, lower loan-asset ratios and higher growth rates. This suggests that smaller banks, banks ...
Your source for in-depth agricultural news
... $0.14 to $12.02 per bushel. If these prices are realized and current production costs for corn and soybeans do not change, the net return from soybean production will remain strong, but the return from corn production will be much smaller than the past four years. However, price expectations can qu ...
... $0.14 to $12.02 per bushel. If these prices are realized and current production costs for corn and soybeans do not change, the net return from soybean production will remain strong, but the return from corn production will be much smaller than the past four years. However, price expectations can qu ...
all in the family or public? law and appropriative costs as
... the owner. The gross value of the …rm once it becomes public is Vp ( S) and is increasing in the amount of external …nance received so that Vp0 ( S) 0 (the value of this derivative is assumed to be high enough at su¢ ciently low levels of S so as to justify going public in at least some cases). The ...
... the owner. The gross value of the …rm once it becomes public is Vp ( S) and is increasing in the amount of external …nance received so that Vp0 ( S) 0 (the value of this derivative is assumed to be high enough at su¢ ciently low levels of S so as to justify going public in at least some cases). The ...
Our currency, your problem? The global effects of the euro debt crisis
... their government bond yields. Finally, we …nd that the euro depreciates across the board, but other key exchange rates appear to be only marginally a¤ected. In terms of the transmission channels, the countries’ risk rating appears to be an important determinant, though not always with the expected s ...
... their government bond yields. Finally, we …nd that the euro depreciates across the board, but other key exchange rates appear to be only marginally a¤ected. In terms of the transmission channels, the countries’ risk rating appears to be an important determinant, though not always with the expected s ...
FREE Sample Here
... 32. Which type of finance position focuses on preparing firm financial plans and the evaluation of the firm’s financial ratios? a. Financial analyst b. Capital budgeting analyst c. Cash manager d. Portfolio manager ANS: A PTS: 1 DIF: M REF: 1.1 The Role of Corporate Finance in Modern Business NAT: R ...
... 32. Which type of finance position focuses on preparing firm financial plans and the evaluation of the firm’s financial ratios? a. Financial analyst b. Capital budgeting analyst c. Cash manager d. Portfolio manager ANS: A PTS: 1 DIF: M REF: 1.1 The Role of Corporate Finance in Modern Business NAT: R ...
THE IMPACT OWNERSHIP STRUCTURE ON THE
... Gupta et al, (2010) cited some studies showing contradictory results about the relationship between increased uses of debt in capital structure and financial performance. Ghosh, Nag and Sirmans (2000), Berger and Bonaccorsi di Patti (2006) reported a positive relationship between leverage and financ ...
... Gupta et al, (2010) cited some studies showing contradictory results about the relationship between increased uses of debt in capital structure and financial performance. Ghosh, Nag and Sirmans (2000), Berger and Bonaccorsi di Patti (2006) reported a positive relationship between leverage and financ ...
Stocks and the Stocks-to-Use Ratio: Are They
... Before beginning the actual discussion there are some fundamental concepts to consider. These are important because once these details about basic economics and the market are fully understood, it can be seen how occurences in the marketplace that are commonly attributed to changes in the SUR are of ...
... Before beginning the actual discussion there are some fundamental concepts to consider. These are important because once these details about basic economics and the market are fully understood, it can be seen how occurences in the marketplace that are commonly attributed to changes in the SUR are of ...
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... and institutional development cannot be dismissed a priori, although it clearly matters more in the latter case In addition to macroeconomic attributes such as the stage of development, demographic profile, and the government budget balance, the legal environment and the level of institutional devel ...
... and institutional development cannot be dismissed a priori, although it clearly matters more in the latter case In addition to macroeconomic attributes such as the stage of development, demographic profile, and the government budget balance, the legal environment and the level of institutional devel ...
The Term Structure of Money Market Spreads
... credit and liquidity factors with returns, highlighting the importance of time-varying risk premia in explaining LOIS spreads. This paper relates to recent empirical work that has decomposed the increase in spreads such as Taylor and Williams (2008), McAndrews et.al. (2008), and Schwarz (2009). The ...
... credit and liquidity factors with returns, highlighting the importance of time-varying risk premia in explaining LOIS spreads. This paper relates to recent empirical work that has decomposed the increase in spreads such as Taylor and Williams (2008), McAndrews et.al. (2008), and Schwarz (2009). The ...
Institutional Investors as Blockholders
... and its maintenance over time. Maintenance is required because the ownership equilibrium, once achieved, does not remain in a static state but, rather, it is a dynamic process that exhibits deviations from, and restoration to, the state. In this dynamic process, market mechanisms such as corporate c ...
... and its maintenance over time. Maintenance is required because the ownership equilibrium, once achieved, does not remain in a static state but, rather, it is a dynamic process that exhibits deviations from, and restoration to, the state. In this dynamic process, market mechanisms such as corporate c ...
The Life-Cycle Effects of House Price Changes
... our parameterization, we show that although house price changes have limited net aggregate effects, their consumption and welfare consequences vary substantially at the individual household level and depend crucially on a household’s age and housing position. Specifically, the non-housing consumpti ...
... our parameterization, we show that although house price changes have limited net aggregate effects, their consumption and welfare consequences vary substantially at the individual household level and depend crucially on a household’s age and housing position. Specifically, the non-housing consumpti ...
Chapter 2 - Motilal Oswal
... organized and regulated exchange rather than being negotiated directly between two parties. Indeed, we may say futures are exchange traded forward contracts. Options An Option is a contract that gives the right, but not an obligation, to buy or sell the underlying on or before a stated date and at a ...
... organized and regulated exchange rather than being negotiated directly between two parties. Indeed, we may say futures are exchange traded forward contracts. Options An Option is a contract that gives the right, but not an obligation, to buy or sell the underlying on or before a stated date and at a ...
Financial distress, reorganization and corporate performance
... sion (ASIC) 1998). Growth in use of VA presents significant opportunities and challenges for accounting professionals, and it is important that accountants understand the operation of the legislation and its suitability for particular clients. For example, timely recommendation to initiate VA by pro ...
... sion (ASIC) 1998). Growth in use of VA presents significant opportunities and challenges for accounting professionals, and it is important that accountants understand the operation of the legislation and its suitability for particular clients. For example, timely recommendation to initiate VA by pro ...
Macquarie True Index Global Infrastructure Securities Fund
... investment, you are accepting the risks of that investment. It is important to understand these risks before deciding to invest. The level of risk that you are willing to accept will depend on a range of factors including your financial objectives, risk tolerance, age, investment timeframe, where ot ...
... investment, you are accepting the risks of that investment. It is important to understand these risks before deciding to invest. The level of risk that you are willing to accept will depend on a range of factors including your financial objectives, risk tolerance, age, investment timeframe, where ot ...
Blair, Theory of Firm
... Once acquired, knowledge and skills that are specialized to a given enterprise are assets that are at risk in that enterprise, and as such, they inevitably present a contracting problem for the employee and the firm. If the firm compensates the employee up front and fully for the costs of developing ...
... Once acquired, knowledge and skills that are specialized to a given enterprise are assets that are at risk in that enterprise, and as such, they inevitably present a contracting problem for the employee and the firm. If the firm compensates the employee up front and fully for the costs of developing ...
Tilting the Supply Schedule to Enhance Competition in
... supply. Back and Zender (2001) shows that, if the seller reserves the right to decrease her supply after receiving the bids, underpricing – while still possible – is severely curtailed. McAdams (2001) derives a similar result and then shows that underpricing is eliminated if the seller reserves the ...
... supply. Back and Zender (2001) shows that, if the seller reserves the right to decrease her supply after receiving the bids, underpricing – while still possible – is severely curtailed. McAdams (2001) derives a similar result and then shows that underpricing is eliminated if the seller reserves the ...