Q1 2017 Market ChartBook
... the second quarter, with international equity markets taking the lead relative to the US. Improving global growth, sustained global trade and structural reforms including initiatives in India, Indonesia, Argentina and Brazil have helped drive markets upward. Attractive valuations relative to US mark ...
... the second quarter, with international equity markets taking the lead relative to the US. Improving global growth, sustained global trade and structural reforms including initiatives in India, Indonesia, Argentina and Brazil have helped drive markets upward. Attractive valuations relative to US mark ...
Bid-Ask Spreads for Trading Chinese Stocks Listed on Domestic
... one stock that changed the proportion of its tradable B-shares. We further exclude 22 firms that hit the daily price limit during the sample period. Our final sample of B-shares contains 43 stocks in Shanghai and 43 stocks in Shenzhen. ...
... one stock that changed the proportion of its tradable B-shares. We further exclude 22 firms that hit the daily price limit during the sample period. Our final sample of B-shares contains 43 stocks in Shanghai and 43 stocks in Shenzhen. ...
The Demand for Currency Substitution.
... Economics: The Open-Access, Open-Assessment E-Journal 2______________________________________________________________________________ ...
... Economics: The Open-Access, Open-Assessment E-Journal 2______________________________________________________________________________ ...
... out that the difference between social responsibility and sustainability is worth to know. Sustainability is often illustrated as the entity could be used for a long time. If a property is been said to be sustainable, it is usually means that new technical innovation is incorporated to allow the use ...
Why do foreign firms have less idiosyncratic risk than U.S.... Söhnke M. Bartram, Gregory Brown, and René M. Stulz*
... This paper is connected closely to three strands of recent research. The first literature our work relates to is the research that, following Morck, Yeung, and Yu (2000), investigates the determinants of the market model R2 across countries. In the R2 literature, the average R2 in a country is negat ...
... This paper is connected closely to three strands of recent research. The first literature our work relates to is the research that, following Morck, Yeung, and Yu (2000), investigates the determinants of the market model R2 across countries. In the R2 literature, the average R2 in a country is negat ...
Ch - Special projects
... have the potential to reduce transaction costs for stock buyers, in that a higher price per share means that a given dollar investment will involve the purchase of fewer shares.] So is there value in stock splits or dividends? A cynical view of the process is that managers like to keep the stock pr ...
... have the potential to reduce transaction costs for stock buyers, in that a higher price per share means that a given dollar investment will involve the purchase of fewer shares.] So is there value in stock splits or dividends? A cynical view of the process is that managers like to keep the stock pr ...
A price floor for Australia`s emissions trading scheme?
... stable, let alone to reduce them. Turning Australia’s emissions trajectory around would be a useful benchmark of successful climate policy. To get this underway, what matters most is a solid expectation of medium term carbon prices (Jotzo 2011). The proposed model of a fixed price permit scheme conv ...
... stable, let alone to reduce them. Turning Australia’s emissions trajectory around would be a useful benchmark of successful climate policy. To get this underway, what matters most is a solid expectation of medium term carbon prices (Jotzo 2011). The proposed model of a fixed price permit scheme conv ...
The Role of Private International Financial Capital Flows in Support
... the business environment within those countries (Sundaram, 2006). In the wake of outflows, these countries instituted tools such as minimum stay periods or a moratorium on repatriation to try to minimize disruptions to their stock of foreign exchange. Others ...
... the business environment within those countries (Sundaram, 2006). In the wake of outflows, these countries instituted tools such as minimum stay periods or a moratorium on repatriation to try to minimize disruptions to their stock of foreign exchange. Others ...
Quantifying Liquidity and Default Risks of Corporate Bonds over the
... Q in dZtQ and ζijQ to simply write dZt and ζij where no confusion can arise. As is standard in the asset pricing literature, we can obtain valuations for any asset as ...
... Q in dZtQ and ζijQ to simply write dZt and ζij where no confusion can arise. As is standard in the asset pricing literature, we can obtain valuations for any asset as ...
criminal asset recovery in the eu - Europol
... types of assets, but have faced problems because of the lack of harmonised statistics. There is still a knowledge gap around the value of frozen/seized/confiscated assets at EU level. Measuring the amount and value of frozen/seized/confiscated assets is an important element for assessing the effecti ...
... types of assets, but have faced problems because of the lack of harmonised statistics. There is still a knowledge gap around the value of frozen/seized/confiscated assets at EU level. Measuring the amount and value of frozen/seized/confiscated assets is an important element for assessing the effecti ...
Country spreads and emerging countries: Who drives whom?
... wrongly assumes that the spread is completely independent of domestic conditions, the change in the interest rate would be interpreted as an exogenous innovation, and therefore part of the accompanying expansion would be erroneously attributed to a spread shock, when in reality it was entirely cause ...
... wrongly assumes that the spread is completely independent of domestic conditions, the change in the interest rate would be interpreted as an exogenous innovation, and therefore part of the accompanying expansion would be erroneously attributed to a spread shock, when in reality it was entirely cause ...
Spillovers from United States Monetary Policy on Emerging Markets
... between what we call “signal shocks” (which affect expectations of future short-term policy rates), and “market shocks” (which affect longer-term rates through a variety of channels). Controlling for the size of monetary policy shocks (the surprise or unexpected component of announcements) is essent ...
... between what we call “signal shocks” (which affect expectations of future short-term policy rates), and “market shocks” (which affect longer-term rates through a variety of channels). Controlling for the size of monetary policy shocks (the surprise or unexpected component of announcements) is essent ...
AND ... AND ... AND ... Reiterating Financial Derivation
... apart from providing the financial markets with ever new business opportunities, makes financial instruments like options and futures the potential turning point, the crisis, the utmost risk, the pure possibility, of any economic reality. Stated another way, reiterative derivation is the opening of ...
... apart from providing the financial markets with ever new business opportunities, makes financial instruments like options and futures the potential turning point, the crisis, the utmost risk, the pure possibility, of any economic reality. Stated another way, reiterative derivation is the opening of ...
Depression Babies
... sectional differences in risk-taking and life-time average returns, and from changes of those crosssectional differences over time, but not from common variation over time. For example, our data show that young households in the early 1980s, having experienced the dismal stock returns of the 1970s, ...
... sectional differences in risk-taking and life-time average returns, and from changes of those crosssectional differences over time, but not from common variation over time. For example, our data show that young households in the early 1980s, having experienced the dismal stock returns of the 1970s, ...
DuPont analysis - Fisher College of Business
... However, changes in PM and ATO, especially in opposite directions, could signal FFR. (This is because the articulation of the income statement and balance sheet ensures that income-affecting FFR impacts operating income and net operating assets in the same direction, thus causing PM and ATO to move ...
... However, changes in PM and ATO, especially in opposite directions, could signal FFR. (This is because the articulation of the income statement and balance sheet ensures that income-affecting FFR impacts operating income and net operating assets in the same direction, thus causing PM and ATO to move ...
1 - Kansas State University
... 5. Profit-Share Penalties In this section, we show that profit-share penalties unambiguously provide enhanced incentives for investment in quality. Let the expected profits for the firm be given by (12) [ R( p, qˆ ) C (Q, k )][1 F (q B , k ) s ], where the limited-liability constraint is ...
... 5. Profit-Share Penalties In this section, we show that profit-share penalties unambiguously provide enhanced incentives for investment in quality. Let the expected profits for the firm be given by (12) [ R( p, qˆ ) C (Q, k )][1 F (q B , k ) s ], where the limited-liability constraint is ...
The supplementary minimum price scheme
... the question "what would have been the short- and long-run impacts on the New Zealand pastoral sector if there had not been an SMP Scheme?" The model is solved over the period 1978/79 - 1989/90 for the two cases of the SMP payments being included, then exclUded, from the prices received by producers ...
... the question "what would have been the short- and long-run impacts on the New Zealand pastoral sector if there had not been an SMP Scheme?" The model is solved over the period 1978/79 - 1989/90 for the two cases of the SMP payments being included, then exclUded, from the prices received by producers ...
PDF
... Two methods commonly used to estimate demand are econometrics, a positive approach, and primal optimization, a normative approach (Konyar and Knapp). The two methods are quite distinct, in part because they use different information. If historic data is available, employing a positive approach allow ...
... Two methods commonly used to estimate demand are econometrics, a positive approach, and primal optimization, a normative approach (Konyar and Knapp). The two methods are quite distinct, in part because they use different information. If historic data is available, employing a positive approach allow ...
