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Persistent link: https://www.econbiz.de/10010511958
assessed. Using detailed plot-level data from rural Pakistan, we find that non-contractible investment is underprovided on … in investment effort alone cannot explain this inefficiency. Instead, imperfect commitment appears to be the driving … mechanism, since even plots taken on fixed rent contracts where all the rent is paid upfront receive lower investment than owner …
Persistent link: https://www.econbiz.de/10012562711
This study is conducted to find out the factors contributing towards Investment Inertia among Investors in Pakistan in … secondary data was taken from State Bank of Pakistan's “Handbook of Statistics of Pakistan Economy 2015”. The Investment pattern … in Pakistan are making more investment in Gold (a dead Investment) as its price is continuously increasing showing a …
Persistent link: https://www.econbiz.de/10012918431
opportunistic expropriation or holdup. The authors find evidence of such underinvestment on tenanted land in rural Pakistan. Using …-specific investment is lower on leased plots. This result is robust to the possible effects of asymmetric information in the leasing … market. Greater tenure security also increases land-specific investment on leased plots. Moreover, variation in tenure …
Persistent link: https://www.econbiz.de/10012553651
-attribution in the Lahore Stock Exchange market as a predictor of investment decisions in terms of age, gender, education level, and …
Persistent link: https://www.econbiz.de/10012832096
opportunistic expropriation or holdup. The authors find evidence of such underinvestment on tenanted land in rural Pakistan. Using …-specific investment is lower on leased plots. This result is robust to the possible effects of asymmetric information in the leasing … market. Greater tenure security also increases land-specific investment on leased plots. Moreover, variation in tenure …
Persistent link: https://www.econbiz.de/10012748102
Persistent link: https://www.econbiz.de/10012507986
I introduce a general equilibrium model with active investors and indexers. Indexing causes market segmentation, and the degree of segmentation is a function of the relative wealth of indexers in the economy. Shocks to this relative wealth induce correlated shocks to discount rates of index...
Persistent link: https://www.econbiz.de/10012905258
must be addressed by the legislator in order to remedy the situation. These factors can seriously impede investment and …
Persistent link: https://www.econbiz.de/10011941996
subsequently in the long-term. Investment specialists will manage the investments and spread the risks through careful … that influence an investor’s decision in unit trust investment, particularly in a Malaysian setting. The purpose of this … study is to analyse the factors that influence an investor’s investment decision in purchasing a unit trust. This paper aims …
Persistent link: https://www.econbiz.de/10012131191