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The transformations of the finance sector linked to the emergence of new actors (pension funds, mutual funds, hedge … companies. The theme of the influence between finance and industry is not new in the economic literature. The first thesis of … the influence of finance on industry born in the United States (with the Veblen thesis) and Europe (Hilferding, 1910) with …
Persistent link: https://www.econbiz.de/10008549975
First part: Finance is built on a three-dimension risk: risk is measured, assessed, aggregated. If the economics of the …
Persistent link: https://www.econbiz.de/10008474922
This paper proposes a new nonparametric test for conditional independence, which is based on the comparison of Bernstein copula densities using the Hellinger distance. The test is easy to implement because it does not involve a weighting function in the test statistic, and it can be applied in...
Persistent link: https://www.econbiz.de/10005101068
The topic of this paper is public financing of university education in Quebec, which is analysed from the point of view of scarcity: even governments must submit to this reality. Our argument is built around three questions: How much should society spend? How should the burden be distributed...
Persistent link: https://www.econbiz.de/10008615071
modification in the process allowed for more efficient management and more effective internal controls. Furthermore, specific data …
Persistent link: https://www.econbiz.de/10005627149