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Evidence on international capital flows suggests that foreign direct investment (FDI) is less volatile than other financial flows. To explain this finding, I model international capital flows under the assumptions of imperfect enforcement of financial contracts and inalienability of FDI....
Persistent link: https://www.econbiz.de/10005119449
. Therefore, we prefer to use the UPR as an alternative to the Sharpe ratio, as it gives a more adequate evaluation of the use of …
Persistent link: https://www.econbiz.de/10005413128
Data Envelopment Analysis (DEA) is a linear programming based method for evaluating performance of comparable production units such as firms. Although the method is already extensively applied in many areas of economics, its use in environmental economics and related fields remains limited. The...
Persistent link: https://www.econbiz.de/10005556149
The Commitment to Development Index of the Center for Global Development rates 21 rich countries on the “development-friendliness” of their policies. It is revised and updated annually. In the 2004 edition, the component on foreign assistance combines quantitative and qualitative measures of...
Persistent link: https://www.econbiz.de/10005118812
Evaluation quality is a function of methodological and data inputs. This paper argues that there has been inadequate … investment in methodology, often resulting in low quality evaluation outputs. With an increased focus on results, evaluation … people, so attention to sound methodology matters. This paper explores three areas in which evaluation can be improved. First …
Persistent link: https://www.econbiz.de/10005124860
Based on administrative data from the federal employment office in Germany, we apply matching techniques to estimate the stepping-stone function of temporary agency work for the unemployed, i.e. its short-run and long-run effects on their future employment prospects. Our results show that...
Persistent link: https://www.econbiz.de/10005125736
This paper evaluates bank exit regimes in selected financial centres using econometric methods. The focus is on bank exit regimes applicable to commercial banks in New York, London, Frankfurt, Helsinki and Tokyo in 1998–2002. Bank exit regimes are studied from the perspective of bank creditors...
Persistent link: https://www.econbiz.de/10005134896
of an evaluation lies not in its (apparent) incontrovertibility but rather in its clarity of assumptions and in its …
Persistent link: https://www.econbiz.de/10005118810
Très souvent perçue en tant qu’instrument de jugement a posteriori, l’évaluation a entre autre été conçue comme méthode … le bilan d’une situation. Dans la pratique, l’évaluation, appliquée sous une forme opérationnelle, suppose l’emploi de …’appliquent à ce même objet. L’évaluation reste donc étroitement liée à des notions purement théoriques et se heurte encore à des …
Persistent link: https://www.econbiz.de/10005118921
now that the model has become an auto-nomous, unreflected item in international accounting standards and law allowing … "creative" accounting. There is no economial relation between the future value of an underlying and it's current volatility …
Persistent link: https://www.econbiz.de/10005125491