Showing 1 - 10 of 46
a measure of total wealth is above a certain threshold. In particular, a too large initial debt makes financial …
Persistent link: https://www.econbiz.de/10010933802
stabilizing public debt. A public sector of pollution abatement is financed by taxation and by issuing public debt. Considering a … debt-output ratio. …
Persistent link: https://www.econbiz.de/10010933863
This article aims to expand existing empirical knowledge on the impact of debt level on profitability of companies. We … 2006. By using the generalized method of moments (GMM), we show that the debt affects negatively the profitability, not …
Persistent link: https://www.econbiz.de/10010755513
Current study aims to provide new empirical evidence on the impact of debt on corporate profitability. This impact can … (GMM) econometric technique on three measures of profitability ratio (PROF1, PROF2 and ROA), we show that debt ratio has no …
Persistent link: https://www.econbiz.de/10010899356
Dans cet article, nous étudions empiriquement les déterminants des spreads des obligations souveraines des pays de l'UE vis-à-vis de l'Allemagne entre 2003-2010. Nous abordons deux questions principales. Tout d'abord, nous examinons quelle proportion de la variation des spreads s'explique par...
Persistent link: https://www.econbiz.de/10011026171
proportion of debt financed firms in the industry. By introducing an additionnal upstream stage to the game, we then examine how … debt financing impacts on incentives to merge with competitors. We demonstrate that a merger involving leveraged firms …
Persistent link: https://www.econbiz.de/10010821178
Current study aims to provide new empirical evidence on the impact of debt on corporate profitability. This impact can … (GMM) econometric technique on three measures of profitability ratio (PROF1, PROF2 and ROA), we show that debt ratio has no …
Persistent link: https://www.econbiz.de/10010821293
The financial crisis has turned into a real economic crisis and then into a public finance crisis: its political and social implications show very obviously, even to the most unaware people, how much economic matters are a social and political phenomenon. Is political economy going to be more...
Persistent link: https://www.econbiz.de/10010605307
In this paper we investigate the relationship between inequality and the environment in a growing economy from a political economy perspective. We consider an endogenous growth economy, where growth generates pollution and a deterioration of the environment. Public expenditures may either be...
Persistent link: https://www.econbiz.de/10010750774
The purpose of this paper is to examine the international trade cooperation in order to determine the sustainable cooperative tariff rates in a political economy perspective. This paper establishes a tariff-setting game among two countries as a two-phase game : negotiation phase and...
Persistent link: https://www.econbiz.de/10010750902