Showing 1 - 10 of 13
to the risk of adverse selection. Caracterizar el grado de asimetría informativa ocupa un papel predominante en la …
Persistent link: https://www.econbiz.de/10005212531
The focus of this paper is to analyze the evolution of spatial distribution of aggregate economic activity in the European Union during the period 1980-2002. The proposed methodology has as basis to incorporate, systematically, both the distance and the spatial interdependence among the analyzed...
Persistent link: https://www.econbiz.de/10005731122
We use conjoint analysis to analyze consumer preferences on protected naturalareas, including the reduction of the risk of fires. Three attributes are considered:biodiversity, dimension of the natural area and the economic contribution that wouldhave to be made for its maintenance and...
Persistent link: https://www.econbiz.de/10005515837
This paper aims to analyse the underlying factors of varied behaviour shown in the store set of purchase of households during a time period (temporal variation). In order to examine whether there are differences between households with and without shopping varied behaviour, a Bayesian Separate...
Persistent link: https://www.econbiz.de/10005515864
The objective of this study is to analyze the macroeconomic performance of 16 Ibero- American countries over the period 1980- 199 1. Macroeconomic performance is defined as the ability of a country's macroeconomic managers to provide four welfare-enhancing economic services to their citizens: a...
Persistent link: https://www.econbiz.de/10005731123
This paper examines the reaction of the Spanish continuous market to the announcement of securitisation operations by listed banks in the period 1993-2003. Results indicate the existence of positive and significant abnormal returns on the day immediately following the announcement date. The...
Persistent link: https://www.econbiz.de/10005731154
In this work a non parametric approach is used in order to evaluate the relative efficiency of a sample of firms …
Persistent link: https://www.econbiz.de/10008602600
In a previous work, Forner and Marhuenda (2001) find that the contrarian strategy, thatis, the forming of a zero-investment portfolio that buys the stocks that have performed poorly inthe past (losers) and sells those that have performed well (winners), does not yield abnormallypositive returns...
Persistent link: https://www.econbiz.de/10005515799
The aim of this paper is to analyse the efficiency of the travel agencies operatingin Spain, and to examine the … determining factors of such efficiency, in terms of verticalintegration, market concentration, size and performance. The … methodology employed is based on different techniques for the measurement of the efficiency (stochastic frontier production …
Persistent link: https://www.econbiz.de/10005515859