Showing 1 - 6 of 6
This paper examines the impact of mass media and information and commu- nications technologies (ICT) as knowledge-based infrastructures on economic development. The results suggest that both mass media and ICT penetra- tion are negatively associated with corruption. This result holds across both...
Persistent link: https://www.econbiz.de/10011071188
Orderings of income distribution in terms of inequality should be closely related to orderings in terms of risk. Using … a novel mult-country questgionnaire experiment we examine the basis for this claim in terms of respondents …' distributional perceptions. We show that in terms of both inequality and risk individuals consistently reject one of the standard …
Persistent link: https://www.econbiz.de/10010746203
economically and statistically significant negative impact on risk-adjusted returns of approximately 1-2 percentage points, holding … constant other relevant factors. The use of explicit limits on asset allocation can be a blunt instrument for regulating risk …-taking, in that they impede investment managers’ ability to exploit the benefits of portfolio diversification, and thus distort …
Persistent link: https://www.econbiz.de/10011126157
Relying on a Constant Relative Risk Aversion utility function, we use panel data for Argentina to compute risk …-adjusted income and poverty measures and to analyze their determinants. Taking risk into account increases poverty. The regression …
Persistent link: https://www.econbiz.de/10010746011
risk. To do so, the article unravels the much-misunderstood experiences of eight Norwegian municipalities whose investments … analytical concepts—“the fetishization of the knowledge of risk” and “fictitious distance”—to help explain how the crisis spread …
Persistent link: https://www.econbiz.de/10011126446
We examine individuals’ distributional orderings in a number of contexts. This is done by using a questionnaire-experiment … flavours include inequality, risk, social welfare and justice. The issue of personal involvement in the distributional …
Persistent link: https://www.econbiz.de/10011071116