Showing 1 - 10 of 39
This thesis first presents India’s economy and financial system’s recent history and current issues. Then, with an emphasis on the recent turmoil period, it studies the question of financial integration in various markets: equity markets are dealt with in the 1st chapter, CDS spreads are...
Persistent link: https://www.econbiz.de/10011212049
In this paper, we investigate the interactions between public debt and transfer policies in a framework based on Floden [2001], that we extend to allow for transitional dynamics between steady states. First, we show that, starting from a high level of public debt, it is possible to implement a...
Persistent link: https://www.econbiz.de/10010861360
The main purpose of this succinct paper consists on bringing to discussion some arguments that oppose to the idea that the capitalization pension system is advantageous under macroeconomic aspect.
Persistent link: https://www.econbiz.de/10011072362
This review of the literature presents the main tools and results of research at the crossroads between finance and macroeconomics. The literature seeks to jointly analyze the economic cycle and fluctuations in financial-asset prices.Our article follows this approach:we offer a critical analysis...
Persistent link: https://www.econbiz.de/10010706944
We present an econometric analysis of the effect of long term nutritional conditions on school achievement. We control potential selectivity bias, which is common in this literature, (i) either by restricting the sample, (ii) or by applying a two step Heckman procedure. For Malagasy data, we...
Persistent link: https://www.econbiz.de/10011072904
This paper aims at assessing the robustness of demographic projections to different assumptions on mortality, fertility and migration. It builds on a small-scale simulation model for 23 OECD countries, which reproduces closely national projections under similar demographic assumptions. Up to...
Persistent link: https://www.econbiz.de/10010707952
answer this question, the paper focuses on the problem of investment and innovation in an ex ante regulated sector. Relying … sector by delaying or cancelling investment projects, especially (but not only) concerning the construction of new … infrastructures. We also argue that ex ante regulation is distorting investment itself: incremental investment is privileged as …
Persistent link: https://www.econbiz.de/10011166384
funds, their investment in private equity is about 20 times larger. Asset size is an important determinant of the decision … appears to be an important factor in explaining the difference in private equity investment, but it is not sufficient to …
Persistent link: https://www.econbiz.de/10011166505
This paper contributes to research on organizational slack. The slacks integrated into capital expenditure have been little studied. The economic crisis in 2008-2009 represents a good opportunity to analyze these slacks. A longitudinal case study has been carried out in an industrial company...
Persistent link: https://www.econbiz.de/10011166554
Mutual funds industry has been sought by French politicians as mediation between the popular savings and company’s investments through the financial markets. Questioning the link between finance and industry requires analyzing the effectiveness of this mediation. This article intends firstly...
Persistent link: https://www.econbiz.de/10011199615