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improvement, need for relevant, reliable, timely and effective information in decision making in order to achieve performance … goals have led us to think about performance measurement as a consequence of fair assessment. …
Persistent link: https://www.econbiz.de/10010679589
International migrants who seek protection also participate in the economy. Thus the policy of the United States to drastically reduce refugee and asylum-seeker arrivals from 2017 to 2020 might have substantial and ongoing economic consequences. This paper places conservative bounds on those...
Persistent link: https://www.econbiz.de/10013351856
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In this paper we compare the profitability of a merger to the profitability of a partial ownership arrangement and find that partial ownership arrangements can be more profitable for the acquiring and acquired firm because they can result in a greater dampening of competition. We also derive...
Persistent link: https://www.econbiz.de/10003925257
long as the seller conserves. This contradiction implies that the market for conservation cannot be efficient and … conservation is likely to fail. A leasing market is inefficient for similar reasons and dominates the sales market if and only if …
Persistent link: https://www.econbiz.de/10009764409
capital firm examines the difficulties of creating a venture capital market in a bank-based financial system. The analysis …), arguing that the existence of an active stock market is a necessary, but by no means sufficient condition for the development …
Persistent link: https://www.econbiz.de/10011506429
After describing the essential features of the book market, a welfare analysis of the fixed book price agreement is … market is one of imperfect competition, but even so the cross-subsidy argument is unlikely to be valid. A qualitative …
Persistent link: https://www.econbiz.de/10011507914
To investigate how fuel economy is valued in the Indian car market, we compute the cost to Indian consumers of … hedonic price functions for four market segments (petrol hatchbacks, diesel hatchbacks, petrol sedans, and diesel sedans) to … associated present value of fuel savings falls within the 95 percent confidence interval for some specifications, in all market …
Persistent link: https://www.econbiz.de/10013125922
Safe assets are demanded to smooth consumption across states (both intertemporally and in cross-section). Some of these assets are supplied publicly (government bonds) and some are created and supplied privately (such as mortgagebacked securities and asset-backed securities). Private assets are...
Persistent link: https://www.econbiz.de/10013087882