Showing 1 - 10 of 26
Existing studies of trust formation in U.S. metropolitan areas have found that trust is lower when there is more income … groups (racial income inequality). I find that greater racial income inequality reduces trust. Also, racial fragmentation is … no longer a significant determinant of trust once racial income inequality is accounted for. I also show that racial …
Persistent link: https://www.econbiz.de/10010472550
Persistent link: https://www.econbiz.de/10000967514
Persistent link: https://www.econbiz.de/10000849420
Persistent link: https://www.econbiz.de/10000893152
This paper estimates the dynamic conditional correlations in the returns on WTI oil one-month forward prices, and one-, three-, six-, and twelve-month futures prices, using recently developed multivariate conditional volatility models. The dynamic correlations enable a determination of whether...
Persistent link: https://www.econbiz.de/10011602832
In view of the uncertainty over the ability of merging firms to achieve efficiency gains, we model the post-merger situation as a Cournot oligopoly wherein the outsiders face uncertainty about the merged entity's final cost. At the Bayesian equilibrium, a bilateral merger is profitable provided...
Persistent link: https://www.econbiz.de/10011602870
Persistent link: https://www.econbiz.de/10012234567
Persistent link: https://www.econbiz.de/10011713000
Persistent link: https://www.econbiz.de/10011786704
Persistent link: https://www.econbiz.de/10011886558