Showing 1 - 8 of 8
In this paper we examine the effects of trade liberalisation on inequality in the small developing country of Nepal. We use a Computable General Equilibrium approach applied to a newly developed social accounting matrix, simulating three liberalisation scenarios: (i) import liberalisation; (ii)...
Persistent link: https://www.econbiz.de/10011048848
This paper examines whether or not unleaded petrol prices (at Australia's 18 wholesale distribution terminals) respond …
Persistent link: https://www.econbiz.de/10010737981
This paper discovers the driving forces behind Latvian firms' decisions to adjust prices by using various panel logit models, which explain the probability of observing price change by a broad set of exogenous variables. The results show that the consumer price formation in Latvia is a...
Persistent link: https://www.econbiz.de/10010588240
In this paper, we analyze firms' pricing behavior using a full informative micro dataset that accounts for a large part of Italian firms. In our view, “the black boxes” to examine are the relations between price setting, market structure and spatial disparities. The paper aims to extend the...
Persistent link: https://www.econbiz.de/10011048758
fund market. Our first theoretical finding is that a distribution channel that is integrated with an asset management … company has an incentive to charge higher distribution fees than an independent channel: a vertically integrated distribution …
Persistent link: https://www.econbiz.de/10010719350
Unlike options, warrant issuance changes the distribution of the stock price process. Indeed, firms issuing warrants … are also debt financed. In this situation, it is natural to consider the distribution of the stock price process for a … distribution of a firm issuing both debt and warrants. We also apply the theoretical results to the risk-management. Moreover, some …
Persistent link: https://www.econbiz.de/10010636304
Energy markets and the associated energy futures markets play a crucial role in global economies. It is of great theoretical and practical significance to gain a deeper understanding of extreme value statistics of the volatility of energy futures traded on the New York Mercantile Exchange...
Persistent link: https://www.econbiz.de/10011048820
This paper analyzes the interplay of economic growth, (re-)distribution and policies when the latter are set …
Persistent link: https://www.econbiz.de/10011048837