Showing 1 - 10 of 149
This paper provides an overview of global solid waste generation, its environmental costs, and fiscal instruments that can be used to encourage waste reduction and finance proper disposal. Countries-especially island nations--struggle to manage an ever-increasing volume of solid waste,...
Persistent link: https://www.econbiz.de/10012155061
database and its ownership structure information, we show that, in most economies, domestic firms tend to employ more workers …. The analysis of the switchers (ownership changes from domestic to foreign or vice versa) suggests that ownership changes … per asset seem to come from technological differences rather than from different ownership structures …
Persistent link: https://www.econbiz.de/10012251327
metrics based on equity market valuations of bank capital are better than regulatory capital ratios, and other metrics, in …
Persistent link: https://www.econbiz.de/10012103615
total physical capital as a key input. Implicitly this assumes that private and public capital stocks are perfect … substitutes. In this paper we test this assumption by estimating a nested-CES production function whereas the two types of capital … private capital stocks for 151 countries over a period of 1960-2014 consistent with Penn World Table version 9. We find …
Persistent link: https://www.econbiz.de/10012154588
This paper examines the response of firms to capital destruction, using a new measure of firm exposure to tropical … storms as a negative exogenous shock on firms' capital stock. Drawing on a panel of Indian manufacturing firms between 1995 … industry, the sales of less productive firms decrease disproportionately more, while across industries capital destruction …
Persistent link: https://www.econbiz.de/10012391952
, particularly for industries that are more dependent on bank financing. Furthermore, valuations declined and financial conditions … tightened following announcements related to easier bank capital regulation while equity valuation rose and financial conditions …
Persistent link: https://www.econbiz.de/10012518694
The paper explores the use of accounting standards for insurer solvency assessment in the context of the implementation of IFRS 17. The paper is based on the results of a survey of 20 insurance supervisors. Overall, IFRS 17 is a welcome development but there will be challenges of implementation....
Persistent link: https://www.econbiz.de/10012300617
Trade finance is the backbone of international trade for entities ranging from a small businesses to multi-national corporations. An estimated 80 percent of world trade relies on this form of finance (WTO, 2017). Despite its systemic importance and rapid growth, data availability is only...
Persistent link: https://www.econbiz.de/10012102182
We evaluate and partially challenge the 'household leverage' view of the Great Recession. In the data, employment and consumption declined more in states where household debt declined more. We study a model where liquidity constraints amplify the response of consumption and employment to changes...
Persistent link: https://www.econbiz.de/10011905926
Persistent link: https://www.econbiz.de/10009423208