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Information and communication technologies are one of the most pervasive technologies in the world, second only to 'human intelligence' or the human brain. Thus, understanding the factors that determine the diffusion of new technologies across african countries is important to understanding the...
Persistent link: https://www.econbiz.de/10005787174
methods. With the emergence and development of Internet and computers more powerful, more sophisticated ways were emerging and … less expensive to pirate. Today hacking/software piracy has highly negative consequences, implying huge loss for both the … economy and businesses. This paper will study some determinants of hacking. It examines empirically the influence that GDP per …
Persistent link: https://www.econbiz.de/10009367982
systems, legal and organizational structures, exclusive information networks, and surveillance. We conclude that in the …
Persistent link: https://www.econbiz.de/10011112101
surveillance made the narrative report the best means to handle the diverse business credit market. By contrast, lenders in the …
Persistent link: https://www.econbiz.de/10008805903
Surveillance is integral to modern societies. This paper considers the economic forces behind surveillance, the use of … surveillance in the private sector, and the social consequences for the continued growth of surveillance over the past several … centuries. It argues that the demand for surveillance of people will grow, while the cost of providing surveillance continues to …
Persistent link: https://www.econbiz.de/10008592966
real economy, that is the securitisation of financial assets (and in particular of loans and mortgages) and the growth of … exposure to credit derivatives, mainly due to loan securitisation, may have affected the growth rate of loans over the past few … liquidity/maturity transformation function associated with securitisation activities. The results of the paper regarding the …
Persistent link: https://www.econbiz.de/10011260670
The research estimates a competing risk model of mortgage terminations on a sample of UK securitized subprime mortgages. We consider whether the variety of mortgage contracts that were securitized explains the performance of subprime securities and their supposed ‘idiosyncratic’ behaviour....
Persistent link: https://www.econbiz.de/10008756295
Money can create jobs and thereby incomes for individual households, but money can equally destroy jobs and income. Added values can be created with the assets which are based on the savings levels -the net worth of individual households- but the "money managers": a government, a central bank,...
Persistent link: https://www.econbiz.de/10011111879
The Asset Backed CDS contract was introduced in 2005 as an extension of the standard corporate CDS. It generally trades under the ISDA "pay-as-you-go'' (PAUG) confirmation which handles the unique features of ABS - amortization, principal writedowns and interest shortfalls. The current market...
Persistent link: https://www.econbiz.de/10005836359
We are neither economists nor academic scholars; however we are students of the markets having experienced the credit crunch on the front lines as institutional investors from a country that is neither in Europe nor is the United States (i.e. Canada). The credit crunch and related “Great...
Persistent link: https://www.econbiz.de/10009418495