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analyses which include a focus on China, Japan, Brazil, and South Africa, this paper not only highlights why there is need for … between systemic risk and information asymmetries – hence the justification for greater focus on information channels as well …
Persistent link: https://www.econbiz.de/10011107937
This paper not only considers why many concentrated ownership structured systems and jurisdictions are considering a shift to the Anglo American style of corporate governance, but also explores why the traditional principal agency theory model may no longer apply in many concentrated ownership...
Persistent link: https://www.econbiz.de/10011109640
This paper not only considers why many concentrated ownership structured systems and jurisdictions are considering a shift to the Anglo American style of corporate governance, but also explores why the traditional principal agency theory model may no longer apply in many concentrated ownership...
Persistent link: https://www.econbiz.de/10011112064
This study investigates whether accessibility shapes the attractiveness of residential land as predicted by theory. A spatial hedonic analysis is conducted for the metropolitan area of Berlin, Germany, using a large set of georeferenced property transactions and micro-level data. We find that...
Persistent link: https://www.econbiz.de/10005619568
that land market transactions involve huge amount of investments and a higher level of risk. A close watch at the movements …
Persistent link: https://www.econbiz.de/10008577631
risk. To measure local knowledge and wisdom of the community statistically new model has developed through primary data …
Persistent link: https://www.econbiz.de/10011259857
insurance cost, risk factors, community characteristics, and household attributes on flood insurance purchase for residential … price and hold greater flood insurance coverage (controlling for value of asset at risk). We find support for rational … choice in the coastal zone, with flood insurance coverage positively correlated in the level of flood risk. We find evidence …
Persistent link: https://www.econbiz.de/10005025690
Disaster risk is a major concern in a developing country like India as people living in disaster prone regions of the … eastern Uttar Pradesh, India) is highly susceptible to floods with a major flood occurring every ten years and smaller ones … happening every one-two years. The data is drawn from primary household surveys undertaken in the study area for flood affected …
Persistent link: https://www.econbiz.de/10008633347
Economists have been noting for decades that Consumer Price Index (CPI) in the developed countries is overstating inflation by 0,5−2,0% per year. A significant part of the bias is due to the presence of technology products and differentiated products in the CPI basket. An increase share of...
Persistent link: https://www.econbiz.de/10005789601
The paper describes a theoretical approach to determine the downturn LGD for residential mortgages, which is compliant with the regulatory requirement and thus suited to be used for validation, at least as it can give benchmark results. The link between default rates and recovery rates is in...
Persistent link: https://www.econbiz.de/10008674261