Similar Search Results

Firm Decisions under Jump-Diffusive Dynamics

Deopa, Neha - 2020

We present a model of firm investment under uncertainty and partial irreversibility in which uncertainty is represented by a jump diffusion. This allows to represent both the continuous Gaussian volatility and the discontinuous uncertainty related to information arrival, sudden changes and large...

Persistent link: https://www.econbiz.de/10012849793

ONCE BITTEN, TWICE SHY:EXPERIENCES OF A BANKING CRISISAND EXPECTATIONS OF FUTURE CRISES

Mudd, Shannon; Valev, Neven - William Davidson Institute <Ann Arbor, Mich.> - 2009

Survey data from Bulgaria show that people who had experienced a loss during a banking crisisare significantly more likely to expect a new crisis. This result holds despite 12 years betweenthe earlier crisis and the survey, and the dramatically improved performance of the financialsector and the...

Persistent link: https://www.econbiz.de/10009360504

The role of securitization in mortgage renegotiation

Agarwal, Sumit; Amromin, Gene; Ben-David, Itzhak; … - 2011

We study the effects of securitization on renegotiation of distressed residential mortgages over the current financial crisis. Unlike prior studies, we employ unique data that directly observe lender renegotiation actions and cover more than 60% of the U.S. mortgage market. Exploiting...

Persistent link: https://www.econbiz.de/10010292147

Market-Based loss mitigation practices for troubled mortgages following the financial crisis

Agarwal, Sumit; Amromin, Gene; Ben-David, Itzhak; … - 2010

The meltdown in residential real-estate prices that commenced in 2006 resulted in unprecedented mortgage delinquency rates. Until mid-2009, lenders and servicers pursued their own individual loss mitigation practices without being significantly influenced by government intervention. Using a...

Persistent link: https://www.econbiz.de/10010292190

Why do banks reward their customers to use their credit cards?

Agarwal, Sumit; Chakravorti, Sujit; Lunn, Anna - 2010

Using a unique administrative level dataset from a large and diverse U.S. financial institution, we test the impact of rewards on credit card spending and debt. Specifically, we study the impact of cash-back rewards on individuals before and during their enrollment in the program. We find that...

Persistent link: https://www.econbiz.de/10010292197

Do women top managers help women advance? A panel study using EEO-1 records

Kurtulus, Fidan Ana; Tomaskovic-Devey, Donald - 2011

The goal of this study is to examine whether women in the highest levels of management ranks of firms help reduce … barriers to advancement in the workplace faced by women. Using a panel of over 20,000 private-sector firms across all … industries and states during 1990-2003 from the U.S. Equal Employment Opportunity Commission, we explore the influence of women …

Persistent link: https://www.econbiz.de/10010287854

Economic or non-economic factors: What empowers women?

Swain, Ranjula Bali; Wallentin, Fang Yang - 2008

Microfinance programs like Self Help Group Bank linkage program (SHG), aim to empower women through provision of … greater impact on empowering women. Using household survey data on SHG from India, a general structural model is adopted where … the latent women empowerment and its latent components (economic factors and financial confidence, managerial control …

Persistent link: https://www.econbiz.de/10010321453

Does Microfinance Empower Women? Evidence from Self Help Groups in India

Bali Swain, Ranjula; Wallentin, Fan Yang - 2007

between microfinance and women's empowerment. This paper contributes by arguing that women empowerment takes place when women …Microfinance programs like the Self Help Bank Linkage Program in India have been increasingly promoted for their … positive economic impact and the belief that they empower women. However, only a few studies rigorously examine the link …

Persistent link: https://www.econbiz.de/10010321634

Capital flow types, external financing needs, and industrial growth: 99 countries, 1991-2007

Aizenman, Joshua; Sushko, Vladyslav - 2011

We examine the differential impact of portfolio debt, portfolio equity, and FDI inflows on 37 manufacturing industries, 99 countries, 1991-2007, extending Rajan-Zingales (1998). We utilize external finance dependence measures in a series of cross-sectional regressions of manufacturing...

Persistent link: https://www.econbiz.de/10010288139

Linking farmers to futures market in India

Chatterjee, Tirtha; Raghunathan, Raghav; Gulati, Ashok - 2019

Farmers, especially small and marginal, do not directly trade in agri-futures market in India. Their small size, lack of trust and understanding of futures market and dependence on middlemen, are some of the main deterrents. The role of Farmer Producer Organizations (FPOs) is crucial in this...

Persistent link: https://www.econbiz.de/10012099554