Similar Search Results

Value of Improved Information about Forest Protection Values, with Application to Rainforest Valuation

Strand, Jon - 2015

What is the utility from obtaining more precise values of natural resource objects (rainforests), through surveys or other similar information gathering? In the value of information problems studied here, a principal who wishes to preserve a resource sets a price to offer to a seller without...

Persistent link: https://www.econbiz.de/10012245709

The financial costs of the U.S.-China trade tensions : evidence from East Asian stock markets

De Nicola, Francesca; Kessler, Martin; Nguyen, Ha - 2019

This paper examines the impacts of U.S.-China trade tensions via the lens of East Asian stock markets. Studying 10 indices of the main East Asian stock markets, it finds that announcements of "trade war" escalation translated into 50 to 60 percent of the total declines in two major Chinese stock...

Persistent link: https://www.econbiz.de/10012167933

The Dark Side of Disclosure : Evidence of Government Expropriation from Worldwide Firms

Liu, Tingting - 2015

This paper studies the effects of voluntary accounting information disclosure through auditing on firm access to finance, exposure to corruption, and sales growth. Relying on a data set of more than 70,000 firms in 121 countries, the analysis finds that disclosure can be a double-edged sword. On...

Persistent link: https://www.econbiz.de/10012246153

A new tail-based correlation measure and its application in global equity markets

Liu, Jinjing - 2019

The co-dependence between assets tends to increase when the market declines. This paper develops a correlation measure focusing on market declines using the expected shortfall (ES), referred to as the ES-implied correlation, to improve the existing value at risk (VaR)-implied correlation....

Persistent link: https://www.econbiz.de/10012004764

Assessing the international comovement of equity returns

Abate, Girum Dagnachew; Servén, Luis - 2018

The international comovement of equity returns has been viewed as reflecting either pervasive common shocks or local linkages between countries. This paper brings these perspectives together by assessing the comovement of equity returns in a dynamic model that allows for both common factors and...

Persistent link: https://www.econbiz.de/10011902919

Financial Globalization and Market Volatility : An Empirical Appraisal

Cordella, Tito - 2017

This paper computes a new financial globalization index for a large sample of countries for 1992-2016. Unlike other measures, the financial globalization index corrects for the heteroscedasticity of global volatility. This leads to a downward adjustment of financial globalization trends for...

Persistent link: https://www.econbiz.de/10012246024

The Information Content of Capital Controls

Nie, Owen - 2020

Capital controls, policy measures used by governments to regulate cross-country financial flows, have become standard policy options in many emerging market economies. This paper will focus on what capital controls reveal about the state of the economy and the implications of such revelation for...

Persistent link: https://www.econbiz.de/10012647731

Firm compliance and public disclosure in Vietnam

Hollweg, Claire H. - 2019

Global consumers, international brands, and governments in producing and outsourcing countries aim to improve working conditions in global value chains, but uncertainty exists about what is the best approach. This research uses firm-level data from the International Labour...

Persistent link: https://www.econbiz.de/10012121165

Improving Transparency and Accountability in Public-Private Partnerships : Disclosure Diagnostic Report - Honduras

World Bank (contributor) - World Bank - 1905

A joint Government of Honduras and World Bank team conducted a study in Honduras between January and June 2017, using … the Public-Private Partnership (PPP) Disclosure Diagnostic template recommended by the World Bank Framework for Disclosure … assessment exercise with key political, legal, institutional, and process findings benchmarked against the World Bank Framework …

Persistent link: https://www.econbiz.de/10012645242

Sustainable Investment : Best Practice Disclosure Checklist for Pension Funds

World Bank Group - 2020

There are compelling reasons for asset owners - in particular large pension funds and sovereign wealth funds - to adopt sustainable investment, and for governments to support them in these endeavors. First, asset owners have a key role to play in providing the capital that supports national...

Persistent link: https://www.econbiz.de/10012647096

1
2
3
4
5
6
7
8
9
10
Next
Last