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understanding of pricing as such, and to Land’s claim that risk-bearing vehicles and agencies tend to corrode the inherited social …’s understanding of the fundamental logic of derivatives with Jonathan Nitzan and Shimshon Bichler’s account of capital as power. Such … Bichler’s understanding of capital qua absentee ownership, with its primary ordering mechanism of differential accumulation …
Persistent link: https://www.econbiz.de/10011646702
The use of collateral has become one of the most widespread risk mitigation techniques. While it brings stabilizing … effects to the individual lender we argue that it may exacerbate systemic risk through margin call activation. We show how a …
Persistent link: https://www.econbiz.de/10008671292
understand the effect their company's capital structure will have on the pricing of their IPO. Prior research generally suggests … other potentially important determinants of a firm's optimal capital structure are ignored. High‐tech versus low‐tech firms … revisions, and under‐pricing. Findings – It is found that debt only serves as a signal of better firm quality for low‐tech IPOs …
Persistent link: https://www.econbiz.de/10014932829
the lens of the capital as power framework in IPE. I argue that the differential consumption of dominant owners is an … drive for social status and the display of positionality through differential intraclass consumption. Second, as identified …
Persistent link: https://www.econbiz.de/10011644579
We review the theoretical justification of consumption taxes in advanced economies, providing a systematic overview of … determinants of the optimal level of consumption taxation in relation to other taxes, as well as the optimal differentiation of … trade-offs in consumption taxation as well as point out important areas where more research is needed. …
Persistent link: https://www.econbiz.de/10013470297
Persistent link: https://www.econbiz.de/10009308131
Persistent link: https://www.econbiz.de/10013370468
We review the theoretical justification of consumption taxes in advanced economies, providing a systematic overview of … determinants of the optimal level of consumption taxation in relation to other taxes, as well as the optimal differentiation of … trade-offs in consumption taxation as well as point out important areas where more research is needed. …
Persistent link: https://www.econbiz.de/10013419319
Over recent decades, Australia’s trade has become increasingly oriented toward east Asia (excluding Japan). Rapid growth in economies from this region is often attributed to their export-oriented policies, with the volume of east Asian exports having increased six-fold over the past 20...
Persistent link: https://www.econbiz.de/10009146686
“excessive” and hence constitute a valid concern. The second objective is to assess the degree of capital mobility by comparing … the optimal and actual consumption smoothing current accounts. Findings – Based on vector autoregressive model, it was … (insignificant) deviation between the actual and the estimated consumption‐smoothing current account. The results show that the …
Persistent link: https://www.econbiz.de/10014863327