Showing 1 - 10 of 1,873
Persistent link: https://www.econbiz.de/10008552936
Following a brief review of the recent history of GDP-linked instruments, this paper proposes a set of tools to examine the quantitative properties of GDP-linked warrants. It argues that trigger conditions should be clearly identifiable and payment amounts easily calculable. Based on a design...
Persistent link: https://www.econbiz.de/10005604979
We propose and implement a framework for characterizing and monitoring the global business cycle. Our framework utilizes high-frequency data, allows us to account for a potentially large amount of missing observations, and is designed to facilitate the updating of global activity estimates as...
Persistent link: https://www.econbiz.de/10008839326
Purpose The purpose of this paper is to examine the effect of financial distress costs, corporate growth rate, and flexibility on the interaction between ownership structure and corporate debt policy. Design/methodology/approach The authors test the hypotheses by employing simultaneous equations...
Persistent link: https://www.econbiz.de/10014883838
Purpose The purpose of this introductory paper is to provide a broad overview of the significance of this theme issue. Design/methodology/approach The introductory paper draws from macro data of tourism growth in various countries and highlights the rapid rate of tourism growth in many,...
Persistent link: https://www.econbiz.de/10015037789
Three distinct strands can be identified in the literature on seasonality. Economists have long been interested in removing high-frequency "noise" from individual economic time series, or "deseasonalizing the data" in common parlance. The second strand, on which an extensive technical literature...
Persistent link: https://www.econbiz.de/10009475672
The purpose of this study is to evaluate the influence of economic policy uncertainty in determining the FDI inflow for 19 economies with higher incomes between 2000 and 2021. Using the panel Ardl approach, the data were examined. The dynamic fixed effect approach was selected for assessing the...
Persistent link: https://www.econbiz.de/10015074348
We study the effect of the high-skilled emigration rate on the growth rate of the source countries. We incorporate the foreign direct investment and the policy variables into the panel model and also their interactions with the high-skilled emigration rate, as they are related to the network...
Persistent link: https://www.econbiz.de/10015397874
This study investigates the effect of high-skilled inventor emigration rate on growth rate of the country of origin (COO). Inventor emigrants represent the human capital that can generate highly innovative work. The social network they form spurs knowledge diffusion and technology transfer back...
Persistent link: https://www.econbiz.de/10015397936
the median residential dwelling sold from one period to another and the zonal shares of residential property prices, the …
Persistent link: https://www.econbiz.de/10011482575