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English Abstract: The development of the Polish corporate bonds market resulted from changes on the supply side. When the Lehman Brothers went bankrupt, Polish entrepreneurs realized that financing their companies' operations only with the use of credit, even if contracted from different...
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I estimate a single factor model of Swiss exchange rates during World War I for five of the primary belligerents: Britain, France, Italy, Germany, and Austria-Hungary. At the outbreak of the war these nations suspended convertibility of their currencies into gold with the promise that after the...
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preliminary phase of their economic development, but which have large capital needed to finance their growth and investment … capital on the stock market, it is necessary to find for them correct growth and efficiency ratios, which will present their … their market value, described separately by the stock market index. The measures of growth, development and efficiency of …
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