Showing 1 - 10 of 2,437
The aim of this paper is to enhance transparency and competition in Australia's mortgage market by examining the …
Persistent link: https://www.econbiz.de/10010784949
Purpose – The purpose of this paper is to investigate the incremental value relevance of cash flow from operations (CFO) given book value and earnings. It also examines the relative value relevance of earnings and CFO and changes therein between the 2008-2009 global financial crisis (GFC) and...
Persistent link: https://www.econbiz.de/10010686130
This chapter analyzes the geography of Australia's international portfolio investment using the International Monetary … the pattern of Australia's capital flows not match that of its trade flows; (b) which bilateral factors are responsible … for explaining Australia's portfolio equity investment holdings; and (c) are cultural, informational factors important in …
Persistent link: https://www.econbiz.de/10008871132
countries and in their subsidiary companies in Australia. The case studies revealed the emergence of 'hybrid' forms of …
Persistent link: https://www.econbiz.de/10011169742
In response to the 2008-2009 global financial crisis (GFC), several governments across the world, including Australia …-Ricardian. For this reason, Abdullaev and Kónya (2010, 2012) test the Ricardian equivalence (RE) hypothesis for Australia over the … in the conditional model for domestic savings and henceforth RE does not hold in Australia. …
Persistent link: https://www.econbiz.de/10011130102
Economic stress and uncertainty is argued to increase older adults’ vulnerability to physical health decline and mental distress. Nevertheless, there is a paucity of research that examines the relationship between a large historical economic event, such as the recent global financial crisis...
Persistent link: https://www.econbiz.de/10011042437
Stationarity of the current account is suggested as an indicator of the current account sustainability in the literature. We explore the presence of mean-reverting behaviour in current accounts of 24 European countries, using linear and nonlinear unit root tests. Our results suggest mean...
Persistent link: https://www.econbiz.de/10010941534
This note tests current account sustainability in Bulgaria from 1967 to 2004. Empirical analysis adopts various unit root and cointegration tests with structural breaks. Evidence of a long run relation between exports and imports in Bulgaria is shown, despite the financial crisis of 1996/8....
Persistent link: https://www.econbiz.de/10010534378
Any difference that arises between the level of domestic saving and investment is reflected in the nation's current account position. Both domestic saving and investment can be sub-divided into private and public sector components, and gaps between these two variables can be easily computed....
Persistent link: https://www.econbiz.de/10009295276
Large shifts in countries’ external current account positions can be disruptive, often reflecting sudden stops in the flows of external finance and leading to exchange rate and banking crises. As a result, an empirical literature has emerged on the sustainability of, and the determinants of...
Persistent link: https://www.econbiz.de/10008727271