available only to subscribers. This paper argues that authors might use publication strategy as a quality signaling device. The …

the classical signaling model by Spence. If banks' returns can be observed while risk cannot, less efficient banks can …

the classical signaling model by Spence. If banks' returns can be observed while risk cannot, less efficient banks can …

available only to subscribers. This paper argues that authors might use publication strategy as a quality signaling device. The …

the classical signaling model by Spence. If banks’ returns can be observed while risk cannot, less efficient banks can …

dollar debts. This paper suggests an explanation for this worrisome phenomenon, which builds on the traditional signaling … inefficient case, the signaling effect vanishes, while all firms bear high clearance costs. We also put forward the necessary …

to accumulate ? The explanation provided in this paper builds on a simple signaling model. By assumption, lenders have no … private sector would opt for liability dollarization. In this case the signaling effect vanishes, while all firms bear high …