Narrow search
Showing 1 - 10 of 719
Cover Image
Firm Performance and Managerial Turnover:The Case of Ukraine
Muravyev, Alexander; Talavera, Oleksandr; Bilyk, Olʹga A. - Institut zur Zukunft der Arbeit <Bonn> - 2009
The paper studies whether and how CEO turnover in Ukrainian firms is related to theirperformance. Based on a novel dataset covering Ukrainian joint stock companies in 2002-2006, the paper finds statistically significant negative association between the pastperformance of firms measured by return...
Persistent link: https://www.econbiz.de/10009360623
Cover Image
The Effects of Uncertainty and CorporateGovernance on Firms' Demand for Liquidity
Baum, Christopher F.; Chakraborty, Atreya; Han, Liyan; … - Boston College / Department of Economics - 2009
We find that U.S. corporations' demand for liquidity is sensitive to two importantfactors: uncertainty facing the rm … important role inmanaging liquidity risks. Policy recommendations may not only be limited to changesin financial policy but may …
Persistent link: https://www.econbiz.de/10009302540
Cover Image
Bericht zur Tragfähigkeitder öffentlichen Finanzen
Deutschland / Bundesministerium der Finanzen - 2005
Die Auswirkungen der demographischenEntwicklung auf die öffentlichen Finanzenwerden seit geraumer Zeit sowohl aufnationaler als auch auf internationalerEbene intensiv diskutiert. In Deutschlandist die Bundesregierung bereits heute gesetzlichverpflichtet, über die mittel- undlangfristigen...
Persistent link: https://www.econbiz.de/10005870586
Cover Image
Das japanische GesellschaftsrechtEntwicklungen und Eigentümlichkeiten
Ito, Yuji - Institute for Law and Finance <Frankfurt, Main> - 2011
Der folgende Aufsatz ist eine geringfügig überarbeitete Version eines Vortrags über das japanischeGesellschaftsrecht anlässlich der im August 2010 veranstalteten Summer School für japanischesRecht an der Goethe-Universität Frankfurt am Main1. Der Vortrag war nicht nur an Juristen...
Persistent link: https://www.econbiz.de/10009347567
Cover Image
MONETARY POLICY AND UNEMPLOYMENT
Galí, Jordi - National Bureau of Economic Research <Cambridge, Mass.> - 2010
Much recent research has focused on the development and analysis of extensions of the New Keynesianframework that model labor market frictions and unemployment explicitly. The present paper describessome of the essential ingredients and properties of those models, and their implications for...
Persistent link: https://www.econbiz.de/10005870350
Cover Image
The impact of interest rate policy on stock market bubbles and trading behavior
Fischbacher, Urs; Hens, Thorsten; Zeisberger, Stefan - Universität <Konstanz> / Fachbereich …; … - 2011
as liquidity in the stock market is reduced atthe same time as interest rates increase. …
Persistent link: https://www.econbiz.de/10009249007
Cover Image
The Barnett Critique After Three Decades:A New Keynesian Analysis
Belongia, Michael T.; Ireland, Peter N. - Boston College / Department of Economics - 2010
This paper extends a New Keynesian model to include roles for currency and depositsas competing sources of liquidity …
Persistent link: https://www.econbiz.de/10009302532
Cover Image
The financial turmoil of 2007–?: a preliminary assessment and some policy considerations
Borio, Claudio E. V. - Bank für Internationalen Zahlungsausgleich <Basel> - 2008
The unfolding financial turmoil in mature economies has prompted the official and private sectors to reconsider policies, business models and risk management practices. Regardless of its future evolution, it already threatens to become one of the defining economic moments of the 21st century....
Persistent link: https://www.econbiz.de/10009305089
Cover Image
Why Does Overnight Liquidity Cost More ThanIntraday Liquidity?
Bhattacharya, Joydeep; Haslag, Joseph H.; Martin, Antoine - Iowa State University of Science and Technology <Ames, … - 2007
optimal payments system design. In our environment, the interestcharged on overnight liquidity a¤ects output while the cost of … intraday liquidity onlyaffects the distribution of resources between money holders and non-money holders.The low cost of … intraday liquidity follows from the Friedman rule and it is optimalto deviate from the the Friedman rule with respect to …
Persistent link: https://www.econbiz.de/10009360831
Cover Image
Measures of excess liquidity
Polleit, Thorsten; Gerdesmeier, Dieter - Frankfurt School of Finance & Management - 2005
The aim of this note is to provide an overview of various measures of “excess liquidity”,which can be defined as the … deviation of the actual stock of money from an estimated equilibriumlevel. Given their dynamic nature, the excess liquidity … pricepressures. In addition, excess liquidity measures consider inflation as a purely monetary phenomenon:neither the “output gap …
Persistent link: https://www.econbiz.de/10005865778