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Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply …, labor demand, and human capital. Topics discussed also include wage and employment determination, turnover, search …
Persistent link: https://www.econbiz.de/10009432547
In recent years a substantial amount of literature in one way or another deals with liquidity. The interest in it grows … measures of liquidity and publish them in the regular reports. But as in literature, there is still no consensus as what … liquidity really means and how it should be measured, or reported, understood or predicted, as the consistent summary of what …
Persistent link: https://www.econbiz.de/10009471789
mantienen si extendemos el modelo para incorporar riesgo agregado o impago estratégico ; We characterize the optimal debt-maturity … management problem of a government in a small open economy. The government issues a continuum of finite-maturity bonds in the … presence of liquidity frictions. We find that the solution can be decentralized: the optimal issuance of a bond of a given …
Persistent link: https://www.econbiz.de/10012532221
There are three reasons for attempting to reach a common understanding of the responsibilities of sovereign borrowers and their lenders. First, the flow of capital to sovereign debtors is exceptionally important to the world economy. Industrialized countries rely on it to finance their budget...
Persistent link: https://www.econbiz.de/10009471550
the one for men. This is consistent with a marriage model where the search horizon for women is shorter than the one for …
Persistent link: https://www.econbiz.de/10009450624
Es ist noch immer nicht endgültig geklärt, wie fiskalische Dezentralisierung die Höhe und Struktur der öffentlichen Ausgaben beeinflusst. Diese Dissertation analysiert daher zwei zusammenhängende Fragen. Erstens werden die Auswirkungen der fiskalischen Dezentralisierung auf die...
Persistent link: https://www.econbiz.de/10009476259
Newswire messages make up a major part of the public information set available to investors. The last decades have seen drastic changes in trading technology and the way that financial markets operate. As trading technology advances, news providers have kept pace and deliver news to market...
Persistent link: https://www.econbiz.de/10009434499
. This work presents one of the first studies of algorithmic trading and its impact on information and liquidity in equity …
Persistent link: https://www.econbiz.de/10009434601
The last decades have seen dramatic changes in trading technology and the way that financial markets operate. As trading technology advances, news providers have kept pace and deliver news to market participants around the world within fractions of a second using electronic systems. Currently,...
Persistent link: https://www.econbiz.de/10009434669
300 Australian listed firms. Agency theory is utilised as the underlying theoretical framework. The extent of financial … are slightly more popular ratios (still below 10%) with virtually no communication of the Liquidity and Cash Flow sub …
Persistent link: https://www.econbiz.de/10009434870