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profitability of the merged entity and to stand-alone profits, and we investigate the extent to which this private information makes …
Persistent link: https://www.econbiz.de/10010315578
paperinclude prospect theory, the Allais paradox, the computation ofinherent reward and risk, the mean-variance CAPM, and …
Persistent link: https://www.econbiz.de/10010324420
This paper applies the dichotomous theory of choice by Zou (2000a) tothe analysis of investmentstrategies and security …
Persistent link: https://www.econbiz.de/10010324569
We use newly-available Indian panel data to estimate how the returns to planting-stage investments vary by rainfall realizations. We show that the forecasts significantly affect farmer investment decisions and that these responses account for a substantial fraction of the inter-annual...
Persistent link: https://www.econbiz.de/10010369064
simultaneously risen in most countries. Moreover, the gross profitability of firms seems to be lower in high-tax countries, even …
Persistent link: https://www.econbiz.de/10010427548
We explore how changes in ownership and managerial control affect the productivity and profitability of producers … gains in capacity utilization that raised both their productivity and profitability levels, consistent with acquiring owner …
Persistent link: https://www.econbiz.de/10011506790
This paper analyzes the profitability of investments in private photovoltaic modules (PV-Modules) in Germany … carry out an investment in private PV-Modules. However, we show that profitability based on the net present value under … consideration of taxation depends on various assumptions. Moreover we analyzed calculations of profitability of firms that sell PV …
Persistent link: https://www.econbiz.de/10010303891
This paper shows that the eurozone payment system does not effectively protect member states from speculative attacks. Suspicion of a departure from the common currency induces a terminal outflow of central bank money in weaker member states. TARGET2 cannot inhibit this drain but only protects...
Persistent link: https://www.econbiz.de/10012030926
This paper shows that the eurozone payment system does not effectively protect member states from speculative attacks. Suspicion of a departure from the common currency induces a terminal outflow of central bank money in weaker member states. TARGET2 cannot inhibit this drain but only protects...
Persistent link: https://www.econbiz.de/10011932093
This paper develops an economic framework to analyze the exchange rate of virtual currency. Three components are important: first, the current use of virtual currency to make payments; second, the decision of forward-looking investors to buy virtual currency (thereby effectively regulating its...
Persistent link: https://www.econbiz.de/10011564722