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During the last decade, markets for covered warrants (bank-issued options) have flourished in Europe and Asia. In these markets, investors often face a choice between many instruments that differ only slightly from each other. Based on retail trades in call options on the German DAX index, this...
Persistent link: https://www.econbiz.de/10009640343
realistic assumption of boundedly rational learning where agents are assumed to use only a limited set of information to form … Boundedly Estimated Rationality we show this approach is compatible with the same limited information assumption that was used …
Persistent link: https://www.econbiz.de/10009640692
We develop a dynamic stochastic general equilibrium model with rational inattention by households and firms. Consumption responds slowly to interest rate changes because households decide to pay little attention to the real interest rate. Prices respond quickly to some shocks and slowly to other...
Persistent link: https://www.econbiz.de/10009640770
Persistent link: https://www.econbiz.de/10009638265
Kosovo (EUOK) in improving the programming and implementation of information and communication (IC) Programmes funded by … 2015-2020 assistance, taking into consideration the lessons learned and the performance of past IPA information and … for the enlargement process. However, a strengthening of the strategic approach to information and communication would be …
Persistent link: https://www.econbiz.de/10011799481
The rapid evolution of information and communications technology (ICT) and associated digital communications over the … to enhance collaboration and information sharing; censorship circumvention technologies allow people to bypass attempts … to monitor and control information and communication flows. However, as well as unleashing tremendous new opportunities …
Persistent link: https://www.econbiz.de/10011902441
We study the relative effect of venture capital and bank finance on large manufacturing firms in local U.S. markets. Theory predicts that with venture capital, the firm size distribution should become more stretched-out to the right, but it’s ambiguous on the effect of banks on large firms....
Persistent link: https://www.econbiz.de/10009640458
Persistent link: https://www.econbiz.de/10011444990
The aims of this project are to explore recent experiences in the practice of information and consultation (I&C) at … Information and consultation practice across Europe five years after the EU Directive (Directive 2002/14/EC). The research … whether national practices ensure the adequate, effective and timely information and consultation of employees in the …
Persistent link: https://www.econbiz.de/10011863947
Persistent link: https://www.econbiz.de/10009641142