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formulate a model of financing. New Keynesian theory emphasizes that a firm’s net worth influences investment decisions and … bank’s lending reaction to the net worth ratio is more elastic than investment reaction. When the steady state is the …
Persistent link: https://www.econbiz.de/10010186054
1980). During the past century, the United States has overtaken the United Kingdom and became the leading world economy … the second world war (WW2), and its subsequent come-back; (iii) the remarkable catching-up of the United States by France … organisational changes and knowledge spillovers. Most recently (in 2006), before the current world crisis, hourly labour productivity …
Persistent link: https://www.econbiz.de/10010080120
This study examines the relationships between the employment and foreign direct investment (FDI) in Malaysia. The …
Persistent link: https://www.econbiz.de/10010009045
encouraging investments. After 1980 in Turkey, together with the globalisation process experienced in the World, fundamental … determine the effects of developments experienced in the World on incentive policies. As a conclusion, changes in the tax … future. -- investment incentive ; tax incentives ; financial incentives ; priority regions for development ; SMEs (small and …
Persistent link: https://www.econbiz.de/10010118416
Spain and Ireland might seem at first to feature very different labour markets, which go from very tight to very flexible labour conditions. Our analysis, however, goes beyond this simplistic argument and brings to light some important similarities. For this purpose, we estimate a dynamic...
Persistent link: https://www.econbiz.de/10010118876
analyzing the impacts of investment horizon and target terminal wealth on the performance of the Dollar Cost Averaging (DCA …) investment strategy in comparison with the Value Averaging (VA) investment strategy. According to the findings, with increased … length of investment horizon and/or lowered target terminal wealth, the Value Averaging (VA) investment strategy will have …
Persistent link: https://www.econbiz.de/10010148094
investment rate has been falling for a long time and is still low by international standards. The calculations in this study … indicate that Germany has shown an annual investment gap of three percent on average since 1999. This means that Germany needs … average investment gap of around 75 billion euros each year. Calculations by DIW Berlin for the purposes of this study …
Persistent link: https://www.econbiz.de/10010148270
Several new models are used to eliminate lack of classic methods in valuation of investment decisions. Finding an … answer for the question “which method is used to value investment” is important for investor to decide right investment … investment project. Furthermore, AHP method is utilized to determine elements that are used in project valuation process. Whereas …
Persistent link: https://www.econbiz.de/10010058689
Persistent link: https://www.econbiz.de/10008393073
The main result of this paper consists in the resolution of the inverse problem for the Black-Cox (1976) model, using the method proposed by Sukhomlin (2007). Based on the backward approach, we obtain an exact expression of the implied volatility expressed as a function of quantifiable market...
Persistent link: https://www.econbiz.de/10009957380