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Summary In a framework of a monetary asset pricing model with production the effects of monetary and fiscal policy shocks are investigated. The model is kept simple enough to generate explicit formulae for the equilibrium price functions. With money yielding liquidity services in the exchange...
Persistent link: https://www.econbiz.de/10014608656
not available for these public establishments. Instead, debt brakes should do the job. However, debt brakes invite …
Persistent link: https://www.econbiz.de/10014630803
companies. Domestic companies' MV/BV decreases by 0.016 times for 1% increase of debt ratio while MNCs' MV/BV decreases by 0 ….048 times for 1% increase of debt-equity ratio and vice-versa. With debt-equity ratio, domestic companies' Tobin's Q is …
Persistent link: https://www.econbiz.de/10012043626
debt fit into the annual budget debate? Evaluation of debt loads help Californians assess the fiscal prudence and …
Persistent link: https://www.econbiz.de/10014589722
state has drastically increased nonguaranteed debt, has privatized the public fisc, and has devolved the authority to lay …
Persistent link: https://www.econbiz.de/10014589795
In 2008 the Ecuadorian government received a report on the legitimacy of the country's sovereign debt from an … international audit commission appointed by Ecuador's current president, Rafael Correa. This concluded that much of the debt was … altogether, engineered a successful buyback at a large discount. Having thus reduced Ecuador's external commercial debt burden by …
Persistent link: https://www.econbiz.de/10014615431
whether debt and deficits are sustainable. Unit root and co-integration tests reveal that public debt in Lebanon is not … sustainable. It is also shown that Lebanon could be heading towards a debt and exchange rate crisis, which could degenerate into a …
Persistent link: https://www.econbiz.de/10014618728
Academia plays an important role in shaping a country's cyber readiness. In the past years, nations have started investing in new cyber-related programs at colleges and universities. This also includes promoting academic exchange with partner countries, as well as putting effort into improved...
Persistent link: https://www.econbiz.de/10012043863
The early English-language promoters of Nostradamus (Orson Welles and Erika Cheetham) had strong Leftist-Marxist connections including ties to the Cambridge 5 spy ring. Nostradamus was the top search anomaly of Sept 11, 2001. Interest was driven by a surge in emails and text messages via the...
Persistent link: https://www.econbiz.de/10012043882
E-government adoption studies have often focused on predictors determining the use of e-government services from a citizen-specific country without considering other foreign nationals domiciling in such countries. This study, therefore, sought to investigate the willingness of Russian students...
Persistent link: https://www.econbiz.de/10012044273