Showing 1 - 10 of 586
Purpose – The purpose of this article is to investigate the return associated with a Canadian dollar (C$) investment in the USA under passive, random walk, value at risk, and Sharpe ratio strategies. Design/methodology/approach – To comply with the purpose, this paper used a GARCH model, and...
Persistent link: https://www.econbiz.de/10014785238
equilibrium global dynamic agricultural simulation model. Findings – The paper shows that recent agricultural policy reforms …
Persistent link: https://www.econbiz.de/10014689610
Purpose – Over the last two decades global cross‐border investment has increased. State‐owned and managed, sovereign‐wealth funds (SWFs), largely from the emerging‐market economies, have started playing a decisive role in underpinning, sustaining and expanding financial globalization....
Persistent link: https://www.econbiz.de/10014768740
Purpose – The purpose of this paper is to analyze the effects of investment growth in energy sectors of western areas of China on the local economy and emission of carbon dioxide (CO 2 ). Design/methodology/approach – The paper is based on a two‐region, ten‐sector recursive dynamic...
Persistent link: https://www.econbiz.de/10014773445
Purpose – Seek to compare the consequences of single‐source versus multiple‐source lending for a borrower who has loans that can be prematurely terminated. Design/methodology/approach – The considered model framework is an option‐theoretic firm value model similar to Merton (1974) but...
Persistent link: https://www.econbiz.de/10014785236
Purpose – The purpose of this study is to determine the characteristics of the equilibrium between demand and supply for a reciprocal insurance firm. Design/methodology/approach – The model developed assumes a fixed number of individuals with identical characteristics and of constant...
Persistent link: https://www.econbiz.de/10014901374
Productivity bias hypothesis claims that deviation of the PPP based exchange rate from the equilibrium rate is mainly due to productivity differentials among countries. Early studies that employed cross‐sectional data in testing the hypothesis provided mixed results. A few time‐series...
Persistent link: https://www.econbiz.de/10014863036
This paper considers the distributional dynamics of a well‐known corruption index. Specifically, we are interested in evaluating whether corruption is best characterized as multimodal (i.e. pointing to clusters of countries with persistently different levels of corruption) and whether there...
Persistent link: https://www.econbiz.de/10014863040
Purpose – The purpose of this paper is to develop a model of international capital market equilibrium where investors exhibit home‐country bias due to their desire to hedge real consumption. Design/methodology/approach – This paper posits a two‐stage process of portfolio choice for the...
Persistent link: https://www.econbiz.de/10015013644
Purpose – The purpose of this paper is to analyze the effect of utility and production externalities on the equilibrium efficiency, and to devise tax policies capable of correcting the distortions caused by the external effects. Design/methodology/approach – The paper analyzes a...
Persistent link: https://www.econbiz.de/10014863204