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liquidity. Liquidity will be understood as cash, that is, we are leaving aside assets of lesser degree of liquidity than cash …. The article begins with the Keynesian view about the value of liquidity followed by an exploration of the value of … message of all models is clear. Liquidity always has a positive value, being differentiated in the measurement of it by the …
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Different definitions of sustainability and of the empirical counterparts of the variables involved are reviewed in the paper by Michael Artis and Massimiliano Marcellino. They apply retrospective tests for fiscal sustainability along the lines of the paper by Fernandez and de Cos to EU...
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Using data for 28 European countries for the 2008-2012 period, we examine whether employed individuals are affected by the economic crisis. We provide robust evidence that unfavourable macroeconomic conditions are negatively associated with the life satisfaction of employees. In addition, we...
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show that a crisis exerts a significant positive effect over financial performance as well as liquidity, assets turnover …
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