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Factors driving changes in income distribution in post-reform Mexico

Angeles-Castro, Gerardo (contributor) - 2007

After 1984 and following economic liberalisation, income inequality in Mexico has increased. Some of the main factors that have contributed to this trend are the relative expansion of the average income in the service sector in relation to the agricultural and manufacturing sectors, which is...

Persistent link: https://www.econbiz.de/10003491145

Contagion in Electricity Markets : Does it Exist?

Bollino, C. Andrea - 2011

This paper investigates the existence of contagion effects in electricity markets. The concept of contagion has been developed for high frequency financial markets, see the World Bank definition(Word Bank, 2000). Following Pick (2005) and Pesaran - Pick (2007) the paper presents a canonical,...

Persistent link: https://www.econbiz.de/10012714178

Evaluation of Optimal and Coherent Risk-Capital Structures under Adverse Market Outlooks

Al Janabi, Mazin A. M. - 2021

This paper proposes a reengineered and robust approach to optimal economic capital allocation, in a Liquidity-Adjusted Value at Risk (LVaR) framework, and particularly from the perspective of trading portfolios that have both long and short trading positions and disallowing both long-only...

Persistent link: https://www.econbiz.de/10013227397

The effects of advertising and solicitation on audit fees

Hay, D; Knechel, WR - 2010

separately examine the effect of each form of market competition on audit fees. We find that advertising is associated with … increases in fees, not decreases, which suggests that quality-based advertising took place, and not price-based advertising. In … as indicating an increase in competition among accounting firms. Our results suggest that there may be a much more …

Persistent link: https://www.econbiz.de/10009430953