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Effect of Monetary Policies on the Relationship between Advertising and Mutual Fund Flows
Wu, Ming-Hung - 2017
between advertising and subsequent net cash flows for Taiwan's mutual fund industry. Based on a comprehensive mutual fund … dataset and allowing for a precise estimation of fund inflows and outflows, we find that there is positive advertising … advertising works well during relatively low interest rate environments, which are generally interpreted as exhibiting low cost of …
Persistent link: https://www.econbiz.de/10012956355
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The effect of monetary policies on the relationship between advertising and mutual fund flows
Wu, Ming-Hung; Tsai, Wei-Che; Chen, Miao-Ling - In: Asia-Pacific journal of financial studies 45 (2016) 5, pp. 673-704
Persistent link: https://www.econbiz.de/10011630771
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Can Creativity Be Measured in Monetary Terms?
Dobija, Dorota - 2005
Creativity is a certain feature of human nature, and one can expect it to be very complex issue determined by social … creativity must originate from the existence of a surplus above the fair salary. Human capital model allows for estimation of its …
Persistent link: https://www.econbiz.de/10012784051
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Creative Monetary Valorization
Place, Christophe - 2010
Persistent link: https://www.econbiz.de/10013145321
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The Effect of Monetary Reward on Creativity : The Role of Motivational Orientation
Wang, Kai - 2017
The prolonged debate on the effect of monetary reward on creative performance is still ongoing. Research has shown monetary rewards to have both positive and negative effects on creative performance. We contend that a person's motivational orientation moderates the effect of monetary rewards on...
Persistent link: https://www.econbiz.de/10012965910
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Dynamic corporate investment and liquidity management under model uncertainty
Wu, Yaoyao; Yang, Jinqiang; Zou, Zhentao - In: Economics letters 155 (2017), pp. 9-13
Persistent link: https://www.econbiz.de/10011821479
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Information acquisition and decision making in committees
Gerling, Kerstin; Grüner, Hans Peter; Kiel, Alexandra; … - 2003
This is a survey on the recent game theoretic literature on committee decision making. We consider theoretical work on the role of (i) strategic voting, (ii) costly information acquisition, (iii) conflicting interests, and (iv) communication in committees. Moreover, we review recent experimental...
Persistent link: https://www.econbiz.de/10009635876
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Implementing optimal control in cointegrated I(1) structural VAR models
Monti, Francesca V. - 2003
This paper examines the feasibility of implementing Linear Quadratic Gaussian (LQG) Control in structural cointegrated VAR models and sheds some light on the two major problems generated by such implementation. The first aspect to be taken into account is the effect of the presence of unit roots...
Persistent link: https://www.econbiz.de/10009635883
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Monetary and fiscal interactions in open economies
Lombardo, Giovanni; Sutherland, Alan - 2003
A two-country sticky-price model is used to analyse the interactions between fiscal and monetary policy. The role of an u0091activistu0092 fiscal policy as a stabilisation tool is considered and a measure of the welfare gains from international fiscal policy cooperation is derived. It is found...
Persistent link: https://www.econbiz.de/10009635884
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Inflation persistence and robust monetary policy design
Coenen, Günter - 2003
This paper investigates the performance of optimised interest rate rules when there is uncertainty about a key determinant of the monetary transmission mechanism, namely the degree of persistence characterising the inflation process. The paper focuses on the euro area and utilises two variants of...
Persistent link: https://www.econbiz.de/10009635885