Showing 1 - 10 of 1,134
This paper attempts to address both theoretical and practical considerations for a tax such as financial transactions … in financial markets is incomplete and imprecise, remains. However, globally, FTT remains a commonly used tax. A cross …
Persistent link: https://www.econbiz.de/10011278434
This paper attempts to address both theoretical and practical considerations for a tax such as financial transactions … financial markets is incomplete and imprecise, remains. However, globally, FTT remains a commonly used tax. A cross …
Persistent link: https://www.econbiz.de/10011807660
This study finds that stock return volatility is higher during periods of high tax policy uncertainty (TPU), even after … return volatility is more pronounced where firms are characterized by greater variability in tax outcomes. We adopt a broad … dispersion during periods of high TPU, indicating the effects of tax policy uncertainty extend to sophisticated market …
Persistent link: https://www.econbiz.de/10012973819
Research papers in empirical finance and financial econometrics are among the most widely cited, downloaded and viewed articles in the discipline of Finance. The special issue presents several papers by leading scholars in the field on “Recent Developments in Financial Economics and...
Persistent link: https://www.econbiz.de/10010778692
Persistent link: https://www.econbiz.de/10009724823
Macroeconomic factors play a pivotal role in attracting foreign investment in the country. This study investigates the relationship between macroeconomic factors and foreign portfolio investment volatility in South Asian countries. The monthly data is collected for the period ranging from 2000...
Persistent link: https://www.econbiz.de/10012969850
This paper studies a novel approach for managing macroeconomic volatility in commodity exporting countries. As part of this study, we develop a sovereign risk management model in the context of an Asset-Liability Management (ALM) framework. Our first contribution is an extension of the...
Persistent link: https://www.econbiz.de/10013004607
Earlier research has shown that euro-area primary public debt markets affect secondary markets. We find that more successful auctions of euro area public debt, as captured by higher bid-to-cover ratios, lead to lower secondary-market yields following the auctions. This effect is stronger when...
Persistent link: https://www.econbiz.de/10012956251
Economic instability in emerging countries has often been attributed to countercyclical fiscal policy. The problem is further exacerbated by income volatility caused by international commodity price fluctuations, while directional hedging, as a favourite policy response, has been both costly and...
Persistent link: https://www.econbiz.de/10012998125
Earlier research has shown that euro-area primary public debt markets affect secondary markets. We find that more successful auctions of euro area public debt, as captured by higher bid-to-cover ratios, lead to lower secondary-market yields following the auctions. This effect is stronger when...
Persistent link: https://www.econbiz.de/10011647972