Similar Search Results

An empirical analysis of current account data

Christian Aßmann - 2009

This thesis analyzes certain aspects of the current account balance and its relationship to economic growth. Employing recently developed statistical and econometric techniques for estimation of non linear models, crises phenomena connected to the balance of payments are focused. The analysis of...

Persistent link: https://www.econbiz.de/10009428990

Price Transmission and Adjustment in the Ethiopian Coffee Market

Alemu, Zerihun Gudeta; Worako, Tadesse Kumma - 2009

This study focused on the interrelationships among producer, auction and world prices. In so doing, it criticized previous studies and extended technique developed by Hansen (1999) to handle inferential biases occurring as a result of specification errors. The following results were found:...

Persistent link: https://www.econbiz.de/10009444810

Livestock Policy and Institutional Environment in Ethiopia: implications for fodder policy and adoption

Dessie, Messaye Taddele - 2009

African countries, the profile of livestock production in Ethiopia is well researched but there appears to be a detachment … literature reviews to evaluate Ethiopia’s livestock policy and how it could be improved to better serve the interests of poor … livestock keepers. In addition, it reviews the roles played by the Government of Ethiopia, national and international research …

Persistent link: https://www.econbiz.de/10009449567

Receivables Securitization and the Non-Financial Firm

Korgaonkar, Sanket - 2009

Since the start of the financial crisis, various forms of securitization have been criticized for causing the problems experienced. The amount of Asset Backed Commercial Paper outstanding fell drastically in the middle of 2007 drawing our attention to this market. Our study focuses on the use of...

Persistent link: https://www.econbiz.de/10009438964

How capital structure adjusts dynamically during financial crises

Ariff, Mohamed; Taufiq, Hassan; Shamsher, Mohamad - 2008

The availability of a unique data set of financially distressed firms enabled this study to apply the dynamic capital structure adjustment model to a study of capital structure. In addition, the factors driving capital structure adjustment of financially distressed and of healthy firms were...

Persistent link: https://www.econbiz.de/10009441702

Measuring efficiency of the Farm Credit System

Dang, Trang; Leatham, David J. - 2011

The paper measures the U.S. Farm Credit System’s technical efficiency from 2000 to 2009 using a stochastic frontier production function model with quarterly unbalanced panel data. The paper's results suggest that the FCS has not efficiently utilized their inputs. On an average, the system...

Persistent link: https://www.econbiz.de/10009444361

Setting an Agenda for Monetary Reform

D’Arista, Jane - 2009

The role played by monetary policy in creating the conditions that culminated in the current crisis and the failure of the Fed’s efforts to end the credit freeze in 2008 are critical components of the analysis needed as a backdrop for reform. This paper argues that the link between excess...

Persistent link: https://www.econbiz.de/10009467796

The Bonus-Driven “Rainmaker” Financial Firm: How These Firms Enrich Top Employees, Destroy Shareholder Value and Create Systemic Financial Instability

Crotty, James - 2009

We recently experienced a global financial crisis so severe that only massive rescue operations by governments around the world prevented a total financial market meltdown and perhaps another global Great Depression. One necessary precondition for the crisis was the perverse, bonus-driven...

Persistent link: https://www.econbiz.de/10009468162

Analyzing the Effects of Credit Rating Changes, the Recent Financial Crisis and Other Variables on Firms' Debt Levels

Wasserman, Sean M - 2011

This paper utilizes a sample of firms over the years 2000–2009 to test the effects of credit rating changes, the financial crisis, interest rates, and other variables on short-term, long-term, and total debt levels on the balance sheet. Each independent variable was created using a one year...

Persistent link: https://www.econbiz.de/10009468733

The Effects of the 2008 Financial Crisis on the Role Of Bank Characteristics in Pricing of Loans in the Leveraged Loan Market

Sullivan, Kevin T. - 2011

The financial crisis of 2008 had systemic implications in the financial services industry spilling over into sectors such as the leverage loan market. I use regression analysis between two data sets (before and after the crisis) to understand the determinants of loan spreads for corporate loans...

Persistent link: https://www.econbiz.de/10009468760