Narrow search
Showing 1 - 10 of 575
Cover Image
Impact of economic freedom on corruption revisited in ASEAN countries: A Bayesian hierarchical mixed-effects analysis
In: Economies 9 (2021) 1, pp. 1-16
Conceptual and applied studies assessing the linkage between economic freedom and corruption expect that economic freedom boosts economic growth, improves income, and reduces levels of corruption. However, most of them have concentrated on developed and developing groups, while the Association...
Persistent link: https://www.econbiz.de/10013199742
Cover Image
The Bayesian approach to capital allocation at operational risk: A combination of statistical data and expert opinion
Habachi, Mohamed; Benbachir, Saâd - In: International Journal of Financial Studies 8 (2020) 1, pp. 1-24
Operational risk management remains a major concern for financial institutions. Indeed, institutions are bound to manage their own funds to hedge this risk. In this paper, we propose an approach to allocate one's own funds based on a combination of historical data and expert opinion using the...
Persistent link: https://www.econbiz.de/10013200256
Cover Image
Combination of linear discriminant analysis and expert opinion for the construction of credit rating models: The case of SMEs
Habachi, Mohamed; Benbachir, Saâd - In: Cogent Business & Management 6 (2019), pp. 1-34
The construction of an internal rating model is the main task for the bank in the framework of the IRB-foundation approach the fact that it is necessary to determine the probability of default by rating class. As a result, several statistical approaches can be used, such as logistic regression...
Persistent link: https://www.econbiz.de/10012657044
Cover Image
Impact of real shocks on business cycles in selected Sub-Saharan African countries
Amu, Barnabas; Osabuohien, Evans; Alege, Philip; … - In: Cogent Business & Management 8 (2021) 1, pp. 1-18
This study examines business cycle fluctuations in selected Sub-Saharan African (SSA) countries. The study measures the impact of selected real shocks, namely: terms of trade shocks, commodity price shocks, and government spending shocks, on macroeconomic fluctuations in SSA. The impact of the...
Persistent link: https://www.econbiz.de/10014001631
Cover Image
Estimating the production function for the Brazilian industrial sector: A Bayesian panel VAR approach
Filho, Roberto Ivo Da Rocha Lima - In: Cogent Business & Management 9 (2022) 1, pp. 1-16
The scope of this paper is to estimate the production function for the Brazilian industrial sector from a longitudinal panel of the industrial sector (Annual Industrial Survey produced by the Institute of Geography and Statistics-PIA/IBGE-and the Ministry of Labour and Employment's Annual...
Persistent link: https://www.econbiz.de/10014505608
Cover Image
Household debt in different age cohorts: A multilevel study
Haq, Wajiha; Ismail, Noor Azina; Satar, NurulHuda Mohd - In: Cogent Economics & Finance 6 (2018) 1, pp. 1-16
There is a need to identify household debt behaviour in different age cohorts even in countries without prominent … household debt problems so that the measures for vulnerable groups can be made. Authors used multilevel mixed effect analysis to … test the effect of age and other variables on demand of debt. A national representative survey data of HIES (2001 …
Persistent link: https://www.econbiz.de/10011988848
Cover Image
The effect of taxes on the debt policy of spanish listed companies
Clemente-Almendros, José A.; Sogorb-Mira, Francisco - In: SERIEs - Journal of the Spanish Economic Association 7 (2016) 3, pp. 359-391
marginal tax rates affect the debt policies of Spanish listed companies, and the existence of non-debt tax shields constitutes … an alternative to the use of debt as a tax shelter. Consistent with theoretical expectations, there is a stronger … relation between debt and taxation in less levered firms. Finally, we empirically estimate the impact of the new thin …
Persistent link: https://www.econbiz.de/10011650324
Cover Image
The relationship between investment and internal cash flows in VC-backed SMEs: Does firm size matter?
Serrasqueiro, Zélia; Sardo, Filipe; Félix, Elisabete … - In: The Journal of Entrepreneurial Finance (JEF) 21 (2019) 1, pp. 38-56
internal cash flows is greater in larger than in the smaller VC-backed SMEs. Debt is more important for smaller than for larger … flows and debt as well as the negative effect of growth opportunities on investment in both smaller and larger VC …
Persistent link: https://www.econbiz.de/10013366708
Cover Image
Confounding and missing data in cost-effectiveness analysis: Comparing different methods
Härkänen, Tommi; Maljanen, Timo; Lindfors, Olavi; … - In: Health Economics Review 3 (2013) 8, pp. 1-11
Introduction: Common approaches in cost-effectiveness analyses do not adjust for confounders. In nonrandomized studies this can result in biased results. Parametric models such as regression models are commonly applied to adjust for confounding, but there are several issues which need to be...
Persistent link: https://www.econbiz.de/10011599766
Cover Image
Out-of-pocket expenditure by private households for dental services: Empirical evidence from Austria
Sanwald, Alice; Theurl, Engelbert - In: Health Economics Review 6 (2016) 10, pp. 1-9
Aims: Dental services differ from other health services in several dimensions. One important difference is that a substantial share of costs of dental services-especially costs beyond routine dental treatment-is paid directly by the patient out-of-pocket. Settings and design: This study analyses...
Persistent link: https://www.econbiz.de/10011599829