Showing 1 - 10 of 101
This paper examines if overreaction of oil price forecasters is affected by uncertainty. Furthermore, it takes into account joint effects of uncertainty and oil price returns on forecast changes. The panel smooth transition regression model from Gonz alez et al. (2005) is applied with univariate...
Persistent link: https://www.econbiz.de/10010480543
The 27th SUERF Colloquium in Munich in June 2008: New Trends in Asset Management: Exploring the Implications was already topical in the Summer of 2008. The subsequent dramatic events in the Autumn of 2008 made the presentations in Munich even more relevant to investors and bankers that want to...
Persistent link: https://www.econbiz.de/10011705329
The ex ante theory of collateral states that better informed lenders, such as informal lenders, rely less on collateral. We test this by contrasting the use of collateral between formal and informal lenders in the same market. Indeed, formal lenders rely more often on collateral, controlling for...
Persistent link: https://www.econbiz.de/10010342166
countries? Standard quantitative models of international trade which are generally used to assess the impact of PTAs assume full …
Persistent link: https://www.econbiz.de/10010483840
Over millennia, mankind has used hard cash in various forms ranging from shells to gold coins and paper. More recently, cash has become unpopular in political circles, as it effectively restricts states’ power to tax (explicitly or via negative interest rates) or to survey and potentially...
Persistent link: https://www.econbiz.de/10011548098
Persistent link: https://www.econbiz.de/10012112413
impact of microfinance on client income and growth. Based on loan-level data from close to 40,000 clients in Sub …We provide evidence on the growth patterns of microfinance clients. Our analysis is motivated by the debate on the … our results provide econometric support for the largely anecdotal evidence presented by microfinance practitioners that …
Persistent link: https://www.econbiz.de/10010339390
Determinants of Insurance Companies in Kazakhstan: Exploring FirmSpecific and Macroeconomic Factors -- 4.The Impact of Size and … Price Prediction -- 6.Driving Financial Performance: Exploring the Impact of ESG Policies in Telecommunication Companies … United States -- 10.Behavioral Black Swan Investment Strategy and Global Stock Market Contagion Dynamics -- 11.Impact of …
Persistent link: https://www.econbiz.de/10015065704
are brought to topics such as AI, macroprudential policy, sustainable finance, microfinance, and fintech. Offering an …
Persistent link: https://www.econbiz.de/10015330994
Based on the seminal paper of Farrell (1957), researchers have developed several methods for measuring e fficiency. Nowadays, the most prominent representatives are nonparametric data envelopment analysis (DEA) and parametric stochastic frontier analysis (SFA), both introduced in the late 1970s....
Persistent link: https://www.econbiz.de/10010341110