Summary In a framework of a monetary asset pricing model with production the effects of monetary and fiscal policy shocks are investigated. The model is kept simple enough to generate explicit formulae for the equilibrium price functions. With money yielding liquidity services in the exchange...

Purpose – Remanufacturing of used products is an emerging business area, which is attractive from both an economic and an environmental point of view. Aims to investigate to what extent profit orientation in product recovery management will stimulate an environmentally conscious behavior in...

Most methods of reliability analysis of cold standby systems assume that the precise probability distributions of the component times to failure are available. However, this assumption may be unreasonable in a wide scope of cases (software, human‐machine systems). Therefore, the imprecise...

Purpose – The purpose of this study is to compare the performance of a low‐P/E strategy relative to that of two alternative value strategies, one based on the PEG ratio and another on the PERG ratio (a magnitude introduced in this article). Design/methodology/approach – The data used...

Purpose – The aim of this paper is to propose and analyse policies capable of generating left‐skewed pension distributions. Such policies can deliver large pension values with high probability and hence are of interest to practical fund managers. Design/methodology/approach – The paper...

Purpose – The purpose of this paper is to estimate the short and the long run wheat demand elasticities in Pakistan. Design/methodology/approach – Using cointegration and vector error correction model (VECM) techniques, the main objective of the study has been achieved. Findings – The...

Purpose – Owing to the importance of the efficiency of commercial banks, the aim of this paper is to find the relationship between capital regulation, monetary policy and the asymmetric effects of the commercial banks' efficiency. Design/methodology/approach – First, the paper makes a static...

Purpose – This paper aims to explore the effect of e‐marketplace on the supply chain's performance under the markdown policy. Profit and risk analyses are both conducted and channel coordination issues are examined. Design/methodology/approach – The paper presents a markdown policy supply...