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The effect of changing the status of sports clubs: From association to the company

Theiri, Saliha; Medabesh, Ali; Ati, Abdessatar - In: Journal of Finance and Investment Analysis 1 (2012) 1, pp. 127-149

The ultimate goal of this study is to assess the role of intensive stock market listing of sports clubs as a source of funding. Precisely, it focuses on the effect of changing of the legal form of the clubs to a company. The sample covers the period of the sporting season form 2004-2005 to...

Persistent link: https://www.econbiz.de/10010286826

Institutional Conflict Settlement in Divided Societies: The Role of Subgroup Identities in Self-Government Arrangements

De Juan, Alexander - 2012

Institutions can contribute to regulating interethnic conflict; however, in many cases they fail to bring about lasting peace. The paper argues that their negligence of intraethnic factors accounts for some of this failure. Ethnic groups are often treated as unitary actors even though most...

Persistent link: https://www.econbiz.de/10010286840

Unemployment benefits and immigration: Evidence from the EU

Giulietti, Corrado; Guzi, Martin; Kahanec, Martin; … - 2011

The paper studies the impact of unemployment benefits on immigration. A sample of 19 European countries observed over the period 1993-2008 is used to test the hypothesis that unemployment benefit spending (UBS) is correlated with immigration flows from EU and non-EU origins. While OLS estimates...

Persistent link: https://www.econbiz.de/10010286857

Teaching practices and social capital

Algan, Yann; Cahuc, Pierre; Shleifer, Andrei - 2011

We use several data sets to consider the effect of teaching practices on student beliefs, as well as on organization of firms and institutions. In cross-country data, we show that teaching practices (such as copying from the board versus working on projects together) are strongly related to...

Persistent link: https://www.econbiz.de/10010286875

Publishing trends in economics across colleges and universities, 1991 - 2007

Winkler, Anne E.; Levin, Sharon G.; Stephan, Paula E.; … - 2011

There is good reason to think that non-elite programs in economics may be producing relatively more research than in the past: Research expectations have been ramped-up at non-PhD institutions and new information technologies have changed the way academic knowledge is produced and exchanged....

Persistent link: https://www.econbiz.de/10010286889

Private information, human capital, and optimal 'home bias' in financial markets

Ehrlich, Isaac; Shin, Jong Kook; Yin, Yong - 2011

By allowing for imperfectly informed markets and the role of private information, we offer new insights about observed deviations of portfolio concentrations in domestic relative to foreign risky assets, or home bias, from what standard finance models predict. Our model ascribes the bias to...

Persistent link: https://www.econbiz.de/10010286893

Conceptualisations of poverty

Engberg-Pedersen, Lars; Munk Ravnborg, Helle - 2010

Poverty reduction initiatives should be comprehensive, relational and global in their outlook even though poverty itself is always concrete and experienced in the local context. This is the major idea underlying this DIIS Report. The Report provides a brief overview of contemporary work on...

Persistent link: https://www.econbiz.de/10010286993

Need, merit, and politics in multilateral aid allocation: A district-level analysis of World Bank projects in India

Nunnenkamp, Peter; Öhler, Hannes; Sosa Andrés, Maximiliano - 2012

empirical research on aid allocation by employing Poisson estimations on the determinants of the World Bank's choice of project … locations at the district level in India. The evidence of needs-based location choices is very weak, even though World Bank … or district level. However, the World Bank prefers districts where foreign direct investors may benefit from projects …

Persistent link: https://www.econbiz.de/10010287011

Global banks and international shock transmission: Evidence from the crisis

Cetorelli, Nicola; Goldberg, Linda S. - 2010

Global banks played a significant role in transmitting the 2007-09 financial crisis to emerging-market economies. We examine adverse liquidity shocks on main developedcountry banking systems and their relationships to emerging markets across Europe, Asia, and Latin America, isolating loan supply...

Persistent link: https://www.econbiz.de/10010287023

Commodity prices, commodity currencies, and global economic developments

Groen, Jan J. J.; Pesenti, Paolo A. - 2009

In this paper, we seek to produce forecasts of commodity price movements that can systematically improve on naïve statistical benchmarks. We revisit how well changes in commodity currencies perform as potential efficient predictors of commodity prices, a view emphasized in the recent...

Persistent link: https://www.econbiz.de/10010287027