Showing 94,481 - 94,490 of 97,047
This paper explores the effects of official creditor subsidies to private lenders on loan pricing and credit availability. A two-period model is developed which includes a private lender, a sovereign borrower and an official creditor. The presence of credible sovereign collateral is shown to be...
Persistent link: https://www.econbiz.de/10005035568
We study a full employment monetary economy, where labor is allocated through contracts. We generalize and extend the sticky wage result of Rogerson an Wright. Our model is different from theirs in two respects. Labor is devisible, and hence unemployment is not possible in our model. And in...
Persistent link: https://www.econbiz.de/10005035747
Persistent link: https://www.econbiz.de/10005035786
Persistent link: https://www.econbiz.de/10005035799
Persistent link: https://www.econbiz.de/10005035827
Persistent link: https://www.econbiz.de/10005035850
The aim of this paper is to compare various methods which extract a Risk Neutral Density (RND) out of PIBOR as well as …
Persistent link: https://www.econbiz.de/10005036199
The paper focuses on possibilities of the qualitative risk analysis of a project, which appears scarcely in literature … compared to the more sophisticated techniques of risk analysis, such as simulations. Identified are elementary processes of … risk analysis ranging from the risk identification to the determination of significance of a risk factor by means of …
Persistent link: https://www.econbiz.de/10005036376
This article summarises the development of risk management concepts and their applications in enterprise management …. Until the late 1970s the risk management in the firms had not exceeded the boundaries of the insurance of assumed risk … occasions. Later, the application of risk management in organizations was connected with functioning of the enterprise in risk …
Persistent link: https://www.econbiz.de/10005036570
inequality and raises unemployment, but expected welfare gains are ensured if workers are risk neutral. And while wage inequality …
Persistent link: https://www.econbiz.de/10005037460