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The survival of publicly listed companies largely depends on their shares being liquidly traded. This goal can be achieved when new investors are attracted to trade on companies’ shares. Among different groups of investors, individual investors are generally less able to objectively evaluate...
Persistent link: https://www.econbiz.de/10009150985
investments have long-term effects. In a two-period general equilibrium model, firms make trading and investment decisions in each …
Persistent link: https://www.econbiz.de/10009151045
remittances for productive investment in order to contribute to long-run development. Also, there are given some stylized facts of … remittances in the Republic of Moldova and their impact over the national economy. Because of its business and investment climate …
Persistent link: https://www.econbiz.de/10009151150
discriminatory taxation of investments. Moreover, the comparison of different ETRs displays which investment is distorted to a higher …
Persistent link: https://www.econbiz.de/10009151415
There have been many attempts to explain the unreasonably high correlation between domestic saving and investment rates … relating to capital mobility in conjunction with the saving-investment relationship. Ho (2003) first applied this method to the … saving-investment puzzle controlling for thresholds in country size. Extending this model, this paper reports a number of …
Persistent link: https://www.econbiz.de/10009151607
-based industry policy, opting instead for a strong state-based investment planning approach. An analytical framework is set out …
Persistent link: https://www.econbiz.de/10009189138
investment. Stepping up structural reforms will also be necessary if double-digit growth rates are to be achievable over the … improving in key sectors, partly thanks to greater private investment, bottlenecks endure and efforts to intensify competition … and ensure continued strong investment are required. Labour market reforms are also required to promote job creation …
Persistent link: https://www.econbiz.de/10009191040
No-arbitrage models are extremely flexible modelling tools but often lack economic motivation. This paper describes an equilibrium consumption-based CAPM framework based on Epstein-Zin preferences, which produces analytic pricing formulas for stocks and bonds under the assumption that macro...
Persistent link: https://www.econbiz.de/10009191102
People are more willing to bet on their own judgments when they feel skillful or knowledgeable. We investigate whether this "competence effect" influences trading frequency and home bias. We find that investors who feel competent trade more often and have more internationally diversified...
Persistent link: https://www.econbiz.de/10009191135
of profit variance (instead of demand variance) in risk-averse network investment. (2) Ex post revenue maximization …
Persistent link: https://www.econbiz.de/10009191555