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No abstract.
Persistent link: https://www.econbiz.de/10010684415
The cornerstone of mainstream economic theory is the premise of rationality. Humans are assumed to be rational economic …
Persistent link: https://www.econbiz.de/10012837991
. On one side, this finding opens terrain for a capital valuation theory yet to be developed; on the other side, it … power that enables connecting seemingly unrelated notions and linking various disciplines such as economics, finance, and …
Persistent link: https://www.econbiz.de/10012962027
It is commonly overlooked that the concept of market efficiency embowers a time-dimension. Illustrating with an example from the class of persistent random walks, we show that a price process can be a martingale on one time-scale but inefficient on another. This means that just as market...
Persistent link: https://www.econbiz.de/10012942063
value theory (EVT) followed closely by the filtered historical simulation (FHS) are highly accurate methodologies. In …
Persistent link: https://www.econbiz.de/10013183970
The aim of this paper is to add to current debates on the efficiency of economic stabilization policies through an analysis of the conception of business cycles developed by Minsky in his earliest work at the end of the 1950s.
Persistent link: https://www.econbiz.de/10011122329
assumption shapes the main propositions of the theory of corporate finance but also, in a more general sense, determines which … topics in finance attract the attention of researchers and therefore are a topic of the theory. During the first two phases …This article discusses how the German and the international academic debates about corporate finance developed in the …
Persistent link: https://www.econbiz.de/10012237619
The motivation for this research enquiry is to identify the role of the business age, size and risk for the choice of debt financing in the textile and apparel sector of Pakistan along with other controlled factors. The textile and apparel sector of Pakistan comprises 464 listed entities as the...
Persistent link: https://www.econbiz.de/10013466263
value theory (EVT) followed closely by the filtered historical simulation (FHS) are highly accurate methodologies. In …
Persistent link: https://www.econbiz.de/10014001439
assumption shapes the main propositions of the theory of corporate finance but also, in a more general sense, determines which … topics in finance attract the attention of researchers and therefore are a topic of the theory. During the first two phases …This article discusses how the German and the international academic debates about corporate finance developed in the …
Persistent link: https://www.econbiz.de/10012233141