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We present the results of a questionnaire study in Belgium, Burkina Faso and Indonesia focusing on the problem of the just allocation of an indivisible good. The formal axioms proposed in social choice theory are helpful in structuring the response patterns. Interindividual differences can be...
Persistent link: https://www.econbiz.de/10009415883
Many statistics are based on functions of sample moments. Important examples are the sample variance s2(n), the sample coefficient of variation SV (n), the sample dispersion SD(n) and the non-central t-statistic t(n). The de.nition of these quantities makes clear that the vector defined by XXX...
Persistent link: https://www.econbiz.de/10009415884
Using an international Thomson Reuters Datastream database where size coverage is unusually wide and data errors have been reduced to a low level, we show that some specification decisions, and especially those related to size, may have a significant impact on asset pricing test results. We also...
Persistent link: https://www.econbiz.de/10009415885
Empirical research on the characteristics of environmentally responsive companies has focussed on US and Japanese companies. For Europe, which is commonly considered as the greenest of the three major markets, similar research is lacking. This paper seeks to fill this gap by empirically...
Persistent link: https://www.econbiz.de/10009415887
In this paper we study the local behaviour of a characteristic of two types of shock models. In many physical systems, a failure occurs when the stress or the fatigue, represented by $\epsilon(n)$, reaches a critical level $x$. We are interested in the time $\tau(x)$ for which this happens for...
Persistent link: https://www.econbiz.de/10009415888
This paper examines the reporting practices of Belgian listed firms, in terms of corporate social responsibility (CSR). Four research questions are addressed: (1) What CSR areas are disclosed in the annual report? (2) What is the extent of the CSR reporting for the different areas? (3) How is...
Persistent link: https://www.econbiz.de/10009415889
Persistent link: https://www.econbiz.de/10009415890
Although a priori company screening is a constitutive feature of socially responsible investment (SRI) funds, it is not easy to substantiate that such screening effectively differentiates between companies on the basis of their Corporate Social Responsibility (CSR) calibre. Fundamentally, this...
Persistent link: https://www.econbiz.de/10009415891
This paper presents an estimated two-country dynamic stochastic general equilibrium (DSGE) model linking the United Kingdom (UK) and the euro area (EA). The model includes imperfect exchange rate pass-through, external habit formation, producer and importer sticky prices à la Calvo, incomplete...
Persistent link: https://www.econbiz.de/10009415892
Since the first successful renal transplant in 1954, many kidney patients saw their hopes for a better future dashed by the continuous lack of donor kidneys. A regulated market for living donor kidneys has been proposed in order to match supply to demand and to stop illegal and immoral practices...
Persistent link: https://www.econbiz.de/10009415893