Showing 51 - 60 of 763,928
Persistent link: https://www.econbiz.de/10012623303
Persistent link: https://www.econbiz.de/10001186403
Persistent link: https://www.econbiz.de/10010440774
Persistent link: https://www.econbiz.de/10001631472
Persistent link: https://www.econbiz.de/10001644721
Persistent link: https://www.econbiz.de/10001557872
Persistent link: https://www.econbiz.de/10001443003
Persistent link: https://www.econbiz.de/10010346374
Persistent link: https://www.econbiz.de/10013477466
We show that asset opacity can improve the efficiency of investment in the economy. We consider a model where underinvestment arises from speculative cash-hoardings aiming to benefit from fire-sale prices. Whereas opacity provides no benefit to asset originators in the case of isolated...
Persistent link: https://www.econbiz.de/10012964827