Showing 229,051 - 229,060 of 230,510
better risk management, portfolio management and option pricing in financial markets. In this context, the field of research …
Persistent link: https://www.econbiz.de/10011098979
This paper analyzes theoretically and empirically how upstream markets are affected by deregulation downstream. Deregulation tends to increase the level of uncertainty in the upstream market. Our theoretical analysis predicts that deregulated firms respond to this increase in uncertainty by...
Persistent link: https://www.econbiz.de/10011099464
This paper investigates the relevance of banking- sector- specific and macroeconomic determinants of profitability of 21 banking sectors over the years 1995-2009. In the analysis we apply the Arellano and Bond GMM-estimator to aggregated data collected in a harmonized way by the OECD, to find...
Persistent link: https://www.econbiz.de/10011099747
This paper analyzes theoretically and empirically how upstream markets are affected by deregulation downstream. Deregulation tends to increase the level of uncertainty in the upstream market. Our theoretical analysis predicts that deregulated firms respond to this increase in uncertainty by...
Persistent link: https://www.econbiz.de/10011099762
Tourism has a wide range of impacts on the economy, the natural environment and the people living in a destination. In the context of poor, rural societies, many scholars have emphasized the positive impacts of tourism on local economic growth. Concern has been voiced, however, about the social...
Persistent link: https://www.econbiz.de/10011099767
The uncertainty that accompanies the modern capital market leads to change and to create various forms of risk … theoretical research in the field: the investment portfolio, risk management, investment and pension funds, insurance policies …
Persistent link: https://www.econbiz.de/10011100520
explore the design of policy. The model highlights the critical roles played by (i) the relationship between behavioural risk … preferences, standard risk aversion and labour supply behaviour, (ii) the risk properties of education, and (iii) the degree of …
Persistent link: https://www.econbiz.de/10011103402
The current study evaluates the potential of the labor productivity in predicting corporate bankruptcy. The population subjected to the analysis included all companies form Timis County with yearly sales of over 2200 Euros. The interest for the labor productivity was based on the recommendations...
Persistent link: https://www.econbiz.de/10011105871
virtually absent in labour economics text books. This paper documents the scope for risk, discusses the tough disentanglement of … heterogeneity and risk, surveys the analytical models, laments the absence of a good workhorse model and points out the challenges … worth tackling: document ex ante risk that investors face, develop a tractable and malleable analytical model and integrate …
Persistent link: https://www.econbiz.de/10011107054
consumer toward risk, time preference, and intertemporal substitution. The null hypothesis is that a growing government sector … does not affect the consumer's behavior, and the alternative is that it causes him to become less risk averse, more …
Persistent link: https://www.econbiz.de/10011107306