Narrow search
Showing 1 - 10 of 143,871
Cover Image
The significance and performance of infrastructure in China
Newell, Graeme; Wing Chau, Kwong; Kei Wong, Siu - In: Journal of Property Investment & Finance 27 (2009) 2, pp. 180-202
commercial property markets in China. This will take on increased importance as international investors increase the significance … linkages to commercial property markets and the increasing future role of international private infrastructure investors in … effective infrastructure and effective commercial property markets is particularly important, as international investors seek to …
Persistent link: https://www.econbiz.de/10014898229
Cover Image
FDI and the Investment Climate in the CIS Countries
Shiells, Clinton R. - International Monetary Fund (IMF) - 2003
In view of disappointing levels of inward foreign direct investment (FDI), this paper examines capital flows into the Commonwealth of Independent States (CIS) countries and investigates the main impediments to a more favorable investment climate. Direct investment inflows have generally been...
Persistent link: https://www.econbiz.de/10005248333
Cover Image
High and Volatile Treasury Yields in Tanzania; The Role of Strategic Bidding and Auction Microstructure
Sobolev, Yuri Vladimirovich; Abbas, S. M. Ali - International Monetary Fund (IMF) - 2008
group of investors (domestic pension funds and small banks). An important policy recommendation that emerges is that public … competitive) investors vis-à-vis the more sophisticated players. …
Persistent link: https://www.econbiz.de/10005264088
Cover Image
Divergence of opinion and valuation in a mean-variance framework
Schnabel, Jacques A. - In: Studies in Economics and Finance 26 (2009) August, pp. 148-154
a risky asset in a capital market populated by investors that choose mean-variance efficient portfolios. Design … homogeneous beliefs as the former is biased towards the beliefs of wealthier and/or more risk tolerant investors. If the latter … set of investors is optimistic (pessimistic), the value is higher (lower) than that which prevails in the absence of …
Persistent link: https://www.econbiz.de/10009392974
Cover Image
Faith-based and sin portfolios: An empirical inquiry into norm-neglect vs norm-conforming investor behavior
Liston, Daniel Perez; Soydemir, Gökçe - In: Managerial Finance 36 (2010) October, pp. 876-885
Purpose – The purpose of this paper is to investigate relative portfolio performance between sin stock returns and faith-based returns. Design/methodology/approach – Similar to Hong and Kacperczyk, Jensen's alpha was utilized to conduct tests along with three asset-pricing models and rolling...
Persistent link: https://www.econbiz.de/10009275366
Cover Image
What Moves Capital to Transition Economies?
Mora, Nada; Sahay, Ratna; Zettelmeyer, Jeromin; … - International Monetary Fund (IMF) - 2002
the presence of a financial market infrastructure and a property-rights indicator are the only explanatory variables that …
Persistent link: https://www.econbiz.de/10005826507
Cover Image
Empirical Evidenceon the Effects of Tax Incentives
Klemm, Alexander; Parys, Stefan van - International Monetary Fund (IMF) - 2009
This paper considers two empirical questions about tax incentives: (1) are incentives used as tools of tax competition and (2) how effective are incentives in attracting investment? To answer these, we prepared a new dataset of tax incentives in over 40 Latin American, Caribbean and African...
Persistent link: https://www.econbiz.de/10008528617
Cover Image
A Panic-Prone Pack? the Behavior of Emerging Market Mutual Funds
Gelos, Gaston; Borensztein, Eduardo - International Monetary Fund (IMF) - 2000
This paper explores the behavior of emerging market mutual funds using a novel database covering the holdings of individual funds over the period January 1996 to March 1999. An examination of individual crises shows that, on average, funds withdrew money one month prior to the events. The degree...
Persistent link: https://www.econbiz.de/10005604929
Cover Image
The Role of Information in Driving FDI Flows; Host-Country Transparency and Source-Country Specialization
Razin, Assaf; Mody, Ashoka; Sadka, Efraim - International Monetary Fund (IMF) - 2003
positively) on the degree of competition among FDI investors. …
Persistent link: https://www.econbiz.de/10005605303
Cover Image
Development of Financial Markets in Central Europe; The Case of the Ce4 Countries
Adarov, Amat; Tchaidze, Robert - International Monetary Fund (IMF) - 2011
Financial markets in the CE4 countries are still shallow compared to other advanced EU countries. While the government bond markets are comparable in size, measured by capitalization in percent of GDP, the private bond, private credit, and equity markets lag behind. Empirical analysis in this...
Persistent link: https://www.econbiz.de/10009019571