Results 191 to 200 of about 134,522 (315)
Tariffs and Foreign Direct Investment in a Dynamic North–South Model
Abstract This paper examines how import tariffs by a developed country (the North) and a developing country (the South) affect innovation and foreign direct investment (FDI) using a quality ladder model. We show that a Northern import tariff raises the relative wage of Northern labor, but impedes innovation and FDI. This may worsen Northern welfare. By
TATSURO IWAISAKO, HITOSHI TANAKA
wiley +1 more source
Arbitraging mispriced assets with separation portfolios to lessen total risk [PDF]
This paper expands on a procedure to arbitrage mispriced assets against the benchmark provided by the Security Market Line, but using only separation portfolios to put up a feasible portfolio with the same beta as the mispriced asset and the least total ...
Rodolfo Apreda
core
How to account for virtual arbitrage in the standard derivative pricing
Kirill Ilinski
openalex +2 more sources
Investor Sentiment, Managerial Manipulation, and Stock Returns
Abstract The degree of earnings manipulation has been shown to be positively associated with stock returns at the aggregate level but negatively so in the cross‐ section. We examine, both theoretically and empirically, the role of investor sentiment in accounting for such relations.
JIAJUN JIANG, QI LIU, BO SUN
wiley +1 more source
Cet article vise à évaluer l’efficacité des mécanismes de justice traditionnelle au Niger dans leur capacité à résoudre les conflits au XIXe siècle. Cette étude permet de comprendre non seulement l’histoire du pays, mais aussi les interactions entre ...
Hassimou ALAKARBO
doaj
No unbounded arbitrage, weak no market arbitrage and no arbitrage price system conditions: The circular results. [PDF]
Page and Wooders (1996) prove that the no-unbounded-arbitrage (NUBA) condition introduced by Page (1987) is equivalent to the existence of a no arbitrage price (NAPS) when no agent has non-null useless vectors. Al- louch, Le Van and Page (2002) show that
Manh-Hung Nguyen, Thai Ha-Huy
core
Arbitrage, duality and asset equilibria [PDF]
Rose‐Anne Dana, Cuong Le Van
openalex +1 more source