Results 121 to 130 of about 406,172 (396)

Can Central Bank Communication Guide Individuals' Expectations About the Macroeconomy? Evidence From a Randomized Information Experiment in China

open access: yesInternational Studies of Economics, EarlyView.
ABSTRACT Communication with the market to guide public expectations has become a pivotal monetary policy instrument for central banks worldwide. Therefore, assessing the efficacy of communication in influencing personal expectations is essential for central banks.
Yuying Jin, Sunyao Xia
wiley   +1 more source

The Current State of Normative and Legal Regulation of Bankruptcy Procedures in Ukraine

open access: yesBulletin of Kharkiv National University of Internal Affairs, 2020
It has been emphasized that one of the means of overcoming the financial crisis is a properly functioning institution of bankruptcy. It has been found out that the efficiency of bankruptcy proceedings in Ukraine is low, due to the long duration of such a
V. B. Pchelin
doaj   +1 more source

Fast Bargaining in Bankruptcy [PDF]

open access: yesSSRN Electronic Journal, 2004
I combine two previously separate strands of the bargaining literature to present a bargaining model with both one-sided private information and a majority vote for proposals to go into effect. I use this model to show that the US bankruptcy code produces shorter delays and higher welfare than the UK law.
openaire   +4 more sources

Financial Shocks, Uncertainty Shocks, and Corporate Liquidity

open access: yesJournal of Applied Econometrics, EarlyView.
ABSTRACT I estimate a structural VAR identified using sign restrictions to separately identify financial, macro uncertainty, and financial uncertainty shocks. The novelty of the estimation procedure relies on the qualitatively different response of corporate liquidity: Financial shocks lead firms to draw down their liquidity as they lose access to ...
Marco Brianti
wiley   +1 more source

The Albanian legal framework on non-discrimination and gender equality in employment relationships

open access: yesAcademicus International Scientific Journal, 2012
The aim of this article is to present the concept of bankruptcy as a legal judicial procedure to be followed in case that the legal or natural person becomes insolvent.
Ilir Rusi
doaj   +1 more source

A Hybrid Approach Using Oversampling Technique and Cost-Sensitive Learning for Bankruptcy Prediction

open access: yesComplex, 2019
The diagnosis of bankruptcy companies becomes extremely important for business owners, banks, governments, securities investors, and economic stakeholders to optimize the profitability as well as to minimize risks of investments.
Tuong Le   +4 more
semanticscholar   +1 more source

Bankruptcy in General Equilibrium [PDF]

open access: yesSSRN Electronic Journal, 2000
In this paper, I construct a model of an exchange economy in which bankruptcy arises in a manner similar to what we observe. This model is a more realistic representation of some markets in which intertemporal assets are traded. Using standard and natural assumptions, I show that every economy represented by this model has an equilibrium.
openaire   +2 more sources

Harsh Winter Shocks and Distress Sales: Consumption and Asset Smoothing Among Livestock Farmers in Kyrgyzstan

open access: yesJournal of International Development, EarlyView.
ABSTRACT The sale of livestock has long been considered a means of mitigation in case of drought, but there is no evidence of how this is achieved in the event of severe winters. This article focuses on the exceptionally harsh winter days that Kyrgyzstan experienced in 2012, as well as harsh winter days in other years, to analyse how livestock owners ...
Kadyrbek Sultakeev, Martin Petrick
wiley   +1 more source

Bankruptcy and Collateral in Debt Constrained Markets [PDF]

open access: yes
Typical models of bankruptcy and collateral rely on incomplete asset markets. In fact, bankruptcy and collateral add contingencies to asset markets. In some models, these contingencies can be used by consumers to achieve the same equilibrium allocations ...
David K. Levine, Timothy J. Kehoe
core   +3 more sources

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