Results 81 to 90 of about 943 (203)

Rational Expectations Fools' Bubbles

International Economic Review, EarlyView.
ABSTRACT We develop a rational, Walrasian model of speculative bubbles inspired by the Kindleberger–Minsky view, which describes bubbles as wave‐like market processes. Touched off by an initial shock, price booms are initially self‐reinforcing but become self‐destructive later when prices surpass fundamental value.
Luis Araujo, Antonio Doblas‐Madrid
wiley   +1 more source

Financial Fragility and the Fiscal Multiplier

Journal of Money, Credit and Banking, EarlyView.
Abstract We show that undercapitalized banks with large holdings of government bonds subject to sovereign default risk lead to a new crowding‐out channel: deficit‐financed fiscal stimuli lead to higher bond yields, triggering capital losses for the banks. Banks then cut back loans, which reduces fiscal multipliers.
CHRISTIAAN VAN DER KWAAK, SWEDER VAN WIJNBERGEN   +1 more
wiley   +1 more source

Aviation and the European Union Emission Trading System: A Bibliometric and Thematic Review

Journal of Economic Surveys, EarlyView.
ABSTRACT Aviation is generally recognized as one of the most carbon intensive forms of transport. In order to tackle aviation's environmental impact, in 2012 the sector has been (partially) included in the European Union Emission Trading System (EU ETS), a market‐based mitigation mechanism designed to put a price on carbon emissions and create an ...
Riccardo Colantuono
wiley   +1 more source

The Debt‐Equity Spread

The Journal of Finance, EarlyView.
ABSTRACT We propose a measure of the valuation gap between debt and equity—debt‐equity spread (DES)—based on the difference between actual and equity‐implied credit spreads. DES predicts cross‐sectional stock and bond returns in opposite directions.
HUI CHEN, ZHIYAO CHEN, JUN LI
wiley   +1 more source

After the Hype: Resilience Seeking in Emerging Technology Ecosystems

Journal of Product Innovation Management, EarlyView.
ABSTRACT Academic Summary Hype often helps emerging technology ecosystems gain early support for their innovative value propositions, but the initial excitement around the technology typically vanishes at some point. This decrease in excitement and support may lead some ecosystems to fail while others are resilient and recover.
Fiona Schweitzer, Stacey L. Howard‐Malek, Maximilian Palmié   +2 more
wiley   +1 more source

Systemic, Lifestyle and Environmental Modifying Factors in the Pathogenesis of Periodontitis

Journal of Periodontal Research, EarlyView.
A variety of impacting factors in the pathogenesis of periodontitis exist, including systemic, lifestyle, and environmental factors. This review highlights the manifold mechanistic aspects of the link between the pathogenesis of periodontitis, addressing these numerous factors to supplement the long‐standing knowledge of the progression of the disease.
Sabine Elisabeth Groeger, Yuxi Zhou, Jiawen Yong, Lei Wang, Sabine Ruf, Joerg Meyle   +5 more
wiley   +1 more source

Illiquidity and All Its Friends [PDF]

The recent crisis was characterized by massive illiquidity. This paper reviews what we know and don't know about illiquidity and all its friends: market freezes, fire sales, contagion, and ultimately insolvencies and bailouts.
Tirole, Jean
core   +2 more sources

Investigation of the partition failure process and energy evolution in coal-rock composite structure under free surface unloading

Geohazard Mechanics
Unloading failure of the coal-rock (CR) system is the key factor leading to rock burst disaster. Therefore, it is very important to explore the failure mechanism of the CR system by laboratory test.
Wenkai Ru, Shanchao Hu, Qingheng Gu, Qing Ma   +3 more
doaj   +1 more source

Strategies for Legitimizing Regeneration in Supply Chain Fields

Journal of Supply Chain Management, EarlyView.
ABSTRACT In view of escalating environmental degradation, regenerative business has been proposed to restore social–ecological systems. However, as regeneration fundamentally departs from mainstream approaches and lacks commonly accepted standards, it suffers from a liability of newness that hampers its broader legitimation and adoption.
Veronica Devenin, Tobias Hahn, Valentina De Marchi, Maja Tampe   +3 more
wiley   +1 more source

Theologies of Mind: Eriugena and Pratyabhijñā Śaivism

Modern Theology, EarlyView.
Abstract Though Eriugena's affinities with several Hindu traditions are clear, this article offers to my knowledge the first detailed discussion of Eriugena's theology in relation to any Indic theological school, here, the nondualist Śaiva tradition known as the Pratyabhijñā (“Recognition”) lineage.
Matthew Z. Vale
wiley   +1 more source