Effects of QE on sovereign bond spreads through the safe asset channel
Abstract We show that through the safe asset channel the excess liquidity created by large scale asset purchases (QE) can lead to higher sovereign bond spreads in the euro area. This unintended effect is most likely in volatile market conditions when excess liquidity spurs demand for tradeable safe assets, pushing down the interest rate of these assets,
Jan Willem van den End
wiley +1 more source
The impact of sustainable development on the relevance of accounting information and financial activities: Evidence from Thailand. [PDF]
Moolkham M.
europepmc +1 more source
Determinants of the degree of fiscal sustainability
Abstract We assess the link between fiscal sustainability coefficients, namely the responses of the primary government balance and the global government balance to the debt‐to‐GDP ratio, and the response of government revenues to government expenditures. For 22 OECD developed countries we use annual data between 1950 and 2019.
António Afonso+2 more
wiley +1 more source
Not enough: Medicaid expansion, medical debt, and cost avoidance in rural American Indian and Alaska Native households. [PDF]
Hubbard S.
europepmc +1 more source
Do women in the boardroom influence foreign acquisitions' premium and outcomes? Evidence from China
Abstract This paper examines whether gender diversity influences foreign merger and acquisition (M&A) premiums and outcomes in China. Consistent with agency and resource dependence theories, we find that female directors significantly reduce the acquisition premium paid for foreign targets. We show that the market responds positively in the short‐term (
Pei Chu, Mohamed Elsayed, Yousry Ahmed
wiley +1 more source
Debt to Equity Ratio dan Suku Bunga Terhadap Harga Saham
Julianto Julianto+2 more
openalex +2 more sources
Income diversification and liquidity risk in ASEAN-5 banks: A Bayesian perspective. [PDF]
Duong QN, Tran NTK, Dang TPT.
europepmc +1 more source
Why do firms extend trade credit? The role of inventories
Abstract We are the first to explore the role of inventories as a trade credit driver in an economic/financial crisis setting. To this end, we make use of a panel of 198,024 manufacturing firms from eleven euro‐area countries over the period 2006–2022. We find an inverse relationship between the stock of inventories and trade credit extended, which is ...
Filipa Da Silva Fernandes+3 more
wiley +1 more source
FISCAL BALANCE AND SUSTAINABLE ECONOMIC DEVELOPMENT IN NIGERIA
This study analyzed the effects of fiscal balance on sustainable economic development in Nigeria from 1981 to 2022. Autoregressive Distributed Lag (ARDL) model was employed in estimating the variables.
ODILI OKWUCHUKWU+2 more
doaj