Results 191 to 200 of about 88,225 (301)
Exposure to Left‐Tail Risk, Risk Appetite, and Mutual Fund Flows
ABSTRACT Using a measure of aggregate tail risk, we show that a fund's sensitivity (exposure) to tail risk negatively affects the fund flows and the fund's performance. Further, a fund's tail risk sensitivity relates positively to the left‐tail risk measures of the fund.
Ali K. Malik
wiley +1 more source
An arithmetic operation P system based on symmetric ternary system. [PDF]
Nan H, Zhang J, Guo P, Jiang J, Zhang X.
europepmc +1 more source
Cryptocurrency Bubbles and Costly Mining
ABSTRACT This paper develops a model of a cryptocurrency by incorporating mining into the otherwise standard search‐theoretic monetary framework. As usual, multiple equilibria exist. To obtain a sharp prediction on whether a cryptocurrency' s value will last in the future, I propose a notion of equilibrium refinement based on the feature that mining ...
Kohei Iwasaki
wiley +1 more source
New motivation for injury prevention in the face of dramatic demographic changes in China. [PDF]
Ye W, Yu S, Yang Z, Li L.
europepmc +1 more source
Dynamics of High‐Growth Young Firms and the Role of Venture Capitalists
ABSTRACT Motivated by the substantial growth and upfront investments of venture capital (VC)‐backed firms observed in administrative US Census data, this study develops a life‐cycle firm dynamics model. In the model, startups choose the source of financing from VC, angel investors, or banks, depending on their growth potential, and invest in innovation.
Yoshiki Ando
wiley +1 more source
Human capital, technological progress and industrial restructuring. [PDF]
Zhao K, Zhang L.
europepmc +1 more source
Abstract In this contribution to a book symposium on Gregory of Nyssa’s On the Human Image, Morwenna Ludlow reflects on John Behr’s attention to the literary structure and argumentative flow of the book, its interplay with the similarly structured Timaeus of Plato and the difficulties of translating a work of such rhetorical and pastoral sophistication
Morwenna Ludlow
wiley +1 more source
Is the market biased in M&A, dividend payment, and share repurchase events? [PDF]
Quang LT.
europepmc +1 more source
Pan‐Europe Revisited: Inter‐War Debates and the EU's Pursuit of Geopolitical Power
ABSTRACT The European Union's (EU) transformation from a peace project to an assertive geopolitical actor reflects enduring tensions in integration theory dating back to the inter‐war period. This paper develops a comparative framework distinguishing territorial integration logic, which emphasises bounded political communities and collective defence ...
Kamil Zwolski
wiley +1 more source
Selling to buy: Asset sales, acquisition financing, and value creation
Abstract In line with increased liquidity offered by asset sales, our findings show that firms selling large assets prior to acquisitions are more likely to use cash as payment method. Additionally, we find that in subsequent cash acquisitions, firms using cash stemming from asset sales experience higher announcement abnormal returns compared to firms ...
Christos Mavrovitis (Mavis) +2 more
wiley +1 more source

