Results 151 to 160 of about 216,288 (309)

A parsimonious macroeconomic model for asset pricing [PDF]

I study asset prices in a two-agent macroeconomic model with two key features: limited stock market participation and heterogeneity in the elasticity of intertemporal substitution in consumption (EIS). The model is consistent with some prominent features
Fatih Guvenen
core  

Financial Development Under Economic Sanctions: Short‐Run Market Responses and Long‐Run Institutional Adjustment

International Studies of Economics, EarlyView.
ABSTRACT This paper examines how the financial development of the target economy evolves under the long‐lasting economic sanctions, emphasizing the temporal patterns of the impact. Using panel data for 136 economies from 1980 to 2021 and an event‐study approach, we identified a temporal pattern that illustrates how economic sanctions exert a ...
Yu Jiang, Xue Meng
wiley   +1 more source

From Hurricane Irma to the Grindavík eruptions: volatility premiums in disaster governance. [PDF]

Disasters
Björnsson T.
europepmc   +1 more source

Assessing the Relation between Equity Risk Premium and Macroeconomic Volatilities in the UK [PDF]

This paper uses the exponential generalised heteroscedasticity model-in-mean (EGARCH- M) to analyse the relationship between the equity risk premium and macroeconomic volatility.
Peter Spencer, Renatas Kizys
core  

Robust Tests of Forecast Accuracy for Factor‐Augmented Regressions With an Application to the Novel EA‐MD‐QD Dataset

Journal of Applied Econometrics, EarlyView.
ABSTRACT We present four novel tests of equal predictive accuracy and encompassing á Pitarakis (2023, 2025) for factor‐augmented regressions. Factors are estimated using cross‐section averages (CAs) of grouped series and our theoretical findings are empirically relevant: asymptotic normality, robustness to an overspecification of the number of factors,
Alessandro Morico, Ovidijus Stauskas
wiley   +1 more source

Addressing equity and validity in faculty career advancement. [PDF]

Sci Adv
Center for Excellence in Faculty Advancement, Madera JM, Spitzmueller C.   +2 more
europepmc   +1 more source

Do private equity buyouts represent value for target shareholders? Premiums in the boom of the early 2000s [PDF]

This study compares the takeover premiums for 55 private equity buyouts with 59 takeovers involving a public acquirer, from the US takeover market between 2004 and 2007.
Darragh Mahony, Elaine Hutson
core  

Redacted Disclosures and Bank Loan Contract Terms

Journal of Corporate Accounting &Finance, EarlyView.
ABSTRACT We investigate the impact of redacting disclosures on bank loan contracts. Our findings indicate that firms that redact information have loans with significantly higher spreads, shorter maturities, and more restrictive covenants and face a greater likelihood they will be required to post collateral compared to firms that do not redact ...
Karel Hrazdil, Jiyuan Li, Yuzeng Li
wiley   +1 more source

Barriers to health care access for sanitation workers in five municipalities of Bangladesh: an evaluation of Shasthya Nirapotta Scheme using multinomial logistic regression approach. [PDF]

Int J Equity Health
Tasnim F, Oeishik MZ, Sarkar NU, Islam MT, Adib HI, Mamshad MM, Jahan H.   +6 more
europepmc   +1 more source

A Note on the Computation of the Equity Premium and the Market Value of Firm Equity [PDF]

Turnovsky (1995) derives in a continuous-time model of a decentralized economy that the correct specification of the firm’s objective function is to maximize the initial value of its outstanding securities.
Alfred Maussner, Burkhard Heer
core