Results 91 to 100 of about 2,365,855 (190)
The Welfare and Distributional Consequences of Corporate Tax Cuts in Open Economies
Journal of Money, Credit and Banking, EarlyView.Abstract We develop an open‐economy heterogeneous household model with incomplete markets to quantitatively evaluate the welfare and distributional effects—both within and across countries—of the corporate tax cut (Tax Cuts and Jobs Act, TCJA) implemented in the U.S. in 2017. The model allows for examining outcomes under various possibilities including
MAMOON KADER +3 more
wiley +1 more source
Another Look at the (Ir)Relevance of Long‐Run Risks for Equity Risk Premia
Journal of Money, Credit and Banking, EarlyView.Abstract I investigate the empirical asset pricing implications of a three‐factor macro model that extends the baseline consumption model Consumption Capital Asset Pricing Model (CCAPM) by adding the innovations in expected long‐run consumption growth (consumption growth news) and expected long‐run consumption variance (variance news) as risk factors ...
PAULO MAIO
wiley +1 more source
A multidimensional review of the cash management problem. [PDF]
Financ Innov, 2023 Salas-Molina F +2 more
europepmc +1 more source
Optimizing the expected utility of dividend payments of an insurance company [PDF]
, 2019 Tematyka pracy doktorskiej stanowi naturalne połączenie teorii oczekiwanej użyteczności oraz problemu optymalizacji wypłacanych dywidend przez firmę ubezpieczeniową.
Baran, Sebastian
core
EU ETS Market Expectations and Rational Bubbles
Journal of Money, Credit and Banking, EarlyView.Abstract The European Union Emissions Trading System (EU ETS) experienced sharp allowance price increases from 2018 onward, prompting claims that rational bubbles were driving the surge. We reassess this hypothesis using expectations based on futures prices.
CHRISTOPH WEGENER +2 more
wiley +1 more source
How market ecology explains market malfunction. [PDF]
Proc Natl Acad Sci U S A, 2021 Scholl MP, Calinescu A, Farmer JD.
europepmc +1 more source
Countercyclical Return Expectations: Evidence from the Livingston Survey
Journal of Money, Credit and Banking, EarlyView.Abstract This paper shows that forecasts from professional economists in the Livingston survey imply countercyclical variation in expected excess returns on U.S. stocks. These expectations are approximately rational and strongly positively correlated with expected excess returns from the log‐utility investor of Martin (2017), the habit model of ...
STIG V. MØLLER +3 more
wiley +1 more source
Economic factors underlying biodiversity loss. [PDF]
Philos Trans R Soc Lond B Biol Sci, 2023 Dasgupta P, Levin S.
europepmc +1 more source
The Effect of Dividend Policy on Market Value UK Empirical Study [PDF]
, 2010 This study tackles the relationship between dividend policy and market value of companies in the UK through three empirical models. The aim of the first model was to test the validity of the Irrelevant Theory empirically by exploring the relationship ...
Salih, Alaa A, SALIH, ALAA,A
core
Journal of Economic Surveys, EarlyView.ABSTRACT The accelerating loss of biodiversity and ecosystem degradation are increasingly recognized as economically material phenomena with implications for financial markets and financial stability. Yet biodiversity finance remains fragmented across environmental economics, sustainable finance, corporate disclosure, risk management, and conservation ...
Nicola Del Sarto +2 more
wiley +1 more source