Results 31 to 40 of about 2,683,075 (264)
Financial Markets and Wages [PDF]
We study a labor market equilibrium model in which flrms sign optimal long-term contracts with workers. Firms that are flnancially constrained ofier an increasing wage proflle: They pay lower wages today in exchange of higher wages once they become unconstrained and operate at a larger scale. In equilibrium, constrained flrms are on average smaller and
Claudio Michelacci, Vincenzo Quadrini
openaire +4 more sources
Financialization in Commodity Markets [PDF]
The financialization view is that increased trading in commodity futures markets is associated with increases in the growth rate and volatility of commodity spot prices. This view gained credence because in the 2000s trading volume increased sharply and many commodity prices rose and became more volatile.
Varadarajan Chari+3 more
openaire +3 more sources
Herd Behavior in Financial Markets: An Experiment with Financial Market Professionals [PDF]
We study herd behavior in a laboratory financial market with financial market professionals. We compare two treatments, one in which the price adjusts to the order flow so that herding should never occur, and one in which event uncertainty makes herding possible.
Marco Cipriani, Antonio Guarino
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An empirical analysis of debit card interchange fee regulation: Evidence from Brazil
This paper presents an empirical analysis of the introduction, in October 2018, of maximum thresholds (“caps”) on debit card interchange fees for domestic payment cards in Brazil.
Daniel Tavares de Castro+2 more
doaj
The Financial Market of Environmental Indices [PDF]
This paper introduces the concept of a global financial market for environmental indices, addressing sustainability concerns and aiming to attract institutional investors. Risk mitigation measures are implemented to manage inherent risks associated with investments in this new financial market.
arxiv
We consider dynamics of financial markets as dynamics of expectations and discuss such a dynamics from the point of view of phenomenological thermodynamics. We describe a financial Carnot cycle and the financial analogue of a heat machine. We see, that while in physics a perpetuum mobile is absolutely impossible, in economics such mobile may exist ...
arxiv +1 more source
Opacity in Financial Markets [PDF]
This paper studies the implications of opacity in financial markets for investor behavior, asset prices, and welfare. Transparent funds (e.g., mutual funds) and opaque funds (e.g., hedge funds) trade transparent assets (e.g., plain-vanilla products) and opaque assets (e.g., structured products).
openaire +4 more sources
Background. Reducing malignant mortality to 185 cases per 100,000 by 2030 is one of goals of the state program “Healthcare development” in Russia.Aim. To assess potential impact of using trastuzumab deruxtecan in patients with breast cancer on reducing ...
N. A. Avxentyev+2 more
doaj +1 more source
Purpose: the main goal of the article is to study the possibilities of increasing the sustainability of world economic development to the crisis fluctuations of national economies and their aggregated groups under conditions when the fluctuations induced
E. L. Loginov+3 more
doaj +1 more source
Understanding Financial Market States Using Artificial Double Auction Market [PDF]
The ultimate value of theories of the fundamental mechanisms comprising the asset price in financial systems will be reflected in the capacity of such theories to understand these systems. Although the models that explain the various states of financial markets offer substantial evidences from the fields of finance, mathematics, and even physics to ...
arxiv +1 more source