Results 101 to 110 of about 39,063 (233)
Mitigating policy uncertainty: What financial markets reveal about firm‐level lobbying
Abstract Elections can lead to substantial policy changes and, thus, are a significant source of risk. Firms can respond to such policy uncertainty by lobbying, but it is hard to quantify whether they do so and, if so, how much lobbying benefits them. We construct a new dataset and leverage investors’ expectations of variability in stock returns in the
Kristy Buzard +2 more
wiley +1 more source
A new refinement of Jensen's inequality
Not available.
Sever S. Dragomir, Nicoleta M. Ionescu
doaj +2 more sources
Aggregate productivity effect of labour and capital market distortions in Canada
Abstract How efficiently are workers, investment capital, and production distributed across firms in Canada? And how have they varied over time, across regions, and between sectors? To answer these questions, we present novel measures of the degree of resource misallocation over time and space using uniquely detailed firm‐level data (T2‐LEAP) between ...
Yu Chen, Trevor Tombe
wiley +1 more source
An extension of Chebyshev's inequality and its connection with Jensen's inequality
The aim of this paper is to show that Jensen's Inequality and an extension of Chebyshev's Inequality complement one another, so that they both can be formulated in a pairing form, including a second inequality, that provides an estimate for the ...
Niculescu Constantinp P
doaj
The Capability Approach as the Ethics of Social Work With Child Refugees
ABSTRACT This article examines the capability approach (CA) as an ethical framework for social work practice with minor refugees. Drawing on the foundational work of Amartya Sen and Martha Nussbaum, as well as its recent application to child welfare contexts, the article argues that conventional rights–based and deficit‐oriented approaches are ...
Gottfried Schweiger
wiley +1 more source
The economic effect of discrimination: Evidence from the restaurant sector
Abstract Discrimination often leads to economic consequences for affected groups. This study examines the economic impact of consumer discrimination on Chinese restaurants in the U.S. during the COVID‐19 pandemic's onset. Using cell phone data and revenue records, it identifies a significant −10% relative decline in visits to Chinese restaurants by ...
Guanting Yi
wiley +1 more source
Sick leave in the United Kingdom Post Office, 1850–1908
Abstract This paper uses a large individual‐record‐level dataset on sick leave to examine adult morbidity in the United Kingdom between 1850 and 1908. From 1859 onwards postal workers were eligible to receive a pension or gratuity when they retired or were forced to stop working due to ill health.
Harry Smith +8 more
wiley +1 more source
New organizational forms: Deconstructing and reconfiguring the literature
Abstract Less hierarchical, self‐managing, agile, alternative: so‐called “new organizational forms” draw interest from scholars and practitioners alike. Despite an abundance of both conceptual and empirical research, the “new organizational form” concept remains elusive, capturing a growing diversity of phenomena and labels.
Constantin Bremer
wiley +1 more source
Abstract Regional innovation policies are currently influenced by a series of territorial innovation models, with the regional innovation system (RIS) approach being one of the prominent examples. The rationale of smart specialization strategies (S3s) is deeply influenced by the RIS concept and highlights the importance of entrepreneurial discovery and
Hugo Pinto
wiley +1 more source
Closed‐Form Optimal Investment Under Generalized GARCH Models
ABSTRACT This paper introduces a new class of stochastic volatility models for asset prices, the generalized Heston Nandi GARCH (GHN‐GARCH), with the primary objective of optimal dynamic asset allocation under expected utility theory for constant relative risk aversion investors. We study some of its theoretical properties, and demonstrate that the GHN‐
Marcos Escobar‐Anel +2 more
wiley +1 more source

