Results 221 to 230 of about 137,575 (264)

The leverage effect without leverage

Finance Research Letters, 2009
We use experimental stock markets to add more evidence that Black's [1976. Proceedings of the 1976 Meeting of the Business and Economic Statistics Section. American Statistical Association, pp. 177–181] leverage effect in financial markets does not necessarily stem from the financial leverage of the firm.
Hens, Thorsten, Steude, Sven C
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Black's Leverage Effect is not Due to Leverage

SSRN Electronic Journal, 2011
One of the most enduring empirical regularities in equity markets is the inverse relationship between stock prices and volatility, first documented by Black (1976) who attributed it to the effects of financial leverage. As a company’s stock price declines, it becomes more highly leveraged given a fixed level of debt outstanding, and this increase in ...
Jasmina Hasanhodzic, Andrew W. Lo
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Time-Varying Leverage Effects

SSRN Electronic Journal, 2010
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
BANDI F, Renò, Roberto
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Financial Leverage Does Not Cause the Leverage Effect

SSRN Electronic Journal, 2006
We quantify the effect of financial leverage on stock return volatility in a dynamic general equilibrium economy with debt and equity claims. We study the effects of financial leverage on the market portfolio, and on a small firm with idiosyncratic and market risk.
Abdullah C. Aydemir, Michael F. Gallmeyer, Burton Hollifield   +2 more
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The Leverage Effect and Propagation

SSRN Electronic Journal, 2020
This paper proposes a new way to measure the leverage effect and its propagation over time. We also show that, with respect to the newly proposed measure, common volatility models like the GJRGARCH, the Exponential GARCH, and the asymmetric SV can be inaccurate to correctly represent the leverage effect and its propagation for financial time series. We
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Leveraging on enterprises, Leverage Constraint and Macroeconomic Effects in China

SSRN Electronic Journal, 2021
The China’ economy has been structurally deleveraging recent years. By constructing a dynamic stochastic general equilibrium model with state-owned enterprises and private enterprises, this article explores the impacts of different types of firms deleveraging on China’s macroeconomic fluctuation and its welfare effects.
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Remember to Leverage Effect Size Estimates

Journal of Nursing Education, 2023
In 2023, the Methodology Corner column has opted to promote the efficacious use of effect sizes among our community of researchers. In this first entry of the year, we call attention to broad improvement in effect size reporting germane to our community, including more consistent reporting of effect sizes and their interpretations.
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Age Effects, Leverage and Firm Growth

SSRN Electronic Journal, 2009
Recent theories of firm dynamics emphasize the role of financial variables as determinants of firm growth. Empirically examining these relationships has been difficult, since there is a lack of financial data on the small, young, and private firms.
Kim P. Huynh, Robert J. Petrunia
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Leveraging AI for Effective To-Do List Gamification

2022
Many people procrastinate and struggle to prioritize their most important work. To help their users overcome such problems, gamified productivity tools like Habitica use heuristic point systems that can be counterproductive. We recently proposed a more principled way to compute point values that avoids such problems. Although it was promising in theory,
Consul, S., Stojcheski, J., Lieder, F.
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Leverage and evaluation effectiveness

Evaluation and Program Planning, 1980
Abstract Weaknesses in evaluations often can be traced to structural limitations in the positions of evaluation researchers. Conventional human relations techniques often are an insufficient basis for securing strong support for evaluation research. Strategies for increasing evaluation research leverage are reviewed.
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