Results 51 to 60 of about 6,071 (239)
Macroeconomic Determinants of BRICS Property Market Returns: A Regime-Switching Approach
Finance, Accounting and Business AnalysisPurpose: The aim of the study was to examine the effect of macroeconomic variables on Brazil, Russia, India, China and South Africa’s (BRICS) property market returns under changing market conditions.
Fabian Moodley +2 more
doaj +1 more source
Oil and the Macroeconomy Revisited [PDF]
SSRN Electronic Journal, 1999 The relationship between oil price shocks and U.S. macroeconomic fluctuations advocated by Hamilton (1983) broke down in the 1980s amidst a new regime of highly volatile oil price movements. Several authors have argued that asymmetric and nonlinear transformations of oil prices restore that relationship and thus that the economy responds asymmetrically
openaire +1 more source
The Chemistry of the Macroeconomy
SSRN Electronic Journal, 2021 Asset booms and busts have accompanied or caused recent macroeconomic fluctuations. However, asset prices are not a part of GDP nor are they included in inflation calculations. Links between the financial sector and real economy are increasingly important.
openaire +1 more source
Developmental or Liberal? How Japan and South Korea Diffuse Hybrid Financial Market Norms
Development and Change, EarlyView.ABSTRACT East Asian economies have become major creditors in recent decades. However, while existing studies address the macroeconomic impact on the global economy of capital flows from East Asian economies, the impact of norm and policy diffusion that accompany such flows has received relatively little attention.
Yaechan Lee, Saori N. Katada
wiley +1 more source
Optimization of geological exploration [PDF]
Acta Montanistica Slovaca, 1996 The problem of optimization of geological exploration is complicated owing to the probability character of determinants, parameters and results of the exploration process and the difficulty in defining a object function.
Schejbal Ctirad
doaj
Spanish stock returns, growth, and inflation, 1900–2020
The Economic History Review, EarlyView.Abstract This paper studies equity returns in the Madrid Stock Exchange and their connections with the macroeconomy from the emergence of a stock market around 1900 to its ‘big bang’ at the turn of the twenty‐first century. Using high‐quality data from primary sources and the methodology of the modern IBEX35 (published since 1987), we constructed an ...
Stefano Battilossi +2 more
wiley +1 more source
Risk Perceptions and Corporate Financing Behavior
Financial Management, EarlyView.ABSTRACT Using a recently developed measure of financial market risk perceptions, we show that risk perceptions affect firm‐level corporate financing behavior. Firms tend to adjust their capital structures to cater to investors' appetite for risk. When perceived risks are low, firms tend to choose more leveraged capital structures to take advantage of ...
Youngmin Choi +2 more
wiley +1 more source
Dynamics of High‐Growth Young Firms and the Role of Venture Capitalists
International Economic Review, EarlyView.ABSTRACT Motivated by the substantial growth and upfront investments of venture capital (VC)‐backed firms observed in administrative US Census data, this study develops a life‐cycle firm dynamics model. In the model, startups choose the source of financing from VC, angel investors, or banks, depending on their growth potential, and invest in innovation.
Yoshiki Ando
wiley +1 more source
Labor Market Monopsony Power and the Dynamic Gains to Openness Reforms
International Economic Review, EarlyView.ABSTRACT We embed labor market monopsony into a dynamic heterogeneous‐firm general equilibrium model with exporting, horizontal FDI, and rich firm lifecycle dynamics. Rising marginal costs with monopsony slow and limit incumbent firm growth in response to liberalization, shifting adjustment to the extensive margin.
Priyaranjan Jha +2 more
wiley +1 more source
Financial Fragility and the Fiscal Multiplier
Journal of Money, Credit and Banking, EarlyView.Abstract We show that undercapitalized banks with large holdings of government bonds subject to sovereign default risk lead to a new crowding‐out channel: deficit‐financed fiscal stimuli lead to higher bond yields, triggering capital losses for the banks. Banks then cut back loans, which reduces fiscal multipliers.
CHRISTIAAN VAN DER KWAAK +1 more
wiley +1 more source