Results 41 to 50 of about 55,961 (229)
Valuing voluntary disclosure using a real options approach [PDF]
, 2011 This paper outlines a real options approach to valuing those announcements which are made by firms outside of their legal requirements. From the firm's perspective, information is disclosed only if the manager of the firm is sufficiently certain that the
Delaney, L., Thijssen, J.
core
Institutional Changes, Effective Demand, and Inequality: A Structuralist Model of Secular Stagnation
Metroeconomica, EarlyView.ABSTRACT This paper addresses the factors driving economic stagnation and inequality in the US over recent decades. We study a demand‐driven model with joint adjustment of the functional distribution and capacity utilization in the short run, and explore the dynamics of wealth accumulation and labor productivity growth in the long run.
Vinicius Curti Cícero, Daniele Tavani
wiley +1 more source
Moneta e Credito, 2013 This article constitutes the slightly modified italian version of a conference held at Trinity College in San Antonio, Texas, the text of which is being published in Lives of the Laureates - Enlarges Edition, MIT Press, Cambridge, Mass.
F. MODIGLIANI
doaj +1 more source
Valuing Voluntary Disclosure using a Real Options Approach [PDF]
This paper outlines a real options approach to valuing those announcements which are made by firms outside their legal requirements. From the firm's perspective, information is disclosed only if the manager of the firm is sufficiently certain that the ...
Jacco J.J. Thijssen, Laura Delaney
core
Social welfare effects of annuitization in small open economies
The Scandinavian Journal of Economics, EarlyView.Abstract This paper develops a theory of when annuitization improves or reduces social welfare. The analysis is based on a small open economy with exogenous prices, populated by overlapping generations of non‐altruistic agents. Annuities provide longevity risk insurance and above‐market returns, but also reduce accidental bequests that transfer ...
Tim D. Maurer
wiley +1 more source
Monetary policy and asset prices with imperfect credit markets [PDF]
The Modigliani-Miller theorem is fundamental to the theory of corporate finance. One of the theorem's immediate implications is that there is no reason for the monetary authority to respond to asset prices.
Charles T. Carlstrom, Timothy S. Fuerst
core
Weighing the work of love: on Kate Davis's re-visioned iconoclasm [PDF]
, 2018 This essay offers a close reading of recent work by Glasgow-based artist Kate Davis to argue that her practice engages iconoclasm in ways importantly modified by her feminist commitments.
Paterson, Dominic
core +2 more sources
New Zealand Geographer, Volume 82, Issue 2, August 2026.ABSTRACT Using the 2017 myrtle rust (Austropuccinia psidii) incursion into Aotearoa New Zealand as a case study, we analysed media articles to examine how roles and responsibilities of actors are framed in the biosecurity system. We reveal a multi‐layered, evolving and uncertain biosecurity system.
Robyn Kannemeyer +2 more
wiley +1 more source
Firm Value and the mis-use of the CAPM for valuation and decision making [PDF]
This paper shows that a decision maker using the CAPM for valuing firms and making decisions may contradict Modigliani and Miller’s Proposition I, if he adopts the widely-accepted disequilibrium NPV.
Magni, Carlo Alberto
core +1 more source
Why Do Hedgers Hedge? The Role of Ambiguity
Journal of Futures Markets, Volume 46, Issue 6, Page 1053-1078, June 2026.ABSTRACT This paper investigates whether ambiguity influences hedging behavior in commodity futures markets. Using high‐frequency crude oil futures data, distinct measures of risk and ambiguity are linked to weekly hedging positions from the Commodity Futures Trading Commission (CFTC).
Fiona Höllmann
wiley +1 more source