Results 51 to 60 of about 1,860 (237)
Determinants and consequences of fiscal procyclicality and sustainability [PDF]
, 2012 A countercyclical fiscal policy combined with sustainable fiscal finances is considered to be one of the most important objectives in modern economic policy.
Park, Junho
core
Fiscal Policy Regimes in Resource‐Rich Economies
Journal of Applied Econometrics, EarlyView.ABSTRACT We analyse fiscal policy in resource‐rich economies using a novel Bayesian regime‐switching panel model. The identified regimes capture pro‐ or countercyclical fiscal behaviour by allowing regime‐specific shifts in the average fiscal stance, while the switches between the regimes have the interpretation of changes in fiscal policy.
Hilde C. Bjørnland +3 more
wiley +1 more source
ACCURACY VERSUS COMPLEXITY TRADE-OFF IN VaR MODELING: COULD TECHNICAL ANALYSIS BE A SOLUTION?
Journal of Financial Management, Markets and Institutions, 2019 Accurate Value at Risk (VaR) estimations are crucial for the robustness and stability of a financial system. Even though significant advances have been made in the field of risk modeling, many crises have emerged during the same period, and an ...
EVANGELOS VASILEIOU
doaj +1 more source
Managerial and Decision Economics, EarlyView.ABSTRACT This study examines the relationship between firm ownership and organizational performance with a focus on heterogeneity in the professionalization of management. Using a comprehensive panel dataset of Spanish manufacturing firms, the study identifies significant ownership‐ and management model‐related differences in productive efficiency. The
Javier Ortiz, Ana F. Gargallo‐Castel
wiley +1 more source
Structural Insights Into the Function of Leishmania major Adenylosuccinate Lyase
Proteins: Structure, Function, and Bioinformatics, EarlyView.ABSTRACT One of several intriguing aspects of kinetoplastid biochemistry is the complete dependence on host purines and purine recycling due to the lack of a de novo purine biosynthesis pathway. Adenylosuccinate lyase (ASL, EC 4.3.2.2) is a key enzyme in the purine synthesis pathway responsible for the conversion of adenylosuccinate into adenosine ...
Ivan R. e Silva +10 more
wiley +1 more source
Sustainable Development, EarlyView.ABSTRACT This study examines the dynamic interactions between climate risk, oil price uncertainty (OPU), and technological innovation in shaping Sustainable Development Goals (SDGs) related to Sustainable Cities and Communities (SCC) across Gulf Cooperation Council (GCC) countries from 2005 to 2024. Using a panel Time‐Varying Interactive Fixed Effects (
Mohamed Sami Ben Ali +2 more
wiley +1 more source
Sources of pro-cyclicality in east Asian financial systems
, 2006 Procyclicality is a normal feature of economic systems, but financial sector weaknesses can exacerbate it sufficiently to pose a threat to macroeconomic and financial stability.
Davis, EP +5 more
core +1 more source
Fiscal federalism and procyclical spending: the cases of Argentina and Brazil
Económica, 2006 This paper studies the sources of procyclicality for the spending of subnational governments in Argentina and Brazil. We find that tax sharing schemes explain only a marginal share of the prociclicality of revenues, with most of the prociclicality ...
Federico Sturzenegger +1 more
doaj
South African Journal of Business Management, 2013 This paper investigates the procyclicality of bank loans to Small and Medium Enterprises (SMEs) and to Large Enterprises (LEs) using aggregated and cross-sectional data from major private, foreign, and state-owned banks in Korea in the period from 1999 ...
Ji-Yong Seo
doaj +1 more source
Systemic risk: A game of lenses and clocks [PDF]
Bankarstvo, 2015 Until recently the debate on systemic risk was reduced to examining sudden exogenous shocks. Today the reference literature emphasizes that systemic shocks may have a source in domestic or international environment, as a consequence of procyclicality in ...
Drvendžija Jelena
doaj +1 more source