Results 131 to 140 of about 2,315,880 (217)

Risk premia reconsidered: Illiquidity and selection bias for stocks and corporate bonds in the pre‐First World War period

The Economic History Review, EarlyView.
Abstract Financial history is plagued by a visibility trap. Using the Brussels Stock Exchange (1850–1913), we demonstrate that asset illiquidity introduced selection bias, which systematically inflated historical risk premia. Applying a latent return model, we argue that correcting for this illiquidity decreases the equity and corporate bond risk ...
Justin Case, Eline Poelmans, Gertjan Verdickt   +2 more
wiley   +1 more source

From linear to circular: the impact of economic policies and technological innovations on greenhouse gas emissions in the Netherlands. [PDF]

Carbon Balance Manag
Abbas Q, Imran M, Sattar A.
europepmc   +1 more source

A Word About Hypothesis

, 2008
Hypothesis Editors-in-Chief
core   +1 more source

Employment Protection and Bank Dividends: Evidence From Wrongful Discharge Laws

European Financial Management, EarlyView.
ABSTRACT Using the staggered adoption of the good faith exception to U.S. wrongful discharge laws, we examine the causal effect of employment protection and firing costs on bank dividend payouts. We find stronger employment protection significantly reduces dividends, with good faith adoption lowering payouts by 7% relative to the mean. In line with the
Alessio Bongiovanni, Joshua Cave
wiley   +1 more source

Assessing the Relationships of Expenditure and Health Outcomes in Healthcare Systems: A System Design Approach. [PDF]

Healthcare (Basel)
Vărzaru AA.
europepmc   +1 more source

Life Cycle Consumption and Portfolio Choice Under Real Interest Rate Risk

Financial Management, EarlyView.
ABSTRACT We set up a life cycle model with real interest rate risk to demonstrate that real interest rates have implications for optimal household consumption and investments. Lower interest rates lead to higher optimal stock investments and lower consumption.
Marcel Fischer, Natascha Jankowski
wiley   +1 more source

Modeling Memory Effects in a Head-Final Language With Category Locality. [PDF]

Open Mind (Camb)
Isono S, Kajikawa K, Oseki Y, Asahara M.
europepmc   +1 more source

Geopolitical Risk and Domestic Bank Deposits

Financial Management, EarlyView.
ABSTRACT We investigate the relationship between global geopolitical risk and bank deposit flows across a wide panel of European countries. Motivated by the pivotal role of deposit stability for financial intermediation and systemic resilience, we explore whether geopolitical shocks alter depositors’ portfolio choices.
Dimitris Anastasiou, Theodore Kapopoulos, Steven Ongena, Athanasios Sakkas   +3 more
wiley   +1 more source

Comparative analysis of stochastic seasonality, January effect and market efficiency between emerging and industrialized markets. [PDF]

Heliyon
Eduah N, Debrah G, Aidoo EK, Mettle FO.
europepmc   +1 more source

Reputation and Asset Prices: Evidence From Trump Real Estate

Financial Management, EarlyView.
ABSTRACT We analyze the impact of brand reputation on asset prices by exploiting the prominence of Donald Trump in Manhattan real estate. Our quasi‐experiment identifies a 14.5% discount to condominiums in Trump‐branded buildings after controversies surrounding Trump's presidential candidacy began in June 2015 up to 2022.
Marlene Koch, Simon Stehle, Rémi Vivès
wiley   +1 more source