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Underpricing Versus Underinvestment in Ipos
2005We study signaling equilibria at the IPO when owners determine not only the price at which to sell primary equity but also the amount of investment proceeds to raise. This implies owners have a choice of two signals at the IPO, i.e., investment oriented signaling and underpricing.
Andrew H. Roper, Min Shi
openaire +1 more source
Reforming Welfare in Texas: A Case of Underinvestment
1994Almost everyone agrees that welfare should provide only temporary financial support for families. Because most mothers in today's world must work to help support their families. the general public feels that welfare mothers should do the same. Then, why is it so difficult to get women to leave welfare for employment?
King, Christopher T. +1 more
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Have we Underinvested in Education?
1994Abstract This paper argues that there is no evidence that the economic return to schooling has been overestimated by attributing erroneously to education increased earning power caused, in fact, by ability. Moreover, there is considerable evidence that the economic return to education has been underestimated, and may be as much as 16 percent for each
openaire +1 more source
Population aging and structural over/underinvestment
Economic Change and Restructuring, 2023Karel Bruna, Jiří Pour
exaly
Gross underinvestment in antibacterial research
The Lancet Infectious Diseases, 2014openaire +3 more sources
The Underinvestment and Overinvestment Hypotheses: an Analysis Using Panel Data
European Financial Management, 2003Julio Pindado
exaly