Managerial risk taking and secured debt evidence from REITS

... impacts The thesis would bring some insights into the environmental legal regulation in Vietnam and the impacts they have on the industry I.1 Research questions The thesis aims to answer the following ... of environment within the Vietnam textile industry - Collecting and studying the Vietnamese environmental policies and standards, especially those app...

Ngày tải lên: 24/08/2013, 18:48

... viewed as foreign, and most states strictly forbid entry by banks from other states until the mid-1970s Even banks from other cities within a state were often blocked from opening branches in other ... resulting from foreign bank entry has been associated with more or less business cycle volatility We approach the topic with mix of theory and evidence from...

Ngày tải lên: 16/02/2014, 10:20

... city banks, regional banks and member banks of the Second Association of Regional Banks (also called Tier II regional banks), long-term credit banks, trust banks and other City banks are major banks ... the sum of “cash and due from banks” and “call loans” under “Assets” on banks’ balance sheets Due from banks include both banks’ reserves at the BOJ and banks’ deposits with othe...

Ngày tải lên: 16/02/2014, 11:20

... Monetary Policy Surprises and Interest Rates: Evidence from the Fed Funds Futures Market Abstract This paper estimates the impact of monetary policy actions on bill, note, and bond yields, ... with the effects of Fed policy on bond prices And because the first link in the transmission of Federal Reserve policy is from the Fed funds target...

Ngày tải lên: 06/03/2014, 02:21

... firm-years rather than simply firms See Carpenter and Guariglia (2003), Bond and Meghir (1994), Kaplan and Zingales (1997), Guariglia and Schiantarelli (1998), and Guariglia (2000) for a similar approach ... differentiating the effects of the latter variable across small firm-years making a low use of trade credit; small firm- years making a high use of trade cre...

Ngày tải lên: 06/03/2014, 08:20

... combine experimental and survey evidence from India and Indonesia to argue that the demand for bank savings accounts is not constrained by lack of financial literacy, but rather by high prices ratio ... offer insurance in case of a funeral or other catastrophic events (Dupas and Robinson, 2012) Finally, while bank savings are made individually, ROSCA contributions are made in...

Ngày tải lên: 06/03/2014, 10:20

... available on the Cleveland Fed’s website at: www.clevelandfed.org/research Working Paper 12-14 June 2012 Deep Recessions, Fast Recoveries, and Financial Crises: Evidence from the American Record Michael ... Deep Recessions, Fast Recoveries, and Financial Crises: Evidence from the American Record By Michael D Bordo and Joseph G Haubrich∗ Jun...

Ngày tải lên: 06/03/2014, 19:20

... gasoline prices and retailer markups documented in Lewis (2011) The primary contribution of this paper is to provide evidence of mental accounting “in the wild.” Most evidence on mental accounting ... models of consumer demand Econometrica 52 (3): 541-561 Heath, Chip and Jack B Soll 1996 Mental budgeting and consumer decisions The Journal of Consumer Research 23(1):...

Ngày tải lên: 06/03/2014, 21:20

... low mortality and low growth rates For example, the 1982, 1990 and 2000 population census, and the 1997 and 2001 population and reproductive health surveys PARENTAL EDUCATION AND CHILD HEALTH ... relationship between parental education and child health Most of these studies find that parental education level is positively associated with child health, and that...

Ngày tải lên: 14/03/2014, 11:20

... al (2012) Credit-risk valuation in the sovereign CDS and bonds markets: Evidence from the euro area crisis 13 dispersion in the beliefs of investors on the probability that certain European countries ... 1% (5% and 10%) Credit-risk valuation in the sovereign CDS and bonds markets: Evidence from the euro area crisis 35 7 Concl...

Ngày tải lên: 15/03/2014, 07:20

Ngày tải lên: 16/03/2014, 03:20

Ngày tải lên: 16/03/2014, 03:20

... between payoff complementarities and financial fragility in the context of mutual fund outflows We first present a global-game model of strategic complementarities applied to the context of mutual fund ... performance, funds holding illiquid assets (henceforth: illiquid funds) experience more outflows than funds holding liquid assets (henceforth: liquid funds) Essentially, out...

Ngày tải lên: 16/03/2014, 14:21

... Expression and Financial Risk Preferences: Association with Loss Aversion, Anxiety-Related Personality Traits and Polymorphism 1.1 Introduction ……………………………………………………………… 1.2 Materials and Methods ... behavioral economics The three essays in this dissertation study people’s risk and social preferences from an empirical and experimental perspective We use biological data,...

Ngày tải lên: 09/09/2015, 08:13

... affects secured debt and try to find out the reason behind the effect of managerial risk- taking on secured debt Although to examine the impact of managerial risk- taking incentive on secured debt ... explored the link between managerial risk- taking incentive and secured debt If I follow the risk financing theory, the negative relation between secure deb...

Ngày tải lên: 13/10/2015, 15:57