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monetary fiscal policies on output depends on the exchange rate regime and on the degree of capital mobility summary table

the choice of exchange-rate regime and speculative attacks

the choice of exchange-rate regime and speculative attacks

Ngân hàng - Tín dụng

... observes x and the fraction of speculators who decide to attack the band, α, and then decides whether or not to defend the band If he does, the exchange rate stays at the boundary of the band and the ... exchange- rate bands The paper focuses on the trade-offs that determine the optimal band width by analyzing the strategic interaction between the ex ante choice of exchange- rate regime and the ... class of regimes than usually considered To focus on the main novelty of the paper, which is the strategic interaction between the ex ante choice of exchange- rate regime and the probability of ex...
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the choice of exchange-rate regime and speculative attacks

the choice of exchange-rate regime and speculative attacks

Chuyên ngành kinh tế

... observes x and the fraction of speculators who decide to attack the band, α, and then decides whether or not to defend the band If he does, the exchange rate stays at the boundary of the band and the ... exchange- rate bands The paper focuses on the trade-offs that determine the optimal band width by analyzing the strategic interaction between the ex ante choice of exchange- rate regime and the ... class of regimes than usually considered To focus on the main novelty of the paper, which is the strategic interaction between the ex ante choice of exchange- rate regime and the probability of ex...
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ON THE DETERMINANTS OF CAPITAL STRUCTURE: AN EMPIRICAL STUDY OF VIETNAMESE LISTED FIRMS

ON THE DETERMINANTS OF CAPITAL STRUCTURE: AN EMPIRICAL STUDY OF VIETNAMESE LISTED FIRMS

Thạc sĩ - Cao học

... The cost of capital, corporation finance and theory of investment” in the American Economic Review The M&M theory on capital structure claims that in an efficient market and in the absence of ... assets The capital structure decision is one of the most important decisions made by financial management The capital structure decision is at the center of many other decisions in the area of corporate ... pecking-order theory 2.2.1 THE TRADE-OFF THEORY The trade-off theory explains firms’ choice of leverage by a trade-off between the benefits and costs of debt A trade-off of costs and benefits of borrowing,...
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ON THE DETERMINANTS OF CAPITAL STRUCTURE: AN EMPIRICAL STUDY OF VIETNAMESE LISTED FIRMS

ON THE DETERMINANTS OF CAPITAL STRUCTURE: AN EMPIRICAL STUDY OF VIETNAMESE LISTED FIRMS

Thạc sĩ - Cao học

... includes the definitions of Banking, Board, Women in the boardroom and firm performance, and the descriptions of the theories used to explain the relationships between the two constructs Woman on the ... ABSTRACT TABLE OF CONTENTS LIST OF TABLES LIST OF FIGURE LIST OF ACRONYMS 10 Chapter INTRODUCTION 11 1.1 Background of the Study 11 1.2 Objective of the Study 12 1.3 Important of the Study 12 THEORETICAL ... the company's president and therefore also be one of the inside directors on the board (if not the chairman) * Chief Operations Officer (COO) – Responsible for the corporation's operations, the...
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The effects of capital structure on firm performance and firm transparency  a study of firms listed in ho chi minh stock exchange (hose)

The effects of capital structure on firm performance and firm transparency a study of firms listed in ho chi minh stock exchange (hose)

Tổng hợp

... section Chapter - Conclusion: This chapter summaries the research findings and give conclusions on the research topic Implications of research results as well as their limitations and further ... about the relationship between firm value and capital structure Later on, findings of previous studies are presented and summarized After checking on the current condition of the local market, the ... research model on the relationship between capital structure and firm performance with the purpose to validate conclusions of previous authors in the context of Vietnam market Traditional capital structure...
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Upgrading britain the effect of capital expenditure trends on productivity, profitability and competitiveness

Upgrading britain the effect of capital expenditure trends on productivity, profitability and competitiveness

Tổng hợp

... reflect the degree of confidence that management hold in the economy, or the cash held on many balance sheets While more than two-thirds (67%) of respondents express confidence about the future economic ... profitability and competitiveness The state of the UK economy Taking the decision to commit to investing capital is largely driven by the level of confidence that business leaders have in the overall economy, ... Harrison, acknowledges the impact of the recession on spending plans, reinforcing a focus on constraining costs and removing debt from the balance sheet “If we go back 18 months to two years and there...
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The impact of capital structure on firm performance of listed companies in HNX

The impact of capital structure on firm performance of listed companies in HNX

Tổng hợp

... dividends on equity, however, does not The thought of another way, the actual rate of interest companies pay on the bonds that they issue is less than the nominal rate of interest because of the tax ... have 35 and 27 companies respectively The Production of construction materials contains exploration and creation of materials for the basic construction industry For example, they can be the extraction ... performance (proxied by the return on investment) and leverage of the firms over a period of ten years The results provided strong evidence in support of the traditional theory of capital structure...
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A study on the effectiveness of information gap on the tenth grade students participation in speaking classes at nguyen hue high school submitted in partial fulfillment of requirements of the degree of bach

A study on the effectiveness of information gap on the tenth grade students participation in speaking classes at nguyen hue high school submitted in partial fulfillment of requirements of the degree of bach

Luận văn báo cáo - ngoại ngữ

... Part 1: The Introduction consists of the rationale, the objectives, the questions, the scope, the method, the significance and the design of the study  Part2: The “Development” consists of three ... 83 viii PART ONE INTRODUCTION Chapter one discusses the rationale, the research questions, the objectives, the scope, the significance, the methods and the design of the study I Rationale English ... evaluation The ultimately step of an action research is analysis and evaluation Evaluation includes “determining whether the theoretical effects of the action were realized, and whether these effects...
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The effect of capital structure on the profitability of listed real estate invesment trusts (reits) in the united kingdom from 2007 to 2014

The effect of capital structure on the profitability of listed real estate invesment trusts (reits) in the united kingdom from 2007 to 2014

Khoa học xã hội

... about the relationship of size and return on asset (ROA) There are different views on the effect of size on the return on asset, which is the indicator of the profitability of REITs Morri and Beretta ... debt ratio and there is an effect of total debt ratio on profitability of REITs, there could be also an effect of long-term debt ratio on the profitability of REITs On the other hand, if REITs ... literature of not focusing on analysing the effect of capital structure on the profitability of REITs Most of the studies investigating that profitability as the determinant of the capital structure...
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Báo cáo hóa học:

Báo cáo hóa học: " Soft-In Soft-Output Detection in the Presence of Parametric Uncertainty via the Bayesian EM Algorithm" ppt

Báo cáo khoa học

... estimate the random parameters of the communication channel in a direct fashion Nonetheless, they can be considered as SISO detectors, since they generate soft estimates (i.e., the APPs) of the transmitted ... the fact that the complexity of optimal multiuser detection grows exponentially with the number of users [41] One of the interesting applications of the EM technique has been the derivation of ... H(k+1) needed for the initialization of the ST-OFDM BEM in the (k + 1)th iteration of the receiver At the beginning of the first iteration, however, no a priori information on the channel symbols...
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The Volatility of Capital Flows in South Africa: Some Empirical Observations

The Volatility of Capital Flows in South Africa: Some Empirical Observations

Ngân hàng - Tín dụng

... expectation of a strengthening of the rand) or by raising interest rates Under either of these options, it would probably be both difficult and undesirable for the SARB to maintain the higher rates of ... have the benefit of establishing a clear timetable for NOFP cuts and help allay concerns that the process of NOFP reduction might be open-ended Moreover, if the profile of purchases were Jonsson ... occasions, the SARB may need to attract capital into the country by offering improved rates of return This could be done either by forcing a step exchange rate depreciation (and thereby generating the...
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A research proposal submitted  in partial fulfillment of the requirements for the degree of Master of Business Administration

A research proposal submitted in partial fulfillment of the requirements for the degree of Master of Business Administration

Quản trị kinh doanh

... 1.4 Scope of the study First of all, this study is only conducted in Hanoi, the country’s capital Due to its role and contributions into the national economy, Hanoi is considered as one of major ... introduction including the rationale of the study, indentification of the problem, objectives, scope and limitations of the study Chapter presents a literature review which contains the background and ... actual evaluations of the stores’ performance, the research tries to uncover the shoppers’ expectations of this kind of store In addition, the demographic profile of the store’ users and non-users...
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Chapter 11   the cost of capital

Chapter 11 the cost of capital

Tài chính doanh nghiệp

... Understand the cost of capital and the specific sources of capital associated with the cost of capital • Determine the cost of debt and preference share capital • Calculate cost of ordinary share capital, ... Where: wi = Proportion of long term debt in the capital structure wp = Proportion of preference share capital in the capital structure ws = Proportion of ordinary share equity in the capital structure ... dollar of total new financing  Is an increasing function of the level of total new financing  The ‘break point’ is the level of total new financing at which the cost of one of the financing components...
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Tài liệu A thesis submitted to The University of Birmingham for the degree of Clinical Psychology Doctorate docx

Tài liệu A thesis submitted to The University of Birmingham for the degree of Clinical Psychology Doctorate docx

Sức khỏe trẻ em

... 57 users, and whole sample Table 4: Service user information for White and BME service users 61 Table 5: Timetable of clinical work 98 Table 6: Mean response rates in each phase of the design ... impact a chronic illness can have on the lives of children, young people and their families, together with dietary self-management as the cornerstone of treatment in CD, the aims of this literature ... understanding the importance of the diet, and to ‘fit in’ (Olsson, Hornell, Ivarsson, & Sydner, 2008) Increasingly, there is a focus on health related quality of life for children (HRQOL) in which there...
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Accounting Information, Disclosure, and the Cost of Capital doc

Accounting Information, Disclosure, and the Cost of Capital doc

Kế toán - Kiểm toán

... precision, ωj; 2) the number of new observations, Q; or 3) the precision of these observations, γj Since the assessed variance of the firm’s cash flow is one of the components of the covariance of the ... value of N (the number of investors) and J (the number of firms in the economy), there is a non-zero effect on price and on the cost of capital of reducing the assessment of firmvariance The firm-specific ... shows that the cost of capital of the firm depends on four factors: the risk free rate, the aggregate risk tolerance of the market, the expected cash flow of the firm, and the covariance of the firm’s...
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FIGURATIVE SCULPTURE IN PAPER CLAY - IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF FINE ARTS ppt

FIGURATIVE SCULPTURE IN PAPER CLAY - IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF FINE ARTS ppt

Kiến trúc - Xây dựng

... at ETSU saw the smoke, dumped them out of the garbage cans I used for firing onto the 20° F concrete and hosed them off, while they were red hot, with freezing water They survived The velvety ... Joanne McMahon (1997) An Illustrated Map of the Sheela-Na-Gigs of Britain and Ireland: Bandia Publishing Rowland, Benjamin (1953) The Art and Architecture of India: Buddhist, Hindu, Jain Harmondsworth, ... technique and the work of Rosette Gault; ceramic workshops in Appalachia; mythology and feminism as inspiration; the effect of nature and environment on art; and Georges Jeanclos Includes images and...
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The Death of Capital Gains Investing pdf

The Death of Capital Gains Investing pdf

Quản trị kinh doanh

... for a big profit once they retire And if they retire during a bear market like the current one, there's no guarantee they'll get nearly the money they hoped for years ago And once they sell, at ... investors One of those types of companies is regulated by the government, and allowed to raise prices every year by MORE than the rate of inflation And if you're not in the US, you may be in one of the ... defaulting on its government bonds So are Spain, Ireland, Italy and Portugal There's a lot of pressure on Germany to back up the excess spending of rest of the continent, but German taxpayers have their...
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A MASTER''''S PROJECT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTERS IN NURSING potx

A MASTER''''S PROJECT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTERS IN NURSING potx

Cao đẳng - Đại học

... escalation of prescription drug use has placed a significant impact on the global consumption of all opioids, the United States (US.) consuming 80% of the global supply and 99% of the global supply of ... prescriptions written for all of these have risen over the last years (CDC, 2010) In addition, Americans are consuming 80% of the global supply of all opioids and 99% of the global supply of hydrocodone ... for a national prescription monitoring program (NASPER) and a lack of adequate professional and public education The lack of funding was the biggest contributing factor to implementing the NASPER...
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THE DEGREE OF JUDICIAL ENFORCEMENT AND CREDIT MARKETS: EVIDENCE FROM JAPANESE HOUSEHOLD PANEL DATA ppt

THE DEGREE OF JUDICIAL ENFORCEMENT AND CREDIT MARKETS: EVIDENCE FROM JAPANESE HOUSEHOLD PANEL DATA ppt

Ngân hàng - Tín dụng

... with the exception of Fabbri (2002), employ the stock of debt to examine the impact of the degree of judicial enforcement on loan size Most of these studies find the impact of the degree of judicial ... Surprisingly, the estimation results of this paper are opposite in sign to the theoretical predictions of the traditional view, and we provide one possible interpretation at the end of Section III.B We then ... analysis of the impact of better judicial enforcement on the probability of being rationed (Section III.A), on loan size (Section III.B), and on the probability of bankruptcy (section III.B) A The Probability...
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