... stock split announcements and execution dates (Brennan and Copeland 1988; Lakonishock and Lev 1987; Fama et al 1969; Forjan and McCorry 1998; Biger and Page 1992; and Wu and Chan 1997) The consistency ... (Lakonishok and Lev 1987), whereas Brennan and Hughes (1991) and Ikenberry et al (1996) suggest that stock splits cause investment analysts and dealers to reevaluate their firms and discover ... royal decree to develop and set the standards, regulations, and rules that promote the market operations SAMA was delegated and charged with the day-to-day regulation and supervision of the capital...
Ngày tải lên: 30/09/2015, 16:34
... The poverty indexes include the poverty rate, the poverty gap index, and the squared poverty gap index.4 It should be noted that the point estimates as well as the standard errors of the poverty ... ηc and ˆ εic are drawn from their estimated distributions, and an estimate of per capita expenditure and the poverty indices are obtained After k simulations, we can get the average and standard ... below the poverty line and zero for ∑w is total population size α is equal to for the poverty rate, for the poverty gap index (also called the poverty depth index), and for the squared poverty...
Ngày tải lên: 08/08/2015, 19:23
Does Access to Foreign Markets Shape Internal Migration? Evidence from Brazil
... Paillacar, and C Terra 2010 “Economic Geography and Wages in Brazil: Evidence from Micro-Data.” Journal of Development Economics 91 (1): 155–68 Fiess, N., and D Verner 2003 “Migration and Human ... In O Ashenfelter, and D Card, eds., Handbook of Labor Economics North Holland: Elsevier Morten, M., and J Oliveira 2014 “Migration, Roads and Labor Market Integration: Evidence from a Planned Capital ... Industry, Brazil 1986– 2001.” mimeo ——— 2008 “Trade and Workforce Changeover in Brazil. ” In Lane Bender, Andersson Shaw, and Wachter von, eds., The Analysis of Firms and Employees: Quantitative and...
Ngày tải lên: 25/08/2016, 15:23
Decentralization and Water Pollution Spillovers: Evidence from the Re-drawing of County Boundaries in Brazil ppt
... bacterial count and organisms in the water, which accumulate wherever there is a high level of pollution from organic matter It is commonly used to measure pollution from industrial, sewage, and runoff ... high, organic pollution is low, and BOD levels will also be low High levels of organic pollution and BOD are associated with river eutrophication.7 Organic pollution may be derived from a variety ... extraction and refining (sugar cane refining is a particularly large industry in Brazil, and untreated waste waters from sugar refineries carry high organic pollution loads), pulp and paper industries,...
Ngày tải lên: 29/03/2014, 14:20
COMBINING EVIDENCE ON AIR POLLUTION AND DAILY MORTALITY FROM THE 20 LARGEST US CITIES: A HIERARCHICAL MODELLING STRATEGY potx
... (lag 0) pollution values to predict mortality, (b) using the previous day's (lag 1) pollution levels and (c) using pollution levels from days before (lag 2) (Breslow and Clayton, 1993) and health ... concurrent day's (lag 0) pollution values, using the previous day's (lag 1) pollution levels and using pollution levels from days before (lag 2) Section presents the base-line and the spatial hierarchical ... strategies based on Bayesian and classical geostatistical models as suggested by Handcock and Stein (1993), Cressie (1994), Kaiser and Cressie (1993) and Cressie et al (1999) and Bayesian models for...
Ngày tải lên: 06/03/2014, 16:20
Air pollution and infant health: Lessons from New Jersey doc
... identical: the actual and simulated within standard deviations for ozone are 0.939 and 0.947, respectively, for CO are 0.301 and 0.271, respectively, and for PM10 are 0.410 and 0.407, respectively, ... increase in pollution, then our results will tell us about the effects of variations in pollution for the range of pollution we observe Data Detailed data on atmospheric pollution come from the New Jersey ... 2–4 plot pollution levels at one particular pollution monitor (the Camden Lab monitor in Camden) over time and residual pollution levels after controlling for the time and monitor effects and the...
Ngày tải lên: 23/03/2014, 02:20
Are Consumers Myopic? Evidence from New and Used Car Purchases docx
... 25 Table 7: New and Used Cars: Implicit Discount Rates Market Assumed Demand Elasticity NHTSA VMT, NHTSA Survival Rates Used New New New New Used New New New New Used New New New New NA -2 -3 ... in new cars differs from the finding of at least some myopia in used cars by Kahn (1986), Kilian and Sims (2006), and Allcott and Wozny (2011) because the effect is actually different for new and ... figures, from registrations, or from surveys Second, our data allow us to compare the effects of gasoline prices on both prices and quantities of cars, and in both used and new markets, in data from...
Ngày tải lên: 23/03/2014, 10:20
Environmental regulation and economic competitiveness: Evidence from the textile industry in Vietnam
... Quality Standards (or Ambient Environment Standard), (2) Effluent Standards; and (3) Supporting Standards (testing, sampling standards etc) Most of supporting standards are adapted from those ... basic principles and methods to protect the ecological environment and control the pollution The LEP stipulates rights and obligations of the State and people as individuals and organizations ... some are set mandatory by MoNRE So far, of 360 environmental standards, one third is made mandatory including parameters of solid waste and wastewater Standards of dust, chemicals and emissions...
Ngày tải lên: 24/08/2013, 18:48
Tài liệu Fertility, Family Planning, and Women’s Health: New Data From the 1995 National Survey of Family Growth pptx
... for all women and never-married women, by age at interview and by age and race and Hispanic origin for teenagers: United States, 1995 All women Number in thousands Age and race and Hispanic origin ... age at interview and percent distribution by wantedness status, according to education and race and Hispanic origin: United States, 1995 Number in thousands Education and race and Hispanic origin ... age and mean age at first menstrual period, according to age and race and Hispanic origin: United States, 1995 Age in years Age and race and Hispanic origin Total Under 10 10 11 12 13 14 15 and...
Ngày tải lên: 12/02/2014, 23:20
Tài liệu Báo cáo " Late Eocene metamorphism and ductile deformation age of Con Voi range, the Red River shear zone: evidence from the garnet Sm/Nd dating" docx
... the temperature and pressure varying from 550oC to 780oC and from 3kbar to 7kbar respectively [2] Systematically radiochronological studies of the deformed and high metamorphic rocks inside the ... under the almandineamphibolitic facies [2, 10] and probably granulite facies [15] The range was affected by a strained schistosity and foliation delineated by alternation of rich felsic and dark ... elimination of dusts, carbonate and sulfur film were made with HCl and HNO3 and ultrasonic tank within one hour Fig Petro-structural sketch map of Con Voi range and sample location 1- Late Eocene-Miocene...
Ngày tải lên: 13/02/2014, 12:20
Tài liệu The Benefits of Bank Deposit Rate Ceilings: New Evidence on Bank Rates and Risk in the 1920s (p. 2) docx
... Exchanges and demand cash items Other Items in cash 5- Due from Banks & Trust Cos (Res Depositories) Due from other Banks, Trust Cos., etc 7- Due from Banks (Foreign) a Foreign Currency on hand 9- ... 000 000 Deposits: 000 000 Due New York State Savings Banks ' Due New York State Savings and Loan Associations, Credit Unions and Land Bank Deposits of the State of New York •0 000 Deposits of the ... additional body of data and an improved deposit rate proxy and got a similar result Benston first used data on 412 New York State banks (95 percent of all New York State banks outside of New York City)...
Ngày tải lên: 15/02/2014, 05:20
Tài liệu FOREIGN BANK ENTRY AND BUSINESS VOLATILITY: EVIDENCE FROM U.S. STATES AND OTHER COUNTRIES docx
... AND BUSINESS VOLATILITY: EVIDENCE FROM U.S STATES AND OTHER COUNTRIES Donald P Morgan Philip E Strahan Federal Reserve Bank of New York Boston College, Wharton Financial Institutions Center and ... with a mix of theory and evidence from both the U.S states and countries Our theory is based on the macroeconomic banking model in Holmstrom and Tirole (1997) Morgan, Rime, and Strahan (2003) use ... variables are much less of a problem when comparing New York and New Mexico than when comparing Chile and China Cross-country studies also suffer from measurement problems for observable variables,...
Ngày tải lên: 16/02/2014, 10:20
Tài liệu Quantitative Easing and Bank Lending: Evidence from Japan ppt
... Methodology and Estimation Results Baseline regression Our bank-level data are available from September 2000 to March 2009 and are taken from semi-annual balance sheet reports obtained from the ... Arrellano and Bover (1995) and Blundell and Bond (1998).4 This technique is often used to control for endogeneity problems in panel data with small T and large N, as well as endogenous and predetermined ... between liquidity and loan growth differed across the QEP and the non-QEP periods For the QEP period, the results This estimator was proposed by Arellano and Bover (1995) and Blundell and Bond (1998)...
Ngày tải lên: 16/02/2014, 11:20
Tài liệu Accounting Practices and the Market Valuation of Accounting Numbers: Evidence from Indonesia, Korea, Malaysia, the Philippines, Taiwan, and Thailand doc
... value and earnings together ranges from 20 to 38 percent for Germany, from 48 to 78 percent for France, and from 14 to 42 percent for the UK They not examine incremental explanatory power Evidence ... Accounting Standards and Standard Setting in the Six Countries Country Indonesia Korea Malaysia Philippines Taiwan Thailand Primary basis for accounting standards Independent accounting standards ... Philippines, and Taiwan, and declining for Indonesia and Thailand and mixed for Malaysia Similarly, the incremental explanatory power of BVPS is increasing for Korea, the Philippines, and Taiwan,...
Ngày tải lên: 17/02/2014, 09:20
Tài liệu A REVIEW OF INDOOR AIR POLLUTION AND HEALTH PROBLEMS FROM THE VIEWPOINT OF ENVIRONMENTAL HYGIENE: FOCUSING ON THE STUDIES OF INDOOR AIR ENVIRONMENT IN JAPAN COMPARED TO THOSE OF FOREIGN COUNTRIES pptx
... relationship between moisture and temperature on skin and upper airway symptoms was investigated and showed that skin dryness and rashes, pharyngeal dryness, and nasal dryness and congestion are alleviated ... M., Viggers, H., Baker, M., Woodward, A and Howden-Chapman, P (2008) Sources of nitrogen dioxide (NO2 ) in New Zealand homes: findings from a community randomized controlled trial of heater substitutions ... buildings and condominiums with damp problems could have their health affected by microbial contamination.35–37) On the other hand, physiological and psychological effects of low humidity and low...
Ngày tải lên: 17/02/2014, 22:20
Tài liệu Interactions Between Workers and the Technology of Production: Evidence from Professional Baseball doc
... Vouchers and Student Achievement: Evidence from Public Housing Demolitions in Chicago”American Economic Review 94(1), March 2004, 233-258 22 [16] Kandel, E and E P Lazear, “Peer Pressure and Partnerships,” ... Player exerts effort and player exerts effort if and only if the first task succeeded Player exerts effort and player exerts effort if and only if the first task failed Player exerts effort and player exerts ... Peer effects? Evidence from Boston’s Metco Program,” American Economic Review, 94(5), December 2004, 1613-1634 [3] Edin, Per-Anders, Peter Fredriksson, and Olof Åslund, “Ethnic Enclaves and the Economic...
Ngày tải lên: 22/02/2014, 09:20
Monetary Policy Surprises and Interest Rates: Evidence from the Fed Funds Futures Market doc
... 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, using data from the ... interest rates, and a fall in bond prices; yet evidence for this view is elusive Cook and Hahn (1989) documented a strong response in the 1970s, but regressions using data from the 1980s and 1990s ... again represents the yields on 3- 6- and 12-month bills, 2- 5- and 10-year notes, and 30-year bonds The results appear in Table Two main conclusions emerge from the table The first is that the...
Ngày tải lên: 06/03/2014, 02:21
Credit channel, trade credit channel, and inventory investment: evidence from a panel of UK firms pot
... for plant and machinery, and 2.5% for land and buildings These are taken from King and Fullerton (1984) For each observation, we then calculate the proportion of land and building investment, ... See Carpenter and Guariglia (2003), Bond and Meghir (1994), Kaplan and Zingales (1997), Guariglia and Schiantarelli (1998), and Guariglia (2000) for a similar approach 13 See Fisman and Love (2002) ... Carlo evidence and an application to employment equations.’ Review of Economic Studies, 58, pp 277-97 Atanasova, C and Wilson, N (2001) ‘Borrowing constraints and the demand for trade credit: evidence...
Ngày tải lên: 06/03/2014, 08:20
Enterprise Adjustment and the Role of Bank Credit in Russia: Evidence from a 420 Firm''''s Qualitative Survey pdf
... Qian (1994), Dewatripont and Maskin (1995), Earle and alii (1996), Earle and alii (1997), Berglửf and Roland (1998), Bai and Wang (1998) For an analysis of the shortcomings and measurement errors ... Adjustment and the Role of Bank Credit in Russia: Evidence from a 420 Firm's Qualitative Survey Micro-economic analysis (Alfandari & Schaffer, 1996; Lehmann and al, 1998) and anecdotal evidence ... Enterprise Adjustment and the Role of Bank Credit in Russia: Evidence from a 420 Firm's Qualitative Survey ENTERPRISE ADJUSTMENT AND THE ROLE OF B ANK CREDIT IN RUSSIA: EVIDENCE FROM A 420 FIRM'S...
Ngày tải lên: 06/03/2014, 08:20
Information Sharing and Credit: Firm-Level Evidence from Transition Countries ppt
... loan defaults (Barron and Staten, 2003; Kallberg and Udell, 2003; Powell, Miller, Mylenko, and Majnoni 2004; Luoto, McIntosh, and Wydick, 2004) Experimental evidence by Brown and Zehnder (2006) ... increased lending is left to the empirical evidence Bouckaert and Degryse (2004) and Gehrig and Stenbacka (2007) show that if banks compete ex ante for clients and customers face switching costs, future ... requirements and credit availability) and the costs of financing (interest rates and charges) are for the operation and growth of their business We code answers to these questions on a scale from to...
Ngày tải lên: 06/03/2014, 08:20