Search Results - subject:"Informational frictions"

How price spikes can help overcome the energy efficiency gap

Mauritzen, Johannes - In: Economics letters 134 (2015), pp. 114-117

Persistent link: https://www.econbiz.de/10011432359

Informational frictions, syndicate structure, and loan pricing : new evidence from international lending

Bae, Sung-chul; Chong, Byung-uk; Kim, Yura - In: Asia-Pacific journal of financial studies 43 (2014) 1, pp. 124-155

Persistent link: https://www.econbiz.de/10010348456

Sectoral Differentiation, Allocation of Talent, and Financial Development

Jaimovich, Esteban - Collegio Carlo Alberto, Università degli Studi di Torino - 2007

agents and sectors, this process also mitigates informational frictions affecting the functioning of financial markets …

Persistent link: https://www.econbiz.de/10005015187

Can Miracles Lead to Crises? An Informational Frictions Explanation of Emerging Markets Crises

Boz, Emine - Society for Computational Economics - SCE - 2006

, massive capital flows, and a boom in asset markets. This paper develops an equilibrium asset pricing model with informational … frictions in which vulnerability and the crisis itself are consequences of the investor optimism in the period preceding the … with the level of optimism attained prior to the negative signal. Moreover, with the introduction of informational …

Persistent link: https://www.econbiz.de/10005706247

Foreign Institutional Investors and Stock Market Liquidity in China: State Ownership, Trading Activity and Information Asymmetry

Ding, Mingfa; Nilsson, Birger; Suardi, Sandy - Nationalekonomiska Institutionen, Ekonomihögskolan - 2013

-SOEs. Secondly, foreign institutions influence liquidity through the informational frictions channel, but not through the real …

Persistent link: https://www.econbiz.de/10010734803

Revolutionary effects of new information technologies

van den Berg, Gerard J. - 2005

In markets with imperfect information and heterogeneity, the information technology affects the rate at which agents meet, which in turn affects the distribution of production technologies across firms. We show that in models for such markets there are typically multiple equilibria because...

Persistent link: https://www.econbiz.de/10010277304

Do Miracles Lead to Crises?: An Informational Frictions Explanation to Emerging Market Financial Crises

Boz, Emine - Society for Economic Dynamics - SED - 2005

Persistent link: https://www.econbiz.de/10005069446

Beauty Contests and "Irrational Exuberance": A Neoclassical Approach

Angeletos, George-Marios; Lorenzoni, Guido; Pavan, … - Center for Mathematical Studies in Economics and … - 2010

The arrival of new, unfamiliar, investment opportunities is often associated with "exuberant" movements in asset prices and real economic activity. During these episodes of high uncertainty, financial markets look at the real sector for signals about the profitability of the new investment...

Persistent link: https://www.econbiz.de/10008597110

A Simple Economic Theory of Skill Accumulation and Schooling Decisions

Blankenau, William; Camera, Gabriele - In: Review of Economic Dynamics 9 (2006) 1, pp. 93-115

We propose a model of schooling that can account for the observed heterogeneity in workers' productivity and educational attainment. Identical unskilled agents can get a degree at a cost, but becoming skilled entails an additional unobservable effort cost. Individual labor can then be used as an...

Persistent link: https://www.econbiz.de/10005085544

Revolutionary Effects of New Information Technologies

den Berg, Gerard J van - C.E.P.R. Discussion Papers - 2005

Persistent link: https://www.econbiz.de/10005788903