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Grouped normal variance mixtures are a class of multivariate distributions that generalize classical normal variance mixtures such as the multivariate t distribution, by allowing different groups to have different (comonotone) mixing distributions. This allows one to better model risk factors...
Persistent link: https://www.econbiz.de/10012373086
This study used a researcher self-constructed corporate governance index as a proxy to measure the firm-level corporate governance compliance and disclosure with the 2002 Pakistani Code of Corporate Governance, to examine the relationship between corporate governance and cost of capital. We...
Persistent link: https://www.econbiz.de/10012373093
Purpose The purpose of this paper is to review the four large and two small fluctuations in China's economic growth … of these fluctuations and summarizes the experience and lessons from the eight aspects of dealing with economic downturn … growth is a tortuous process with many fluctuations. The rate of economic growth cannot rise or go down straight for a long …
Persistent link: https://www.econbiz.de/10012236366
phenomenon depends on (i) the magnitude of fluctuations in price and wage, precisely, which variable's fluctuations have a …, leading to fluctuations in employment in response to technology shocks. …
Persistent link: https://www.econbiz.de/10015197879