Showing 1 - 10 of 41,607
In this essay, I analyze Salvador Allende's economic policies in Chile during the early 1970s. I argue that the explosion of inflation during his administration (above 1,500% on a six-month annualized measure) was predictable, and that the government's response to it, through massive and strict...
Persistent link: https://www.econbiz.de/10014437020
come back sooner than expected. The role of China as one of the major food consumers in the future, and Brazil, as the … major food chain cooperation between China and Brazil. …
Persistent link: https://www.econbiz.de/10008487443
The post financial crisis period has been associated with increased countercyclical use of various financial policies, including residency-based measures. This paper analyses in a single analytical framework the relative effectiveness of three types of financial policies – macroprudential...
Persistent link: https://www.econbiz.de/10012147279
Global liquidity refers to the volumes of financial flows - largely intermediated through global banks and non-bank financial institutions - that can move at relatively high frequencies across borders. The amplitude of responses to global conditions like risk sentiment, discussed in the context...
Persistent link: https://www.econbiz.de/10014322743
We examine investors’ mutual fund selection ability in China. Using actively managed equity mutual funds between 2005 … significantly. The findings are robust to several risk-adjusted performance measures. The unique data of China provide separate …, especially for the protection of individual investors regarding mutual fund investing in China. In addition, we show that it is …
Persistent link: https://www.econbiz.de/10011117738
location. Our findings have broader implications for entrepreneurial finance in China. Policy suggestions are offered for …
Persistent link: https://www.econbiz.de/10011117754
in China. We address this issue by using copula functions that allow for measuring both average and tail dependence. Our …
Persistent link: https://www.econbiz.de/10011117800
We study whether local credit ratings alleviate information asymmetry inherent in the fast growing Chinese market by examining the syndicate structure of loans issued by Chinese borrowers in 2003–2011. Despite the common criticism regarding the quality of Chinese credit ratings, our results...
Persistent link: https://www.econbiz.de/10011118135
This paper investigates stock analysts’ earnings forecasts under complex corporate ownership in China. Based on a …
Persistent link: https://www.econbiz.de/10011208440
individual investors and their speculative trading behaviors in China. Miller's prediction is confirmed when divergence of …
Persistent link: https://www.econbiz.de/10010729585