Showing 1 - 10 of 41
Credit contracting between a lender with a market power and a small start-up entrepreneur may lead to a rejection of projects whose expected benefits are higher than their total costs when an adverse selection is present. This inefficiency may be eliminated by a government support in the form of...
Persistent link: https://www.econbiz.de/10003755164
Provision of credit guarantees or subsidies may remove an adverse selection leading to credit rationing. This paper concentrates on comparison of government budget costs of credit guarantees and subsidies in a monopolistic credit market. Different opportunity costs among entrepreneurs, which...
Persistent link: https://www.econbiz.de/10009152595
We contribute to the development of indirect valuation method for publicly traded companies. We introduce relative earning stability as a new dimension of peer selection criteria for determination of appropriate comparable group of peer companies to the evaluated company. Based on large sample...
Persistent link: https://www.econbiz.de/10011879385
This study addresses the economic rationale behind algorithmic trading in the Electric Vehicle (EV) sector, enhancing the interpretability of Q-learning agents. By integrating EV-specific data, such as Tesla's stock fundamentals and key supply chain players such as Albemarle and Panasonic...
Persistent link: https://www.econbiz.de/10015149439
In this paper, we analyze the relationships between the prices of biodiesel, ethanol and related fuels and agricultural commodities with a use of minimal spanning trees and hierarchical trees. We find that in short-term, both ethanol and biodiesel are very weakly connected with the other...
Persistent link: https://www.econbiz.de/10009547269
This paper provides a general overview of the social, environmental, and economical issues related to biofuels and a review of economic modeling of biofuels. The increasing importance of biofuels is driven primarily by government policies since currently available biofuels are generally not...
Persistent link: https://www.econbiz.de/10009316380
The topic of this paper is quite a novel one - it is one of few empirical academic papers dealing with export credit. Moreover, it is the first analysis of this kind which focuses on transition economies. The paper deals with export credit promotion in the Czech Republic. The development and...
Persistent link: https://www.econbiz.de/10009533585
This paper is the first one to analyze official government export promotion in all four post-communist Central European Visegrad countries (Czech Republic, Hungary, Poland, Slovakia). Similar development of those economies in transition period after the fall of communism is described and their...
Persistent link: https://www.econbiz.de/10009786887
For the biofuel markets and related commodities, we study their price transmission, which is in fact equivalent to studying price cross-elasticities. Importantly, we focus on the price dependence of the price transmission mechanism. Several methodological caveats are discussed. Specifically, we...
Persistent link: https://www.econbiz.de/10010197455
The article deals with the export credit promotion in the Czech Republic. The development and structure of Czech trade and export support is presented first and it is followed by the econometric analysis of the gravity model of Czech trade. The econometric results show that the credit support...
Persistent link: https://www.econbiz.de/10003929607