Showing 1 - 10 of 544
to support emulation from a cost–benefit perspective before management fees and taxes. …
Persistent link: https://www.econbiz.de/10011135808
This paper examines the relationship between sovereign credit default swaps CDS and sovereign rating changes of European countries. To this aim, a new estimator is introduced which merges mixed data sampling MIDAS with probit regression. Simulations show that the estimator has good properties in...
Persistent link: https://www.econbiz.de/10011098672
Shifting away from traditional approaches orientated towards the analysis of the benefits associated with brokerage … collected in a Spanish industrial cluster, the evolution of five different brokerage profiles is analysed in depth. Particularly … interactions may generate changes in the different brokerage roles over a period of time. Findings endorse our expectations mainly …
Persistent link: https://www.econbiz.de/10011123679
There is ample, cross-disciplinary evidence suggesting that network ties are key to promoting novelty. However, the network paradigm in organization and management theory offers conflicting views on what types of inter organizational ties are most valuable for organizations that are pursuing...
Persistent link: https://www.econbiz.de/10010727903
This paper investigates empirically the behavior of Credit Rating Agencies CRAs when assessingsovereign solvency for European countries. Using Probit regressions I find that even after controllingfor macroeconomic factors, CRAs take the business cycle into account. Also, there is a clear case...
Persistent link: https://www.econbiz.de/10010782025
Broker organizations increasingly facilitate the partnering process of public–private partnerships (PPPs) for development. In this paper, we argue that their function goes beyond simply match-making between partners and develop a theoretical framework for the broker organizations’ roles...
Persistent link: https://www.econbiz.de/10010786634
relative benefits of social cohesion and brokerage, we discuss the conditions that facilitate collaborations among scientists …
Persistent link: https://www.econbiz.de/10010795268
The impact of incentives on marketing duration is examined for residential real estate using data from the Multiple Listing Service during a real estate downturn. The focus is on incentives offered directly by sellers to potential homebuyers. The evidence suggests that incentives are not...
Persistent link: https://www.econbiz.de/10010867003
How do markets spread risk when events are unknown or unknowable and where not anticipated in an insurance contract? While the policyholder can hold up the insurer for extra contractual payments, the continuing gains from trade on a single contract are often too small to yield useful coverage....
Persistent link: https://www.econbiz.de/10010986457
long-distance trade. We also study the trade-offs faced by traders between embeddedness and brokerage and find that long …
Persistent link: https://www.econbiz.de/10010929502