Showing 1 - 10 of 3,466
What matters to economic decision-making is whether the economy has become more or less predictable. People and businesses use information around them to form judgements about what might happen in the future. The rise in uncertainty might be associated with increased concern about extreme...
Persistent link: https://www.econbiz.de/10015264417
The paper investigates investment decisions by using a new source of data, that is the OBI annual survey on firms. The main focus of our analysis mainly is the influence of credit market conditions on investment decisions and we find that the main obstacle to the investment is the level of...
Persistent link: https://www.econbiz.de/10015245977
This paper examines the role of corporate balance sheet positions in determining Slovenian firms' investment behaviour. The analysis is based on the theoretical framework of the financial accelerator which suggests that firms' financial positions influence their real behaviour. The underlying...
Persistent link: https://www.econbiz.de/10015212179
The argument made in this manuscript is that the two traditional macroeconomic tools, fiscal policy and monetary policy, are insufficient to bring back efficiently into equilibrium an economy that has had a major crisis. Both traditional macro-tools only work through the demand side, and there...
Persistent link: https://www.econbiz.de/10015214329
This paper aims to measure the impacts of the International Financial Crisis on the performance of the Saudi Arabian economy from 1968 to 2010. Linear and non-linear SVAR methodologies are used to exhibit the interdependence between the process of international liquidity, net exports, and...
Persistent link: https://www.econbiz.de/10015214624
The complex methodology used in financial portfolio management proves that H. Markowitz optimization approach is one of the most applied techniques on developed global financial markets. Financial information spreading and processing speed, real time access to information, the performance...
Persistent link: https://www.econbiz.de/10015215349
usually expected in post-Keynesian theory only exists under special conditions. …
Persistent link: https://www.econbiz.de/10015219050
We present a model in which banks trade toxic assets to fund investments. Adverse selection in toxic assets reduces liquidity and investment. Investment is inefficiently low because banks must sell high-quality assets below their "fair" value. We consider whether equity injections and asset...
Persistent link: https://www.econbiz.de/10015222852
information on agents’ time-varying risk-aversion and their expectations for future economic activity. This analysis presents an … applying the structural VAR model to the US economic data from 1955 to 2019. A sudden increase in risk aversion, which is … results of DSGE models enriched with time-varying risk-premium and investment technology. FTS also comes up ahead of news …
Persistent link: https://www.econbiz.de/10015223925
information on agents’ time-varying risk-aversion and their expectations for future economic activity. This analysis presents an … applying the structural VAR model to the US economic data from 1955 to 2019. A sudden increase in risk aversion, which is … results of DSGE models enriched with time-varying risk-premium and investment technology. FTS also comes up ahead of news …
Persistent link: https://www.econbiz.de/10015224995