Showing 91 - 100 of 9,514
We merge administrative information from a large German discount brokerage firm with regional data to examine if …
Persistent link: https://www.econbiz.de/10003864097
Mutual funds are mandated by the Securities and Exchange Commission (SEC) to disclose information on their investment … that regular content-based updates of the disclosed risks provide relevant information in predicting future fund … performance. Investors, however, do not react to this new information but rather to the content's informativeness. Finally, using …
Persistent link: https://www.econbiz.de/10012271034
This paper studies whether and why algorithmic traders exhibit one of the most broadlydocumented behavioral puzzles - the disposition effect. We use trade data from the NASDAQ Copenhagen Stock Exchange merged with the weather data. We find that on average, the disposition effect for human...
Persistent link: https://www.econbiz.de/10013207355
This paper has put a demand-side empirical structure to the hypothesis that foreign aid volatility adversely affects choices to lifelong learning in recipient countries. Lifelong learning is measured as the combined knowledge acquired during primary, secondary and tertiary educational...
Persistent link: https://www.econbiz.de/10012128415
Purpose- This paper has put a demand-side empirical structure to the hypothesis that foreign aid volatility adversely affects choices to lifelong learning in recipient countries Design/methodology/approach- Lifelong learning is measured as the combined knowledge acquired during primary,...
Persistent link: https://www.econbiz.de/10011408497
We show that in micro data, as well as in a search and matching model with endogenous separations and rigid wages …
Persistent link: https://www.econbiz.de/10011526914
Persistent link: https://www.econbiz.de/10012230587
We show that in micro data, as well as in a search and matching model with endogenous separations and rigid wages …
Persistent link: https://www.econbiz.de/10011518661
We show that in microdata, as well as in a search and matching model with flexible wages for new hires, wage rigidities …
Persistent link: https://www.econbiz.de/10011824271
This paper presents the business cycle model that Trygve Haavelmo developed as part of his research program in macroeconomic and monetary theory. Driven by a mismatch between the marginal return to capital and the rate of return required by capital owners, this model generates endogenous cycles....
Persistent link: https://www.econbiz.de/10008825351