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Many studies in channel member relationships have hitherto focussed on factors such as trust, commitment, uncertainty, dependence and situational factors. What research has addressed satisfaction in channel member has focussed on constructs of economic and non-economic satisfaction. This paper...
Persistent link: https://www.econbiz.de/10008867923
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This paper presents a critique of the commonly-cited post-Keynesian "demand for credit" model, which tests the hypothesis that bank lending to business is driven by the working capital needs of firms, and which has appeared to support the contention that the money supply is endogenously...
Persistent link: https://www.econbiz.de/10008867925
It has been argued that research on market efficiency should be evaluated in terms of whether it improves our ability to predict the time series of security returns. Much recent work has addressed the issue of the presence of long memory components in stock prices because of the controversial...
Persistent link: https://www.econbiz.de/10008867926
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Global warming is an example of a global tragedy of the commons. The atmosphere is a global common property resource. The global nature of this resource makes global warming a particularly difficult problem to solve. The reason for this is that there is no world government that can introduce and...
Persistent link: https://www.econbiz.de/10008867929
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This paper studies the production and soil depletion choices of a risk averse farmer. The study applies a one period, two date model with uncertainty in both production and end-of-period land price. The farmer makes production, and soil depletion choices at date 1 to maximise the expected...
Persistent link: https://www.econbiz.de/10008867931
This study measures the degree of short-horizon return predictability of 50 international equity markets and examines how its variation is related to the indicators of equity market development. Two multiple-horizon variance ratio tests are employed to measure the degree of return...
Persistent link: https://www.econbiz.de/10008867932