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developing countries provides GMM-system estimators that support our theoretical conclusions. …
Persistent link: https://www.econbiz.de/10008793465
'une étude sur panel dynamique en utilisant la méthode des moments généralisée (GMM), qu'il y a une hétérogénéité des …
Persistent link: https://www.econbiz.de/10010618158
(GMM) econometric technique on three measures of profitability ratio (PROF1, PROF2 and ROA), we show that debt ratio has no …
Persistent link: https://www.econbiz.de/10010899356
of moments (GMM), we show that there exists heterogeneity of behavior between sectors regarding the impact of capital …
Persistent link: https://www.econbiz.de/10010821251
(GMM) econometric technique on three measures of profitability ratio (PROF1, PROF2 and ROA), we show that debt ratio has no …
Persistent link: https://www.econbiz.de/10010821293
2006. By using the generalized method of moments (GMM), we show that the debt affects negatively the profitability, not …
Persistent link: https://www.econbiz.de/10010755513
While methodologies and survey techniques recorded progress over the years, corruption measurement remains a many-headed monster. Since 2003 and the first publication of Transparency International's Global Corruption Barometer, researchers have access to population's feeling about the corruption...
Persistent link: https://www.econbiz.de/10009323507
, our GMM test has good small-sample properties. These results are corroborated by an empirical application on SP500 and … Nikkei stock market indexes. It con rms that using this GMM test leads to major consequences for the ex-post evaluation of …
Persistent link: https://www.econbiz.de/10009322690
The disaster myopia hypothesis is a theoretical argument that may explain why crises are a recurrent event. Under very optimistic circumstances, investors disregard any relevant information concerning the increasing degree of risk. Agents' propensity to underestimate the probability of adverse...
Persistent link: https://www.econbiz.de/10009278316
This article presents a microeconometric analysis of the annual mileage travelled by French households with their personal cars, defining their automobility. To feature car use dependence, the rational addiction model of Becker et al. (1994) is applied on a panel dataset, drawn from the French...
Persistent link: https://www.econbiz.de/10009278319