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The Public Finance Review (PFR) analyzes Lebanon's public finances over a long horizon, to understand the roots of the …
Persistent link: https://www.econbiz.de/10013413952
result, the debt-to-GDP ratio (the Ministry of Finance's definition) is estimated to have declined from 58.4 to 56.1 percent …
Persistent link: https://www.econbiz.de/10012646748
This document has the purpose of identifying and describing actions that could aid in facilitating the financing of Small and Medium Enterprises (SMEs) through instruments channeled via the capital markets. By way of precedent, it is worthwhile to mention the document a Argentina capital market...
Persistent link: https://www.econbiz.de/10012247080
Amos Tversky (1937-1996), a towering figure in cognitive and mathematical psychology, devoted his professional life to the study of similarity, judgment, and decision making. He had a unique ability to master the technicalities of normative ideals and then to intuit and demonstrate...
Persistent link: https://www.econbiz.de/10004973062
In a complex and uncertain world, humans and animals make decisions under the constraints of limited knowledge, resources, and time. Yet models of rational decision making in economics, cognitive science, biology, and other fields largely ignore these real constraints and instead assume agents...
Persistent link: https://www.econbiz.de/10005756524
Anyone who watches the television news has seen images of firefighters rescuing people from burning buildings and paramedics treating bombing victims. How do these individuals make the split-second decisions that save lives? Most studies of decision making, based on artificial tasks assigned in...
Persistent link: https://www.econbiz.de/10005237341
finance. Kroszner focuses on key areas for reform, including credit rating agencies and the mortgage securitization market … finance to bear on managing risk, for example—and should acknowledge the reality of human nature. After brief discussions by …
Persistent link: https://www.econbiz.de/10008919678
; global trade; transnational corporations; and multilateral and private finance. …
Persistent link: https://www.econbiz.de/10008919680
Tirole offer an original, unified perspective on these questions drawing on insights from modern corporate finance. In a … slight, but important departure from the standard theory of finance, they show how imperfect pledgeability of corporate …
Persistent link: https://www.econbiz.de/10008919689
The financial crisis of 2008 raised crucial questions regarding the effectiveness of the way the United States regulates financial markets. What caused the crisis? What regulatory changes are most needed and desirable? What regulatory structure will best implement the desired changes? This...
Persistent link: https://www.econbiz.de/10008919692