搜索结果: 1-15 共查到“知识库 理论经济学 finance”相关记录52条 . 查询时间(0.066 秒)
Misallocation, Property Rights, and Access to Finance: Evidence from Within and Across Africa
Misallocation Firms Investor Rights Financing Obstacles MPK
2015/9/21
We study capital misallocation within and across 10 African countries using the World Bank
Enterprise Surveys. First, we compare the extent of misallocation among rms within countries. We document h...
From a macroeconomic perspective, the shortterm interest rate is a policy instrument under
the direct control of the central bank, which
adjusts the rate to achieve its economic stabilzation goals. ...
Are Efficiency and Equity in School Finance Substitutes or Complements?
Education finance dramatic finance
2015/7/20
since desegregation, the most important changes to American elementary and secondary schooling have almost certainly been in the realm of school finance. This is not only because dramatic changes have...
ROBIN HOOD AND HIS NOT-SO-MERRY PLAN: CAPITALIZATION AND THE SELF-DESTRUCTION OF TEXAS’ SCHOOL FINANCE EQUALIZATION PLAN
The foundation, inequality, network
2015/7/20
All errors are the authors' own. Nevertheless, they gratefully thank the Russell Sage Foundation's Special Project on Social Inequality for generous support and also thank the MacArthur Foundation's I...
PUBLIC FINANCE AND INDIVIDUAL PREFERENCES OVER GLOBALIZATION STRATEGIES
PUBLIC FINANCE INDIVIDUAL PREFERENCES GLOBALIZATION STRATEGIES
2015/6/5
Do preferences toward globalization strategies vary across publicfinance regimes? In this paper, we use data on individual preferences toward immigration and trade policy to examine how pre-tax and po...
Investment Banking and Security Market Development:Does Finance Follow Industry?
Investment Banking Security Market Development Finance Follow Industry
2015/5/13
Investment Banking and Security Market Development:Does Finance Follow Industry?
When Do Foreign Banks Finance Domestic Projects?New Evidence on the Importance of Legal and Financial Systems
International Finance Banks and Banking
2015/5/13
This paper analyzes how different legal and financial systems affect the composition of loan syndicates, and how the composition, in turn, affects loan pricing. In contrast with previous work on the a...
Finance and Social Responsibility in the Informal Economy:Institutional Voids,Globalization and Microfinance Institutions
Institutional Voids Microfinance Institutions Economic Globalization Social Globalization
2015/4/28
We examine the heterogeneous effects of globalization on the interest rate setting by microfinance institutions (MFIs) around the world. We consider MFIs as a mechanism to overcome the institutional v...
High School Curriculum and Financial Outcomes:The Impact of Mandated Personal Finance and Mathematics Courses
Secondary Education Personal Finance Outcome or Result
2015/4/28
Financial literacy and cognitive capabilities are convincingly linked to the quality of financial decision-making. Yet, there is little evidence that education intended to improve financial decision-m...
Putting Integrity into Finance:A Purely Positive Approach
Finance Ethics Theory Practice Change
2015/4/27
We summarize our new positive theory of integrity that has no normative content, and argue that there are large gains from putting integrity into finance—into both the theory and practice of finance. ...
Entrepreneurship and the Discipline of External Finance
Business Startups Competency and Skills Entrepreneurship Financing and Loans Personal Finance Wealth
2015/4/24
I confirm the finding that the propensity to start a new firm rises sharply among those in the top five percentiles of personal wealth. This pattern is more pronounced for entrants in less capital int...
How persistent are the effects of legal institutions adopted or inherited in the distant past? A substantial literature argues that legal origins have persistent effects that explain clear differences...
A Brief Postwar History of U.S. Consumer Finance
Innovation and Invention Risk and Uncertainty Financial Services Industry United States
2015/4/23
This article describes the consumer finance sector in the US since World War II. We first define the sector in terms of the functions delivered by firms (payments, savings/investing, borrowing, managi...
Degenerate-elliptic operators in mathematical finance and higher-order regularity for solutions to variational equations
Campanato space degenerate-elliptic di erential operator degenerate di usion process Heston stochastic volatility process Holder regularity mathematical nance Schauder a priori estimate Sobolev regularity variational equation weighted Sobolev space.
2012/9/17
We establish higher-order weighted Sobolev and Holder regularity for solutions to variational equations de ned by the elliptic Heston operator, a linear second-order degenerate-elliptic operator aris...
C^{1,1} regularity for degenerate elliptic obstacle problems in mathematical finance
American-style option degenerate elliptic di erential operator degenerate di usion process, free boundary problem Heston stochastic volatility process mathematical nance obstacle problem variational inequality weighted Sobolev space.
2012/9/14
The Heston stochastic volatility process is a degenerate di usion process where the degeneracy in the di usion coecient is proportional to the square root of the distance to the boundary of the half-...