Search

Search results

Ebook Statistical and Economic Methods for Evaluating Exchange Rate Predictability

... rate predictability has long been at the top of the research agenda in international finance. Starting with the seminal ... Download PDF Ebook Statistical and Economic Methods for Evaluating Exchange Rate Predictability (Business & Economics) ...

Story - puput - 05/26/2011 - 02:40 - 0 comments - 0 attachments

PDF Ebook Statistical Methods in Credit Risk Modeling

This research deals with some statistical modeling problems that are motivated by ... credit crisis. Download PDF Ebook Statistical Methods in Credit Risk Modeling (Business & Economics) ...

Story - antoq - 11/18/2010 - 06:01 - 0 comments - 0 attachments

Ebook Equilibrium Search Unemployment with Explicit Spatial Frictions

... less-skilled workers who rely heavily on informal search methods for obtaining employment (Holzer, 1987). The reliance on these ... and labour markets is thus complex. We have divided our research questions into two parts. In a companion paper (Wasmer and Zenou, ... Unemployment with Explicit Spatial Frictions (Business & Economics) ...

Story - puput - 12/24/2011 - 02:51 - 0 comments - 0 attachments

Ebook Cross-monotonic Cost Sharing Methods for Network Design Games

... been made in the field of classical game theory, a broad research area that studies the behaviour of rational and selfish agents ... Download PDF Ebook Cross-monotonic Cost Sharing Methods for Network Design Games (Business & Economics) ...

Story - wulan - 06/17/2010 - 06:35 - 0 comments - 0 attachments

Ebook The Impact of Business Environment on Management Accounting Practices: Libyan Evidence

It is widely agreed that the business environment within which organisations operate affects management ... competition that have affected the Libyan companies, this research considers other organisation-specific factors such as ownership, ... encouraging top management and change in production methods. Download PDF Ebook The Impact of Business Environment on ...

Story - puput - 11/29/2011 - 09:00 - 0 comments - 0 attachments

Ebook The use of Financial Ratios for Research: Problems Associated with and Recommendations for Using Large Databases

... and predicting the performance of privately owned business firms is gaining in importance in published research. Perhaps the major problem faced by researchers is the difficulty of ...

Story - puput - 11/02/2010 - 07:20 - 0 comments - 0 attachments

Ebook Measuring Credit Card Industry Charge Offs: A Review of Sources and Methods

... this paper describes how these organizations use different methods of calculating industry charge offs. Sampling techniques, frequency, ... and equity analysts. Finally, questions for additional research are raised. Overall, the paper highlights two key findings. The ... Charge Offs: A Review of Sources and Methods (Business & Economics) ...

Story - wulan - 11/09/2009 - 03:55 - 0 comments - 0 attachments

Ebook Minimum Wage Effectson Labor Market Outcomes under Search, Matching, and Endogenous Contact Rates

... of data to which researchers have access, much recent research has been performed outside of an explicit behavioral framework, with ... of recent minimum wage changes using quasi-experimental methods [see Card and Krueger (1995) fora summary of these studies anda ... Search, Matching, and Endogenous Contact Rates (Business & Economics) ...

Story - puput - 10/24/2011 - 02:59 - 0 comments - 0 attachments

Ebook Market Valuation of Liability: Transfer Pricing, Profit Release and Credit Spread

... assets and liabilities in one consistent framework. This research is important because in so doing an insurer can implement asset ... for each liability product. Then, the value of the business is determined by discounting the free cash flows by the cost of ...

Story - puput - 10/04/2011 - 08:42 - 0 comments - 0 attachments

Ebook Economic Crises, Stabilisation Policy and Output in Emerging Market Economies

... SVAR methodology in the context of the broader empirical business cycle literature and why it is appropriate in tackling the research question given the jointly determined nature of output and ...

Story - puput - 10/07/2011 - 04:00 - 0 comments - 0 attachments


PDF Ebook A Study of Malaria and Sickle Cell Anemia

Submitted by antoq on Thu, 12/08/2011 - 06:25

Malaria is a parasitic disease which is spread by the female Anopheles mosquitoes. There are about 2 million deaths from malaria each year, making it one of the world's deadliest diseases. Forty percent of the world's population is at risk of contracting malaria. Most of the fatal cases of malaria are in Sub-Saharan Africa, and most are children under the age of five or pregnant women. There are some areas where up to 40% of the children die of malaria when conditions are at their worst. The most effective prevention of malaria in children, as shown in a 1996 World Health Organization study, is protecting them from mosquito bites by having them sleep under bednets dipped in permethrin. In the WHO's pilot study in The Gambia, the death rate among children between birth and 5 years was reduced by 63% by this method.


Posted in :

Ebook Financial Risk Management Instruments for Renewable Energy Projects

Submitted by puput on Thu, 11/26/2009 - 04:24

This study was funded by UNEP’s Sustainable Energy Finance Initiative (SEFI) and conducted by a consortium of consultants and advisors led by Marsh Ltd with the objective of providing an overview of the barriers and/or risks affecting investment in Renewable Energy (RE) projects, ‘financial risk management’ instruments currently supporting RE projects and those that could be developed to reduce uncertainty and facilitate more efficient and effective financing of such projects.

The study was undertaken under the premise that current approaches to financing renewable energy are inadequate to realize the potential of these technologies to meet expanding energy needs while helping to mitigate climate change and other adverse environmental impacts. Public interventions are therefore needed to help accelerate RE development, commercialization, and financing.


Posted in :

Ebook Earnings Management over the Business Cycle

Submitted by puput on Thu, 01/14/2010 - 02:03

In this paper, we compare the tendency for firms to upwardly manage earnings during good versus bad economic times. In our analysis, earnings management may be achieved by manipulating either accruals or real transactions (e.g., by decreasing discretionary expenditures such as R&D). While there are other forms of earnings managementthan earnings enhancing, such as smoothing or big bath, we focus on upward management because it is the greatest concern to both academics and practitioners. Our investigation is important, because while earnings management has been extensively studied, virtually all research has focused on firm-specific factors, and there has been a dearth of research on how earnings management varies with the state of the economy. Understanding how the tendency to boost earnings changes with macroeconomic conditions would enhance our understanding of this important phenomenon.

Based on the analysis in Conrad et al. (2002) and on relative performance evaluation of managers, we predict that firms have a greater tendency to manage earnings upward during good times. Conrad et al find that investor reaction to earnings disappointments is more adverse during good times. Thus, firms face greater incentives to avoid poor earnings when the economy is up, so they are more prone to boost earnings at such times. As Conrad et al. explain, bad news in good times has such a negative stock price impact, both because it causes investors to revise downward their assessment of the economy, and because it leads to greater uncertainty about economic conditions, resulting in higher discount rates.


Posted in :