— essays on liquidity of markets

...       Essays on Economics of crime and Economic Analysis of Criminal Law Mojtaba Ghasemi Supervisor: Prof Francesca Bettio Thesis submitted for the degree of Doctor of Philosophy in Economics ... some of labor market incentives matter in crime control First, we made some corrections in the dataset concerning the covariate probability of conviction which is proxied by the ratio of number of ... of associated data Our strategy for correction of dataset is to eliminate these observations All of our estimates are based on this corrected version of the dataset After doing this correction,

Ngày tải lên: 11/12/2016, 20:37

... of the Impacts of Financial Liberalization on Stock MarketFinancial liberalization refers to the process of removing restrictions on financial markets and institutions, encompassing a range of ... on analyzing the effects of liberalization on liquidity and further explores how increased liquidity contributes to improved market efficiency.The impact of equity market liberalizations on liquidity ... the eight months leading up to the implementation of stock market reforms, indicating a revaluation of equity prices in anticipation of liberalization, even after accounting for macroeconomic reforms,

Ngày tải lên: 19/10/2022, 18:13

... Introduction ¬ ¬— —— sce "¬ 37 IV Location of Univetsities, so oiướn th kg ¬ nhàn 44 V Methodology and Data Analysis ¬ sọ "— a severe "—— 50 — VI, Empirical Restlls co erre? ¬————————— ... Industrialization and Urbanization ¬ 4i Table 3.2 Location of Universifies ín Saudi Arabia c2 46 Table 3.3 Location of Universities 1n lran "¬— nh yk 47 : Table 3.4, Location of Universities ... fulfillment of the requirements for the DOCTOR OF PHILOSOPHY degree Trang 8AN ABSTRACT OF THE DISSERTATION OF Mustafa Seref Akin, for the Doctor of Philosophy degree in Economics, presented on April

Ngày tải lên: 02/01/2024, 21:40

... 1University of Pennsylvania ScholarlyCommons Publicly Accessible Penn Dissertations 2016 Essays on the Economics of School Choice and Education Markets Ana Maria Gazmuri University of Pennsylvania, ... "Essays on the Economics of School Choice and Education Markets" (2016) Publicly Accessible Penn Dissertations 1732 https://repository.upenn.edu/edissertations/1732 Trang 2Essays on the ... Trang 3Subject Categories Economics | Education Policy Trang 4ESSAYS ON THE ECONOMICS OF SCHOOL CHOICE AND EDUCATIONMARKETSAna M Gazmuri A DISSERTATION inApplied EconomicsFor the Graduate Group

Ngày tải lên: 23/10/2022, 06:59

... rosess of degeaation, The secon arco te pape leseribes the major findings inthe economic literature on the impact of varying manifestalions of poverty on sel resouece managensent ‘One imponant ... using traditional indicators based on inconte of consumption, as well as indicators based on social factors such as health, education, polieal paniipation or isolation For the purposes ofthis per ... efliiency of investments Fox tho eurrnt generations point of view This decisions fundamentally diferent trom a decision ‘on esourve allocations which s based upon equity considerations nhs ater

Ngày tải lên: 08/03/2014, 16:20

... Philosophy, Modern—20th century—Congresses 2 Audi, Robert, 1941—Congresses. 3 Ethics—Congresses 4 Knowledge, Theory of—Congresses 5 Act (Philosophy)—Congresses. 6 Action theory—Congresses I Timmons, Mark, ... constitute conclusions of reflection” (48) Thus, conclu-sions of reflection are only one kind of moral intuition Audi suggests that yet another kind of moral intuition is grounded in emotion: “Emotions ... the beliefs of reflec-tion and the conclusion of reflection If the conclusion of reflection were not con-nected causally and by its content to the beliefs of reflection, then reflectioninvolving those

Ngày tải lên: 11/06/2014, 00:32

... practitioners, conventional clinicians, and general scientists The information presented will be of equal interest to researchers and practitioners of any modalities including that of conventional ... responsibility of their well-being in a proactive way The section on “Herbalism” consists of five chapters on different aspects of herbalism In “Medical Herbalism and Frequency of Use”, Prof Behice ... well-being consists of more than just happiness and requires the actualisation of human potential This is based on eudaimonism, the belief that well-being consists of realising one’s daimon or true

Ngày tải lên: 27/06/2014, 15:20

... wereconstructed of fishbones, for this is not inaccordance with the observations ofcontemporary naturalists, who tell us that Trang 27the nests of the Cape Penguin (Spheniscusdemersus) are constructed ... anchor on the 2nd ofApril, 1595, and on the 4th of August ofthe same year the vessels anchored in aharbour called ‘Ague Sambras,’ in eightor nine fathoms of water, on a sandybottom So many of the ... account of them connects the discovery of themwith an expedition dispatched by order ofAlfonso de Albuquerque from Malacca.Shortly after Albuquerque had defeatedthe Malays and taken possession of

Ngày tải lên: 28/06/2014, 19:20

... means of the rational numbers alone. The question only remains how to do this. The above comparison of the domain R of rational numbers with a straight line has led to the recognition of the ... number of the first class A 1 is less than every number of the second class A 2 . II. COMPARISON OF THE RATIONAL NUMBERS WITH THE POINTS OF A STRAIGHT LINE. The above-mentioned properties of rational ... point of the first class lies to the left of every point of the second class, then there exists one and only one point which produces this division of all points into two classes, this severing of

Ngày tải lên: 28/06/2014, 19:20

... this definition of tangible information may not correspond one-to-one to the tangibility of the asset base In essence, the validity of this tangible information is more in question when the firm's ... Administration Minor Field: Financial Economics Trang 9TABLE OF CONTENTS Page Abstract ii Dedication vi Acknowledgments vi Vita……… vii List of Tables x List of Figures xii Chapters: 1 Introduction ... explanations, there is the underlying assumption that the motivation for the takeover is to improve the quality of the management of the target firm Based on this assumption, the ``surprise'' factor of

Ngày tải lên: 02/11/2014, 00:32

... metric methods One stream of literature, primarily grounded within the domainecono-of economics and industrial organization, focused on investigating performance comes conditional upon observed ... the cumulative distribution of the contribution from theunobservable portion of the resources Intuitively, the above equation says that B willchoose to enter conditional on observing A investing ... payoff of 0.25 When A invests Trang 29and B does not enter, A receives a payoff of 4 and B receives a payoff of 0 WhenA invests and B enters, A receives a payoff of - 0.5 and B receives a payoff

Ngày tải lên: 02/11/2014, 00:33

... 3.10 Discussion 85 4 Economic Rent Generation In Online Auctions 93 4.1 Auctions 96 4.2 Design And Conduct Of Auction Institutions 100 4.3 Business-To-Business (B2b) Online Auctions 101 4.4 ... structure-conduct-performance (SCP) paradigm based on industrial organization economics, and resource-based view (RBV) of the firm, based on a combination of Penrosian economics, Austrian economics, ... several early contributions on the dynamics of competition on product and resource markets by firms (Wernerfelt, 1984), and on the ability of firms to generate and appropriate economic rents (Rumelt,

Ngày tải lên: 02/11/2014, 00:34

... seasoned equity offerings, Journal of Accounting and Economics 50, 2-19. Cooper, I., 2006. Asset pricing implications of nonconvex adjustment costs and irreversibility of investment, Journal of ... Michael Lemmon orthogonalizing ICS on a set of macroeconomic share the data and I ICSR variables, following Lemmon and Portniaguina update it by (2006). Bloomberg Index of Consumer Confidence constructed ... cross section of returns, Journal of Political Economy 111, 693-732. Goodwin, K. R., 2011. Discounting and Underpricing of REIT Seasoned Equity Offers, Journal of Real Estate Finance and Economics

Ngày tải lên: 09/09/2015, 11:19

... Tests on Intervention Levels 131 Table 3.A3 Summary of Statistics of Conditional Intervention Levels 132 Table 3.A4 Mann-Whitney Tests on Conditional Intervention Levels 133 Table 3.A5 Slopes of ... no-suggested-donation condition The provision of suggested donations also changed their overall distribution Trang 24contributions when the suggested amount was sufficiently high, as in Shang and Croson ... subjects made their donation decision, we tallied the total amount of money raised in the session and donated it to the charity through its online donation portal The whole donation process was transparent

Ngày tải lên: 10/09/2015, 09:03

... Trang 1ESSAYS ON BANKING REGULATION AND RESTRUCTURING: THE CASE OF INDONESIA RASYAD A PARINDURI NATIONAL UNIVERSITY OF SINGAPORE 2006 Trang 2ESSAYS ON BANKING REGULATION AND RESTRUCTURING: ... Wooldridge (2002), this kind of mistake— estimating non-autonomoussystem of equations using simultaneous equation models— is quite common in the em-pirical literature Second, rather than approximating ... bankpru-ing regulation and supervision The turning point of bank regulation in Indonesia was the aftermath of the 1998 …nancial crisis Once again, Bank Indonesia forborne prudential regulation Thistime,

Ngày tải lên: 12/09/2015, 10:51

... commonly used and only central banks of Hong Kong SAR and Norway use equity options Trang 312.2 Theoretical Foundations This section lays a theoretical foundation of this thesis It focuses on ... intervention, and other monetary operation In fact, given the substantial amount of foreign liability of the Indonesian government, the task of matching asset and liability is one of Bank Indonesia’s ... 3.2.3 Contributions 76 3.3 Data Sources and Data Construction 77 3.4 Data Analysis 78 3.4.1 Construction of the Safety-First Models 79 3.4.2 Statistical Analysis of the Simulation: Roy’s Criterion

Ngày tải lên: 12/09/2015, 10:54

... perform my analysis on two types o f samples: one sample allows multiple firm observations and the other allows only one observation for each firm When I consider only one observation for each firm, ... (1995) contend that concentrated, rather than competitive, banking areas are conducive to relationship lending, while Elsas (2005) finds that there is a non-monotonic association between bank concentration ... effect of lending relationships on the future performance of severely financially distressed firms These findings are consistent with relationship banks having better information than non-relationship

Ngày tải lên: 30/09/2015, 15:34

... segmented stock markets in mainland China Investigation of the dynamic path of correlation coefficients suggests the relaxation of viii government restrictions on the purchase of B shares by domestic ... (2004)) The information environment of A shares seems to be dominated by local regulations and customs at the time of offering or trading In addition, the information environment of A shares appears ... functioning However, due to the existence of dual economic characteristics, accompanied by the restriction of foreign currency conversion, different regulations and different information environments,...

Ngày tải lên: 12/09/2015, 10:54

... CONCEPTION OF HISTORY Essays on the Materialistic Conception of by Antonio Labriola I In Memory of the Communist Manifesto II Historical Materialism 93 ESSAYS on the Materialistic Conception of ... questions of terminology no longer have more than the secondary value of pure convention In the study of human relations and actions, on the contrary, the passions, the interests, the prejudices of ... relations arising out of the capitalistic method of production constitute the last of the antagonistic forms of social production; antagonistic not in the sense of an individual antagonism, but of...

Ngày tải lên: 21/02/2014, 21:20

... Berkeley May 2000 Essays on the Equilibrium Valuation of IPOs and Bonds Copyright May 2000 by Kehong Wen Abstract Essays on the Equilibrium Valuation of IPOs and Bonds by Kehong Wen Doctor of Philosophy ... short sale condition does not involve short-seller’s belief of ¾2 ; nor anyone’s belief on asset 1’s distribution N There are no counterparts of Corollary and Corollary of Proposition Theorem ... The set of static models are mostly extensions of Lintner (1969)3 along the aforementioned three dimensions of investor heterogeneity Lintner (1969) deals with the equilibrium impact of a no-short-sale...

Ngày tải lên: 07/03/2014, 02:20