p v essays on early ornithology and kindred subjects

... both the propensity to diversify and the propensity to payout with a bivariate probit selection model Controlling for these propensities, the impact of diversification and payout on firm value ... Diversification and Payout Policy Having established the relationship among a firm’s payout policy, its diversification Trang 32decision, and its value, the next model examines the impact on ... firm value of the four possibilities created by the interaction of diversification and payout policy—diversification, no payout; diversification, payout; no diversification, no payout; no diversification,

Ngày tải lên: 02/11/2014, 00:32

... Growth Option Value……… Effects of IJV Geographic Location on Growth Option Value……… Mean Growth Option Value by Sector and Year……… Variance Components Analysis of Growth Option Value……… Variance ... generates proprietary know-how that provides an option to undertake applied research; applied research, if successful, lands on a product idea that provides an option to undertake development; development, ... CI + PV of Current-Level EVA + PV of EVA Growth, where the sum of the first two terms (i.e., CI and PV of Current Level EVA) makes up the value of assets in place (i.e., VAIP), and PV of EVA Growth

Ngày tải lên: 02/11/2014, 00:33

... model, and a simulation experiment is conducted in Section 4 Section 5 provides an empirical application of the model, which includes data description, evaluation criterion, and within-sample and ... Assumptions 2.1 and 2.2 in the previous section, Assumptions 3.4 and 3.5 in Wang and Phillips (2009a) are simply veri…ed for our model (5) if we let dn = p n: Under the conditions imposed on (vt) ... (2004) and references therein 6 Conclusion In the paper we propose and investigate a new nonstationary nonparametric volatility model The model can generate the long memory property in volatility and

Ngày tải lên: 09/09/2015, 18:49

... Analysis 144 DISCUSSION AND CONCLUSION 154 CHAPTER FIVE 159 DISCUSSION AND CONCLUSION 159 CONCLUSION 159 CONTRIBUTIONS 161 LIMITATIONS AND FUTURE DIRECTIONS 167 APPENDIX 170 BIBLIOGRAPHY 177 Trang 6SUMMARY ... persevere I would also like to thank my parents, Prema and Subramanian, who helped me out when I was overwhelmed by the time pressure of having my baby My husband Sivakumar and son Pranav have ... available for recombination Innovation has been conceptualized as a process of recombination and, according to this perspective, important innovations arise out of combining technological components

Ngày tải lên: 11/09/2015, 16:07

... interests Owing to advancement in production technology and lower transportation and communication cost,fragmenting and contracting out production processes has spilled over intointernational arena with ... not only in developed countries, but also indeveloping countries In Chapter IV, I empirically investigate the impacts of materialand service outsourcing on the relative demands for skilled and ... rival by exclusivelysupplying specialized intermediate inputs, as opposed to producing general inputs andtherefore serving all downstream firms Based on this notion, vertical foreclosure is inprinciple

Ngày tải lên: 12/09/2015, 08:18

... between previous period capital and target capital by about 13percent, which means banks typically halve the capital gap within a year and a half.The coe¢ cients of Size and Income are positive and ... 24subse-and their corresponding values in the previous period, i.e.:where Capitalit and Riskit are bank i’s target capital and risk respectively Substituting these two equations into Equations (2.1) ... exogenousshocks to capital and risk as follows: in period t respectively; dCapitalit and dRiskit are bank i’s discretionary changes in capital and risk in period t; and Ecit and Erit are respectively exogenous

Ngày tải lên: 12/09/2015, 10:51

... leisure b and the fraction of output spent on consumption but reduces the fraction of output spent on education, and has no effect on the fraction of output invested in physical capital Also, ... solution with 0 1and without government intervention, fertility and the fraction of output spent on consumption are above their social optimums, while leisure, labor and the fraction of output ... Trang 6 A.2 Proof of Proposition 1.2 110 A.3 Proof of Proposition 1.3 116 A.4 Proof of Proposition 1.4 118 A.5 Proof of Proposition 1.6 119 Trang 7The second chapter investigates the effects

Ngày tải lên: 12/09/2015, 10:51

... relied on the condition that stationarity of implies stationarity of In the second and third tests Hamilton and Flavin assumed adaptive and partial-rational expectations respectively and regressed ... Bibliography and appendices Appendices provide derivations of equations used in Chapter 2 and Chapter 3, cointegration and error correction methodology and details of construction of data for some variables ... consumption, investment and interest payment spending Simulation results reveal that while government consumption and transfer payment spending cuts leave many macro variables unchanged, government

Ngày tải lên: 12/09/2015, 10:52

... exhaustion of developable land and increasing population concentration in big cities, the positive correlation between housing supply elasticity and equity risk premium provides an alternative explanation ... consumption/finance choices and macroeconomic performance The three essays shed light on the relation between housing consumption/supply and asset risk premia, housing consumption/supply and household portfolio ... housing supply elasticity has impact on household portfolio composition; Chapter 4 presents the third essay titled “Competitive Consumption Spending and Labor Supply: Evidence from Regional Differences

Ngày tải lên: 12/09/2015, 10:52

... mentioned focus on the positive weight constraint, but only few studies the potential of upper bound constraints to improve portfolio to reduce estimation bias and improve portfolio performance (with ... Transactions of Twenty Central Banks 161 APPENDIX A3 Minimum Variance Approach Model 162 APPENDIX A4 Utility Maximization Approach Model 165 APPENDIX A5 Telser’s Model and Mean-Variance Approach ... derivative instruments as a part of the portfolio There are many derivative products, such as swap and option, which work well for hedging purposes Nevertheless, derivative requires not only

Ngày tải lên: 12/09/2015, 10:54

... transition process Trang 39TABLE 2.2: Conceptualization and Operationalization of Institutional Transition Nation Study Time Period Operationalization of Institutional Transition Chile Khanna & ... model, to a dynamic perspective on strategic adaptation is particularly important in understanding strategic adaptation and change in environments that are continuously evolving (Peng, 2003; Scott, ... institutional perspective, the dynamic perspective on strategic adaptation I adopt in this dissertation, advances our Trang 20understanding of the incentives the external environment offers to, and

Ngày tải lên: 12/09/2015, 10:54

... identical product In principle, the patent system provides incentives to innovators to engage huge resources in drug innovation and development and earn monopoly profits till the patent expires However, ... 1.1: GDP level on adoption of pharmaceutical product patents by developed and developing countries Country Year of Adoption GDP per capita (1995 $) OECD Countries Japan 1976 24,043 Switzerland ... product patents for pharmaceuticals for some developed and developing countries with their GDP per capita at that time It is clear that pharmaceutical patent protection was adopted in the developed

Ngày tải lên: 12/09/2015, 10:54

... two-period model with two monopolists and two buyers One monopolistsells her good 1 only in period 1 and one monopolist sells her good 2 only in period 2 Inperiod 1, one buyer demands good 1 and ... most relevant papers analyze a seller’s privacy policy in a variant of a simpletwo period model and compare the optimality of two privacy policies, the con…dential policyand the disclosure policy, ... have positivedemand is equal toThe posterior belief that buyer 1 has type A, conditional on positive demand and report h, h 2 fA; Bg, is given by (1:5) and (1:6) Therefore, from the perspective

Ngày tải lên: 25/11/2015, 15:14

... space formed by products in which it enjoys revealed comparative advantage (RCA) Network properties and evolution of the product space and export specialization patterns of individual countries ... understand their implications for economic development The paper demonstrates that the product space changed significantly during the twentieth century and evolved into a highly uneven core-periphery ... Financial Contagion Journal of Economic Perspectives, Vol 17, Issue 4, Fall 2003, 51-74 Kaminsky, G.L and C.M Reinhart (2000) On Crises, Contagion, and Confusion Journal of International Economics

Ngày tải lên: 11/01/2020, 17:13

... space formed by products in which it enjoys revealed comparative advantage (RCA) Network properties and evolution of the product space and export specialization patterns of individual countries ... understand their implications for economic development The paper demonstrates that the product space changed significantly during the twentieth century and evolved into a highly uneven core-periphery ... Financial Contagion Journal of Economic Perspectives, Vol 17, Issue 4, Fall 2003, 51-74 Kaminsky, G.L and C.M Reinhart (2000) On Crises, Contagion, and Confusion Journal of International Economics

Ngày tải lên: 13/01/2020, 04:15

... philosophically can only mean actually doing phi-losophy, not just repeating Dunayevskaya’s conclusions Doing philosophymeans engaging with philosophers past and present, and relating philosophydirectly ... ‘Dialectics of Philosophy and tion’” and “Philosophy and Revolution in the Twenty-First Century” arepreviously unpublished Organiza-NOTES 1 Nan Milton, John Maclean (London: Pluto Press, 1973). ... his province, as the Olympians had done, and ascending to per-a remote per-and trper-anscendentper-al heper-aven Moreover, per-a mystery religion is necessper-ari- necessari-ly monotheistic or pantheistic

Ngày tải lên: 20/01/2020, 10:16

... philosophically can only mean actually doing phi-losophy, not just repeating Dunayevskaya’s conclusions Doing philosophymeans engaging with philosophers past and present, and relating philosophydirectly ... ‘Dialectics of Philosophy and tion’” and “Philosophy and Revolution in the Twenty-First Century” arepreviously unpublished Organiza-NOTES 1 Nan Milton, John Maclean (London: Pluto Press, 1973). ... his province, as the Olympians had done, and ascending to per-a remote per-and trper-anscendentper-al heper-aven Moreover, per-a mystery religion is necessper-ari- necessari-ly monotheistic or pantheistic

Ngày tải lên: 03/03/2020, 10:45

... space formed by products in which it enjoys revealed comparative advantage (RCA) Network properties and evolution of the product space and export specialization patterns of individual countries ... understand their implications for economic development The paper demonstrates that the product space changed significantly during the twentieth century and evolved into a highly uneven core-periphery ... Financial Contagion Journal of Economic Perspectives, Vol 17, Issue 4, Fall 2003, 51-74 Kaminsky, G.L and C.M Reinhart (2000) On Crises, Contagion, and Confusion Journal of International Economics

Ngày tải lên: 13/04/2020, 09:43

... ESSAYS ON EARLY ORNITHOLOGY 200 copies printed Casuarius uniappendiculatus, juv ESSAYS ON EARLY ORNITHOLOGY AND KINDRED SUBJECTS BY JAMES R McCLYMONT M.A., AUTHOR OF PEDRALUAREZ CABRAL VICENTE ... Malayan region; Halcyon chloris, a kingfisher with a somewhat extensive r a nge ; Ptilopus xanthogaster, a fruiteating pigeon, and the nutmeg pigeon, Carpophaga concinna The islands were visited ... ed., p 53 THE BANDA ISLANDS AND THE BANDAN BIRDS CONTENTS T HE islands of the Banda Sea, with the exception of Letti, Kisser, and Wetter, constitute the Ceram sub-group or the Moluccan group;...

Ngày tải lên: 28/06/2014, 19:20

... pp 106–10 Driver, F ‘Power, space and the body A critical assessment of Foucault’s Discipline and Punish’, Environment and Planning D: Society and Space, 1985, pp 425–46 Driver, F Power and Pauperism ... Human Experience of Space and Place (London, 1980), pp 148–65 Sibley, D ‘Purification of space’, Environment and Planning D: Society and Space, 1988, pp 409–21 Sibley, D Geographies of Exclusion: ... 1730 Voilà—a concise example of how concepts of space and time, interpersonal relationships and objectification constitute a configuration The importance of space in the analysis of configurations...

Ngày tải lên: 17/03/2014, 20:20