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Ináation expectations have recently received increased interest because of the uncertainty created by the Federal Reserveís unprecedented reaction to the Great Recession.The effect of this reaction on...
In a two-stage auction women are significantly more likely to go bankrupt than men,bidding more aggressively than the men in both phases of the auction process.
This paper studies market reaction and economic performance following the first episode of banks triggering contingent capital options. During the financial crisis, European banks massively used emebd...
Since the reform and opening-up, the disparity between Chinese rural economy and the overall national economic development has already become the key constraint for further development of the national...
The article reports on the current issues in economics and finance by the Federal Reserve Bank of New York, most notably its liquidity facilities and income effects in the U.S. It notes that during th...
The article discusses the effects of the merger boom on community banks in the U.S. It recalls the drop in the number of small community banks during the bank merger boom and mentions some of the rela...
Retail finance organizations use data on past behaviour to make predictions for customer value management strategies. Random-effects models, where each individual has a behavioural pattern drawn from ...
Domestic credit-rating agencies in China have been criticized for having no effect on the decisions of investors. We examine whether credit ratings and rating outlooks of the listed companies that are...
Migration matrices are considered a major determinant for credit risk management. They are widely used for credit value-at-risk determination, portfolio management or derivative pricing. It is well kn...
The Fair and Accurate Credit Transaction Act of 2003 (the FACT Act) directed several federal agencies to conduct studies related to the credit reporting industry. A primary concern was the accuracy an...
The literature has documented a positive relationship between the use of credit scoring for small business loans and small business credit availability, broadly defined. However, this literature is ha...
The effect of monetary policy on financial risk premia is analysed in a simple general equilibrium model with sticky wages and an optimizing central bank. Analytical results show that equity risk prem...
Rodríguez-Fuentes C. J. and Padrón-Marrero D. Industry effects of monetary policy in Spain, Regional Studies. The aim of this paper is to analyse the presence of sectoral asymmetries in monetary polic...
This study investigates the effects of changes in monetary policy on the stock performance of hospitality firms (airlines, hotels, restaurants and tourism firms) in Hong Kong. Changes in the monetary ...
We develop and test a conceptual model, based on reciprocity and anchoring theories, that posits how the timing of income-reducing adjustment concessions made by an auditor influences auditee manageme...

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