[PDF] Top 20 Directory UMM :Data Elmu:jurnal:J-a:Journal of Economics and Business:Vol53.Issue1.2001:

... years of previous data up to June of year t, beta for each individual stock by regressing the stock return on the constant term and the market return and then construct 25 portfolios ... Lihat dokumen lengkap

... returns and inflation over the postwar ...as a claim to real assets, stocks should be a good hedge against inflation: Via a Fisher effect for equities, real stock returns should be unaffected ... Lihat dokumen lengkap

... pursuit of domestic ...fiscal and monetary discipline that most were unable to sustain and which culminated in the debt crisis of the early ...analysis of the debt crisis with special ... Lihat dokumen lengkap

... Since a significant portion of exports of Asian countries is by Japanese subsidiaries, a policy of attracting Japanese FDI may be closely linked to export promotion as well as job ... Lihat dokumen lengkap

... output and nondistorted output by creating higher inflation than that expected by the private ...rate and does not have the power to raise output by creating unexpected ...MFD and MCFD scenarios may ... Lihat dokumen lengkap

... variability of nominal interest rates. If the set of rules considered is limited to those with instrument variability consistent with a non-negativity constraint, the efficient frontiers are those ... Lihat dokumen lengkap

... As a final robustness check, short term interest rates were incorporated into the extended model in order to see if the error correction term remained significant once such interest rate movements were taken into ... Lihat dokumen lengkap

... (1988 and 1990), Judd and Motley (1991), and identical to those in Thornton (1998, ...values of the respective policy instruments do not enter into equation (2), the aggregate demand ...is ... Lihat dokumen lengkap

... model and some recently-developed dynamic general equilibrium models which are designed to exhibit a liquidity ...obtaining a liquidity effect is to dampen and/or delay the impact of ... Lihat dokumen lengkap

... value of V * that would have eliminated the inflation forecast errors resulting from the incorrect assumption of a constant V * ...circular and would be useless for forecasting inflation in ... Lihat dokumen lengkap

... sort of rationing arises if there is a loan size and loan interest rate that maximize the banks’ return on ...Stiglitz and Weiss (1981), p. 408]. If such an optimal loan size and ... Lihat dokumen lengkap

... 1981 and one in ...banks and thrifts to compete more effectively for funds, thereby increasing depository share of financial ...proliferation of stock and bond mutual ...accessibility ... Lihat dokumen lengkap

... combinations of these and other mechanisms are not at all ...with a high relative demand for consumer durables and housing, while retirees consume either out of pension claims or own ... Lihat dokumen lengkap

... quotes a state-contingent price vector y* solving Eq. (2), or it displays a specific arbitrage ...nature of these two objects y* and r* is easy to grasp: given a price regime y* $ 0, ... Lihat dokumen lengkap

... implications of R&D investment. Chan et al. (1990), Doukas and Switzer (1992), and Zantout and Tsetsekos (1994) detected statistically significant stock price increases in response to ... Lihat dokumen lengkap

... policy of the ECB has both a stabilization dimension, as inflationary surprises affect output in both economies according to equation (9), and a revenue dimension, as higher inflation implies ... Lihat dokumen lengkap

... Results of the present study are strongly supportive of betting on Monday home teams and playoff home teams as profitable betting ...set of research- ers as significant or profitable were ... Lihat dokumen lengkap

... if a price control regulation provides some flexibility and allows firms to apply for price increases ...costs, and hence lower profit, which increases the probability of obtaining price ... Lihat dokumen lengkap

... relevance of the question raised above, the literature on price discrimination has paid little attention to the issue (an exception is the afore-mentioned paper by Armstrong and Vickers ...Armstrong ... Lihat dokumen lengkap

... ture and several distortionary taxes allowing for alternative time horizons for the policy ...model of physical and human capital accumulation along the lines of Stokey and Rebelo ... Lihat dokumen lengkap