[PDF] Top 20 Directory UMM :Data Elmu:jurnal:I:International Review of Economics And Finance:Vol8.Issue4.Nov1999:

... Estimation of the Euler equation requires strong assumptions about the functional forms for utility and transactions ...questions of specification, such as stability and time-separability, may ... Lihat dokumen lengkap

... characteristics of outside directors other than their specific ...management and share- holder interests are closely aligned. Shivdasani and Yermack (1997) assert that the number of other ... Lihat dokumen lengkap

... row of Table 1. The coefficient of the lagged dependent variable is positively significant and lies within the theoretical bound of 0 and ...speed of adjustment is quite fast; ... Lihat dokumen lengkap

... number of studies have examined the performance of US mutual ...One of the first major studies was by Jensen ...combinations of the risk free asset and the Standard and Poor ... Lihat dokumen lengkap

... payoff of the licensor falls, whereas the payoff of the licensee ...expense of the licensor’s payoff, then the industry profit falls compared to the pre-transfer ...levels of payoffs. If the ... Lihat dokumen lengkap

... ling of mean-reverting dynamics (Chou & Shih, 1997). Baillie and Bollerslev (1994a) indicate that the traditional assumption that the spot and the forward rates are cointe- grated of the ... Lihat dokumen lengkap

... components of average trade size and the number of ...number of shares traded in a period (day) divided by the number of ...product of average trade size and the number ... Lihat dokumen lengkap

... unavailability of sufficient data for many LDCs, efforts were made to ensure that our data for each country meets the statistical definition of a large ...issue of finite sample bias is ... Lihat dokumen lengkap

... features of banking crises can be rationalized in terms of a simple oligopoly model of bank ...lending, and finding themselves in difficulties even if they were not consciously taking ... Lihat dokumen lengkap

... 20% of the sample of large ...1987 and in 1992. Second, some 50–60% of the total inputs/outputs of inefficient banks were excessive/deficient, with inputs proportionately more ... Lihat dokumen lengkap

... role of banks in this environment is to offer agents insurance against this idiosyncratic preference risk by pooling their resources ...state of the economy and the return of the bank ... Lihat dokumen lengkap

... competition and instead resort to pie-splitting, which clearly harms the consumers (indirect effect of ...expansion of the collusive region since S9(b) $ 0 for |b| # ...collusion and social ... Lihat dokumen lengkap

... terms of the underlying forward interest rates, one cannot therefore attribute an equilibrium cointegrating association between the two time ...result and yet one which strikes a familiar chord of ... Lihat dokumen lengkap

... productivity of capital imports, and the attendant adverse selection problem can lead to a reversal of trade ...problem of a policy maker faced with newly entering foreign firms with unknown ... Lihat dokumen lengkap

... rium economics, the loan quantity traded in the market is not uniformly characterized by the minimum of demand and supply ...φ/2c, and sustains as an equilibrium phenomenon; excess demand ... Lihat dokumen lengkap

... possibility of a structural change, we tested for unit roots for the real exchange rates using the data from the floating exchange rate period ...realignment of interna- tional monetary system that ... Lihat dokumen lengkap

... issue of taxation of foreign investment income under oligopolistic competition, however, still remains more or less ...Brander and Spencer (1987) have looked at this policy alternative in a monopoly ... Lihat dokumen lengkap

... measure of the interest rate elasticity of bank ...focus of our investigation is the impact of limited liability on a bank’s interest rate risk exposure, a property that the conventional model ... Lihat dokumen lengkap

... tool of last resort and, in fact, they have become far more complicated by being associated with a myriad of specially structured products labeled with an alphabet soup of ...success of ... Lihat dokumen lengkap

... tests and Perron’s (1997) sequential tests for unit roots with endogenously determined trend breaks to investigate Carlino and Mills’ (1993) notion of stochastic convergence, we are able to reject ... Lihat dokumen lengkap