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Centre for Economic and Financial Research
(4 results)-
White Papers
The Resource Curse: A Corporate Transparency Channel
October 11, 2007, 12:00am PDT
The authors propose and investigate a new channel through which the resource curse - a stylized fact that countries rich in natural resources grow slower - operates. Predatory governments are more...
Provided by Centre for Economic and Financial Research
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White Papers
Why Less Informed Managers May Be Better Leaders
April 27, 2010, 12:00am PDT
Unlike the textbook model of a top manager being an omniscient planner, coordinator and monitor, the real life managers suffer from discontinuity, lack of systematic information collection and...
Provided by Centre for Economic and Financial Research
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White Papers
Imperfect Competition In Financial Markets And Capital Structure
January 1, 2009, 12:00am PST
The authors consider a model of corporate finance with imperfectly competitive financial intermediaries. Firms can finance projects either via debt or via equity. Because of asymmetric information...
Provided by Centre for Economic and Financial Research
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White Papers
Modeling Financial Return Dynamics Via Decomposition
September 1, 2007, 12:00am PDT
While the predictability of excess stock returns is detected by traditional predictive regressions as statistically small, the direction-of-change and volatility of returns exhibit a substantially...
Provided by Centre for Economic and Financial Research
-
White Papers
Modeling Financial Return Dynamics Via Decomposition
September 1, 2007, 12:00am PDT
While the predictability of excess stock returns is detected by traditional predictive regressions as statistically small, the direction-of-change and volatility of returns exhibit a substantially...
Provided by Centre for Economic and Financial Research
-
White Papers
Imperfect Competition In Financial Markets And Capital Structure
January 1, 2009, 12:00am PST
The authors consider a model of corporate finance with imperfectly competitive financial intermediaries. Firms can finance projects either via debt or via equity. Because of asymmetric information...
Provided by Centre for Economic and Financial Research
-
White Papers
Why Less Informed Managers May Be Better Leaders
April 27, 2010, 12:00am PDT
Unlike the textbook model of a top manager being an omniscient planner, coordinator and monitor, the real life managers suffer from discontinuity, lack of systematic information collection and...
Provided by Centre for Economic and Financial Research
-
White Papers
The Resource Curse: A Corporate Transparency Channel
October 11, 2007, 12:00am PDT
The authors propose and investigate a new channel through which the resource curse - a stylized fact that countries rich in natural resources grow slower - operates. Predatory governments are more...
Provided by Centre for Economic and Financial Research
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