Because of the unobservable character of cash-flows, discounted cash-flow firms valuation models need to substitute them with different approximations and the discount rate must be ...
Many studies examine why firms are financed by their suppliers, but few empirical studies look at the macroeconomic implications of such financial arrangements. Using disaggregated panel ...
This paper uses a panel of Swedish counties over the years 1988-99 to study the effects of unemployment on property crime rates. The period under study is characterized by great ...
The paper investigates the link between the optimal level of non-financial firms’ short- term leverage and macroeconomic and idiosyncratic sources of uncertainty. We develop a ...
Applying the identification strategy employed by Driscoll (2004) for the United States, this paper provides empirical evidence for the existence of a bank lending channel of monetary ...
Since the 1970's, countries of the Sub-Saharan African region have experienced slow economic growth and development in comparison to other regions of the world. This paper studies the role of ...
In this paper we investigate the impact of Central Bank Independence (CBI) on average inflation and inflation variability for 22 transition economies over the time period of 1991-2003. We devise a ...
SuperValu Twitter Demographics NWA Social Media Club Collin Condray (@ccondray) 5/28/2009 Who is SuperValu? 4 th largest grocery retailer in the US ...