Three Essays on Money
Author: Henry C. Carey
Publisher:
Published: 1855
Total Pages: 59
ISBN-13:
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Author: Henry C. Carey
Publisher:
Published: 1855
Total Pages: 59
ISBN-13:
DOWNLOAD EBOOKAuthor: Stephen M. Andoseh
Publisher:
Published: 2000
Total Pages: 246
ISBN-13:
DOWNLOAD EBOOKAuthor: Carlo Strub
Publisher:
Published: 2010
Total Pages: 68
ISBN-13:
DOWNLOAD EBOOKAuthor: Iván Blanco
Publisher: Ed. Universidad de Cantabria
Published: 2019-02-15
Total Pages: 90
ISBN-13: 8481028770
DOWNLOAD EBOOKDo financial derivatives enhance or impede innovation? We aim to answer this question by examining the relationship between equity options markets and standard measures of firm innovation. Our baseline results show that firms with more options trading activity generate more patents and patent citations per dollar of R&D invested. We then investigate how more active options markets affect firms' innovation strategy. Our results suggest that firms with greater trading activity pursue a more creative, diverse and risky innovation strategy. We discuss potential underlying mechanisms and show that options appear to mitigate managerial career concerns that would induce managers to take actions that boost short-term performance measures. Finally, using several econometric specifications that try to account for the potential endogeneity of options trading, we argue that the positive effect of options trading on firm innovation is causal.
Author: Martin Shubik
Publisher: MIT Press
Published: 1999
Total Pages: 472
ISBN-13: 9780262693110
DOWNLOAD EBOOKThis first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange with money, debt, and bankruptcy. This is the first volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal financial institutions that appear as a logical, technological, and institutional necessity, as part of the "rules of the game." Money and financial institutions are assumed to be the basic elements of the network that transmits the sociopolitical imperatives to the economy. Volume 1 deals with a one-period approach to economic exchange with money, debt, and bankruptcy. Volume 2 explores the new economic features that arise when we consider multi-period finite and infinite horizon economies. Volume 3 will consider the specific role of financial institutions and government, and formulate the economic financial control problem linking micro- and macroeconomics.
Author: Ludwig Van den Hauwe
Publisher: BoD – Books on Demand
Published: 2009
Total Pages: 188
ISBN-13: 2810602212
DOWNLOAD EBOOKRecent events in international financial markets have revived the scientific interest in conceivable institutional alternatives to prevailing monetary arrangements. In the essays reprinted in this book, the author critically examines some of the more influential arguments which have been made in favour of decentralization in banking.
Author: Lucas Marc Fuhrer
Publisher:
Published: 2017
Total Pages:
ISBN-13:
DOWNLOAD EBOOKAuthor: Jean Ann Gauger
Publisher:
Published: 1984
Total Pages: 394
ISBN-13:
DOWNLOAD EBOOKAuthor: Christian Stoltenberg
Publisher:
Published: 2009
Total Pages: 138
ISBN-13:
DOWNLOAD EBOOKAuthor: Kari Puumanen
Publisher:
Published: 1986
Total Pages: 143
ISBN-13: 9789516861190
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