Search results for "Econometric"
showing 10 items of 3780 documents
Export market integration in the European Union
2004
This paper examines the degree and recent evolution (1988-2001) of export-price dispersion among European Union countries. It also explores the effect of exchange rates on exportprice dispersion by reviewing the experience of some European countries that participated in the exchange rate stability zone. The results indicate that export-price dispersion across European Union countries was usually lower than across OECD countries. Moreover, although there is little evidence of convergence, this is stronger across European Union countries. Finally, even though price dispersion was often lower across European Union countries where exchange rates have been relatively stable than across countries…
Anestesisykepleieres metoder for å kontrollere cufftrykk – en observasjonsstudie
2021
Bakgrunn: Forskning viser at pasienter i generell anestesi som har fått sine luftveier sikret med en larynxmaske eller en endotrakealtube opplever postoperative pharyngolaryngeale komplikasjoner. Et kontrollert cufftrykk har vist reduksjon i komplikasjoner.
 Hensikt: Hensikten med studien var å undersøke hvilke metoder anestesisykepleiere bruker for å kontrollere cufftrykk, og hvilke begrunnelser de har for å bruke cufftrykkmanometer.
 Metode: Totalt 45 anestesisykepleiere ble observert når de kontrollerte cufftrykket i en endotrakealtube og en larynxmaske. Anestesisykepleierne ble i tillegg spurt om hvilke begrunnelser de hadde for å bruke eller ikke bruke cufftrykkmanometer.�…
The Multi-Fibre Arrangement—A hydra of protectionism?
1981
Talks are at present in progress in Geneva among 51 industrialised and developing countries on a renewal of the Multi-Fibre Arrangement (MFA) which expires at the end of 1981. The preliminaries of the negotiations have already revealed the existence of massive conflicts of interest not only between the industrialised countries on the one hand and the developing countries on the other but also within the two groups. The talks are moreover overshadowed by threats from individual industrialised countries to resort to unilateral protectionist measures unless a result satisfactory to them is achieved. This situation is the more explosive as the outcome of the negotiations is regarded worldwide a…
Free trade and protection of the environment: Is the GATT in need of reform?
1992
The GATT negotiations under the Uruguay Round have almost run their course. However, consultations are certain to continue, as critics regard the GATT rules on environmental protection as inadequate. What aspects need to be reformed, and how might the initial reform measures look?
Contractual satisfaction: drivers and implication for theory
2014
The aim of inter-firm relations is to achieve each firm’s objectives. The achievement of these objectives is reflected in firms’ satisfaction. Satisfaction as a concept can be studied at different levels and contractual relations is one such level. Most studies on inter-firm satisfaction have looked at the general level of satisfaction, whose drivers are complex to account for. This study aims to investigate contractual satisfaction from the perspective of some of its key drivers. The main finding suggests that, while ongoing term specificity, contingent adaptability, reputation and trust have a positive influence on contractual satisfaction, opportunism has a negative one.
Shooting down the price: Evidence from Mafia homicides and housing prices
2022
In this paper, we estimate the effect of the homicides by the Camorra, the Neapolitan Mafia, on housing prices in Naples. The study develops on a unique panel data set at the administrative district level for the period 2002–2018 of geo-localized homicides involving innocent victims (denoted as IVH), which are treated as exogenous shocks that negatively affect housing demand. We find that the occurrence of such homicides causes a decrease in housing prices in the range of 2.5–3.8 percentage points. This effect decreases with the distance from an IVH and over time. These results are robust to the utilization of different econometric specifications and to the considerations of possible confou…
CAPITAL FLOW BONANZAS AS A FUNDAMENTAL INGREDIENT IN SPAIN'S FINANCIAL CRISES, 1850-2015
2020
El trabajo analiza los mecanismos a través de los cuales los flujos de capital produjeron inestabilidad financiera en España durante un período de 165 años. Se estudia por qué y cómo las bonanzas de capital hacen que las crisis sean más probables y severas, y si su incidencia varía en función de los tipos de crisis (crisis cambiaria, bancaria y de deuda). Concluimos que la mayoría de ellas se produjeron en diferentes regímenes de política monetaria pero que se asociaron a bonanzas de capital en un marco regulatorio liberal, lo que contribuyó a una mayor probabilidad y a una mayor gravedad de las crisis. El análisis de los diferentes regímenes de política monetaria, las estructuras financier…
Does Capital Structure Influence Company Profitability?
2017
Abstract Every company has a different structure of balance sheet. Some of the companies have more liabilities than equity. Considering the industry or debt-to-equity ratio, the balance sheet structure affects the company profitability measured by DuPont system. The main objective of the paper is to analyze the structure of balance sheet and to identify some optimal levels in order to increase company profitability. The DuPont returns like ROA (return on assets) and ROE (return on equity) will be used to measure the company profitability, while the debt-to-equity ratio will be used as a measure (reflection) of capital structure. The samples consist on the most profitable non-financial compa…
On Ignoring the Random Effects Assumption in Multilevel Models: Review, Critique, and Recommendations
2019
Entities such as individuals, teams, or organizations can vary systematically from one another. Researchers typically model such data using multilevel models, assuming that the random effects are uncorrelated with the regressors. Violating this testable assumption, which is often ignored, creates an endogeneity problem thus preventing causal interpretations. Focusing on two-level models, we explain how researchers can avoid this problem by including cluster means of the Level 1 explanatory variables as controls; we explain this point conceptually and with a large-scale simulation. We further show why the common practice of centering the predictor variables is mostly unnecessary. Moreover, …
Money for the Issuer: Liability or Equity?
2021
Abstract This study analyzes the nature of money through the lens of the international principles of accounting and lays the foundations of what it calls the accounting view of money (AVM). Using international accounting principles, the AVM argues that the fiat monies issued by the state (typically, cash, banknotes, and central bank money) are not debt and that in fractional reserve regimes, only a share of commercial bank money can be regarded as debt. The AVM argues, instead, that state monies and the nondebt share of commercial bank money are net wealth of their holders and net worth (equity) of their issuers and determines how the seigniorage associated with money issuance should be acc…