Search results for "moneta"

Assessing the impact of agri-environmental schemes on the eco-efficiency of rain-fed agriculture

2012

This paper analyses the impact of the Agri-environmental Extensification Scheme for the Protection of Flora and Fauna (F&F Scheme) on the eco-efficiency of a sample of dryland farms in the Spanish region of Castile and Leon. Using Data Envelopment Analysis (DEA) and the so-called program decomposition approach to efficiency measurement, we explore whether or not the production technology of the farms included in the F&F Scheme is more eco-efficient than the technology used by farms that are not included in the Scheme. The re-sults obtained confirm the foregoing hypothesis, providing evidence that environmental pres-sures could be reduced if all farms adopted the F&F Scheme technology. Furth…

Hallazgos monetarios en el asentamiento ibérico final de La Casa de la Cabeza (Requena, València)

2013

Se presentan seis monedas aparecidas en las campañas de los años 2010 y 2012 en el asentamiento ibérico final de la Casa de la Cabeza (Requena, Valencia). Se trata de tres cuartos de la ceca de Arse, dos unidades de la ceca de Kili y un último ejemplar del taller de Cástulo.

Finances and credit: problems, conceptions, management

2001

Economic situation in the Baltic States is investigated, in particular the development of economics in transition is analysed in Latvia, Lithuania, Estonia and Poland. There are studied the following details: Monetary and exchange rate policy; Crediting and bank management; Development of securities market; Management of taxes and finance; Development of accounting policy; Pension reform perspective etc.

Director Compensation Incentives and Acquisition Outcomes

2018

The principal objective of this chapter is to investigate the relation between director compensation structure and shareholder interests in the context of acquisitions. Our evidence suggests that acquirer firms that compensate their directors with a higher proportion of incentive-based compensation have significantly higher stock returns around the announcement. An increase in director equity-based pay results in a lower probability of value-destroying acquisitions and a lower acquisition premium for targets. We further find that acquirers with higher equity-based pay exhibit greater improvements in stock price and operating performance following acquisitions.

Fiscal Adjustment and Business Cycle Synchronization

2013

Using a panel of annual data for 20 countries we show that synchronized fiscal consolidation (stimulus) programmes in different countries make their business cycles more closely linked, especially in the case of fiscal adjustments lasting 2 or 3 years. We also find: (i) little evidence of decoupling when an inflation targeting regime is unilaterally adopted; (ii) an increase in business cycle synchronization when countries fix their exchange rates and become members of a monetary union; (iii) a positive effect of bilateral trade on the synchronization of business cycles.

JABB: taking stock after 8 years activity

2011

Influencia y sensibilidad de los mercados bursátiles europeos.

1999

Este trabajo analiza las relaciones entre los mercados bursátiles europeos y los de Nueva York y Tokio, durante el período 1988-1998. La no coincidencia de los horarios de negociación entre estos mercados determina los resultados de los análisis de correlación y de regresión con rendimientos diarios de los índices bursátiles de cada mercado de valores. Con el fin de solucionar éste y otros inconvenientes se contrasta el modelo propuesto por Peiró et al. (1998), que permite distinguir entre la capacidad de influir de un mercado sobre otro y la sensibilidad de ser influido por el resto de los mercados. Los resultados, en moneda local, indican que el mercado más influyente es Nueva York, mient…

Building up a multilateral strategy for the United States: Jacob Viner, Alvin Hansen and the Council on Foreign Relations (1939-1945)

2009

Apoteosis ideológica / 4

2004

Do sovereign ratings cause instability in cross-border emerging CDS markets?

2020

We analyse the cross-border transmission effect of credit ratings on sovereign CDSs covering a broad sample of emerging countries during the period 2004 to 2015. This study differentiates between the spillover and competition effects between and within geographical areas of emerging countries. We find substantial evidence of cross-border effects with asymmetric responses to upgrades and downgrades. The market reaction differs across regions, reflecting how the international and local impact of rating events are due to different types of effects. At the international portfolio level, the competitive effect is dominant over the spillover effect. Negative events in Asia benefit Africa (which i…