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The value of a firm’s securities measures the value of the firm’s productive assets. If the assets include only capital goods and not a permanent monopoly franchise, the value of the securities measur...
Debt Redemption,Reserve Accumulation,and Exchange-Rate Regimes
Foreign Reserves Local-Currency Bonds Carry Trade Exchange-Rate Regimes International Finance
2015/4/28
Foreign participation in local-currency-bond markets in emerging countries has increased dramatically over the past decade. In light of this trend, we revisit the question of the optimal exchange-rate...
Asset Accumulation and Labor Force Participation of Disability Insurance Applicants
Disability Insurance Asset Accumulation Labor Force Participation Assets Behavior Employment
2015/4/28
Using panel data from the RAND Health and Retirement Study, I show that rejected applicants for Social Security Disability Insurance (SSDI) possess significantly more assets immediately prior to their...
Capital Accumulation and Capital Intensity of Production Techniques
Capital Intensity of Production Techniques Capital Accumulation
2014/3/24
Capital Accumulation and Capital Intensity of Production Techniques。
Reserve Accumulation: Implications for Global Capital Flows and Financial Markets
monetary policy global financial markets central bank balance sheet
2011/9/12
Examines the accumulation of foreign currency reserve assets and explore its implications for monetary policy, global financial markets and the U.S. economy. Explanation on the simplified central bank...
Techno-Managerial Competences in Enrico Mattei?s AGIP: A Prolonged Accumulation Process in an International Relationship Network, 1935-1965
AGIP A Prolonged Accumulation Process International Relationship Network
2010/10/11
During Enrico Mattei’s chairmanship, AGIP achieved important results in the natural gas business by completing a slow process of capabilities assimilation begun in the 1930s through the firm’s activit...