price behavior at high inflation evidence from latin america
Dividend payout policies evidence from Latin America
... 2.73 16.78 0.07 Panel C Correlation matrix (1995–2013) Dt+1 / At+ 1 Dt + /At + At At + /At + NIt /At + MVt /At Et /St PPNt + /At Lt + /At + Lt + /MVt + Dt /At + REt /At GIt 0.457∗∗∗ −0.038∗∗ −0.050∗∗∗ ... Estimates with governance indicators Specification: a No interaction Intercept NIt / At + NIt ∗ GIt NIt /At + ∗ MVt /At NIt /At + ∗ Et /St NIt /At + ∗ PPNt + /At NIt /At + ∗ ln (at ) NIt /At + ... Estimates with country effects Specification: a No interaction Intercept NIt / At + At + / At + Dt /At + Dt /At + ∗ d-Brazil Dt /At + ∗ d-Chile Dt /At + ∗ d-Colombia Dt /At + ∗ d- Mexico Dt /At...
- 14
- 373
- 0
Deep Recessions, Fast Recoveries, and Financial Crises: Evidence from the American Record ppt
... Millenial statistics, and interpolated again, this time using national and state bank data The national bank data came from the NBER series, adding up NBER 14016, Loans and Discounts, national banks, ... interpolate the Millenial statistics annual number This let us interpolate from 1896 to 1913 Then we attached the series for state and national banks, discounting by the ratio for that series ... into quarters Annual State bank data comes from Millenial Statistics, Cj151, State banks, Loans and discounts It was made quarterly by linear interpolation The state and national bank numbers were...
- 46
- 503
- 0
Abortion, income, wantedness, evidence from the american community survey
... conceived in a state with a high reported abortion rate, and those that were conceived in states with low reported abortion rates A state with a high reported abortion rate is defined as a state with ... Constant Legal State After After in Illegal Abortion State Controls for: Age & Age² Year State Birth-State Education R² Observations *significant at 10% **significant at 5% ***significant at 1% Table ... & Age² Year State Birth-State Education R² Observations *significant at 10% **significant at 5% ***significant at 1% VI 9.235*** [1.5600] The standard errors are clustered by state surveyed and...
- 44
- 190
- 0
Credit at times of stress: Latin American lessons from the global financial crisis pot
... GDP, the higher the mismatch ratio This partly explains the relatively high mismatch ratios in a number of Latin American countries In other words, the resilience of Latin American countries to ... benchmark rate at quarter t, R is the long term real interest rate, ∏ is the inflation target n level, ∏ t + is the inflation rate one year ahead and Yt − Y is the output gap calculated as the deviation ... IMF; Datastream; Moody’s; national data; BIS At the regional level, the pre-crisis situation in Emerging Asia and Latin America contrasted with that of Eastern Europe For example, debt ratios...
- 44
- 712
- 0
Mental Accounting and Consumer Choice: Evidence from Commodity Price Shocks pot
... G from the portion of gasoline price variation that is attributable to fluctuations in the spot price of crude oil Descriptive Evidence 5.1 Gasoline Prices and Grade Choice Figure plots, separately ... 2002) We identify η G from variation in the national price of gasoline Variation in national gasoline prices is driven by global supply and demand shocks that are plausibly unrelated to tastes for ... implications of our findings for retailer behavior Our findings indicate that consumers will put a higher premium on saving money on gas in high -price times than in low -price times This implies that...
- 49
- 445
- 0
Is there Room for Forex Interventions under Inflation Targeting Framework? Evidence from Mexico and Turkey pptx
... exchange rate volatility on trade, high liability dollarization, and higher pass-through from the exchange rate to inflation. 1 Consequently, it is argued that benign neglect of the exchange rate is ... of annual inflation targets in 1999 with a view to converge to the inflation rate prevailing in the country’s main trading partners From this year on, the actual annual rates of inflation have ... implied volatility of option prices The main practical limitation, however, is the lack of information on a daily basis 11 Bollerslev (1986) In an attempt to avoid violating non-negativity conditions,...
- 33
- 441
- 0
Industry Consolidation and Price-Cost Margins --Evidence from the Pulp and Paper Industry ppt
... finds that returns to innovative activities generate a positive relationship between profits and concentration and Salinger (1990) finds that high levels of concentration are associated with price ... accounting, on American Forest & Paper Association, Statistics of Paper, Paperboard and Wood Pulp, 1979-1999; American Forest & Paper Association, 2003 Statistics American Forest & Paper Association, ... analysis of the correlation matrix among these variables indicated a relatively high level of correlation (.82) between import intensity and market concentration and very little correlation (.09) between...
- 30
- 590
- 0
chan, chockalingam and lai-overnight information and intraday trading behavior - evidence from nyse cross
... information on intraday price movements helps explain why price volatility is higher at the open and lower at midday On the other hand, local price movements cannot explain intraday variations ... information from the local price movement rather than from the NYSE opening returns Although the local price movement and NYSE opening returns are closely related, they are not perfectly correlated, ... conclusion Relation between overnight information and intraday market activity 2.1 Why market acti6ity is higher at the open Extensive empirical evidence documents that stock market behavior at the...
- 15
- 306
- 0
báo cáo sinh học:" Training needs assessment for clinicians at antiretroviral therapy clinics: evidence from a national survey in Uganda" docx
... administrative regions and two from each of the others One facility that was not active was selected from each catchment area At least one nongovernmental or faith-based facility was selected from ... benefited from several ART training initiatives, including the Drug Access Initiative [20], and WHO's Integrated Management of Adult and Adolescent Illness [21], as well as training from organizations ... HealtheFoundation [22], IDI [20,22,23], Mildmay International [20,22], Paediatric Infectious Diseases Clinic at Mulago Hospital, The AIDS Support Organization (TASO) [22], and Uganda Cares These organizations...
- 8
- 358
- 0
báo cáo sinh học:" Recent changes in human resources for health and health facilities at the district level in Indonesia: evidence from 3 districts in Java" doc
... (RSB)) Maternity clinic (Rumah Bersalin (RB)) Maternity clinic (Rumah Bersalin (RB)) Health center (Pusat Kesehatan Masyarakat (Puskesmas)) 0 15 19 62 62 Health center (Pusat Kesehatan Masyarakat ... center (Pusat Kesehatan Masyarakat (Puskesmas)) 51 51 Auxiliary health center (Puskesmas pembantu (Pustu)) 82 118 Treatment clinic (Balai pengobatan (BP)) Treatment clinic (Balai pengobatan (BP)) ... outcome of a national policy, are likely to be indicative of what happened across the nation They have important implications for the sector as a whole in terms of funding, decentralization, health...
- 6
- 432
- 7
Báo cáo y học: " The cnidarian-bilaterian ancestor possessed at least 56 homeoboxes: evidence from the starlet sea anemone, Nematostella vectensis" pdf
... including 130 from the genome of Nematostella, a representative non-bilaterian, 228 from Homo, a representative deuterostome bilaterian, and 97 from Drosophila, a representative protostome bilaterian ... diverges from Bilateria after the origin of homeodomain classes but before their diversification (c) Cnidaria diverges from Bilateria after the diversification of homeobox classes (d) At the time ... (130 from Nematostella, 97 from Drosophila, and 228 from human) Additional data file is a Bayesian phylogeny depicting the relationships among the same 455 homeodomain sequences Additional data...
- 20
- 190
- 0
![al-thuneibat et al - 2011 - do audit tenure and firm size contribute to audit quality - empirical evidence from jordan [at]](https://media.store123doc.com/images/document/2015_01/06/small_uqu1420548079.jpg)
al-thuneibat et al - 2011 - do audit tenure and firm size contribute to audit quality - empirical evidence from jordan [at]
... is negatively related to DAs The correlation coefficient for the ratio is 0.647 significant at 0.000 This indicates that the higher the cash flow from operations; the lower management incentives ... Control variables To eliminate alternative explanations that might arise whilst investigating the relationship between the variables, we control other cross-sectional factors that have been shown previously ... existing literature about audit rotation, firm size and audit quality at the international level because auditing is a socially constructed phenomenon and therefore we need evidence from various...
- 18
- 1,485
- 0
Evidence from banks profit maximizing behavior in the mortgage market
... 0.95 P h=0.6 From equation (17) and the calibration (2), the larger is the price shock at period 2, the faster is the liquidation The leverage changes the situation of banks dramatically The ... maximizing behaviors Literature Review It is commonly believed that information asymmetry is an important feature of the mortgage market Informed portfolio lenders possess private information on ... at period and sold off at P1>1, but the price falls period So, as long as P1 is high enough, it pays the bank to use all of its balance sheet for securitization at period 1, including originating...
- 48
- 140
- 0
Financial Development and Dynamic Investment Behavior: Evidence From Panel Vector
... in their estimation) Stanca and Gallegati (1999) also investigate the relationship between firms’ balance sheets and investment by estimating reduced form VARs on company panel data for UK firms ... (the same applies to the simulated confidence intervals) Data Our firm-level data comes from the Worldscope database, which contains stardardized accounting information on large publicly traded ... (2), pp 141-95 Gallegati, M and L Stanca, 1999, ”The Dynamic Relation between Financial Positions and Investment: Evidence from Company Account Data”, Industrial and Corporate Change, Volume 8,...
- 34
- 228
- 0
The impact of inflation on economic growth evidence from a panel of selected asia countries
... deduction in capital accumulation and hence in production growth (Clark, 1982) Friedman (1977) indicates that at a higher inflation rate leads to a higher volatility of inflation, then affects seriously ... effects at inflation rates which are lower than the threshold level And the effects of inflation on growth will be negative if the inflation rate is at inflation rates higher threshold Sarel ... growth rate and the inflation rate of Vietnamese economy in the period of 1990-2010 are presented in Figure 3-1 Vietnam has a background of a high inflation rate and low growth rate Inflation rate...
- 127
- 428
- 0
Herding behavior in vietnamese stock market empirical evidence from quantile regression analysis
... of the fact that investors tend to ignore their own private information and usually follow majority of the market, this leads to a consequence that the stock price deviates further from the fundamental ... mimic higher ability and achieve higher compensation Graham (1990) suggests that analysts more likely to herd are the one who characterized by high reputation and low ability Specifically, high ... the market at the later stage, it may be an optimal decision to imitate trading behavior of previous investors since they surmise that previous investors possess more accurate information A decision...
- 78
- 218
- 0
The impact of consumer ethnocentrism, perceived quality and perceived price on willingness to buy local household products evidence from ho chi minh city, vietnam
... empirical data showed that the perceived price of local product in consumers is very high All means of three score are approximate 4.0 This finding indicates that Vietnam consumers believe that price ... (1985) found that price negatively influences willingness to buy, and the results from Dodds et al (1991) also confirm this a negative relationship These studies found that if the price goes over ... these products 2.2.6 Moderating effects of product categories and demographics This study investigates the moderating effects of product category (low -price and highprice) and demographic characteristic...
- 102
- 366
- 2
Environmental regulation and economic competitiveness: Evidence from the textile industry in Vietnam
... suggests that a win-win situation is created where both firms and society’s welfare would benefit from environmental regulation It argues that environmental regulations stimulate innovation which, ... extensive and sophisticated wastewater treatment, whereas Level C standards require minimal treatment At present, industrial waste treatment facilities are expected treat wastewater to at least Level ... serves as a stateowned parent organization that regulates the planning, investment fund and sets output targets for state owned textile-garment firms VINATEX is one of 18 state Corporations 16 Kommentar...
- 50
- 602
- 1
Words from Latin
... Globe pinnate (PIN-ayt) adjective Resembling a feather, having similar parts arranged on opposite sides of a common axis From Latin pinnatus (feathered), from pinna (feather), ultimately from Indo-European ... L AT I N 197 So far I haven’t received any spam in Latin, but I wouldn’t hold my breath Till spammers brush up on their Latin, let us peruse a few words from that ancient language stat (stat) ... gluttonous From French, from Latin ventri- (abdomen) + potent (powerful) The word ventriloquism, the art of speaking such that the voice seems to come from somewhere else, is derived from the same...
- 31
- 385
- 0
A study of the issues of teaching listening setions in tiếng anh 11 at high schools in nghe an
... relatively objective information, a combination of both qualitative and quantitative approaches was used Data collection instruments consisted of questionnaires, interviews and class observations ... the rules of negotiation, clarification, attending signals, turn taking, topic nomination, maintenance and termination 16 2.3.1.5 Strategies to Teach Listening Listening strategies are techniques ... McCombs and Whistler (1997) states that learners are treated as co-creators in the learning process, as individuals with ideas and issues that deserve attention and consideration 24 While the teacher-centeredness...
- 140
- 838
- 5
Tìm thêm: hệ việt nam nhật bản và sức hấp dẫn của tiếng nhật tại việt nam xác định các mục tiêu của chương trình khảo sát các chuẩn giảng dạy tiếng nhật từ góc độ lí thuyết và thực tiễn khảo sát chương trình đào tạo của các đơn vị đào tạo tại nhật bản khảo sát chương trình đào tạo gắn với các giáo trình cụ thể xác định thời lượng học về mặt lí thuyết và thực tế điều tra đối với đối tượng giảng viên và đối tượng quản lí nội dung cụ thể cho từng kĩ năng ở từng cấp độ xác định mức độ đáp ứng về văn hoá và chuyên môn trong ct phát huy những thành tựu công nghệ mới nhất được áp dụng vào công tác dạy và học ngoại ngữ mở máy động cơ rôto dây quấn các đặc tính của động cơ điện không đồng bộ đặc tuyến hiệu suất h fi p2 đặc tuyến tốc độ rôto n fi p2 sự cần thiết phải đầu tư xây dựng nhà máy thông tin liên lạc và các dịch vụ phần 3 giới thiệu nguyên liệu từ bảng 3 1 ta thấy ngoài hai thành phần chủ yếu và chiếm tỷ lệ cao nhất là tinh bột và cacbonhydrat trong hạt gạo tẻ còn chứa đường cellulose hemicellulose chỉ tiêu chất lượng theo chất lượng phẩm chất sản phẩm khô từ gạo của bộ y tế năm 2008 chỉ tiêu chất lượng 9 tr 25