Definition: The weighted average cost of capital (WACC) is a financial ratio that calculates a company’s cost of financing and acquiring assets by comparing the debt and equity structure of the business. In other words, it measures the weight of debt and the true cost of borrowing money or...
With privatization processes, governments generally seek to achieve the same goals: 1) increase government revenues, 2) reduce government interference in economic trends, 3) strengthen economic efficiency, 4) increase competition, and 5) ensure the development of domestic capital ...
Capital account is the amount of equity a company's owners have contributed, also referred to as shareholder's equity. For a nation, the capital account is part of the balance of payments that keeps track of the net change in assets and liabilities for the country. Is a capital account an...
In the parlance of economics, there are two kinds of profit which may be determined for a firm or individual, namely, accounting profit and economic profit. The accounting takes into account all the explicit costs while the economic profit considers both explicit costs and implicit costs....
Measuring liquidity preference quantitatively is also difficult. The theory may not work well in the globalized economy of the 2020s. Capital mobility allows liquidity to flow internationally to where rates are highest so national interest rates would reflect global liquidity preferences, not just domest...
Financial Regulation in a Quantitative Model of the Modern Banking System How does the shadow banking system respond to changes in the capital regulation of commercial banks? This paper builds a quantitative general equilibrium m... J Begenau,T Landvoigt 被引量: 86发表: 0年 Norway: From Tortoi...
The Influence of Firm Maturation on Firms' Rate of Adjustment to Their Optimal Capital Structures. :Extant empirical research on firms' adjustment to their optimal capital structures is cross-sectional. However, Scholes and Wolfson (1989) argue that refi... Pittman,A Jeffrey,Klassen,... - 《Jou...
Side C: If a country chooses fixed exchange rates and independent monetary policy it cannot have a free flow of capital. Again, in this instance, fixed exchange rates and the free flow of capital are mutually exclusive. Government Considerations ...
while at least one production variable is kept constant, such as labor or capital. Returns to scale, on the other hand, are an impact of increasing input in all variables of production in the long run. This phenomenon is referred to as economies of scale. ...
Another definition of free enterprise is in terms of economics and was offered by the Nobel-winning economistFriedrich Hayek. Hayek described such systems as spontaneous order. Hayek's point was that free enterprise is not unplanned or unregulated. Instead, he said that planning and regulation arise...