In addition, we verified the heterogeneity effect of speculative culture based on corporate size and analyst attention, which helped strengthen our causal inference. Research results Descriptive statistics of main variables Table 1 presents a summary of the distribution statistics of key variables. The ...
These models have been used in different variants, with Metropolis-Hastings and Sequential filtering being the Monte Carlo designs most used in Economics and Finance. Such models are assessed based on the standard deviation result achieved, the size of the sample, as well as the complexity. The ...
(2) Greater financial misallocation stifles firms' intention to invest in innovation, while a stronger intention can suppress the inclination to innovate speculatively. This indicates a partial mediating role, accounting for over one-fifth of the total effect. (3) Government incentives, such as ...
Wilson (1998) notes that, for the committed exemptionalist, Homo sapiens has in effect become a new species. Wilson even provides a new name — Homo proteus or shapechanger man — with the following description (p. 278) of this hypothetical species: Cultural. Indeterminately flexible, with ...
But it also has a powerful effect that goes beyond being polite. Reinforce your value once more—demonstrate goals for growth and/or mention another professional achievement. Really entice the hiring manager to get in touch with you. Continue using a passionate and energetic tone to keep the ...
Market volatility is still relatively low, particularly compared with 2022, which supports a lower spread estimate. On the other hand, certain economic activity continues to slow, particularly in the manufacturing sector, which supports a wider...
Speculative tradingChinese housing marketmoney illusion effectheterogeneityC22C52E52R21The major Chinese cities experienced dramatic increases in their house prices in the recent years. This paper derives the fundamental value of the housing markets based on the personal disposable income of individual ...
Under a condition of constant absolute risk aversion (CARA), increments in futures prices will result in additional futures sales due to the output effect and speculative effects. The independence of speculation and output decision making is, however, feasible under CARA.(This abstract was borrowed ...
Various studies of the impact of credit rationing on the housing sector have examined its effect on mortgage terms and flows. If credit rationing has a significant effect on the economy, it must affect the real sector, i.e. housing start... SR Stansell,AC Mitchell - 《Applied Economics》 ...
Large trader reporting is also essential to analyze the effect of speculation on energy prices. ICE Impact on Energy Prices. ICE’s filings with the Securities and Exchange Commission and other evidence indicate that its over-the-counter electronic exchange performs a price discovery function – and...