Download or read book Three Essays in Financial Markets The Bright Side of Financial Derivatives Options Trading and Firm Innovation written by Iván Blanco and published by Ed. Universidad de Cantabria. This book was released on 2019-02-15 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do financial derivatives enhance or impede innovation? We aim to answer this question by examining the relationship between equity options markets and standard measures of firm innovation. Our baseline results show that firms with more options trading activity generate more patents and patent citations per dollar of R&D invested. We then investigate how more active options markets affect firms' innovation strategy. Our results suggest that firms with greater trading activity pursue a more creative, diverse and risky innovation strategy. We discuss potential underlying mechanisms and show that options appear to mitigate managerial career concerns that would induce managers to take actions that boost short-term performance measures. Finally, using several econometric specifications that try to account for the potential endogeneity of options trading, we argue that the positive effect of options trading on firm innovation is causal.
Download or read book Three Essays and Three Revolutions written by Francis Goskowski and published by Strategic Book Publishing. This book was released on 2012-06-07 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you have ever wondered why American Catholics and American Protestants in the mainline denominations in 2011 believe and worship in very similar ways; why Democrats and Republicans accept the necessity of governmental intervention to secure the "safety net" of services citizens may need to access at various times in their lives; and why average American workers in their pivotal role as producers and consumers of goods and services "own" the nation's economy; Three Essays and Three Revolutions is the book for you.Author Francis Goskowski argues that Martin Luther, Jean-Jacques Rousseau, and Karl Marx, three "Founding Fathers" of the modern world, are responsible for the "big ideas" that have shaped current thinking in religion, politics, and economics. By closely examining one important work of each thinker, the author shows how the revolutionary concepts Luther, Rousseau, and Marx advanced, provoked fierce opposition within the prevailing order, but ultimately gained acceptance in all circles, evidenced by the fundamental agreement on religious liberty, civic equality, and economic justice apparent throughout the Western world today.This eloquently written, thought-provoking, and sensibly priced collection of essays...is timely and long overdue. Three Essays and Three Revolutions is the sort of wonderful book of which any aspiring writer might wish to claim authorship. I am sure that it will be wisely read, thoughtfully debated, and much treasured in the years ahead. - John Quentin Feller, Ph.D., K.H.S., former professor of history and historical consultant to the late Cardinal Lawrence J. Shehan and retired Cardinal William H. Keeler, 12th and 14th Archbishops of Baltimore respectively.
Download or read book Three Essays on Emerging Capital Markets written by Qi Li and published by . This book was released on 2004 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book B Side Books written by John Plotz and published by Columbia University Press. This book was released on 2021-06-01 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are the acknowledged classics of world literature: the canonical works assigned in schools, topping every must-read list . . . and then there are the B-Sides. These are the books that slipped through the cracks, went unread, missed their rightful appointment with posterity. They were ahead of their times or behind their times or on a whole different schedule than the rest of the universe. What do you do when a book that you love has been neglected or dismissed by everyone else? In B-Side Books, leading writers, critics, and scholars show why their favorite forgotten books deserve a new audience. From dusty westerns and far-out science fiction to obscure Czech novelists and romance-novel precursors, the contributors advocate for the unsung virtues of overlooked books. They write about unheralded novels, poetry collections, memoirs, and more with understanding, respect, passion, and love. In these thoughtful, often personal essays, contributors—including Stephanie Burt, Caleb Crain, Merve Emre, Ursula K. Le Guin, Carlo Rotella, and Namwali Serpell—read books by writers such as Helen DeWitt, Shirley Jackson, Stanislaw Lem, Dambudzo Marechera, Paule Marshall, and Charles Portis.
Download or read book Automated Essay Scoring written by Mark D. Shermis and published by Routledge. This book was released on 2003-01-30 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new volume is the first to focus entirely on automated essay scoring and evaluation. It is intended to provide a comprehensive overview of the evolution and state-of-the-art of automated essay scoring and evaluation technology across several disciplines, including education, testing and measurement, cognitive science, computer science, and computational linguistics. The development of this technology has led to many questions and concerns. Automated Essay Scoring attempts to address some of these questions including: *How can automated scoring and evaluation supplement classroom instruction? *How does the technology actually work? *Can it improve students' writing? *How reliable is the technology? *How can these computing methods be used to develop evaluation tools? *What are the state-of the-art essay evaluation technologies and automated scoring systems? Divided into four parts, the first part reviews the teaching of writing and how computers can contribute to it. Part II analyzes actual automated essay scorers including e-raterTM, Intellimetric, and the Intelligent Essay Assessor. The third part analyzes related psychometric issues, and the final part reviews innovations in the field. This book is ideal for researchers and advanced students interested in automated essay scoring from the fields of testing and measurement, education, cognitive science, language, and computational linguistics.
Download or read book Introduction to Indigenous Literary Criticism in Canada written by Heather Macfarlane and published by Broadview Press. This book was released on 2015-12-18 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction to Indigenous Literary Criticism in Canada collects 26 seminal critical essays indispensable to our understanding of the rapidly growing field of Indigenous literatures. The texts gathered in this collection, selected after extensive consultation with experts in the field, trace the development of Indigenous literatures while highlighting major trends and themes, including appropriation, stereotyping, language, land, spirituality, orality, colonialism, residential schools, reconciliation, gender, resistance, and ethical scholarship.
Download or read book Three Essays on the Trading Behavior of Market Participants written by Orkunt Mesut Dalgic and published by . This book was released on 2003 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on Incomplete Exchange Rate Pass through Monetary Policy and Province Border Effects written by Wei Chen and published by . This book was released on 2004 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on the Transmission of the Korean Financial Crisis to the Real Sector written by Jong Hun Kim and published by . This book was released on 2005 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main purpose of this dissertation is to identify the prominent channels through which financial decisions are transmitted to real economic activities with three different empirical studies. The first essay examines investment behavior and the effects of financing constraints among Korean manufacturing firms before and after the 1997 financial crisis using a firm-level panel data. The results indicate that investment depends on both sales and the level of cash balances. Firms' financing constraints, as measured by their cash balances, turn out to be binding in financially "weaker" groups such as younger firms and those with lower dividend payouts. The second essay identifies the role of non-monetary factors using a methodology similar to Bernanke's (1983) study of the Great Depression in the United States. We find that increases in the spread between market interest rates and government bond yields, which is a measure of the cost of credit intermediation, whether caused by shifts in business risk or lowered expectations for the Korean economy among international investors, explain the decline in output more fully than frameworks relying only on a fall in the real stock of money. The results, obtained from structural regression equations, unrestricted vector autoregressive systems, and the accompanying dynamic forecasts, suggest that the causes of the crisis lie in factors far deeper than shifts in precautionary and speculative demands for the won. We also find that the credit crunch following the crisis affected light industry more emphatically than heavy industry. The third essay examines the impact of financial factors on economic growth in several East Asian countries using macroeconomic panel data and various estimation techniques. The dynamic panel vector autoregressive analysis shows that growth in these countries was to some extent "finance-led." We do not find that the relationship between finance and growth differs between the four countries that experienced crises (Indonesia, Korea, Malaysia and Thailand) and the other countries that did not. The results suggest that we may not be able to blame the financial sector solely as the main trigger of the economic crisis. While these essays focus on the 1997 East Asian crisis, and may give more attention on the Korean episode, we believe that they shed light on financial and economic developments more generally since the crisis could happen to any country, especially when they are on a path to having more developed and internationally open economies.
Download or read book Three Essays on the Microstructure of the Turkish Stock Market written by Sadettin Aydin Yuksel and published by . This book was released on 2000 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Dissertation Abstracts International written by and published by . This book was released on 2009 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three essays on linguistic diversity in the Spanish speaking world written by Jacob Ornstein-Galicia and published by Walter de Gruyter GmbH & Co KG. This book was released on 2018-01-22 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Automated Essay Scoring written by Mark D. Shermis and published by Routledge. This book was released on 2003-01-30 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new volume is the first to focus entirely on automated essay scoring and evaluation. It is intended to provide a comprehensive overview of the evolution and state-of-the-art of automated essay scoring and evaluation technology across several disciplines, including education, testing and measurement, cognitive science, computer science, and computational linguistics. The development of this technology has led to many questions and concerns. Automated Essay Scoring attempts to address some of these questions including: *How can automated scoring and evaluation supplement classroom instruction? *How does the technology actually work? *Can it improve students' writing? *How reliable is the technology? *How can these computing methods be used to develop evaluation tools? *What are the state-of the-art essay evaluation technologies and automated scoring systems? Divided into four parts, the first part reviews the teaching of writing and how computers can contribute to it. Part II analyzes actual automated essay scorers including e-raterTM, Intellimetric, and the Intelligent Essay Assessor. The third part analyzes related psychometric issues, and the final part reviews innovations in the field. This book is ideal for researchers and advanced students interested in automated essay scoring from the fields of testing and measurement, education, cognitive science, language, and computational linguistics.
Download or read book Finding List written by and published by . This book was released on 1900 with total page 836 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on Economic Integration in Latin America written by Francisco J. Parodi and published by . This book was released on 2002 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Abstracts of the Standard Edition of the Complete Psychological Works of Sigmund Freud written by Carrie Lee Rothgeb and published by . This book was released on 1971 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Catalog of Copyright Entries Third Series written by Library of Congress. Copyright Office and published by Copyright Office, Library of Congress. This book was released on 1968 with total page 1216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
