Zobrazeno 1 - 10
of 230
pro vyhledávání: '"1402 Accounting"'
Autor:
Zeisberger, Stefan
Publikováno v:
Journal of Risk and Uncertainty, 65, pp. 185-213
Journal of Risk and Uncertainty, 65, 185-213
Journal of Risk and Uncertainty, 65, 185-213
In a series of experiments, we provide evidence that people pay special attention to the probability of losing. We first analyze this behavior in the typically used one-shot choice tasks. We then extend our analysis to repeated decisions in choice ta
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::f065453a1885ee9e33c0956266bf92b2
https://doi.org/10.1007/s11166-022-09391-y
https://doi.org/10.1007/s11166-022-09391-y
Autor:
Oliver Rehbein, Steven Ongena
Publikováno v:
Journal of Financial and Quantitative Analysis
This article demonstrates that low bank capital carries a negative externality because it amplifies local shock spillovers. We exploit a natural disaster that is transmitted to firms in nondisaster areas via their banks. Firms connected to a strongly
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::ecfd30199e7cf0902ac10ed719dd5a28
https://research.wu.ac.at/de/publications/065980a7-4ef3-4deb-aad4-d40d2aebb2fe
https://research.wu.ac.at/de/publications/065980a7-4ef3-4deb-aad4-d40d2aebb2fe
https://ssrn.com/abstract=3202916; We show that banker bonuses cannot be understood exclusively as incentive contracts, but also incorporate a significant risk sharing dimension between bank shareholders and bank employees. This contrasts with the co
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::2fa778c6267892585e5f19f903e456d2
https://doi.org/10.5167/uzh-234465
https://doi.org/10.5167/uzh-234465
Publikováno v:
Journal of Risk and Uncertainty. 63:81-102
When confronted with new information, rational decision makers should update their beliefs through Bayes’ rule. In economics, however, new information often includes win-loss feedback (profits vs. losses, success vs. failure, upticks vs. downticks)
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::1f5d1883808e072de8bcfa428edd6276
https://doi.org/10.1007/s11166-021-09358-5
https://doi.org/10.1007/s11166-021-09358-5
Publikováno v:
The Review of Financial Studies
The Review of Financial Studies, 34(5), 2448-2507. Oxford University Press
Review of Financial Studies, 34(5), 2448-2507. Oxford University Press
The Review of Financial Studies, 34(5), 2448-2507. Oxford University Press
Review of Financial Studies, 34(5), 2448-2507. Oxford University Press
Economic theories posit conflicting hypotheses on how wealth inequality affects entrepre-neurial dynamism. We investigate the impact of wealth inequality on business dynamics by constructing local measures of household wealth inequality based on fina
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::8eb8f2b75998944098185f0b44c99f0e
https://doi.org/10.1093/rfs/hhaa097
https://doi.org/10.1093/rfs/hhaa097
Publikováno v:
The Journal of Technology Transfer
The literature on the economics of science and technology shows that academic universities—institutions focusing on basic research—positively affect innovation activities in regional economies. Less is known about the innovation effects of univer
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::6c420d7eb705bc38d4f1e9a862d43a55
https://doi.org/10.1007/s10961-020-09839-w
https://doi.org/10.1007/s10961-020-09839-w
Publikováno v:
Kolaric, S, Kiesel, F & Ongena, S 2021, ' Market discipline through credit ratings and too-big-to-fail in banking ', Journal of Money, Credit and Banking, vol. 53, no. 2-3, pp. 367-400 . https://doi.org/10.1111/jmcb.12789
Journal of Money, Credit and Banking
Journal of Money, Credit and Banking
Do credit ratings help enforce market discipline on banks? Analyzing a uniquely comprehensive data set consisting of 1,081 rating change announcements for 154 international financial institutions between January 2004 and December 2015, we find that r
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::75ff92b8e6e290ba95f134cdcf38ac42
https://doi.org/10.1111/jmcb.12789
https://doi.org/10.1111/jmcb.12789