Zobrazeno 1 - 10
of 67
pro vyhledávání: '"Walter Novaes"'
Publikováno v:
EconomiA, Vol 22, Iss 1, Pp 19-37 (2021)
In third generation currency crises models, balance sheet losses from currency depreciations propagate the crises into the real sector of the economy. To test these models, we built a firm-level database that allowed us to measure currency mismatches
Externí odkaz:
https://doaj.org/article/b8cef4df21ad480db9bc24c101aa24fa
Publikováno v:
EconomiA, Vol 20, Iss 3, Pp 139-152 (2019)
Since the mid 1990s, theories of speculative attacks have argued that fixed exchange rate regimes induce excessive borrowing in foreign currency as an optimal response to implicit guarantees that the government will not devalue the domestic currency.
Externí odkaz:
https://doaj.org/article/33ccb51691eb4184b1f18cf5e35e66f0
Autor:
Theo Cotrim Martins, Walter Novaes
Publikováno v:
Journal of Corporate Finance. 18:953-967
What are the costs and benefits of mandatory dividend rules? On the one hand, they make it harder for controlling shareholders to divert corporate assets. On the other hand, they reduce the internal funds available for firms to invest, possibly leadi
Publikováno v:
Journal of Corporate Finance. 16:456-468
One dimension of competition among stock exchanges is the quality of products they have to offer. In order to attract listings and trading volume, exchanges can affect the quality of their listed firms by altering their standards for firm disclosure
Autor:
Walter Novaes
Publikováno v:
Repositório Institucional do FGV (FGV Repositório Digital)
Fundação Getulio Vargas (FGV)
instacron:FGV
Fundação Getulio Vargas (FGV)
instacron:FGV
In the free-cash-flow theory, shareholders use debt to discipline managers and maximize firm value. In contrast, managerial models assume that, without a takeover threat, managers will not lever up to constrain themselves. This article demonstrates t
Publikováno v:
Journal of Business. 74(1):79-100
In this article, we examine the potential for external conflicts in large, diversified business groups. On the one hand, these highly visible groups facilitate the detection of opportunistic actions. Accordingly, reputational concerns should effectiv
Publikováno v:
Journal of Development Economics. 47:135-154
This article explains why the existence of state-owned financial institutions makes it more difficult for a country to balance its budget. We show that states can use their financial institutions to transfer their deficits to the federal government.
Publikováno v:
Biblioteca Digital de Teses e Dissertações da PUC_SPPontifícia Universidade Católica de São PauloPUC_SP.
Made available in DSpace on 2016-04-26T18:11:02Z (GMT). No. of bitstreams: 1 Walter Novaes de Oliveira Filho.pdf: 1338634 bytes, checksum: b6bfc1b4b5f20da38e55d9d0987f6c22 (MD5) Previous issue date: 2011-06-10
Coordenação de Aperfeiçoamento d
Coordenação de Aperfeiçoamento d
Externí odkaz:
https://tede2.pucsp.br/handle/handle/4308
Autor:
Walter Novaes
Publikováno v:
Revista Brasileira de Economia v.62 n.4 2008
Revista Brasileira de Economia
Fundação Getulio Vargas (FGV)
instacron:FGV
Revista Brasileira de Economia, Vol 62, Iss 4, Pp 467-495 (2008)
Revista Brasileira de Economia, Volume: 62, Issue: 4, Pages: 467-495, Published: DEC 2008
Revista Brasileira de Economia
Fundação Getulio Vargas (FGV)
instacron:FGV
Revista Brasileira de Economia, Vol 62, Iss 4, Pp 467-495 (2008)
Revista Brasileira de Economia, Volume: 62, Issue: 4, Pages: 467-495, Published: DEC 2008
Como em várias outras atividades, a pesquisa em Economia internaliza um conflito entre qualidade e quantidade. Para avaliar tal conflito, este artigo documenta as publicações de 94 pesquisadores do CNPq e 1.209 pesquisadores de 54 centros american
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::dd4c09ca4d9072ff397061b9b8c58d0f
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402008000400005
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402008000400005
Publikováno v:
EconomiA, Vol 22, Iss 1, Pp 19-37 (2021)
"Third-generation currency crises models" argue that capital losses from exchange-rate depreciation propagate the crises to the productive sector. To test these models, we use a firm-level dataset that allows us to measure currency mismatches around
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::f51ca04a3319143e5f670b40b359b002
http://www.bcb.gov.br/pec/wps/ingl/wps162.pdf
http://www.bcb.gov.br/pec/wps/ingl/wps162.pdf