risky projects
Do Risky Microfinance Borrowers Really Invest in Risky Projects? Experimental Evidence from Bolivia.
... the risky-versus-safe projects framework to demonstrate the potentially advantageous self-selection properties of group lending and its ability to screen borrowers with risky projects from a ...
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Measuring Investment Distortions when Risk-Averse Managers Decide Whether to Undertake Risky Projects
... To facilitate understanding of these various effects, we decompose the incremental rates of return and indifference NPVs by factor in Rows 33-37 and Rows 39-43 of Tables II through IV. In Rows 36 and 42, we present the ...
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How to use demand systems to evaluate risky projects, with an application to automobile production
... investment projects with risky cash flows is to consider profits under the different realizations of risk factors and weigh these realizations according to their ...
35
A Note on Corporate Taxation, Limited Liability and Asymmetric Information
... Becker and Fuest (forthcoming) turns to asymmetric information to ad- dress the issue. The authors present a simple model and proceed step by step to achieve their goal. They consider an environment where entrepre- neurs ...
9
Outside and Inside Liquidity
... entire risky investment whenever they sell ...a risky project is ...each risky project has at most one SR owner, who is the only agent that observes the state of the risky project in period ...
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Essays on Macroeconomics and International Finance
... Because the supply of the risky projects in period 1 in the bad state is higher in the periphery for a given value of safe return R D , the supply of safe debt in period 0 by bankers is [r] ...
216
Financially Interlinked Business Groups
... safe projects with positive net surplus from the market as in Stiglitz and Weiss (1981) rather than the form of inefficiency we focus on ...(i.e., risky projects with negative net surplus receiving ...
37
Agency Cost of Debt and Lending Market Competition: Is there a Relationship?
... Hence, our present analysis does not lend support to the commonly held view that there would be a trade-off between more intense lending market competition and higher agency costs of debt finance as has been argued for ...
24
A Model of Shadow Banking
... One might ask how this mechanism differs from the more basic proposition that banks often finance risky projects, such as mortgages, and occasionally face huge losses when such financing turns sour. After ...
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Basel II and the Value of Bank Differentiation
... Since this paper focuses on the consequences of the two-layer approach of Basel II and the possible differentiation that it affords, our analysis clearly neglects important aspects of Basel II: Improved screening ...
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A REINTERPRETATION OF PRINCIPAL COMPONENT ANALYSIS CONNECTED WITH LINEAR MANIFOLDS IDENTIFYING RISKY ASSETS OF A PORTFOLIO
... A risky asset is a random quantity for an investor because he does not know the true value of ...a risky asset is characterized by n possible and distinct monetary ...a risky asset ...m risky ...
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PP: Construction - A Risky Business
... Achieving an optimum outcome from a construction contract requires a robust and trusting relationship between the client and the contractor. Whilst developing and maintaining this type of relationship requires a ...
18
Risky play in kindergarten.
... Den samme forskningen som Breivik (2001, s. 25-26) viser til i forhold til motorisk utvikling av barn i den åpne barnehagen, viser også at barna i samme barnehage fikk en bedre psykoso[r] ...
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The risk taking channel of monetary policy in the USA: Evidence from micro level data
... There is also a recent empirical literature, using either aggregate data on bank risk or bank- level data, for countries other than the USA, which generally verifies the presence of a risk-taking channel. Jiménez et al. ...
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Risky Sexual Behavior and Associated Factors Among Adolescent Students in Tana Haik High School, Bahir Dar, Northern Ethiopia
... the risky sexual behavior of school adolescents and responsible factors influencing their risky sexual behavior practices in Tana Haik Secondary and Preparatory School, Bahir Dar, Northern Ethiopia, ...
7
Optimal International Asset Allocation and Home Bias
... Some idea of the ßuctuations in the portfolio frontiers facing UK and US investors can be obtained from Figures 3 and 4. Figure 3 shows for each country the frontier based on the long-run covariance matrix and the mean ...
29
Improving the portfolio insurance strategy of Binck Bank : a quantitative analysis of (dynamic) multipliers
... as risky asset and a combination of 40% Bloomberg Barclays Euro Corporate Bonds 1-5 years and 60% Bloomberg Barclays Euro Aggregate Treasury 3-5 Year as risk-free ...as risky asset is the S&P 500 index, ...
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Living near the edge: how extreme outcomes and their neighbours drive risky choice
... The two sets of experiments presented here used novel sets of outcomes to systematically test whether it is the distinctiveness of extreme outcomes due to low frequency (Exp. 1) or the distance from neighbouring outcomes ...
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Living near the edge : how extreme outcome and their neighbours drive risky choice
... font, or even create a unique or bizarre image (Hunt & Worthen, 2006). In previous studies of extreme outcomes in risky choice, the extreme outcomes have typically had two properties that could mark them as ...
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Static Portfolio Choice under Cumulative Prospect Theory
... Some research has already been done on optimal investment under Cumulative Prospect Theory (CPT). Most of the previous work takes place in a dynamic set- ting or when no probability distortion exists. The optimal ...
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