Exhuming Q

Exhuming Q PDF Author: Russell W. Cooper
Publisher:
ISBN:
Category : Capital investments
Languages : en
Pages : 40

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Book Description
Evidence of the statistical significance of profits in Q regressions remains one of the principal findings in the empirical investment literature. This result is frequently taken to support the view that capital market imperfections are an important element for understanding investment. This paper challenges that conclusion. We argue that allowing the profit function at the firm level to be strictly concave, reflecting, for example, market power, is sucent to replicate the Q theory based regression results in which profits are a significant factor determining investment. To be clear, our ability to replicate the existing results does not require the specification of any capital market imperfections. Thus the friction that explains the statistical significance of profits could be market power by sellers rather than capital market imperfections.

Exhuming Q

Exhuming Q PDF Author: Russell W. Cooper
Publisher:
ISBN:
Category : Capital investments
Languages : en
Pages : 40

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Book Description
Evidence of the statistical significance of profits in Q regressions remains one of the principal findings in the empirical investment literature. This result is frequently taken to support the view that capital market imperfections are an important element for understanding investment. This paper challenges that conclusion. We argue that allowing the profit function at the firm level to be strictly concave, reflecting, for example, market power, is sucent to replicate the Q theory based regression results in which profits are a significant factor determining investment. To be clear, our ability to replicate the existing results does not require the specification of any capital market imperfections. Thus the friction that explains the statistical significance of profits could be market power by sellers rather than capital market imperfections.

Exhuming Loss

Exhuming Loss PDF Author: Layla Renshaw
Publisher: Routledge
ISBN: 1315428687
Category : History
Languages : en
Pages : 260

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Book Description
This book examines the contested representations of those murdered during the Spanish Civil War of the 1930s in two small rural communities as they undergo the experience of exhumation, identification, and reburial from nearby mass graves. Based on interviews with relatives of the dead, community members and forensic archaeologists, it pays close attention to the role of excavated objects and images in breaking the pact of silence that surrounded the memory of these painful events for decades afterward. It also assesses the significance of archaeological and forensic practices in changing relationships between the living and dead. The exposure of graves has opened up a discursive space in Spanish society for multiple representations to be made of the war dead and of Spain’s traumatic past.

Exhuming Franco

Exhuming Franco PDF Author: Sebastiaan Faber
Publisher: Vanderbilt University Press
ISBN: 0826501745
Category : History
Languages : en
Pages : 288

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Book Description
Through dozens of interviews, intensive reporting, and deep research and analysis, Sebastiaan Faber sets out to understand what remains of Francisco Franco's legacy in Spain today. Faber's work is grounded in heavy scholarship, but the book is an engaging, accessible introduction to a national conversation about fascism. Spurred by the disinterment of the dictator in 2019, Faber finds that Spain is still deeply affected—and divided—by the dictatorial legacies of Francoism. This new edition, with additional interviews and a new introduction, illuminates the dangers of the rise of right-wing nationalist revisionism by using Spain as a case study for how nations face, or don't face, difficult questions about their past.

A Reader in International Corporate Finance

A Reader in International Corporate Finance PDF Author: Stijn Claessens
Publisher: World Bank Publications
ISBN: 0821367013
Category : Business & Economics
Languages : en
Pages : 472

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Book Description
"A Reader in International Corporate Finance offers an overview of current thinking on six topics: law and finance, corporate governance, banking, capital markets, capital structure and financing constraints, and the political economy of finance. This collection of 23 of the most influential articles published in the period 2000-2006 reflects two new trends: interest in international aspects of corporate finance, particularly specific to emerging markets, awareness of the importance of institutions in explaining global differences in corporate finance. ""In the last decade, financial economists have increasingly focused on the role of laws and institutions in explaining differences in financial development across countries. This collection will be of great use to readers interested in the emerging new paradigm in corporate governance."" Andrei Shleifer, Harvard University ""Anybody seeking to understand corporate finance and corporate governance must read the papers in this book and the literature they have spawned. The financing of firms is based on contracts and the enforcement of those contracts. Without comparing firms under different contractual systems, therefore, it is impossible to grasp fully the key factors shaping the financing and behavior of firms."" Ross Levine, Brown University ""This reader describes how law, property rights, and corporate governance contribute to financial development, as well as how private interest groups can block or support financial reform, and thereby shape the financial development of countries. It is a must read for any student of finance."" Raghuram Rajan, International Monetary Fund"

Exhuming Violent Histories

Exhuming Violent Histories PDF Author: Nicole Iturriaga
Publisher: Columbia University Press
ISBN: 0231553943
Category : Social Science
Languages : en
Pages : 295

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Book Description
Winner, 2023 Charles Tilly Distinguished Contribution to Scholarship Book Award, Collective Behavior and Social Movements Section, American Sociological Association Honorable Mention, 2023 Peace, War, and Social Conflict Section Outstanding Book Award, Peace, War, and Social Conflict Section, American Sociological Association Many years after the fall of Franco’s regime, Spanish human rights activists have turned to new methods to keep the memory of state terror alive. By excavating mass graves, exhuming remains, and employing forensic analysis and DNA testing, they seek to provide direct evidence of repression and break through the silence about the dictatorship’s atrocities that persisted well into Spain’s transition to democracy. Nicole Iturriaga offers an ethnographic examination of how Spanish human rights activists use forensic methods to challenge dominant histories, reshape collective memory, and create new forms of transitional justice. She argues that by grounding their claims in science, activists can present themselves as credible and impartial, helping them intervene in fraught public disputes about the remembrance of the past. The perceived legitimacy and authenticity of scientific techniques allows their users to contest the state’s historical claims and offer new narratives of violence in pursuit of long-delayed justice. Iturriaga draws on interviews with technicians and forensics experts and provides a detailed case study of Spain’s best-known forensic human rights organization, the Association for the Recovery of Historical Memory. She also considers how the tools and tactics used in Spain can be adopted by human rights and civil society groups pursuing transitional justice in other parts of the world. An ethnographically rich account, Exhuming Violent Histories sheds new light on how science and technology intersect with human rights and collective memory.

Firms' Investment and Finance Decisions

Firms' Investment and Finance Decisions PDF Author: Paul Butzen
Publisher: Edward Elgar Publishing
ISBN: 9781781956335
Category : Business & Economics
Languages : en
Pages : 354

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Book Description
This book provides coherent theoretical and empirical analysis of firms’ investment and financing decisions. It assesses the role of uncertainty, financial imperfections, corporate governance and taxation. Evidence is obtained using several unique and high quality microeconomic data-sets, which explore features seldom addressed.

Dynamic Economics

Dynamic Economics PDF Author: Jerome Adda
Publisher: MIT Press
ISBN: 9780262012010
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
An integrated approach to the empirical application of dynamic optimization programming models, for students and researchers. This book is an effective, concise text for students and researchers that combines the tools of dynamic programming with numerical techniques and simulation-based econometric methods. Doing so, it bridges the traditional gap between theoretical and empirical research and offers an integrated framework for studying applied problems in macroeconomics and microeconomics. In part I the authors first review the formal theory of dynamic optimization; they then present the numerical tools and econometric techniques necessary to evaluate the theoretical models. In language accessible to a reader with a limited background in econometrics, they explain most of the methods used in applied dynamic research today, from the estimation of probability in a coin flip to a complicated nonlinear stochastic structural model. These econometric techniques provide the final link between the dynamic programming problem and data. Part II is devoted to the application of dynamic programming to specific areas of applied economics, including the study of business cycles, consumption, and investment behavior. In each instance the authors present the specific optimization problem as a dynamic programming problem, characterize the optimal policy functions, estimate the parameters, and use models for policy evaluation. The original contribution of Dynamic Economics: Quantitative Methods and Applications lies in the integrated approach to the empirical application of dynamic optimization programming models. This integration shows that empirical applications actually complement the underlying theory of optimization, while dynamic programming problems provide needed structure for estimation and policy evaluation.

Channel Flow, Ductile Extrusion and Exhumation in Continental Collision Zones

Channel Flow, Ductile Extrusion and Exhumation in Continental Collision Zones PDF Author: Richard D. Law
Publisher: Geological Society of London
ISBN: 9781862392090
Category : Science
Languages : en
Pages : 638

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Book Description
This volume includes sections on: Evolution of ideas on channel flow and ductile extrusion in the Himalaya-Tibetan Plateau system; Modeling channel flow and ductile extrusion processes; Geological constraints on channel flow and ductile extrusion as an important orogenic process in the Himalaya-Tibetan Plateau, the Hellenides and Appalachians, and the Canadian Cordillera.

Fundamental Tax Reform

Fundamental Tax Reform PDF Author: John W. Diamond
Publisher: MIT Press
ISBN: 0262042479
Category : Business & Economics
Languages : en
Pages : 567

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Book Description
Papers presented at a conference held at the James A. Baker III Institute for Public Policy at Rice University, in Apr. 2006.

Supreme Court, New York County

Supreme Court, New York County  PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 1364

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Book Description