Anzeige der Dokumente 1004-1023 von 1145

    • Taking the Lead: When Non-Banks Arrange Syndicated Loans 

      Grupp, Marcel (2015-04-01)
      In the mid-1990s, institutional investors entered the syndicated loan market and started to serve borrowers as lead arrangers. Why are non-banks able to compete for this role against banks? How do the composition of ...
    • Taming Models of Prospect Theory in the Wild? Estimation of Vlcek and Hens (2011) 

      Jakusch, Sven Thorsten; Meyer, Steffen; Hackethal, Andreas (2016-02-01)
      Shortcomings revealed by experimental and theoretical researchers such as Allais (1953), Rabin (2000) and Rabin and Thaler (2001) that put the classical expected utility paradigm von Neumann and Morgenstern (1947) into ...
    • TAQ 

      Unbekannter Autor
      NYSE Trade and Quote (TAQ) database contains intraday transactions data (trades and quotes) for all securities listed on the New York Stock Exchange (NYSE) and American Stock Exchange (AMEX), as well as Nasdaq National ...
    • Taring All Investors with the Same Brush? Evidence for Heterogeneity in Individual Preferences from a Maximum Likelihood Approach 

      Hackethal, Andreas; Jakusch, Sven Thorsten; Meyer, Steffen (2015-05-19)
      Abstract. Microeconomic modeling of investors behavior in financial markets and its results crucially depends on assumptions about the mathematical shape of the underlying preference functions as well as their parameterizations. ...
    • TARP 

      Unbekannter Autor
      The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase toxic assets and equity from financial institutions to strengthen its financial sector that was passed by Congress and signed ...
    • TASS 

      Unbekannter Autor
      Quantitative performance data on over 7,500 actively reporting Hedge funds and Funds of Hedge Funds. Performance data on over 11,000 graveyard funds that have liquidated or stopped reporting. Available through WRDS. ...
    • Technology Trade with Asymmetric Tax Regimes and Heterogeneous Labor Markets: Implications for Macro Quantities and Asset Prices 

      Curatola, Giuliano; Donadelli, Michael; Grüning, Patrick (2017-10-05)
      The international diffusion of technology plays a key role in stimulating global growth and explaining co-movements of international equity returns. Existing empirical evidence suggests that countries are heterogeneous in ...
    • TED 

      Unbekannter Autor
      TED is a nonprofit devoted to spreading ideas, usually in the form of short, powerful talks (18 minutes or less). TED began in 1984 as a conference where Technology, Entertainment and Design converged, and today covers ...
    • Telematics 

      Unbekannter Autor
      Telematics is an interdisciplinary field that encompasses telecommunications, vehicular technologies, for instance, road transport, road safety, electrical engineering (sensors, instrumentation, wireless communications, ...
    • Temperature Shocks and Welfare Costs 

      Donadelli, Michael; Jüppner, Marcus; Riedel, Max; Schlag, Christian (2018-01-22)
      This paper examines the welfare implications of rising temperatures. Using a standard VAR, we empirically show that a temperature shock has a sizable, negative and statistically significant impact on TFP, output, and labor ...
    • TFN 

      Unbekannter Autor
      The TFN Insider Filing Data Files contain the following information: ? The company name and CUSIP. The transaction date and the reporting date (SEC receipt date). The transaction code (purchase or sale), the number of ...
    • TFP_Fernald 

      Unbekannter Autor
      This paper describes a real-time, quarterly growth-accounting database for the U.S. business sector. The data on inputs, including capital, are used to produce a quarterly series on total factor productivity (TFP). In ...
    • The Anatomy of the Euro Area Interest Rate Swap Market 

      Fontana, Silvia Dalla; Holz auf der Heide, Marco; Pelizzon, Loriana; Scheicher, Martin (2019-06-01)
      "Using a novel regulatory dataset of fully identified derivatives transactions, this paper provides the first comprehensive analysis of the structure of the euro area interest rate swap (IRS) market after the start of the ...
    • The Bank Association of Turkey 

      Unbekannter Autor
      The Banks Association of Turkey was founded in 1958. It is a professional organization, which is a legal entity with the status of a public institution, established pursuant to Article 79 of the Banks Act. The head office ...
    • The carrot and the stick: Bank bailouts and the disciplining role of board appointments 

      Mücke, Christian; Pelizzon, Loriana; Pezone, Vincenzo; Thakor, Anjan V. (2021-07-08)
      We empirically examine the Capital Purchase Program (CPP) used by the US government to bail out distressed banks with equity infusions during the Great Recession. We find strong evidence that a feature of the CPP - the ...
    • The Case for a Normatively Charged Approach to Regulating Shadow Banking - Multipolar Regulatory Dialogues as a Means to Detect Tail Risks and Preclude Regulatory Arbitrage 

      Thiemann, Matthias; Tröger, Tobias (2020-02-11)
      This paper contributes to the debate on the adequate regulatory treatment of non-bank financial intermediation (NBFI). It proposes an avenue for regulators to keep regulatory arbitrage under control and preserve sufficient ...
    • The Collateralizability Premium 

      Ai, Hengjie; Li, Jun E.; Li, Kai; Schlag, Christian (2019-10-09)
      A common prediction of macroeconomic models of credit market frictions is that the tightness of financial constraints is countercyclical. As a result, theory implies a negative collateralizability premium, that is, capital ...
    • The COVID-19 Shock and Equity Shortfall: Firm-Level Evidence from Ital 

      Carletti, Elena; Oliviero, Tommaso; Pagano, Marco; Pelizzon, Loriana; Subrahmanyam, Marti G. (2020-10-29)
      We employ a representative sample of 80,972 Italian firms to forecast the drop in profits and the equity shortfall triggered by the COVID-19 lockdown. A 3-month lockdown generates an aggregate yearly drop in profits of ...
    • The Demand for Central Clearing: To Clear or Not to Clear, That is the Question 

      Bellia, Mario; Girardi, Giulio; Panzica, Roberto; Pelizzon, Loriana; Peltonen, Tuomas (2018-06-15)
      This paper is a first attempt at empirically analyzing whether post-crisis regulatory reforms developed by global-standard-setting bodies have created appropriate incentives to centrally clear Over-The-Counter (OTC) ...
    • The Disposition Effect in Boom and Bust Markets 

      Bernard, Sabine; Loos, Benjamin; Weber, Martin (2021-02-05)
      The disposition effect is implicitly assumed to be constant over time. However, drivers of the disposition effect (preferences and beliefs) are rather countercyclical. We use individual investor trading data covering several ...