منابع مشابه
Author's Personal Copy Are the Bankrupt Skies the Friendliest? ☆
Article history: Received 13 August 2010 Received in revised form 12 July 2012 Accepted 17 July 2012 Available online 23 July 2012 We use data from the US airline industry to investigate whether firms that are under bankruptcy protection, as well as these firm's product market rivals, change the quality of the products they offer. We measure the quality of the services offered by a carrier usin...
متن کاملCommentary on "Is the United States Bankrupt?"
Kotlikoff scoffs at the use of government debt or budget deficits as a measure of fiscal solvency because these measures are highly sensitive to the labels one attaches to what the government takes in as revenues and what it pays out to its citizens. A country can run budget surpluses and have no debt and yet be broke. The paper therefore suggests relying on generational accounting to examine t...
متن کاملDynamics of Bankrupt Stocks
In this thesis, we study the behavior of bankrupt stocks. Bankrupt stock is a special case of the Hard-to-Borrow stocks. Besides the general nice feature of the Hard-to-borrow feedback for the buy-in demand, the bankrupt stocks could exclude the diffusive effects. This nice property would modify the Marco Avellaneda and Mike Lipkin’s jump-diffusion model for the Hard-to-Borrow stocks into the p...
متن کاملCloudy Skies
Standard Gaussian-type statistics are not really adequate to describe atmospheric variability; this traditional approach implicitly dismisses fluctuations as "noise" of use only in computing a standard deviation which, together with the mean, presumably varies so little in space and time that one can meaningfully speak of "climatological" values. In geophysics, unfortunately, this approach ofte...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2010
ISSN: 1556-5068
DOI: 10.2139/ssrn.1496519