Coping with Financial Crises: Latin American Answers to European Questions
نویسندگان
چکیده
منابع مشابه
Cash Holdings and Firm Value during Latin American Financial Crises
We investigate the determinants of cash holdings and firm value of Latin American firms during the Mexican crisis of 1994-1995 and the Brazilian crisis of 1999. We find that each crisis alters the determinants of cash and firm value differently. Larger firms increase their cash holdings during the Mexican crisis, while cross-listed firms increase their holdings of cash during the Brazilian cris...
متن کاملAppendix to "Financial Crises and Political Crises"
PBE Type i: Neither default nor political crisis If V ≤ χL, the costs of default are always larger than the costs of servicing the debt even for the benevolent government. Then in equilibrium, the government proposes to service the debt, which is accepted by the representative agent. Hence the debt is repaid and political crisis is avoided. Neither the benevolent government nor the self interes...
متن کاملFinancial Crises and Political Crises∗
The simultaneous determination of financial default and political crises is studied in an open economy model. Political crises accompany default in equilibrium because of an information transmission conflict between the government and the public. Multiple equilibria are possible: if foreign lenders are pessimistic about the country’s stability, they demand a high interest on the debt, exacerbat...
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This paper describes an initial evaluation of systems that answer questions seeking definitions. The results suggest that humans agree sufficiently as to what the basic concepts that should be included in the definition of a particular subject are to permit the computation of concept recall. Computing concept precision is more problematic, however. Using the length in characters of a definition...
متن کاملFinding Answers to Definition Questions
Current researches on Question Answering concern more complex questions than factoid ones. Since definition questions are investigated by many researches, how to acquire accurate answers still becomes a core problem for definition QA. Although some systems use web knowledge bases to improve answer acquisition, we propose an approach that leverage them in an effective way. After summarizing defi...
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ژورنال
عنوان ژورنال: Revue internationale de politique de développement
سال: 2013
ISSN: 1663-9383,1663-9391
DOI: 10.4000/poldev.1252