منابع مشابه
Financing Durable Assets
This paper studies the financing of durable assets in a model with collateral constraints due to limited enforcement. Durability affects the ease of financing: we show that more durable assets require larger down payments of internal funds per unit of capital making them harder to finance, because durability raises the price of an asset and hence the overall financing need more than its collate...
متن کاملThe Association between Household Consumer Durable Assets and Maternal Health-Seeking Behaviour in Ghana
This paper examined the association between household consumer durable assets and maternal health seeking behaviour. Several studies suggest that there is a relationship between households’ socioeconomic status (SES) and health outcomes. However, SES is a multidimensional concept with other variables that encompass variables such as wealth, education and income. By lumping these variables toget...
متن کاملDynamics of Aggregate Purchases of an Illiquid Durable Good with Risky Assets and Heterogeneous Agents
This paper studies a model in which agents, identical in preferences and heterogeneous in initial endowments, derive utility from a service ‡ow of a durable good and a consumption ‡ow of a nondurable good. In order to change levels of durable good stock, an agent must pay a ...xed transaction cost. The ...xed cost implies an inaction region where agents do not adjust their levels of the durable...
متن کاملJapanese investment in Australian coal assets through the demise of concessional financing
The Australian coal industry has been described as being a perpetual case of ‘profitless prosperity’. This implies that foreign companies invest in low-margin mining activities with motives other than profit. It is argued that foreign investors and Japanese trading companies in particular used government investment concessions and subsidies to help create oversupply in the seaborne coal market....
متن کاملIntangible Assets
Intangible assets are a very economically significant asset class yet are largely excluded by accounting conventions from corporate balance sheets. Ownership (or control) of intangible assets can allow firms to differentiate their offerings to customers and establish some degree of competitive advantage. However, intangibles do not, apart from a few cases of licensing, generate value on their o...
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: 2015
ISSN: 1556-5068
DOI: 10.2139/ssrn.2640833