A perpetual youth overlapping generations model is presented in which the presence of financial frictions can create the crowd-in effect of asset bubbles that promotes capital accumulation. The existence of asset bubbles increases the equilibrium interest rate. Although the increased interest rate excludes less productive agents from production activity, these agents benefit from the liquidity ...

The relation between a firm’s stock return and its intangible investment ratio and asset tangibility is derived under the intangible-asset-augemnted (IAA) q-theory framework. Using firm level data and the Generalized Method of Moments (GMM), we estimate the model and three main results emerge. First, the IAA q-theory captures the value premium and the relation between R&D intensity and stock re...

BACKGROUND Universal health coverage is high on national health agendas of many countries at the moment. Absence of financial hardship is a key component of universal health coverage and should be monitored regularly. However, relevant household survey data, which is traditionally needed for this analysis is not frequently collected in most countries and in some countries, has not been collecte...

many researches have depicted there is no significant and positive correlation between it and firm level performance, called productivity paradox, so as successful investment on it depends on taking into account the role of complementary assets such as business processes and organizational infrastructures. on the other hand, since there are not enough resources to invest on all these assets, th...

Penelitian ini bertujuan untuk mengukur pengaruh strategi pembelajaran tadzkirah terhadap hasil belajar fiqh, sikap religius dan interaksi antara fiqh. Metode penelitian eksperimen rancangan Quasi teknik dalam data analisis menggunakan ANAVA dua arah dengan siginifikasi α 0,05. Populasi dari seluruh siswa XII tahun ajaran 2022/2023 berjumlah 142 di MA MUQ Langsa, sampel sejumlah 40 orang Cluste...

this paper studies the technical efficiency of 12 branches of saman bank over the period 1387-88, relating it to the composition of staff by sex, the ratio of fixed assets to total assets, the age of the branches and the geographic ranking in development indicators of the city where the branch is located in. data envelopment analysis is used to determine the efficiency of branches. the average ...