Academic literature on the topic 'Market to Book Relationship'
Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles
Consult the lists of relevant articles, books, theses, conference reports, and other scholarly sources on the topic 'Market to Book Relationship.'
Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.
You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.
Journal articles on the topic "Market to Book Relationship"
1
Li, Larry, Adela McMurray, and Bo Liu. "The Functionality of Book-to-Market Ratio in Chinese Markets." International Research in Economics and Finance 2, no. 2 (2018): 50. http://dx.doi.org/10.20849/iref.v2i2.514.
Full textAbstract:
We investigate the question whether the book to market ratio acts as a “risk-based” or “mispricing-based” proxy for share price formation in Chinese markets. We find that a strong relationship is observed between the firms’ book to market ratio and stock returns both in current and following years, while we cannot find a steady relationship between market leverage ratio and stock returns. In addition, the findings support the notion that a mispricing-based explanation is more plausible in China due to the speculative features of the Chinese markets.
2
Meero, Abdelrhman Ahmad. "Determinants of Capital Structure in Bahrain Stock Market." International Finance and Banking 3, no. 2 (2016): 177. http://dx.doi.org/10.5296/ifb.v3i2.10351.
Full textAbstract:
The aim of this paper is to examine the determinants of capital structure (profitability, size, risk and growth). The sample is composed of 39 Bahraini firms listed in Bahrain Stock Market. The study covered the period 2011-2015. Correlation and regression analysis have been used to identify the relationship between the capital structure determinants and debt leverages (book leverage and market leverage). Correlation analysis aims to identify this relationship at market level and at sectorial level. Regression analysis objective is to anticipate the models characterizing the relationships between determinants and capital leverages. Results of the analysis shows negative significant relationship between profitability and dependent variables, with more significance relationship with market leverage. This relationship is demonstrated in market level and in insurance and services sectors between profitability and book leverage. When the market leverage is the dependent variable this relationship is valid in market level and in banking, hotels, insurance and services sectors. Positive significant relationship has been found between size and both leverages in market level. Similar result is detected on sectorial level in banking, industrial, investment and services when the dependent variable is book leverage. Size-market leverage relationship is positive and significant also in insurance, investment and services sectors. The relationship risk—book leverage is significant only on sectorial level in Industrial, insurance and investment sectors. In term of market leverage—risk relationship, significant relationship is detected in market level and in investment and services sectors. Regression analysis results present a significant linear model reflecting the relationship between determinants of capital structure and leverages.
3
Riaz, Salman, Yangping Liu, and Sajjad Hussain Khan. "Exploring the Relationship between Market Value and Accounting Numbers of Firms in Pakistan." Asian Journal of Finance & Accounting 7, no. 1 (2015): 230. http://dx.doi.org/10.5296/ajfa.v7i1.7598.
Full textAbstract:
<p>This study examines the relationship between accounting numbers and market prices for the Pakistani cement industry. The study covers a time span of nine years from 2005-2014. We study the influence of book value of share, breakup value of share, earning per share, gearing ratio and dividend to equity ratio on market value of share. After applying different econometric techniques we found that book value of share and earnings per share have statistically significant influence on the market price of share. </p>
4
Badri, Khairul Nizam bin Zainal. "Factors that Promote Reading Culture and Its Impact on Society." JSSH (Jurnal Sains Sosial dan Humaniora) 6, no. 1 (2022): 35. http://dx.doi.org/10.30595/jssh.v6i1.13301.
Full textAbstract:
From time immemorial, books have had a very intimate relationship in human life. Books are considered a symbol of civilization because of their relationship to reading habits. This is because the habit is an effort to develop human potential through the addition of knowledge. Doing research on the book industry is an interesting thing, because its development in line with technology is amazing. For example, today, reading material in the form of audio-books is increasingly gaining the attention of the world community. Nevertheless, books in physical form still have sentimental value in the hearts of readers, and still dominate the world market. Using a library approach through data collection on the website, this study examines the development of the book industry and its relationship with reading culture in Malaysia. In addition, factors that promote reading culture were also identified. In conclusion, efforts to increase the publication of books and cultivate the community with book activities must be continued and support from all parties must be done so that books can be fully utilized by the community.
5
Yunita, Irni, Rina Indiastuti, Ria Ratna Ariawati, and Erie Febrian. "Moderating Impact of Ownership Structure on Relationship of Equity Market Timing with Capital Structure on Companies Listed on Indonesia Stock Exchange." International Journal of Family Business Practices 1, no. 2 (2018): 125. http://dx.doi.org/10.33021/ijfbp.v1i2.641.
Full textAbstract:
<pre>The purpose of this research is to determine the effect of market to book ratio on leverage change with ownership structure as moderating variable. The research sample is 41 companies in Indonesia Stock Exchange which conducted IPO in 2005 - 2010. The analysis period is five years after an IPO. The independent variable is market to book ratio, the dependent variable is leverage change and control variable is tangibility, profit and size. The moderating variables are managerial and institutional ownerships which included as ownership structure. This research is using data panel regression. The results show that companies in Indonesia pursued the equity market timing strategy because there is a positive effect of market to book ratio into equity issue and negative effect of market to book ratio into leverage change. The results also show that institutional ownership structure moderating the equity market timing. However, managerial ownership does not moderating the equity market timing.</pre>
6
Tretiakova, V. V., M. S. Shalneva, and A. S. Lvov. "The Relationship between Capital Structure and Financial Performance of the Company." SHS Web of Conferences 91 (2021): 01002. http://dx.doi.org/10.1051/shsconf/20219101002.
Full textAbstract:
The article examines and analyzes the relationship of key performance indicators (ROA, ROIC, change in market capitalization and price-to-book ratio) and the capital structure of the company based on the pharmaceutical industry in the UK for the 2009-2019 period. The study seeks to provide a practical evidence on the impact of external financing on company’s financial performance and test applicability of the pecking order theory for the chosen companies. The research conducted uses panel data regression and Wald test to determine and analyze the effect of capital structure on the financial indicators of the company performance. The study used a sample of 185 UK companies from the pharmaceutical industry. The result of the research showed that equity has negative effect on price-to-book ratio and ROA and positive effect on change in market capitalization, while long-term debt has a positive relationship with price- to-book ratio and change in market capitalization. In addition, short-term debt has a negative effect on change in market capitalization, ROA and ROIC. The study also provides only partly coincidence of the results with the pecking order theory.
7
Lam, Swee Sum, and William Wee-Lian Ang. "Globalization and Stock Market Returns." Global Economy Journal 6, no. 1 (2006): 1850082. http://dx.doi.org/10.2202/1524-5861.1118.
Full textAbstract:
With increasing globalization, to what extent do stock market returns reflect global or domestic risk factors? We find a significant relationship between stock market returns and the global market risk factor and macroeconomic factors respectively. In particular, global factors offer four times more explanatory power than domestic factors for developed market stock returns. Yet domestic factors are as important as global ones in emerging economies. Our method allows for the proxies of the state variables to be endogenously determined. The relationship between macroeconomy and stock market returns is robust after accounting for the market factor, firm size and book-to-market characteristics.
8
Jianhua, Guo, and Long Huidian. "Investigation of the Linkage among China’s Macroeconomy, Stock Market and Real Estate Market." International Journal of Finance & Banking Studies (2147-4486) 2, no. 2 (2013): 1–7. http://dx.doi.org/10.20525/ijfbs.v2i2.141.
Full textAbstract:
As two important constituents of China’s macro economy, there are a variety of relationships among China’s stock market, real estate market and its macro economy. In order to investigate these relationships, in this paper, especially with the Macroeconomic Boom Index reflecting China’s macro economy, we use cointegration theory and Granger analysis to demonstrate that there are long-term equilibrium relationship and bidirectional causality between the macro economy and the securities business, also between the macro economy and the real estate market, however, this kind of long-term Equilibrium relationship and bidirectional causality appears very weak.
9
Tharavanij, Piyapas. "Optimal Book-Value Debt Ratio." SAGE Open 11, no. 1 (2021): 215824402098578. http://dx.doi.org/10.1177/2158244020985788.
Full textAbstract:
When a firm has a target capital structure, it is usually in a book-value term rather than a market-value one as normally assumed in standard finance textbooks. This article provides a systematic approach to determine the optimal book-value debt ratio. The proposed method balances both the tax benefit of debt and its associated bankruptcy cost and more importantly incorporates the aims to maintain a good credit rating, financial robustness in times of adverse shocks, and financial flexibility to seize good investment opportunities. In terms of methodology, our model incorporates the tax benefit of debt in the form of lower cost of capital, whereas the expected bankruptcy cost is reflected in a higher credit spread. We adjust the Hamada equation to take default risk into account by applying the method suggested by Cohen when adjusting the cost of equity as a debt ratio changes. The model is calibrated to data from the U.S. non-financial firms. It provides predictions concerning the effects of key variables such as profitability and growth. Our model reveals a negative relationship between growth opportunities and market debt ratios but no clear directional relationship with book debt ratios. In addition, our model points to the negative (positive) relationship between profitability and market (book) debt ratio. Interestingly, the two debt ratios move in the opposite directions. These predictions have support from existing empirical literature.
10
Chang, Matthew C., and Chung-Fern Wu. "Who Offers Liquidity on Options Markets when Volatility is High?" Review of Pacific Basin Financial Markets and Policies 15, no. 04 (2012): 1250021. http://dx.doi.org/10.1142/s021909151250021x.
Full textAbstract:
In this paper, we investigate the relationship between volatility of and liquidity provision through the aggregation of high-frequency data on the stock index option markets of Taiwan. Strong evidence shows the different behaviors of liquidity supply for market makers and nonmarket makers. In addition, evidence demonstrates that nonmarket makers are unwilling to offer liquidity on buy-side when option price is high, but the phenomena are not evident for the market makers. Overall, nonmarket makers provide less liquidity when volatility is high. In contrast, market makers provide the same or more liquidity on the limit order book when volatility is high. Therefore, the market makers play more important a role when market is volatile. The policy implication is that professional market makers on option markets are stable forces to offer liquidity when market is volatile, and it is referable for those pure order-driven option markets without market makers (e.g., Korea Exchange, KRX).
Dissertations / Theses on the topic "Market to Book Relationship"
1
Omura, Teruyo. "The relationship between market value and book value for five selected Japanese firms." Thesis, Queensland University of Technology, 2005. https://eprints.qut.edu.au/16150/1/Teruyo_Omura_Thesis.pdf.
Full textAbstract:
Studies of the value relevance of accounting number in capital market research are consistent with the simple view that, in equilibrium, book values are equal to or have some long-term relationship with market values, and that market returns are related to book returns.
This dissertation examines the value relevance of annually-reported book values of net assets, earnings and dividends to the year-end market values of five Japanese firms between 1950 and 2004 (a period of 54 years). Econometric techniques are used to develop dynamic models of the relationship between markets, book values and a number of macro-economic variables. In constructing the models, the focus is to provide an accurate statistical description of the underlying relationships between market and book value. It is expected that such research will add to the body of knowledge on factors that are influential to Japanese stock prices.
The significant findings of the study are as follows: 1) well-specified models of the data generating process for market value based on the information set used to derive the models are log-linear in form. Additive, linear models in untransformed variables are not well-specified and forecast badly out of sample; 2) the book value of net assets has relevance for market value in the five Japanese firms examined, in the long run.
2
Omura, Teruyo. "The relationship between market value and book value for five selected Japanese firms." Queensland University of Technology, 2005. http://eprints.qut.edu.au/16150/.
Full textAbstract:
Studies of the value relevance of accounting number in capital market research are consistent with the simple view that, in equilibrium, book values are equal to or have some long-term relationship with market values, and that market returns are related to book returns. This dissertation examines the value relevance of annually-reported book values of net assets, earnings and dividends to the year-end market values of five Japanese firms between 1950 and 2004 (a period of 54 years). Econometric techniques are used to develop dynamic models of the relationship between markets, book values and a number of macro-economic variables. In constructing the models, the focus is to provide an accurate statistical description of the underlying relationships between market and book value. It is expected that such research will add to the body of knowledge on factors that are influential to Japanese stock prices. The significant findings of the study are as follows: 1) well-specified models of the data generating process for market value based on the information set used to derive the models are log-linear in form. Additive, linear models in untransformed variables are not well-specified and forecast badly out of sample; 2) the book value of net assets has relevance for market value in the five Japanese firms examined, in the long run.
3
Garcia, Oscar. "TARP: Indication of a Potential Target? Evaluating Market to Book Ratios and Their Relationship to TARP." Oberlin College Honors Theses / OhioLINK, 2013. http://rave.ohiolink.edu/etdc/view?acc_num=oberlin1368456033.
Full text
4
Yang, Yue, and Viorica Gonta. "The relationship between volatility of price multiples and volatility of stock prices : A study of the Swedish market from 2003 to 2012." Thesis, Umeå universitet, Handelshögskolan vid Umeå universitet (USBE), 2013. http://urn.kb.se/resolve?urn=urn:nbn:se:umu:diva-72769.
Full textAbstract:
The purpose of our study was to examine the relationship between the volatility of price multiples and the volatility of stock prices in the Swedish market from 2003 to 2012. Our focus was on the price-to-earnings ratio and the price-to-book ratio. Some previous studies showed a link between the price multiples and the volatility of stock prices, this made us question whether there should be a link between the volatility of the price multiples and the volatility of the stock prices. The importance of this subject is accentuated by the financial crisis, as we provide investors with information regarding the movements of price multiples and stock prices. Moreover, we test if the volatility of the price multiples can be used to create a prediction model for the volatility of stock prices. Also we fill the gap in the previous researches as there is no previous literature about this topic. We conducted a quantitative research using statistical tests, such as the correlation test and the linear regression test. For our data sample we chose the Sweden Datastream index. We first calculated the volatility using the GARCH model and then continued with our statistical tests. The results of our tests showed that there is a relationship between the volatility of the price multiples and the volatility of the stock prices in the Swedish market in the past ten years. Our findings show that the correlation coefficients vary across industries and over time in both strength and direction. The second part of our tests is concerned with the linear regression tests, mainly calculating the coefficient of determination. Our results show that the volatility of the price multiples do explain changes in the volatility of stock prices. Thus, the volatility of the P/E ratio and the volatility of the P/B ratio can be used in creating a prediction model for the volatility of stock prices. Nevertheless, we also find that this model is best suited when the economic situation is unstable (i.e. crisis, bad economic outlook) as both the correlation coefficient and the coefficient of determination had the highest values in the last five years, with the peak in 2008.
5
Lagnado, Leonardo Mathiazzi. "Introducing additional factors for the Brazilian market in the fama-french five-factor asset pricing model." reponame:Repositório Institucional do FGV, 2016. http://hdl.handle.net/10438/17047.
Full textAbstract:
Submitted by Leonardo Mathiazzi Lagnado (lagnado@gvmail.br) on 2016-09-09T00:28:36Z
No. of bitstreams: 1
MPFE - Lagnado - Versão Final.pdf: 7778858 bytes, checksum: 16803ed7c2489aa7863aa44717c8719a (MD5)<br>Rejected by Renata de Souza Nascimento (renata.souza@fgv.br), reason: Leonardo, boa tarde
Para que possamos aceitar seu trabalho, deverá realizar algumas alterações conforme as normas da ABNT.
Segue abaixo:
- Na capa: o nome da Escola deve estar em Português.
- Na contra capa e na folha de assinaturas, todas as informações também deverão estar em português; exceto o título.
- Incluir o Resumo em português.
- Retirar a numeração das páginas anteriores à página da Introdução.
Em seguida, realizar uma nova submissão.
Att on 2016-09-09T16:20:32Z (GMT)<br>Submitted by Leonardo Mathiazzi Lagnado (lagnado@gvmail.br) on 2016-09-09T17:19:58Z
No. of bitstreams: 1
MPFE - Lagnado - Versão Final.pdf: 2462733 bytes, checksum: 42b0f77db7736bc5bba5fb9151e9bfe7 (MD5)<br>Rejected by Renata de Souza Nascimento (renata.souza@fgv.br), reason: Leonardo, boa tarde
Retirar EESP que consta ao lado do nome da escola.
O resumo, precisa estar em outra página e não junto com o Abstract.
Por gentileza, alterar novamente e realizar outra submissão.
grata. on 2016-09-09T17:35:09Z (GMT)<br>Submitted by Leonardo Mathiazzi Lagnado (lagnado@gvmail.br) on 2016-09-09T17:49:12Z
No. of bitstreams: 1
MPFE - Lagnado - Versão Final.pdf: 2161653 bytes, checksum: f9a6629a0d197f07ac895a9744a94dbc (MD5)<br>Rejected by Renata de Souza Nascimento (renata.souza@fgv.br), reason: Leonardo,
Verificar as páginas anteriores à Introdução, pois permanecem numeradas.
A numeração a partir da Introdução, está correta. Mas os números devem estar ao lado direito.
Aguardo. on 2016-09-09T17:55:21Z (GMT)<br>Submitted by Leonardo Mathiazzi Lagnado (lagnado@gvmail.br) on 2016-09-09T18:10:05Z
No. of bitstreams: 1
MPFE - Lagnado - Versão Final.pdf: 2179487 bytes, checksum: edf32ad2e01e1bd9e7b9d944d5979f47 (MD5)<br>Rejected by Renata de Souza Nascimento (renata.souza@fgv.br), reason: Leonardo,
A numeração deve estar ao lado direito, conforme informado anteriormente.
Aguardo.
Grata on 2016-09-09T18:17:37Z (GMT)<br>Submitted by Leonardo Mathiazzi Lagnado (lagnado@gvmail.br) on 2016-09-09T18:37:24Z
No. of bitstreams: 1
MPFE - Lagnado - Versão Final.pdf: 2196807 bytes, checksum: 5df765c28e119b9162e7a6ec07a45e4a (MD5)<br>Approved for entry into archive by Renata de Souza Nascimento (renata.souza@fgv.br) on 2016-09-09T18:49:45Z (GMT) No. of bitstreams: 1
MPFE - Lagnado - Versão Final.pdf: 2196807 bytes, checksum: 5df765c28e119b9162e7a6ec07a45e4a (MD5)<br>Made available in DSpace on 2016-09-09T20:03:17Z (GMT). No. of bitstreams: 1
MPFE - Lagnado - Versão Final.pdf: 2196807 bytes, checksum: 5df765c28e119b9162e7a6ec07a45e4a (MD5)
Previous issue date: 2016-08-23<br>This dissertation is aimed at evaluating the risk-return relationship of stocks by incrementing the Fama and French five-factor model (F. FAMA and R. FRENCH, 2015) with two new variables. This was done by creating a six-factor model aimed at capturing the size, value, profitability, investment and governance patterns in average stock returns. An additional seven-factor model was also created by adding a herding factor. Governance and herding were chosen as additional factors because of a hypothesis that they would be relevant in less efficient markets such as Brazil. The evaluation of the two model´s performance versus the traditional five-factor model was performed next, as well as the assessment of relevance of the newly added factors. Testing the six-factor model, it had a similar performance to the five-factor model, and the governance factor proved to be relevant in the Brazilian market. Adding the herding factor weakened the results, although the factor still proved to be relevant in some cases.<br>O objetivo desta dissertação é avaliar a relação risco-retorno de ações incrementando o modelo de cinco fatores de Fama e French (F. FAMA and R. FRENCH, 2015) com duas novas variáveis. Isso foi feito criando um modelo de seis fatores que busca capturar os padrões de tamanho, valor, lucratividade, investimento e governança nos retornos médios de ações. Um modelo adicional de sete fatores também foi criado adicionando um fator para o efeito manada. A governança e o efeito manada foram escolhidos como fatores adicionais por conta da hipótese de que eles seriam relevantes em mercados menos eficientes como o Brasil. A avaliação da performance dos dois modelos contra o modelo tradicional de cinco fatores foi então realizada, bem como a avaliação da relevância dos novos fatores. Testando o modelo de seis fatores, descobrimos que ele tem uma performance semelhante ao de cinco fatores, e o fator de governança mostrou ser relevante no mercado Brasileiro. Adicionando o fator para o efeito manada enfraqueceu os resultados, embora o fator ainda mostrou-se relevante em alguns casos.
6
Service, Bruce Dale. "What Goes Up Must Come Down: The Relationship between the Housing Market Boom and the Subsequent Economic Downturn: Evidence from the MSA Level." Scholarship @ Claremont, 2017. http://scholarship.claremont.edu/cmc_theses/1502.
Full textAbstract:
Using MSA level data, the paper shows, that geographic areas which experienced the largest housing bubble generally suffered a more serious subsequent economic downturn. More specifically, the paper establishes that MSAs with larger declines in housing permits had larger increases in unemployment. There also appears to be strong evidence of a correlation between the magnitude of a housing boom and the timing of the decline in housing permits. MSAs which experienced larger real housing inflation offered early indications of the subsequent Great Recession.
7
Creswell, Philip N. "Market microstructure : the automated order book." Thesis, University of Edinburgh, 2004. http://hdl.handle.net/1842/24500.
Full textAbstract:
This thesis examines the efficiency and implications of the market microstructure provided by the London Stock Exchange (LSE), extending the framework of O’Hara (1995), Parlour (1998) and Madhavan (2000) to accommodate the idiosyncrasies of the Stock Exchange Trading System (SETS) and the Stock Exchange Automated Quotation System (SEAQ). First, we offer a comparison of the two trading platforms using the methodology of Haung and Stoll (1996) and Venkataraman (2001) to show that the SETS order book is a more efficient platform, although it has a limited ability to cope with large orders. We compare the results with those from other exchanges described in Biais <i>et al </i>(1995) and De Jong <i>et al (1995).</i> We then give a detailed analysis of the SETS order book, the aggregate behaviour of traders, and a look at an investor’s order choice between aggressive market orders and passive limit orders. Building on theories described in Glosten (1992), Keim and Madhavan (1995), Harris and Hasbrouk (1996), Griffiths <i>et al </i>(2000) and Grinblatt and Keloharju (2001) we ask such questions as, when and in what way does the spread and depth vary? How do market conditions affect the choice of orders and vice versa? And how do the official order book market and the unofficial dealer market coexist? We analyse the aggressiveness of orders sent to SETS, as Beber and Caglio (2003) and Ellul <i>et al </i>(2003) do for the NYSE, and explain how spread, depth and asymmetry of depth affect the choice between limit orders and market orders. We find that, as the market moves from a bull phase to a bear phase, overall order activity ‘increases, the proportion of trading going through the order book increases, the quoted spread seems unaffected but the asymmetry of depth increases. We also find that daytime returns are higher during the bear market, due to the speculative nature of the continuous market (compared to the actions of the off market traders and the price set during the opening call auction). We differentiate between the behaviour of sellers and buyers; buyers are more heterogenous, and their decisions are more reliant on the time of day and market conditions. Finally we differentiate investors by trading volume and show that while medium sized traders conform to modern theory, larger traders use aggressive orders to manipulate the market and hide information, and small traders pay little attention to the method of execution.
8
Bergqvist, Gabriel, and Aristizábal Diego Fernando Botero. "E-book market adoption in Sweden." Thesis, Blekinge Tekniska Högskola, Institutionen för industriell ekonomi, 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:bth-16717.
Full textAbstract:
The purpose of this thesis is to contribute to the knowledge about why customers select e-books, paper books or audiobooks, and what differences exist for different customer groups. Considering that publishing is a really old business, well established hundreds of years before the internet, it is not surprising that disruptive new concepts as e-books, audiobooks and the internet require the companies to change their way of doing and looking upon business. Organisations need to alter their dominant logic in an appropriate way in order to be able to compete with newcomers that are not attached to an “old” dominant logic. Even though Swedish people are tech-savvy, the e-book market account for a very small proportion compared to the total book market. One important reason for the low proportion of e-books and digital audiobooks is that it is a relatively new market. It takes time for a new market to expand. Another reason is that many companies believe that profitability is too low. The fact that e-books and audiobooks have to pay 25 percent in VAT while the VAT on paper books is 6 percent doesn’t help. The impact of eBooks and audiobooks on the book market is related to the ease or difficulty of potential readers to utilise the available technical aids. This question has been analysed in the context of three partially overlapping theories about the individual's adoption of new technology. They are Technology Acceptance Model (TAM), the United Theory of Acceptance and Use of Technology (UTAUT) and Intrinsic and Extrinsic Motivation Theory. Furthermore, some theories for understanding of individuals' adoption of technical innovations in the book market are used. These are the Adoption-Diffusion Theory and the Innovation-Decision process. In order to gain increased knowledge about determining factors for readers' choice of eBook and paper book, a survey was conducted. Aspects such as demographics, reading habits, willingness to use eBook related services and interest in self-publishing a book were analysed. In our survey, we limit ourselves to an analysis of various individual factors that influence the individual's choice between e-books/audio books and paper books. The survey provides a lot of interesting findings. "Early adopters" in our survey are those who prefer the electronic option, but at the same time read many paper books. It is in this group we find the most frequent readers, not among the traditional paper book readers. Moreover, a low price of e-books relative to paper books makes it easier for readers to adopt e-books. We also found that the group of books who prefer paper books are de facto interested in e-books, but only if they are free or by subscribing to them. The technical conditions for expanding the market for e-books and audiobooks in Sweden are very good. The digital maturity and technical infrastructure are at the top of the world. Virtually all households have the technical equipment needed for digital books, especially among younger people. However, the market for e-books and audiobooks is quite new, which means that it is still very small compared to paper books. However, the rate of growth is high, especially in the form of subscription services.
9
Ibrahim, Muhd Kamil. "Market value, book value and goodwill." Thesis, Bangor University, 1999. https://research.bangor.ac.uk/portal/en/theses/market-value-book-value-and-goodwill(51c367e7-9e9d-4acb-bcf7-e33933c4b76c).html.
Full textAbstract:
This thesis examines the value relevance of goodwill that has been eliminated through reserves in the year of acquisition. Specifically, it investigates the association beiween goodwill reserve write-off and the value placed on the firm by the stock market. In so doing, the thesis describes the relationship between the implied value of purchased goodwill and that of other assets, and we seek to explain the underlying paffern of the amortisation of goodwill over time. The empirical method uses cross-sectional equity valuation models for the period 1994- 6. Based on the modified balance sheet identity, the equity valuation model parameterises purchased goodwill and other assets separately, and a more meaningful interpretation is given of the intercept term than in previous studies relating to purchased goodwill. The results confirm that the market incorporates information on the goodwill reserve write-off in the valuation of a firm, and the results also show that the market: book ratio is similar to tangible assets but its behaviour suggests a relatively higher amortisation rate. Although the present study provides evidence supporting the requirement in FRS 10 (Goodwill and Intangible Assets) to capitalise purchased goodwill, the findings also show that the incremental value of capitalised goodwill declines far more quickly than FRS1O suggests, thus placing particular importance on the impairment test required by FRS 10.
10
Ivanova, Yulia. "The entry strategy to Belarussian book market." Master's thesis, Vysoká škola ekonomická v Praze, 2010. http://www.nusl.cz/ntk/nusl-74039.
Full textAbstract:
The thesis demonstrates the entry strategy of a fundamentally new product - the magazine-catalogue of business books through the publishing house - to the B2B Belarusian book market. This product will help companies to make a better choice in the market of business literature. Customers will enjoy an overview and easy access to the titles, will have a quick reference about the content and prices, and will be able to place purchase orders online. The central issue is the optimization of courier service in the capital city Minsk and the surrounding area based on the customer demand. Therefore there is a need to introduce a new product, which will help to order books through catalogue and having them delivered by post, saving both, time and energy. The thesis is based on actual experience and its conclusions can be used in business practice.
Books on the topic "Market to Book Relationship"
2
Copyright Paperback Collection (Library of Congress), ed. Wed Him Before You Bed Him (The School for Heiresses, Book 8). Pocket Books, 2009.
Find full text
5
Resources, Inc Lang Marketing. Service market trends data book. Lang Marketing Resources, 2001.
Find full text
6
Green, Jeremy. The Political Economy of the Special Relationship. Princeton University Press, 2020. http://dx.doi.org/10.23943/princeton/9780691197326.001.0001.
Full textAbstract:
This book studies how America's global financial power was created and shaped through its special relationship with Britain. The rise of global finance in the latter half of the twentieth century has long been understood as one chapter in a larger story about the postwar growth of the United States. This book challenges this popular narrative. Revealing the Anglo-American origins of financial globalization, the book sheds new light on Britain's hugely significant, but often overlooked, role in remaking international capitalism alongside America. Drawing from new archival research, the book questions the conventional view of international economic history as a series of cyclical transitions among hegemonic powers. Instead, it explores the longstanding interactive role of private and public financial institutions in Britain and the United States—most notably the close links between their financial markets, central banks, and monetary and fiscal policies. The book shows that America's unparalleled post-WWII financial power was facilitated, and in important ways constrained, by British capitalism, as the United States often had to work with and through British politicians, officials, and bankers to achieve its vision of a liberal economic order. Transatlantic integration and competition spurred the rise of the financial sector, an increased reliance on debt, a global easing of regulation, the ascendance of monetarism, and the transition to neoliberalism. From the gold standard to the recent global financial crisis and beyond, this book recasts the history of global finance through the prism of Anglo-American development.
10
Rosati, Eleonora. Copyright in the Digital Single Market. Oxford University Press, 2021. http://dx.doi.org/10.1093/oso/9780198858591.001.0001.
Full textAbstract:
This book provides an article-by-article commentary to the provisions of the 2019 EU Directive on copyright in the Digital Single Market. It investigates the history, objectives, and content of Directive 2019/790's complex provisions as well as the relationship between some of those provisions and between the Directive and the pre-existing acquis. It explains why the EU Directive on copyright in the Digital Single Market is a significant and foundational part of the broader EU copyright architecture. The book aims to navigate the legislative provisions that were adopted in 2019 to make EU copyright fit for the Digital Single Market. It marks two important anniversaries in the EU copyright harmonization history: the thirtieth anniversary of the first ever adopted copyright directive, Software Directive 91/250, and the twentieth anniversary of InfoSoc Directive 2001/29, an ambitious legislative instrument.
Book chapters on the topic "Market to Book Relationship"
1
Kovach, Elizabeth. "Work and the Writing Life: Shifts in the Relationship Between ‘Work’ and ‘The Work’ in Twenty-First-Century Literary-Advice Memoirs." In New Directions in Book History. Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-53614-5_15.
Full textAbstract:
AbstractThis article focuses on memoirs that grapple with how to resolve tensions between ‘work,’ labor performed for a wage or salary, and ‘the Work,’ a creative pursuit performed for reasons beyond material necessity. Dorothea Brande’s Becoming a Writer (1934) and Wake up and Live! (1936), like many self-help publications of their kind, position writing and other creative pursuits as acts of living that stand in opposition to the necessity of making a living. Recently, however, a number of publications on “the writing life” have begun to complicate this opposition. When considering works ranging from Annie Dillard’s 1989 The Writing Life to Deborah Levy’s Things I Don’t Want to Know (2013) and The Cost of Living (2018) and Alexander Chee’s How to Write and Autobiographical Novel (2018), it seems that the dichotomy of work vs. writing life is not simply undergoing demystification but also reconceptualization. These contemporary literary-advice memoirs thematize dissolutions between work, personal, and writing lives, thereby also disrupting generic patterns in issuing literary advice. They push the literary advice genre away from technicalities and visions of artistic autonomy and toward accounts of creative production that is subject to the demands placed on creative workers throughout the white-collar labor market of late capitalism.
2
López Martínez, Alexandra, and Owen Eli Ceballos Mina. "Socioeconomic Residential Segregation and Income Inequality in Bogotá: An Analysis Based on Census Data of 2005." In The Urban Book Series. Springer International Publishing, 2021. http://dx.doi.org/10.1007/978-3-030-64569-4_22.
Full textAbstract:
AbstractResidential segregation is both a cause and consequence of socioeconomic inequalities. Since the 1990s, segregation patterns in Latin American cities have changed significantly. This is related to major urban transformations caused by privatization policies related to urban development, commercialization, and real estate activity. The main purpose of this chapter is to study residential socioeconomic segregation in the city of Bogotá, Colombia in 2005, using educational attainment as an indicator of socioeconomic status while considering the drivers of segregation during the 1990s. We also introduce a brief analysis of the relationship between residential segregation and inequality based on a model that allows replicating the income distribution of the population using census variables. This chapter shows that residential segregation in Bogotá is related to per capita income inequality, however, segregation may be caused by the dynamics of land and housing markets rather than inequality.
3
Feitosa, Flávia, Joana Barros, Eduardo Marques, and Mariana Giannotti. "Measuring Changes in Residential Segregation in São Paulo in the 2000s." In The Urban Book Series. Springer International Publishing, 2021. http://dx.doi.org/10.1007/978-3-030-64569-4_26.
Full textAbstract:
AbstractResidential segregation is known as one of the most prevalent problems of Latin American and Brazilian cities. This chapter looks into the changes in segregation levels in the Metropolitan Region of São Paulo between 2000 and 2010. This period was marked by economic growth and decreasing social inequalities in Brazil with consequent improvement to the quality of life of lower income classes. Despite those improvements, general patterns of urban segregation in Brazilian cities showed remarkable stability, albeit with important changes in the details of segregation patterns. This chapter explores the spatial relationship between socio-occupational groups using global and local segregation indices. The analysis confirmed a highly segregated distribution of social groups in the Metropolitan Region and revealed increased levels of segregation, with global indices figures for 2010 higher than for 2000. Analysis demonstrated that peripheral areas of the Metropolitan Region became more fragmented and heterogeneous in that period, and revealed that their increased heterogeneity is mainly composed of classes with close social proximity, rather than polarised ones. Results showed that while middle classes became more integrated amongst themselves and with lower classes, the separation between lower and upper classes was not only maintained but also increased during the period. All these findings suggest a reconfiguration of the concentric pattern of segregation that maintained a spatial structure of strong social isolation during the period, although with greater complexity.
4
Valleriani, Matteo, and Christoph Sander. "Paratexts, Printers, and Publishers: Book Production in Social Context." In Publishing Sacrobosco’s De sphaera in Early Modern Europe. Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-030-86600-6_10.
Full textAbstract:
AbstractParatexts, such as dedication letters or epigrams, in early modern printed books can be used by historians to situate a book’s production in its institutional and social context. We depart from the general assumption that two publishers or printers were in a relation of awareness of each other if they printed and put on the market two different editions that contain at least one identical paratext. In this paper, we analyze the circulation of the paratexts among the 359 editions of the “Sphaera corpus.” First, we discuss the available data, the conditions to build a social network, and the latter’s characteristics. Second, we interpret the results—potential relationships among printers and publishers—from a historical point of view and, at the same time, discuss the sorts of potential relationships that this method can disclose. Third, we corroborate the historical results among different approaches, namely by using editions’ fingerprints and by investigating the book production of those printers and publishers tangentially involved in relevant relationships, but who fall outside the “Sphaera corpus.” Finally, we identify local communities of printers and publishers and, on a transregional level, printers, and publishers who were observing and influencing each other.
5
Valleriani, Matteo, and Christoph Sander. "Paratexts, Printers, and Publishers: Book Production in Social Context." In Publishing Sacrobosco’s De sphaera in Early Modern Europe. Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-030-86600-6_10.
Full textAbstract:
AbstractParatexts, such as dedication letters or epigrams, in early modern printed books can be used by historians to situate a book’s production in its institutional and social context. We depart from the general assumption that two publishers or printers were in a relation of awareness of each other if they printed and put on the market two different editions that contain at least one identical paratext. In this paper, we analyze the circulation of the paratexts among the 359 editions of the “Sphaera corpus.” First, we discuss the available data, the conditions to build a social network, and the latter’s characteristics. Second, we interpret the results—potential relationships among printers and publishers—from a historical point of view and, at the same time, discuss the sorts of potential relationships that this method can disclose. Third, we corroborate the historical results among different approaches, namely by using editions’ fingerprints and by investigating the book production of those printers and publishers tangentially involved in relevant relationships, but who fall outside the “Sphaera corpus.” Finally, we identify local communities of printers and publishers and, on a transregional level, printers, and publishers who were observing and influencing each other.
6
Muther, Andreas. "Summary and Overview CRM Market." In Customer Relationship Management. Springer Berlin Heidelberg, 2002. http://dx.doi.org/10.1007/978-3-642-56222-8_6.
Full text
7
Trost, Armin. "The Labour Market of the Future." In Talent Relationship Management. Springer Berlin Heidelberg, 2014. http://dx.doi.org/10.1007/978-3-642-54557-3_2.
Full text
8
Cakici, Nusret, and Kudret Topyan. "Book-to-Market Ratio." In Risk and Return in Asian Emerging Markets. Palgrave Macmillan US, 2014. http://dx.doi.org/10.1057/9781137359070_9.
Full text
9
Kravchenko, Zhanna, Lisa Kings, and Katarzyna Jezierska. "Introduction." In Palgrave Studies in Third Sector Research. Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-030-99007-7_1.
Full textAbstract:
AbstractThis chapter presents the conceptual framework of resourcefulness that brings together the contributions to this volume; it also establishes Poland, Russia, and Sweden as particularly relevant cases for understanding transformation in the relationships between civil society, the state, and the market. Here, we explore the organizational realities of civil societies in the three countries and their shared history of a strong state. We posit resources as a contrast medium, allowing us to distinguish between different types of resourcefulness in civil society organizations’ responses to various pressures. Finally, the overall thematic structure of this book and each of its contributions are highlighted.
10
Bun, Kwan Man. "Relationship with the Nationalist State." In Beyond Market and Hierarchy. Palgrave Macmillan US, 2014. http://dx.doi.org/10.1057/9781137331946_7.
Full textConference papers on the topic "Market to Book Relationship"
1
Yamada, Kenta, and Takayuki Mizuno. "Relationships between market impact characteristics and order book properties." In 2017 IEEE International Conference on Big Data (Big Data). IEEE, 2017. http://dx.doi.org/10.1109/bigdata.2017.8258293.
Full text
2
Scofield, Clarisse, Mariana O. Silva, and Mirella M. Moro. "What Makes a Book Successful? A Study on Portuguese-language Literature." In Simpósio Brasileiro de Sistemas Multimídia e Web. Sociedade Brasileira de Computação - SBC, 2022. http://dx.doi.org/10.5753/webmedia_estendido.2022.227042.
Full textAbstract:
Analyzing the success of books is a matter of interest among publishers, professional book reviewers, expert writers, and even curious readers. Such a task has many influencing factors concerning the intrinsic content and quality of the book (e.g., interest, novelty, writing style, and engaging plot) and others regarding external factors such as social context, author relationships, and luck for publication. Faced with so many variables, recognizing a successful literary work is a challenging endeavor even for specialists in the publishing market. Our objective is: to explore a dataset of books in the Portuguese language created to obtain more knowledge about the different variables of success in the literary context; to understand and evaluate the metrics collected that indicate new perceptions about books using graphical views.
3
Tekin, Bilgehan, and Seda Nur Bastak. "The Relationship of Stock Prices and Stock Market Performance Ratios in Companies Trading on Borsa Istanbul: An Application in Companies with the Highest Trading Volume." In International Conference on Eurasian Economies. Eurasian Economists Association, 2021. http://dx.doi.org/10.36880/c13.02599.
Full textAbstract:
In this study, the effect of certain ratios that investors pay attention to on stock prices in Borsa Istanbul is examined. For this purpose, 30 of the stocks with which the investors traded the most were taken as a sample. In the study, 30 companies with the highest average trading volume in the analysis period were selected according to their transactions in Borsa Istanbul. The study covers the period between 2010: 1Q-2019: 4Q. Variables included in the study are stock market price, P/E ratio, trading volume, market to book ratio, beta, free float percentage. In this study, it has been tried to understand at what level the stock market prices of companies' publicly traded stocks are affected by the indicators that emerge as a result of the transactions realized in the stock exchange, rather than the ratios discussed within the scope of financial analysis and ratio analysis, examples of which are very common in the literature. Panel regression analysis was performed in the study. Before proceeding to the panel regression analysis, preliminary tests were carried out and the model was tried to be given its most suitable form. For this purpose, multicollinearity tests, cross section dependency test, second generation unit root tests, varying variance test, panel regression model selection were made. The model created in the last stage was estimated. As a result of the study, it was seen that the Price/Earnings, Transaction Volume, Market Value/Book Value and Beta variables were significantly effective on the stock market prices of the companies' stocks. Among these variables, BETA affects negatively, while other variables affect positively. The variable with the highest effect on the share price is the negative BETA coefficient and the positive direction is the trading volume.
4
Küçükbay, Füsun, and Tuğba Arpazlı Fazlılar. "The Relationship between Firms’ Environmental Performance and Financial Performance: The Case of Turkey." In International Conference on Eurasian Economies. Eurasian Economists Association, 2016. http://dx.doi.org/10.36880/c07.01742.
Full textAbstract:
In recent years, the number of firms that give importance to environmental problems such as consumption of natural resources, decline in water resources and global warming are increasing. However, the classical view of literature argues that firms’ environmental protection operations decrease the financial performance of them. For that reason, in this study, it is aimed to analyze the relationship between financial performance and environmental performance of the firms. The sample of the study consists of firms listed on Borsa Istanbul 100 index and has a climate change score declared in CDP Turkey Climate Change Report 2015. Climate change score is used for measuring environmental performance. Accounting (Return on Asset) and marketing measures (Market Value/Book Value) are used for measuring financial performance. The relationship between the environmental performance and financial performance of the firms compared with the help of correlation analysis. Findings reveal that there is a positive relation between financial performance and environmental performance. The correlation between market performance and environmental performance is weaker than the correlation between accounting performance and environmental performance. Moreover, multidimensional scaling technique is utilized to cluster the firms in terms of their financial and environmental performance. A map is formed with the help of multidimensional scaling that shows the relative positioning of the sampled firms due to their environmental performance and financial performance.
5
Utomo, Kurniawan Prambudi, and Abdul Rahman. "IMPLEMENTATION OF DEBT EQUITY RATIO (DER) AND UNDERWRITER'S REPUTATION ON UNDERPRICING DURING INITIAL PUBLIC OFFERING (IPO) ON THE IDX." In Global Conference on Business and Management Proceedings. Goodwood Conferences, 2022. http://dx.doi.org/10.35912/gcbm.v1i1.10.
Full textAbstract:
This study is expected to describe a real phenomenon that occurs on the Indonesian stock exchange to determine the direct relationship between the Debtto Equity Ratio (DER) and the Reputation of the Underwriter on the Indonesia Stock Exchange (IDX). uses qualitative research, namely field observation research by distributing data that has been structured in a structured manner, and collecting information on the IDX, IDX Fact Book, and scientific literature. From 104 companies and there are 96 companies who experience underpricing, Underpricingon the condition of the company selling shares to the public or Initial Public Offering (IPO) in 2018 which is influenced by the reputation of the underwriter, the size of the company. This study only consists of three variables, Debt to Equity Ratio (DER), Influence, and Reputation of the Underwriter on the Underpricing Phenomenon, while there are many other factors such as stock trivia and e-IPO so that it will be better and meet scientific principles. Underpricing that occurs in companies conducting IPOs, is mostly avoided by other companies because the funds obtained are not maximally obtained from the initial investment price and are below the market price or stock price in the market.
6
Düzakın, Hatice, and Heba Isleem. "Ownership concentration, Foreign shareholding, Audit quality and Stock Price Synchronicity: A Critical Review of literature and Evidence from BORSA Istanbul." In International Conference on Eurasian Economies. Eurasian Economists Association, 2021. http://dx.doi.org/10.36880/c13.02596.
Full textAbstract:
Stock price synchronicity is used to explain the co-movement of stock price in the same direction over a certain period with the market price. The aim of this seminar paper is critically review literatures which investigated the association between firm specific information such as ownership concentration, foreign shareholding, audit quality and stock price synchronicity. Most of research used to measure stock price synchronicity either classical synchronicity measure, R-square measure or zero return measure. Studies show that stock price synchronicity high in emerging markets comparing to developed markets. Poland, China, Taiwan, Malaysia, Turkey, Columbia and Mexico are among the highest synchronized countries and the reason to their higher synchronicity is poor property right controlling. Ownership concentration, foreign shareholding, audit quality are among the main factors which affected stock price synchronicity. Most of research on this topic are conducted in case of China stock markets due to china is the second higher synchronized country. The finding of reviewed literature indicated that there are negative relationships between ownership concentration, foreign shareholding, audit quality and stock price synchronicity, meaning that low ownership concentration, low foreign ownership and low audit quality resulted in high stock price synchronicity and vice versa. The paper also empirically investigated the association between stock price synchronicity and corporate governance factors such as ownership concentration, foreign shareholding and Percentage of independent directors in the board for 15 companies listed in Borsa Istanbul 30 indexe (BIST 30) covering the period between 2016 and 2019. The finding indicated that only leverage positively associated with stock price synchronicity and foreign ownership, ownership concentration and market to book ratio are negatively associated with stock price synchronicity.
7
Zhang, Jing. "The Book Market Influence Of Book Integrated Design." In 2017 3rd International Conference on Economics, Social Science, Arts, Education and Management Engineering (ESSAEME 2017). Atlantis Press, 2017. http://dx.doi.org/10.2991/essaeme-17.2017.67.
Full text
8
Harry Watson, Harry Watson. "Range Capability as a Significant Variable in Light Duty EVs Life Cycle CO2." In FISITA World Congress 2021. FISITA, 2021. http://dx.doi.org/10.46720/f2020-epv-040.
Full textAbstract:
"It was recognised by ‘The Club of Rome’ in 1948 that the earth’s resources were limited and by 1971 in the book ‘Fundamentals of Exhaust Emissions’ I concluded that we should also have concern for CO2 levels in the air and consequent global warming caused by transport emissions. So what is the optimum strategy for minimizing energy use and emissions, recognizing that the car is the prime source of personal space for mobility, and that many governments support a focus as EVs as the solution for the future? To demonstrate how range capability has a significant influence on the optimum life for two classes of EVs and to identify the inter relationship with vehicle life. From this to forecast the optimum service life (before scrapping including recycling) against a back drop of steadily improving EV and battery manufacturing energy and efficiency, Using the best available energy production and usage data, life cycle analysis (more than ‘well-to-wheel’ as the energy content and manufacture of consumables and recycling/reuse is included) is performed for electric vehicles accounting for the change in vehicle use with age in vehicle fleets, in which new vehicles replace older, scrapped ones in the market with improvements in energy efficiency (and CO2 emissions). Depending on the vehicle size and configuration, the optimum vehicle life ranges from 17 years to more than thirty. The greater the installed battery kWh and hence range capability the longer is the optimum service life. As the energy efficiency trend for new vehicles entering the market reduces, as it must according to the law of diminishing returns, vehicles need to remain in use for longer to amortize the embedded energy in manufacturing which will also continue to improve. The analysis is only as reliable as the data. However the sensitivity analysis allows the results to remain useful as the user can adjust the scenario according to updated information. Moreover sensitivity analysis allows the reader to apply the results for regional variables such as the proportion of renewable energy in electricity generation and as a consequence of EVs reduced annual travel compared with conventional and hybrid light duty vehicles.. The application of the most recent input data is also novel. Finally, the author is not aware of analyses of this type that recognise reducing annual travel as vehicles age, rather constant km of travel per year has previously been assumed throughout the vehicle life. On the basis of the median results from the projections, short to moderate range EVs offer the path to minimizing CO2 emissions which conflicts with the general consumer desire for reduced ‘range anxiety’ and thus frequency of recharging. EVs life cycle emissions will be considerably worse than those from hybrid vehicles which use the least long term (several model change overs) energy and produce correspondingly low CO2. The sensitivity analysis allows for conclusions to be drawn about many alternative scenarios."
9
Bildirici, Melike, Bahri Sonüstün, and Seyit M. Gökmenoğlu. "CDS - Stock market chaotic relationship - Turkish stock market case." In TURKISH PHYSICAL SOCIETY 35TH INTERNATIONAL PHYSICS CONGRESS (TPS35). AIP Publishing, 2019. http://dx.doi.org/10.1063/1.5135466.
Full text
10
El-Ahmady, S., E. Abdelrahman, A. Naumann, H. Schulz, S. Azzam, and ES El-Kashoury. "Chemical composition and antimicrobial activity relationship of essential oils from certain Myrtaceous plants using spectroscopic techniques coupled to chemometrics." In GA 2017 – Book of Abstracts. Georg Thieme Verlag KG, 2017. http://dx.doi.org/10.1055/s-0037-1608521.
Full textReports on the topic "Market to Book Relationship"
1
Ardani, Kristen, and Robert Margolis. 2010 Solar Technologies Market Report (Book). Office of Scientific and Technical Information (OSTI), 2011. http://dx.doi.org/10.2172/1032394.
Full text
2
Qiu, Larry, and Barbara Spencer. Keiretsu and Relationship-Specific Investment: Implications for Market-Opening Trade Policy. National Bureau of Economic Research, 2001. http://dx.doi.org/10.3386/w8279.
Full text
3
Bartram, Söhnke, Mark Grinblatt, and Yoshio Nozawa. Book-to-Market, Mispricing, and the Cross-Section of Corporate Bond Returns. National Bureau of Economic Research, 2020. http://dx.doi.org/10.3386/w27655.
Full text
4
Arango-Thomas, Luis Eduardo, Andrés González-Gómez, and Carlos Esteban Posada. Returns and interest rate: a nonlinear relationship in the Bogota stock market. Banco de la República, 2001. http://dx.doi.org/10.32468/be.169.
Full text
5
Nicholson, E., J. Rogers, and K. Porter. Relationship Between Wind Generation and Balancing Energy Market Prices in ERCOT: 2007-2009. Office of Scientific and Technical Information (OSTI), 2010. http://dx.doi.org/10.2172/993654.
Full text
6
Hulten, Charles, and Xiaohui Hao. What is a Company Really Worth? Intangible Capital and the "Market to Book Value" Puzzle. National Bureau of Economic Research, 2008. http://dx.doi.org/10.3386/w14548.
Full text
7
Rossman, Daniel, Meagan Wilson, Rayane Alamuddin, Julia Karon, Jenna Joo, and Catharine Bond Hill. Measuring a Liberal Education and its Relationship with Labor Market Outcomes: An Exploratory Analysis. Ithaka S+R, 2020. http://dx.doi.org/10.18665/sr.313872.
Full text
8
Hasanov, Fakhri. Oil Market Shocks and Financial Instability in Asian Countries. King Abdullah Petroleum Studies and Research Center, 2021. http://dx.doi.org/10.30573/ks--2021-dp18.
Full textAbstract:
There is no commodity whose interlinkages with the macroeconomy have been studied as extensively as oil, starting with Hamilton’s (1983) seminal study. Thousands of subsequent studies have examined the relationship between oil prices and various economic variables, including the stock market. This strand of the literature began with the pioneering work of Kling (1985). Since then, other financial markets, such as banking, have also received a fair share of analysis.
9
Just, Richard E., Eithan Hochman, and Sinaia Netanyahu. Problems and Prospects in the Political Economy of Trans-Boundary Water Issues. United States Department of Agriculture, 2000. http://dx.doi.org/10.32747/2000.7573997.bard.
Full textAbstract:
The objective of this research was to develop and apply a conceptual framework for evaluating the potential of trans-boundary bargaining with respect to water resource sharing. The research accomplished this objective by developing a framework for trans-boundary bargaining, identifying opportunities for application, and illustrating the potential benefits that can be gained thereby. Specifically, we have accomplished the following: - Developed a framework to measure the potential for improving economic efficiency considering issues of political feasibility and sustainability that are crucial in trans-boundary cooperation. - Used both cooperative and non-cooperative game theory to assess feasible coalitions among the parties involved and to model potential bargaining procedures. - Identified empirically alternative schemes of cooperation that both improve upon the economic efficiency of present water usage and appease all of the cooperating parties. - Estimated the potential short-run and long-run affects of water reallocation on the agricultural sector and used this information to understand potential strategies taken by the countries in bargaining processes. - Performed case studies in Israeli-Jordanian relations, the relationship of Israel to the Palestinian Authority, and cooperation on the Chesapeake Bay. - Published or have in process publication of a series of refereed journal articles. - Published a book which first develops the theoretical framework, then presents research results relating to the case studies, and finally draws implications for water cooperation issues generally. Background to the Topic The increase in water scarcity and decline in water quality that has resulted from increased agricultural, industrial, and urban demands raises questions regarding profitability of the agricultural sector under its present structure. The lack of efficient management has been underscored recently by consecutive years of drought in Israel and increased needs to clean up the Chesapeake Bay. Since agriculture in the Middle East (Chesapeake Bay) is both the main water user (polluter) and the low-value user (polluter), a reallocation of water use (pollution rights) away from agriculture is likely with further industrial and urban growth. Furthermore, the trans-boundary nature of water resources in the case of the Middle East and the Chesapeake Bay contributes to increased conflicts over the use of the resources and therefore requires a political economic approach. Major Conclusions, Solutions, Achievements and Implications Using game theory tools, we critically identify obstacles to cooperation. We identify potential gains from coordination on trans-boundary water policies and projects. We identify the conditions under which partial (versus grand) coalitions dominate in solving water quality disputes among riparian countries. We identify conditions under which linking water issues to unrelated disputes achieves gains in trans-boundary negotiations. We show that gains are likely only when unrelated issues satisfy certain characteristics. We find conditions for efficient water markets under price-determined and quantity-determined markets. We find water recycling and adoption of new technologies such as desalination can be part of the solution for alleviating water shortages locally and regionally but that timing is likely to be different than anticipated. These results have been disseminated through a wide variety of publications and oral presentations as well as through interaction with policymakers in both countries.
10
Leonardo, Fabio Morales, Carlos Ospino, and Amaral Nicole. Online Vacancies and its Role in Labor Market Performance. Banco de la República, 2021. http://dx.doi.org/10.32468/be.1174.
Full textAbstract:
This paper assesses whether the expansion of online job vacancies leads to a more efficient labor market. We provide compelling evidence that the increase in online job vacancy penetration in Colombia has had an enhancing effect on the labor market's efficiency by making it easier for firms to find workers to fill their job openings. An estimation of the Beveridge Curve (unemployment to vacancies relationship), a well-established theoretical development from search models, concludes that policies that increase online vacancy posting enhance efficiency. We implement a differences in differences design to take advantage of a regulation, which mandates that all authorized online vacancy providers report any online vacancy to the Public Employment Service in Colombia. We find that sub-segments of the labor market with a relevant fraction of their vacancies posted online, presented on average nearly 15% lower vacancy rate for a given unemployment rate. Therefore, for these sub-segments, the Beveridge curve shifted inwards due to efficiency enhancements. These findings support active search policies to reduce information barriers, which reduce the odds of firms and workers finding one other in the labor market. Policies as those implemented by the Public Employment Service in Colombia seem to be beneficial.