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Effects of global crisis on structural policies and financial regulations: the comparison of OECD economies AgEcon
Bahce, Abdullah; Karaaslan, Yusuf.
Global crisis that has affected all economies has also given harms for financial and structural bodies of economies. Near after this financial crisis, governments took different responsibilities to overcome this phenomenon. In this context, priorities in overcoming the crisis have concentrated on the macroeconomic adjustments and regulatory precautions. Measures should have taken by the governments of OECD economies in line of macroeconomic adjustment and crisis exit strategies are outlined briefly.
Tipo: Journal Article Palavras-chave: Global crisis; Macroeconomic policies; Financial regulations.; Research and Development/Tech Change/Emerging Technologies; G01; E60; G18.
Ano: 2009 URL: http://purl.umn.edu/94570
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When No Law is Better than a Good Law AgEcon
Bhattacharya, Utpal; Daouk, Hazem.
This paper argues, both theoretically and empirically, that sometimes no securities law may be better than a good securities law that is not enforced. The first part of the paper formalizes the sufficient conditions under which this happens for any law. The second part of the paper shows that a specific securities law - the law prohibiting insider trading - may satisfy these conditions. The third part of the paper takes this prediction to the data. We find that the cost of equity actually rises when some countries enact an insider trading law, but do not enforce it.
Tipo: Working or Discussion Paper Palavras-chave: Insider trading; Cost of capital; Emerging markets; Securities law; Enforcement; International Development; G15; G18; K22; K42.
Ano: 2009 URL: http://purl.umn.edu/51184
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Why Are Farmers Going Multifunctional? AgEcon
Jongeneel, Roelof A.; Polman, Nico B.P.; Slangen, Louis H.G..
The European farm model is aimed at stimulating and facilitating multifunctional agriculture. This paper presents the results of research into the factors determining the adoption of multifunctional activities. In the paper survey results from 495 farms, spread all over the Netherlands, were used. Binomial logit models were estimated for multifunctional activities in general and four specific activities. Trust in the government is an important explaining factor for participation in nature conservation and recreation, however, less important for services and selling products. Location of the farm is important for nature conservation, services, and recreation. Attitude variables are particularly important for participation in nature conservation and day and...
Tipo: Conference Paper or Presentation Palavras-chave: Multifunctionality; Land use; Agricultural policy; Agricultural and Food Policy; Land Economics/Use; G18.
Ano: 2005 URL: http://purl.umn.edu/24585
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