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Finance
In: The New Palgrave
This is an excerpt from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This extract concentrates on finance.
Bank finance versus bond finance
In: NBER working paper series 16979
"We present a dynamic general equilibrium model with agency costs where: i) firms are heterogeneous in the risk of default; ii) they can choose to raise finance through bank loans or corporate bonds; and iii) banks are more efficient than the market in resolving informational problems. The model is used to analyze some major long-run differences in corporate finance between the US and the euro area. We suggest an explanation of those differences based on information availability. Our model replicates the data when the euro area is characterized by limited availability of public information about corporate credit risk relative to the US, and when european firms value more than US firms the flexibility and information acquisition role provided by banks"--National Bureau of Economic Research web site
Finance
In: Business review books
Finance
In: Reviews of United Kingdom statistical sources 21
The finance statute: The finance statute, finance bill (Uganda), 1987
The object of this Bill is to amend the Income Tax Decree, 1974, the Sales Tax Act, 1970, the Finance Decree, 1972, the East African Customs and Transfer Tax Management Act, and the East African Excise Management Act and to introduce a Road User Tax in order to increase recource flow to Government and supply of goods and services
World Affairs Online
Finance
In: Irish University Press series of British parliamentary papers
In: Colonies. East India 7
In: Irish University Press series of British parliamentary papers
In: Colonies, East India 7
In: Minutes of evidence before the Select Committee on the Affairs of the East India Company with ... 2,1 : 2, Finance and acconts : ... an appendix ; pt. 1