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9 Jul 2023: These too raise important general issues of economic interpretation for PP studies which are outlined. ... However, as we know from the convergence literature on economic growth (see Lee et.

9 Jul 2023: These changes have been informed by theories of governance which have cast doubt on the effectiveness and legitimacy of public interventions in managing social and economic risks. ... by the market principle of willingness to pay – and hence, the

9 Jul 2023: Thus the relationship between legal institutions and economic growth is one of incremental coevolution. ... that is, adjusting over time to changes in their economic or political context.

9 Jul 2023: Loderer and Martin (1997) test the endogeneity of board ownership and bidder announcement returns. ... We carry out the Hausman specification test to determine whether OLS or 2SLS.

9 Jul 2023: We test formally for the relationships between competition, inter-firm cooperation and innovation. ... Crafts, N. (1996), ‘Deindustrialization and Economic Growth’,. Economic Journal, 106, 434, 172-83.

9 Jul 2023: 2.6% higher. To summarize, consistent with economic intuition, we find that prices become. ... Equilibrium in a Model of Sales,” Games and Economic Behavior (1992), 4 pp.

9 Jul 2023:  Scenario Stress Tests are typically a qualitative approach to quantify “tail risk”. ... Case Study: Global Economic Impact of Climate as Trend Risk. Slide Number 12.

9 Jul 2023: The Wilcoxon test for differences between pre- and post-takeover median values in hostile takeovers is significant at the 1% level. ... To test whether the impact of takeover on profit differs significantly between hostile and friendly takeovers, we

9 Jul 2023: This table presents comparison tests for the profit performance of businesses that did and did not seek external capital. ... Difference of Means and Medians Tests. Means Test Medians Test (1) versus (2) -1.08 p <= 0.0003 (1) versus (3) 0.15 p <= 0.004 (1

9 Jul 2023: Any meaningful fire sales stress test needs toinclude a sensitivity analysis on the market depth parameter. ... 2011).Fire sales in finance and macroeconomics.Journal of Economic Perspectives. Shleifer, A.