Results 1 - 10 of 46,648

Costly search and mutual fund flows

by Erik R. Sirri, Peter Tufano - Journal of Finance , 1998
"... This paper studies the flows of funds into and out of equity mutual funds. Consumers base their fund purchase decisions on prior performance information, but do so asymmetrically, investing disproportionately more in funds that performed very well the prior period. Search costs seem to be an importa ..."
Abstract - Cited by 523 (5 self) - Add to MetaCart
This paper studies the flows of funds into and out of equity mutual funds. Consumers base their fund purchase decisions on prior performance information, but do so asymmetrically, investing disproportionately more in funds that performed very well the prior period. Search costs seem

Information Theory and Statistics

by S. Kullback , 1968
"... Entropy and relative entropy are proposed as features extracted from symbol sequences. Firstly, a proper Iterated Function System is driven by the sequence, producing a fractaMike representation (CSR) with a low computational cost. Then, two entropic measures are applied to the CSR histogram of th ..."
Abstract - Cited by 1805 (2 self) - Add to MetaCart
Entropy and relative entropy are proposed as features extracted from symbol sequences. Firstly, a proper Iterated Function System is driven by the sequence, producing a fractaMike representation (CSR) with a low computational cost. Then, two entropic measures are applied to the CSR histogram

Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt

by Raghuram G. Rajan , 1991
"... While the benefits of bank financing are relatively well understood, the costs are not. This paper argues that while informed banks make flexible financial decisions which prevent a firm's projects from going awry, the cost of this credit is that banks have bargaining power over the firm's ..."
Abstract - Cited by 868 (16 self) - Add to MetaCart
While the benefits of bank financing are relatively well understood, the costs are not. This paper argues that while informed banks make flexible financial decisions which prevent a firm's projects from going awry, the cost of this credit is that banks have bargaining power over the firm

Is learning by exporting important? Micro-dynamic evidence from Colombia, Mexico and Morocco

by Sofronis K. Clerides, Saul Lach, James R. Tybout - Quarterly Journal of Economics , 1998
"... Do firms become more efficient after becoming exporters? Do exporters generate positive externalities for domestically oriented producers? In this paper we tackle these questions by analyzing the causal links between exporting and productivity using plant-level data. We look for evidence that firms ..."
Abstract - Cited by 604 (13 self) - Add to MetaCart
’ cost processes change after they break into foreign markets. We find that relatively efficient firms become exporters; however, in most industries, firms ’ costs are not affected by previous exporting activities. So the well-documented positive association between exporting and efficiency is explained

Inflation and Growth

by Robert J. Barro , 1996
"... In recent years, many central banks have placed increased emphasis on price stability. Monetary policy—whether expressed in terms of interest rates or growth of monetary aggregates—has been increasingly geared toward the achievement of low and stable inflation. Central bankers and most other obs ..."
Abstract - Cited by 3577 (23 self) - Add to MetaCart
observers view price stability as a worthy objective because they think that inflation is costly. Some of these costs involve the average rate of inflation, and others relate to the variability and uncertainty of inflation. But the general idea is that businesses and households are thought to perform poorly

related costs

by José M. Olivares, José L. Carrasco, Enrique Álvarez, María Perez, Vanessa López-gómez, Javier Rejas
"... The effect of broadening the definition of generalized anxiety disorder on healthcare resource utilization and ..."
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The effect of broadening the definition of generalized anxiety disorder on healthcare resource utilization and

A Survey on Sensor Networks

by Lan F. Akyildiz, Welljan Su, Yogesh Sankarasubramaniam, Erdal Cayirci , 2002
"... Recent advancement in wireless communica- tions and electronics has enabled the develop- ment of low-cost sensor networks. The sensor networks can be used for various application areas (e.g., health, military, home). For different application areas, there are different technical issues that research ..."
Abstract - Cited by 2002 (1 self) - Add to MetaCart
Recent advancement in wireless communica- tions and electronics has enabled the develop- ment of low-cost sensor networks. The sensor networks can be used for various application areas (e.g., health, military, home). For different application areas, there are different technical issues

The theory and practice of corporate finance: Evidence from the field

by John R. Graham, Campbell R. Harvey - Journal of Financial Economics , 2001
"... We survey 392 CFOs about the cost of capital, capital budgeting, and capital structure. Large firms rely heavily on present value techniques and the capital asset pricing model, while small firms are relatively likely to use the payback criterion. We find that a surprising number of firms use their ..."
Abstract - Cited by 725 (23 self) - Add to MetaCart
We survey 392 CFOs about the cost of capital, capital budgeting, and capital structure. Large firms rely heavily on present value techniques and the capital asset pricing model, while small firms are relatively likely to use the payback criterion. We find that a surprising number of firms use

Financial Dependence and Growth

by Raghuram G. Rajan, Luigi Zingales - American Economic Review , 1998
"... This paper examines whether nancial development facilitates economic growth by scrutinizing one rationale for such a relationship; that nancial development reduces the costs of external nance to rms. Speci cally, we ask whether industrial sectors that are relatively more in need of external nance de ..."
Abstract - Cited by 1086 (26 self) - Add to MetaCart
This paper examines whether nancial development facilitates economic growth by scrutinizing one rationale for such a relationship; that nancial development reduces the costs of external nance to rms. Speci cally, we ask whether industrial sectors that are relatively more in need of external nance

Points-to Analysis in Almost Linear Time

by Bjarne Steensgaard , 1996
"... We present an interprocedural flow-insensitive points-to analysis based on type inference methods with an almost linear time cost complexity. To our knowledge, this is the asymptotically fastest non-trivial interprocedural points-to analysis algorithm yet described. The algorithm is based on a non-s ..."
Abstract - Cited by 595 (3 self) - Add to MetaCart
We present an interprocedural flow-insensitive points-to analysis based on type inference methods with an almost linear time cost complexity. To our knowledge, this is the asymptotically fastest non-trivial interprocedural points-to analysis algorithm yet described. The algorithm is based on a non
Results 1 - 10 of 46,648