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21.
SUMMARY

The purpose of this article is to explore the attitudes of Jordanian consumers regarding both their current environmental consciousness and their willingness to adopt environmentally friendly consumption behavior. The article is based on an empirical investigation of consumer attitudes for a sample of 303 university students drawn from Jordanian universities, using a drop-off method. The article concludes that Jordanian consumers were, generally, concerned about the environment, as they demonstrated reasonably high levels of environmental consciousness relating to various environmental issues. However, this pro-environmental attitude was not sufficient to turn good intentions into actual buying actions, possibly due to several factors, such as loyalty to traditional products and weak credibility of “green” claims. The article stresses the need to link consumers' good intentions to actual buying behavior through a green marketing strategy, which focuses on the unique characteristics of green products and how they impact the environment, within the cultural context of the Jordanian consumer. Over time, we hope that these efforts can lead to a culture of green consumerism within a framework of environmental responsibility.  相似文献   
22.
This paper introduces a new and computationally inexpensive method to test for uniqueness of equilibrium in exchange economies.  相似文献   
23.
Journal of Quantitative Economics - The sugar industry has been the backbone of the Fijian economy since the late 1950s. Owing to its poor performance over the recent years, and especially the...  相似文献   
24.
The aim of this paper is to compare three statistical methods predicting corporate financial distress. We use discriminant analysis, logistic regression and random forest (RF) methods. These approaches are evaluated based on a sample of 800 companies, composed of 400 healthy companies and 400 failed companies. This study covers the period from 2006 to 2008 using 33 financial ratios. The results show the superiority of the RF approach, which gives better results in terms of classification. It allows for better forecast accuracy because it minimizes type I and type II errors.  相似文献   
25.
This study analyzes the impact of economic, financial, and political instability on the liquidity transformation of banks operating in unstable environments. Our main goal is to assess the relationship between overall risk in a country and liquidity transformation. With this goal in mind, we use a sample of five Middle Eastern countries during the period 2005–2010. Our results showed that the high-risk environment has a significant and negative impact on both liquidity transformation and the extension of credit. In addition, we conclude that high capital requirements may reduce further lending, while imposing liquidity requirements seems to be a better strategy for enhancing liquidity transformation.  相似文献   
26.
In this paper, we investigate the impact of cross‐listings on information asymmetry risk, the cost of capital and firm value of a group of cross‐listed Chinese companies. Our paper is the first to examine the effect of cross‐listing on information asymmetry risk. Because cross‐listed firms are subject to increased disclosure requirements, increased regulatory scrutiny and increased legal liability, we propose that Chinese cross‐listed firms have lower information asymmetry risk, lower cost of capital and higher firm value than their non‐cross‐listed counterparts. We find in both univariate and multivariate tests that cross‐listed firms enjoyed lower information asymmetry risk in the domestic market compared with the non‐cross‐listed firms. We also find that cross‐listed firms have lower cost of capital in the cross‐listing market than non‐cross‐listed firms in the domestic markets. Finally, we find that cross‐listed firms are associated with higher firm value as measured by Tobin's Q. These results have implications for international investors and companies seeking cross‐listing opportunities.  相似文献   
27.
Stock market aversion? Political preferences and stock market participation   总被引:1,自引:0,他引:1  
We find that left-wing voters and politicians are less likely to invest in stocks, controlling for income, wealth, education, and other relevant factors. This finding from unique data sets in Finland is robust both at the zip code and at the individual level. A moderate left voter is 17–20% less likely to own stocks than a moderate right voter. The results are consistent with the idea that personal values are a factor in important investment decisions, in this case leading to “stock market aversion.” The results are inconsistent with alternative explanations such as wealth effects, risk aversion, reverse causality, return expectations, or social capital.  相似文献   
28.
This article engages in the debate on urban contentious politics by returning to the Tunisian revolution. In the article, I chart movements provoked by neoliberal restructurings, and show how these ultimately came together to form a mass movement demanding radical political change. I first describe the socio‐spatial roots of the Tunisian revolution to understand its dynamics. Based on the chronology of the unfolding events I sketch the classes, social groups and movements that coalesced against authoritarian rule in early 2011. Although the Tunisian revolution started in rural environments, I focus more specifically on the role of urban social movements in the uprising to link questions of urbanism to what were clearly national revolts. Secondly, I outline the scope of neoliberal reforms in Tunisia by looking at the impact of these reforms to chart the resulting emergence of contentious politics in response to the increasing violence that characterized all levels of economic life during this period. I also consider the resulting uneven development and the changing relations between the state and the different social classes. This enables me to reflect on the politicization of the city with the aim of opening up new opportunities for engaging with a more comparative and cosmopolitan theory about cities around the world.  相似文献   
29.
We build a small open economy New Keynesian dynamic stochastic general equilibrium model for South Africa similar to Steinbach et al. We abandon their assumption of complete risk sharing with the foreign economy, and introduce country risk shocks to allow deviations from uncovered interest rate parity. These changes allow us to include the exchange rate as an observable variable in the estimation of the model. Using forecast error variance decompositions and historical decompositions, we show that country risk shocks have sizable effects on the South African business cycle. We also explore the optimal monetary policy implications of our model within the context of Taylor rules.  相似文献   
30.
We complement the Sonnenschein–Mantel–Debreu results by establishing that an exchange economy, i.e., preferences and endowments, that generates a given aggregate excess demand (AED) function is close to the economy that generates a perturbation of this AED. As a consequence, genericity and determinacy results obtained by direct perturbation of an AED are as strong as results obtained by perturbing preferences and endowments.  相似文献   
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