28/03/2005 |
Can Mutual Fund Managers Pick Stocks?
Malcolm Baker, Lubomir Litov, Jessica Wachter, and | NBER
"Average mutual fund managers show stock-picking skill, in the sense that the subsequent earnings announcement returns on their weight-increasing stocks are significantly higher than those on their weight-decreasing stocks." ...
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28/03/2005 |
Corporate Governance, Economic Entrenchment, and Growth
Randall Morck, Daniel Wolfenzon, and Bernard Yeung | NBER
"Control pyramids drive a wedge between the families' dominant control rights and the often-small amount of actual wealth invested in the companies they control." ...
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28/03/2005 |
Proteccionismo comercial
Aníbal Delgado | La Prensa (Ho)
No podemos concebir un programa de desarrollo nacional al margen de los procesos de integración económica. Los espacios geográficos reducidos no son apropiados para fundar sociedades florecientes. En la época moderna las naciones se unen para formar amplios mercados, complementar recursos y establecer regimenes de cooperación. ...
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27/03/2005 |
El dragón chino necesita petróleo
De Nuestra Redacción | Offnews.info
Cuando los índices del petróleo se disparan, las responsabilidades recaen sobre los mismos actores internacionales de siempre: la OPEP, Irak, Estados Unidos y las amenazas terroristas en los países productores. En medio de tanto ruido, un nuevo artífice ha irrumpido sigilosamente en escena: China. ...
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27/03/2005 |
El dragón chino necesita petróleo
De Nuestra Redacción | Offnews.info
Cuando los índices del petróleo se disparan, las responsabilidades recaen sobre los mismos actores internacionales de siempre: la OPEP, Irak, Estados Unidos y las amenazas terroristas en los países productores. En medio de tanto ruido, un nuevo artífice ha irrumpido sigilosamente en escena: China. ...
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26/03/2005 |
The 500-Mile-Per-Gallon Solution
Max Boot | Los Angeles Times
Soaring oil prices -- crude is over $55 a barrel and unleaded gasoline over $2 a gallon -- are not much of an economic or political issue. Yet. ...
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26/03/2005 |
India: A Hub for Globalization
Raghuram G. Rajan | The Globalist
India is a democratic, multi-cultural society with a free press. But is it ready to be a core part of a globally integrated economy? Instead of going through the familiar litany of strengths and weaknesses, Raghuram Rajan, the IMF's Chief Economist, asks: Which adjustments do Indians have to make in order to compete in global markets? He presents his views here in a private capacity — as a citizen of India. ...
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26/03/2005 |
The 500-Mile-Per-Gallon Solution
Max Boot | Los Angeles Times
Soaring oil prices -- crude is over $55 a barrel and unleaded gasoline over $2 a gallon -- are not much of an economic or political issue. Yet. ...
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26/03/2005 |
India: A Hub for Globalization
Raghuram G. Rajan | The Globalist
India is a democratic, multi-cultural society with a free press. But is it ready to be a core part of a globally integrated economy? Instead of going through the familiar litany of strengths and weaknesses, Raghuram Rajan, the IMF's Chief Economist, asks: Which adjustments do Indians have to make in order to compete in global markets? He presents his views here in a private capacity — as a citizen of India. ...
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23/03/2005 |
El Mito de la Baja Carga Tributaria en América Latina
Juan Carlos Hidalgo | El Cato
¿Pagamos pocos impuestos en América Latina? Eso es lo que se infiere de algunos organismos internacionales como el Banco Mundial y el Banco Interamericano de Desarrollo, los cuales insisten en que la carga tributaria en la región es baja. No obstante, una carga tributaria baja no implica necesariamente que el peso del Estado sobre los contribuyentes sea liviano. ...
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