infonet-economy

Using a fast numerical technique, we investigate a large database of investor suboptimal nonexercise of short maturity American call options on dividend-paying stocks listed on the Dow Jones. The correct modelling of the discrete dividend is essential for a correct calculation of the early exercise boundary as confirmed by theoretical insights. Pricing with stochastic volatility and...

The concept of entrepreneurial orientation (EO) is universally applicable, and many empirical studies report a positive relationship between EO and performance in different national contexts. Empirical research, however, scarcely addresses which country-level contingencies affect the EO–performance link. Building on two secondorder factors of societal culture—performance-based...

This thesis explores the impact that two types of non-conventional barriers - non-tariff measures (NTMs) and cultural traits - have on trade. The first essay deals with the asymmetric impact that NTMs can have on trading partners and provides estimates of the bilateral effects of NTMs (in terms of ad valorem equivalents) across exporter-importer pairs. The second essay finds support...

This paper proposes an alternative explanation of Muslims’ endorsement of secular values based on their belonging to religious minorities. We argue that, contrary to what is often asserted in both the academic literature and the public debate, Muslims’ endorsement of secular values is not simply a matter of strong individual religiosity, but may also result from belonging to a...

Victime collatérale des conflits armés, source de tensions interétatiques, enjeu de prévention et outil de médiation, l’environnement fait son entrée dans le domaine de la sécurité internationale à la charge de l’ONU. Si les missions originelles en matière de sécurité internationale et son mandat fondamentalement polyvalent, incluant les problématiques environnementales, lui...

This book examines patterns of political engagement of long-term unemployed youth. The authors show how unemployment affects the personal, social, and political life of young people. Focusing on the case of Geneva in Switzerland, the study shows the importance of socioeconomic, relational, psychological, and institutional resources for the political engagement of unemployed youth....

The economic crisis that started in 2008 has negatively affected European nations to different degrees. The sudden rise in demonstrations particularly in those countries most hard hit by the crisis suggests that grievance theories, dismissed in favour of resource-based models since the 1970s, might have a role to play in explaining protest behaviour. While most previous studies have...