Riset ini bertujuan untuk menganalisis pengaruh debt equity ratio (DER), return on assets (ROA), dan firm size (FS) terhadap dividend payout (DPR) pada perusahaan terbuka yang terdaftar dalam indeks Kompas100 selama periode 2016–2019. Teknik pengambilan sampel riset menggunakan purposive sampling yaitu teknik dengan kriteria sebagai Kompas 100, membagikan dividen secara berturut-turut 2016 – 20...

This study aims to determine whether or not there is an effect of Debt Asset Ratio on Return Assets and Equity either partially simultaneously. The object this research PT Phapros Tbk. data used in open secondary data. Using a descriptive method the quantitative. variables are (X1) (X2) Retrun On (Y). From partial test no significant Assets. results simultaneous hypothesis testing together do s...

In a dynamically efficient economy, can a government roll its debt forever and avoid the need to raise taxes? In a series of examples of economies with zero growth, this paper shows that such Ponzi games may be infeasible even when the average rate of return on bonds is negative, and may be feasible even when the average rate of return on bonds is positive. The paper then reveals the structure ...

Penelitian ini bertujuan untuk mengetahui pengaruh Current Ratio, Quick dan Debt to Equity Ratio terhadap Kinerja Keuangan (ROA) pada Perusahaan Manufaktur periode 2016-2018. menggunakan metode kuantitatif data dikumpulkan melalui ICMD dari 12 perusahaan yang dipilh secara proposive sampling selama 3 tahun pelaporan analisis regresi linier berganda. Hasil berganda penelitian yaitu variabel (CR)...

Predicting pyrogenic carbon (PyC) or biochar stability from its precursor properties is critical for evaluating and managing terrestrial C stocks. Transmission mode Fourier transform infrared spectroscopy (FTIR) spectroscopy was compared with proximate analysis data and H/C and O/C for predicting C mineralization. PyC produced at 7 different temperatures from 6 different feedstocks, in addition...

This note presents a stylized model of monetary and fiscal policies in which policy regime evolves randomly according to a Markov chain. This simple model is designed to illustrate that well-defined and unique equilibria can exist even in such an environment. It also shows that under certain assumptions about policy behavior, tax disturbances can generate wealth effects in line with the fiscal ...

Estimating the effects of government debt and deficits on Treasury yields is complicated by the need to isolate the effects of fiscal policy from other influences. To abstract from the effects of the business cycle, and associated monetary policy actions, on debt, deficits, and interest rates, this paper studies the relationship between long-horizon expected government debt and deficits, measur...

Commercial mortgage default is modeled in two stages. First, a mortgage becomes delinquent, when the borrower stops making payments. Second, the delinquency is either reinstated (payments are resumed) or the lender forecloses. The results of the empirical estimations have implications for lenders’ monitoring functions. Lenders should use the critical variables of loan-to-value ratio, debt cover...

This paper empirically analyzes the effect of competition on rating quality under the "issuerpay" compensation scheme. Using hand-collected data of collateralized debt obligations (CDOs), we specify the competition among credit rating agencies with a discrete game framework and test its influence on the rating quality. We find that competition raised the probability of choosing lenient rating b...

We study optimal macroprudential policy in a model in which unconventional shocks, in the form of news about future fundamentals and regime changes in world interest rates, interact with collateral constraints in driving the dynamics of financial crises. These shocks strengthen incentives to borrow in good times (i.e. when “good news” about future fundamentals coincide with a low-world-interest...