The data on the current state of energy sector in Uzbekistan are presented. need to diversify structure republic’s balance is shown ensure security medium and long term. development extremely important for ensuring sustainable economic growth solving social problems state; as well modernization electrical system, oil gas sector, construction a nuclear power plant gradual transition renewable so...

A corporation’s ability to uphold valuable long-term investments is a critical component of the business’s sustainability. Combining views upper echelons theory and agency theory, this study argues that myopic managerial behavior detrimental firm’s investment. We construct an indicator assessing myopia based on textual analysis approach. The moderating effect suggested negative impact lessened ...

Analysing the factors that influence short-term investment intentions of investors is critical for institutions. If institutions are informed about these they can create a framework to more accurately profile their clients provide with desired liquidity, maturity dates and risk return expectations. Risk tolerance one elements has been used over time investors, however, this paper found other sh...

This paper examines the migration response to a millionaire tax in New Jersey, which raised its income tax rate on top earners by 2.6 percentage points to 8.97 percent, one of the highest tax rates in the country. Drawing on unique state tax micro-data, we estimate the migration response of millionaires to the rate increase, using a difference-in-differences estimation strategy. The results ind...

Conley and Wilkie (1993) introduced and axiomatized the Nash extension bargaining solution, defined on a domain of comprehensive but not necessarily convex problems. In this paper we present a non-cooperative game that implements the Nash extension solution in subgame perfect equilibria in the limit as the discount rate applied between rounds of play vanishes. Journal of Economic Literature Cla...

This paper studies intertemporal investment strategies under inflation risk by extending Merton’s intertemporal framework (1973) to include a stochastic price index. The stochastic price index gives rise to both real and nominal terms of valuation: agents maximize their utility of consumption in real terms while investment activities and wealth evolution are evaluated in nominal terms. We inclu...