This paper examines the bilateral, source and host factors driving portfolio equity investment across a set of countries using International Monetary Fund’s new dataset on international equity holdings at the end of 1997, 2001 and 2002. The paper finds that the bilateral equity investment is strongly correlated with the underlying patterns of trade in goods and services. The information asymmet...

Abstract. We review the theory and evidence on venture capital (VC) and other private equity: why professional private equity exists, what private equity managers do with their portfolio companies, what returns they earn, who earns more and why, what determines the design of contracts signed between (i) private equity managers and their portfolio companies and (ii) private equity managers and t...

This paper studies a class of social welfare relations (SWRs) on the set of infinite utility streams. In particular, we examine the SWRs satisfying Q-Anonymity, an impartiality axiom stronger than Finite Anonymity, as well as Strong Pareto and a certain equity axiom. First, we characterize the extension of the generalized Lorenz SWR by combining Q-Anonymity with Strong Pareto and Pigou-Dalton E...

background: social health is important to be assessed as a dimension of health. in this study we tried to determine areas and sub-areas of children social health indicators.   methods: in a structured way, we reviewed the main social health databases and documents since 1995, both iranian and international were reviewed to develop conceptual framework and to extract indicators.   results: accor...

This paper examines bilateral and multilateral integration of equity markets of selected Central and Eastern European countries including Croatia, and German equity market for the period of January 2nd, 1997 to June 10th, 2005. Application of the Johansen cointegration procedure indicates existence of multilateral integration between equity markets of analyzed CEE economies, as well as between ...

S mall businesses form the foundation of most rural and urban economies. To grow and prosper, these enterprises need access to equity capital as well as the debt capital provided by traditional banking institutions. While debt markets function well in most rural places, rural equity markets tend to be unorganized or nonexistent (RUPRI Rural Finance Task Force). The impetus for the Rural Policy ...

This paper offers a quantitative description of European private equity markets and compares the recent development in these markets with the development of the US venture capital market. European markets for private equity vary considerably with respect to the investments in young high-technology enterprises, as well as with respect to the types of passive investors who invest capital in priva...

This special issue of the Journal is devoted to understanding the many roads that lead toward achieving health equity. The eleven articles in the issue portray an America that is struggling with the clash between its historical ideal of pursuing equality for all and its ambivalence toward achieving equity in all social domains, especially health. Organized in five sections, the issue contains a...