搜索结果: 1-15 共查到“世界经济学 EVIDENCE FROM”相关记录36条 . 查询时间(0.21 秒)
ROE and Value Creation under IAS/IFRS: Evidence of Discordance from French Firms
Financial leverage IAS/IFRS Return on equity
2016/1/27
This paper re-examines the effects that adoption of the International Financial Reporting Standards (IFRS) has had on financial reporting of French listed firms. By analysing the 2004 financial statem...
Trade and Investment under Policy Uncertainty:Theory and Firm Evidence
Investment Trade Uncertainty Policy Agreements
2015/9/22
Using a dynamic, heterogeneous firms model with sunk costs of exporting we show that: (i) investment and entry into export markets is reduced when trade policy is uncertain and (ii) credible preferent...
Policy Uncertainty, Trade and Welfare:Theory and Evidence for China and the U.S.
Policy Uncertainty Trade Welfare China the U.S.
2015/9/22
We examine the impact of policy uncertainty on trade and real income through firms’ export investments in general equilibrium. We quantify the trade policy causes and welfare effects of China’s export...
Revising Commitments: Field Evidence on the Adjustment of Prior Choices
commitment hyperbolic preferences lab experiment
2015/9/18
We implement an artefactual field experiment in rural Malawi to study revisions
of prior choices regarding future income receipts. This allows examination of
intertemporal choice revision and its de...
Recruiting Intensity during and after the Great Recession: National and Industry Evidence
National Industry
2015/9/18
The number of unemployed persons per
vacancy more than tripled during the 2008–2009
recession. The ratio fell after July 2009 but
remains more than double its prerecession level
as of September 20...
Provide first evidence on link between managerial competence
and export performance to inform underlying mechanisms
Exploit unique data on management practices, balance sheets, and
comprehensive ...
CONTRACTING FOR GOVERNMENT SERVICES: THEORY AND EVIDENCE FROM U.S. CITIES
GOVERNMENT SERVICES EVIDENCE FROM
2015/7/21
Local governments can provide services with their own employees or by
contracting with private or public sector providers. We develop a model
of this ‘make-or-buy’ choice that highlights the trade-o...
Career Concerns and Staged Investment:Evidence from the Venture Capital Industry
Performance Efficiency Valuation Venture Capital Investment Decisions Motivation and Incentives
2015/5/13
I develop a model in which career concerns lead to inefficient reinvestment decisions. Managers have incentives to inflate interim returns by continuing bad projects and delaying write-offs. In the ve...
Managing Financial Policy:Evidence from the Financing of Major Investments
Managing Financial Policy Evidence Financing Major Investments
2015/5/13
How do managers set financial policy? This paper uses a sample of unconstrained firms making major investments to examine intended financial policy decisions. The analysis reveals that the financial p...
Poverty and Crime:Evidence from Rainfall and Trade Shocks in India
Rainfall Weather Crime Trade Liberalization Crime and Corruption Poverty India
2015/4/29
Does poverty lead to crime? We shed light on this question using two independent and exogenous shocks to household income in rural India: the dramatic reduction in import tariffs in the early 1990s an...
The Benefits of Selective Disclosure:Evidence from Private Firms
Finance Equity Private Companies Corporate Cash Hoarding Precautionary Motives Share Issuance IPOs
2015/4/29
I investigate an unexplored benefit of being privately-held: Non-SEC-filing private firms' ability to disclose confidential information to selected investors minimizes the scope for information asymme...
Divide and Rule or the Rule of the Divided? Evidence from Africa
Ethnicity Characteristics Development Economics Geography Government and Politics Africa
2015/4/24
We investigate jointly the importance of contemporary country-level institutional structures and local ethnic-specific pre-colonial institutions in shaping comparative regional development in Africa. ...
When to Sell Your Idea:Theory and Evidence from the Movie Industry
Decision Choices and Conditions Innovation and Invention Intellectual Property Mathematical Methods Sales Creativity Value Motion Pictures and Video Industry
2015/4/24
I study a model of investment and sale of ideas and test its empirical implications using a novel data set from the market for original movie ideas. Consistent with the theoretical results, I find tha...
We use highly disaggregated data on trade in capital goods to study differences in the price of capital across countries. This strategy is motivated by the fact that most countries import the bulk of ...
Are Patent Laws Harmful to Developing Countries? Evidence from China
Patent law Intellectual Property Rights TRIPS TFP Growth
2015/1/22
Has upgrading and enforcing its patent laws slowed China’s economic growth? The answer we draw from detailed analysis of provincial aggregate data covering roughly the period 1990 through 2007 is stro...