Results 211 to 220 of about 47,560 (302)
Worker Heterogeneity and the Effect of Noncompetes on Firm Performance
ABSTRACT Using staggered state‐level changes in noncompete enforceability, we document that reduced enforcement increases profitability, valuation, productivity, and plant‐level growth in knowledge‐worker‐intensive firms relative to other firms. Critically, these gains are concentrated among the most productive knowledge‐worker firms, consistent with ...
Zhaozhao He, Modupe Babajide Wintoki
wiley +1 more source
Insurance participation, equity pledge and stock price crash risk: Evidence from China. [PDF]
Hao F.
europepmc +1 more source
The expected inflation risk premium in the U.S. stock market
Abstract This article studies how expected inflation risk affects asset prices. We propose an ex‐ante, tradable proxy for this risk, derived from the term spread of gold futures prices. Using cross‐sectional and time series asset pricing tests, we show how an increase in expected inflation risk lowers contemporaneous prices and raises equity returns ...
Pascal Letourneau +2 more
wiley +1 more source
The Effects of Regulatory Office Closures on Bank Behavior
Abstract We investigate if the decentralized structure of regulatory office networks influences supervisory outcomes and bank behavior. Following the closure of an office, banks previously supervised by that office increase their lending and risk‐taking.
IVAN LIM, JENS HAGENDORFF, SETH ARMITAGE
wiley +1 more source
Unequal and Unstable: Income Inequality and Bank Risk
Abstract We present a model in which income inequality interacts with banks' risk‐taking incentives, generating financial instability. Competition and deposit insurance cause some banks to lend to lower‐income borrowers at underpriced rates, creating “risky banks” that fail in downturns, while others lend to higher‐income borrowers and avoid default ...
YULIYAN MITKOV, ULRICH SCHÜWER
wiley +1 more source
The stronger the ability, the greater the destructiveness? CEO ability and stock price crash risk. [PDF]
Chen L, Du Y.
europepmc +1 more source
ABSTRACT The agroecological practices of ethnic minority farmers in Vietnam's northern uplands are being reshaped by intersecting pressures of land‐use reform, market integration, and state‐backed crop promotion. Among Hmong communities in the south of Lào Cai Province (former Yên Bái Province) cinnamon was once valued primarily for its medicinal ...
Mélie Monnerat, Sarah Turner
wiley +1 more source
ABSTRACT Objective To assess the prevalence of independent money management (IMM) versus joint management among Eastern and Western German couples and examine how partners' relative income and wealth relate to IMM across regional contexts. Background IMM is often linked to contexts with higher levels of gender equality and greater resource equality ...
Agnieszka Althaber +2 more
wiley +1 more source
Guaranteed Basic Income from the Perspective of Self‐Determination Theory
Abstract In capitalistic societies the concepts of income and labour are inseparable, and as such, providing all citizens with an unconditional living wage is a contentious issue. Capitalist ideals that emphasize individual effort, competition, and financial prosperity have spurred tremendous economic growth but underestimate human motivation and have ...
Joshua L. Howard
wiley +1 more source

