Results 111 to 120 of about 11,718 (208)

Institutional Diversity in Banking and Economic Complexity

open access: yesInternational Journal of Finance &Economics, EarlyView.
ABSTRACT In this paper, we test whether institutional diversity in banking systems is beneficial to economic complexity, using data for Italian provinces in the period 1998–2017. We compute different indexes that consider diversity from an ownership, institutional, business model and competition point of view and find that higher diversity has a ...
Beniamino Pisicoli
wiley   +1 more source

Carbon Performance, Climate Governance, and Equity Risk

open access: yesInternational Journal of Finance &Economics, EarlyView.
ABSTRACTThis paper examines the relationship between carbon performance, climate governance, and equity risk. Using a sample of companies listed in the S&P500 index for the period 2009–2023, our results show that better carbon performance reduces equity risk, indicating that proactive carbon management reduces uncertainty and is beneficial to firms ...
Irma Malafronte   +2 more
wiley   +1 more source

Exchange Rates and Sovereign Risk: A Nonlinear Approach Based on Local Gaussian Correlations

open access: yesInternational Journal of Finance &Economics, EarlyView.
ABSTRACT We empirically assess the interlinkages between sovereign risk, measured in terms of CDS spreads, and exchange rates for a sample of emerging markets. Our period of analysis includes episodes of severe stress, such as the Global Financial Crisis, the COVID‐19 pandemic, and the Ukrainian War.
Reinhold Heinlein   +2 more
wiley   +1 more source

Deniers and Compliers: Unpacking the Heterogeneous Effectiveness of U.S. Stay‐at‐Home Mandates During the COVID‐19 Pandemic

open access: yesJournal of Applied Econometrics, EarlyView.
ABSTRACT While existing work shows COVID‐19 stay‐at‐home (SAH) policies decreased mobility on average, we lack evidence regarding heterogeneity in policy effectiveness across US counties. To uncover potential heterogeneity, we implement a novel two‐stage approach.
James Sears   +5 more
wiley   +1 more source

A Tale of Two Transitions: Mobility Dynamics in China and Russia After Central Planning

open access: yesJournal of Applied Econometrics, EarlyView.
ABSTRACT This paper examines intergenerational mobility in China and Russia during their transitions from central planning to market systems. We consider mobility as movement, measured as changes in status between parents and children. We provide estimates of two key mobility measures: overall mobility, which captures total intergenerational movement ...
Kristina Butaeva   +3 more
wiley   +1 more source

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