Hoarding of International Reserves: Mrs Machlup’s Wardrobe and the Joneses [PDF]
Motivated by the observed international reserve hoarding behavior in the post-1997 crisis period, we explore the Mrs Machlup’s wardrobe hypothesis and the related keeping up with the Joneses argument.
Xingwang Qian, Yin-Wong Cheung
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State intervention, local indebtedness, investment overheating and their systemic background during global crisis in China [PDF]
, 2013 This paper focuses on the immediate economic and systemic reasons of steadily increasing local government indebtedness and investment overheating in China.
Csanádi, Mária
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Stock price crash risk and military connected board: Evidence from Thailand. [PDF]
PLoS One, 2023 Treepongkaruna S +2 more
europepmc +1 more source
Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts [PDF]
The paper elicits a mechanism by which private leverage choices exhibit strategic complementarities through the reaction of monetary policy. When everyone engages in maturity transformation, authorities have little choice but facilitating refinancing. In
Emmanuel Farhi, Jean Tirole
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Storing, Not Reading: Investigating the Link Between Upward Social Comparison via Social Media and Digital Hoarding Behavior in Chinese Youth. [PDF]
Psychol Res Behav Manag, 2023 Liu Y, Chi X, Xin X.
europepmc +1 more source
Firms' exposures on COVID-19 and stock price crash risk: Evidence from China. [PDF]
Financ Res Lett, 2023 Kong X, Jin Y, Liu L, Xu J.
europepmc +1 more source
Can digital transformation reduce corporate stock price crashes? [PDF]
PLoS One, 2023 Zhao X, Li X, Ren C.
europepmc +1 more source
How University Endowments Respond to Financial Market Shocks: Evidence and Implications [PDF]
Endowment payouts have become an increasingly important component of universities’ revenues in recent decades. We test two leading theories of endowment payouts: (1) universities smooth endowment payouts, or (2) universities use endowments as self ...
Jeffrey Brown +3 more
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COVID-19, a blessing in disguise for the Tech sector: Evidence from stock price crash risk. [PDF]
Res Int Bus Finance, 2023 Hossain AT, Masum AA, Xu J.
europepmc +1 more source
The executive pay gap and stock price crash risk: Promotion or suppression? [PDF]
Front Psychol, 2022 Liu Q, Pan Z.
europepmc +1 more source