ABSTRACT This paper examines whether occupational pension funds (OPFs) apply a strategic and long‐term logic when assessing ESG practices in their investee firms. Using discourse analysis of semi‐structured interviews with asset managers and workers' representatives, we examine whether Spanish OPFs look beyond compliance‐driven CSR and consider the ...
Manuel Moreno‐García +3 more
wiley +1 more source
The Association between the Volatility of Income and Life Expectancy in the United States. [PDF]
Ziff AL, Wiemers E, Hotz VJ.
europepmc +1 more source
Forecasting With Dynamic Factor Models Estimated by Partial Least Squares
ABSTRACT Dynamic factor models (DFMs) have found great success in nowcasting and short‐term macroeconomic forecasting when incorporating large sets of predictive information. The factor loadings are typically estimated cross‐sectionally with principal component analysis (PCA) or maximum likelihood (ML), which ignore whether the factors have predictive ...
Samuel Rauhala
wiley +1 more source
Analysis of the effects and mechanisms of carbon emission trading policies on the risk-taking behavior of high-carbon enterprises. [PDF]
Tian J +5 more
europepmc +1 more source
Point and Risk estImation Using an enSemble of Models for Nowcasting: PRISM‐Now
ABSTRACT We propose PRISM‐Now, a novel ensemble forecasting system for near‐term GDP projection. Recognizing that relevant economic information evolves over time, we treat forecasts from multiple base models as draws from a mixture distribution of “good” and “bad” estimates, whose composition changes continuously and cannot be identified ex ante.
Beomseok Seo, Hyungbae Cho, Dongjae Lee
wiley +1 more source
The impact of patent activity on idiosyncratic volatility in U.S. pharmaceutical companies. [PDF]
Atilgan E +4 more
europepmc +1 more source
Geopolitics and global strategy: Making money under anarchy
Abstract Research Summary Multinational firms conduct cross‐border trade and investment in a world of anarchy, where nation‐states must secure their survival in the absence of a world government. We develop a geopolitical‐economic order (GEO) framework to argue that the extent of geopolitical competition incentivizes states to create one of two types ...
Daniel J. Blake +2 more
wiley +1 more source
The effect of client-auditor mismatches on earnings management using classification shifting: Evidence from China. [PDF]
Luo S, Yu D, Jin S.
europepmc +1 more source
Evaluation of a Partial Ban on Rx‐Rebates in Germany
ABSTRACT We investigate patients' price sensitivity for prescription (Rx) drugs with regards to patronizing online or brick‐and‐mortar pharmacies. In doing so, we exploit a policy change in Germany that prohibited online pharmacies from granting rebates to one part of the population, the members of the statutory health insurance scheme.
Maximilian M. Gail +3 more
wiley +1 more source
A Cross-Modal Temporal Alignment Framework for Artificial Intelligence-Driven Sensing in Multilingual Risk Monitoring. [PDF]
Sun H +6 more
europepmc +1 more source

