Abstract Using newly collected discount rate data for six Swiss cities from 1846 to 1893, we find no evidence of increasing integration during a 30‐year period of lightly regulated free banking. We attribute this to two structural issues: banks had incentives to ward off competitors by protecting their local monopolies or forming cartels, and there was
Daniel Kaufmann, Rebecca Stuart
wiley +1 more source
Equalization of basic public services enabled by digitization: A study of mechanism and heterogeneity. [PDF]
Huang H, Zhang Z.
europepmc +1 more source
Rich Dad Poor Dad? CEO Private School Background and Firm Risk
ABSTRACT We examine the effect of CEO childhood socioeconomic status (SES) on firm risk. Using hand‐collected data on US CEOs' private high‐school attendance as proxy for high‐SES, we find that firms led by high‐SES CEOs exhibit 5.35% lower firm risk. This effect diminishes with CEO tenure, analyst coverage, and institutional ownership, consistent with
Yifei Bi, Christos Mavrovitis, Chen Yang
wiley +1 more source
Unveiling nonlinear effects of Digital Inclusive Finance on urban-rural integration: A threshold panel analysis of China. [PDF]
Song Y, Cao Y, Zhuo Z, Yang F.
europepmc +1 more source
ABSTRACT Hybrid CFRP/GFRP laminates offer an attractive balance between mechanical performance, damage tolerance, and cost efficiency. However, fiber bridging during mode I delamination increases crack‐growth resistance while masking the intrinsic fatigue behavior of the material. This study applies a traction–separation‐based superposition approach to
Francisco Maciel Monticeli
wiley +1 more source
Has urban public service equalization reduced regional differences in economic resilience? [PDF]
Wang S, Zhang Q, Sun M, Teng Y.
europepmc +1 more source
ABSTRACT We examine how US cross‑listing shapes the sensitivity of non‑US firms’ home‑market liquidity to economic policy uncertainty (EPU). Using a matched global panel of 1894 American Depositary Receipts (ADRs) and comparable non‐cross‑listed firms from 20 countries between 1997 and 2024, we separately identify the effects of home‑country EPU and US
Fnu Pratima, Sanjiv Sabherwal
wiley +1 more source
Research on the impact and mechanism of local governments' land conveyance behavior on urban-rural integrated development-Empirical evidence from 281 prefecture-level cities in China. [PDF]
Zeng L, Peng B, Xie J.
europepmc +1 more source
Do Parents Propagate Inequality Among Children? Evidence From Chinese and Swedish Twins
ABSTRACT Economists have long studied how parental behavior shapes within‐family inequality, yet empirical findings remain mixed. Using twins data from China and Sweden, we examine the predominant mechanisms reported in the literature. Parents in both countries invest similarly during childhood.
Aiday Sikhova +2 more
wiley +1 more source
How Public Service Accessibility Affects Health of Migrants: Evidence from China. [PDF]
Li J, Wang Y.
europepmc +1 more source

