Results 191 to 200 of about 2,577 (299)

Private money and money market integration: The role of payments infrastructure in nineteenth‐century Switzerland

open access: yesThe Economic History Review, EarlyView.
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

Rich Dad Poor Dad? CEO Private School Background and Firm Risk

open access: yesEuropean Financial Management, EarlyView.
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

Quantifying Fiber Bridging in Mode I Fatigue Delamination of CFRP/GFRP Hybrid Laminates Using a Superposed Traction–Separation Model

open access: yesFatigue &Fracture of Engineering Materials &Structures, EarlyView.
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

Does the US Cross‐Listing of a Non‐US Stock Influence the Impact of Economic Policy Uncertainty on Stock Liquidity?

open access: yesFinancial Management, EarlyView.
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

Do Parents Propagate Inequality Among Children? Evidence From Chinese and Swedish Twins

open access: yesInternational Economic Review, EarlyView.
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

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