Results 111 to 120 of about 74,929 (327)
ABSTRACT How are capital and the family interconnected in contemporary capitalism? In this article, we argue that they come together in owning relations. By owning capital across generations, families bridge the temporal gap between the durability of capital and the finite lifespan of private property holders and thus resolve the problem of bona ...
Jens Beckert, Isabell Stamm
wiley +1 more source
Unnatural Wills: Inheritance Disputes and Inequality
ABSTRACT Within the conceptual frame of relational economic sociology, inheritance disputes are a canonical form of relational mismatch. But the social patterning of relational mismatches, and their various ties to inequality, remain murky. In this paper, I examine all known inheritance disputes in Dallas from 1895–1945 within their social context to ...
Shay O'Brien
wiley +1 more source
ABSTRACT We study a long‐horizon, oligopolistic market with random shocks to demand that can be arbitraged by two storage operators with finite capacity. This problem applies to any storable commodity—that is, most commodities. Because the arbitrage spread is so sensitive to market power, storage operators face strong incentives to restrain quantities ...
Sergei Balakin, Guillaume Roger
wiley +1 more source
A “Tech First” Approach to Foreign Policy? The Three Meanings of Tech Diplomacy
ABSTRACT Scholars have recently argued that international politics is plagued by instability as the world rapidly transitions from one crisis to another. This state of “Permacrisis,” or permanent crises between states, is driven by technological innovations which create new kinds of crises and drive competitions between adversarial states.
Ilan Manor
wiley +1 more source
Cash‐holding Benefits and Their Influence on Seasoned Equity Offering Decisions
This study investigates the cash‐holding motivations of issuers with excess cash. It aims to explain why these issuers choose to accumulate even more cash through stock issuances rather than utilize their existing surplus. I assess three competing cash‐holding motivation hypotheses: whether issuers raise cash: (i) to fund the needs of future growth ...
Ebrahim Bazrafshan
wiley +1 more source
ABSTRACT This paper investigates the relationship between ESG rating divergence and corporate excess cash holdings, employing a sample of Chinese A‐share listed companies from 2015 to 2021. Our findings reveal a significant positive relationship between ESG rating divergence and firms' excess cash holdings, a conclusion robust to various sensitivity ...
Qun Cao +3 more
wiley +1 more source
Global agricultural value chains and food prices
Abstract We study the relationship between the extent of participation in global agricultural value chains (GAVCs) and food prices at the country level. Using longitudinal data on a sample of 138 countries for the period 2000–2015 and a shift‐share instrumental variable design, we study how the extent of a country's participation in GAVCs in a given ...
Bernhard Dalheimer, Marc F. Bellemare
wiley +1 more source
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
core
Dynamism and Inertia on the Russian Labour Market: A Model of Segmentation [PDF]
This paper proposes an explanation of the puzzling coexistence of elements of inertia and dynamism on the Russian labour market using a segmentation model. Risk averse workers are differentiated according to their productivity.
Grosfeld, Irena +4 more
core
Can norm‐based information campaigns reduce corruption?
Abstract Can norm‐based information campaigns reduce corruption? Such campaigns use messaging about how people typically behave (descriptive norms) or ought to behave (injunctive norms). Drawing on survey and lab experiments in Ukraine, we unpack and evaluate the distinct effects of these two types of social norms.
Aaron Erlich, Jordan Gans‐Morse
wiley +1 more source

