Results 131 to 140 of about 2,686 (218)

Flexible Contract, Flexible Morale? Microcredit Design and Repayment Discipline

open access: yesInternational Economic Review, EarlyView.
ABSTRACT Flexible repayment benefits borrowers, but practitioners fear increased moral hazard. Investigating their concerns requires disentangling repayment choices from repayment capacity, which is typically infeasible in field studies. We use a lab‐in‐the‐field experiment with 645 microcredit borrowers to cleanly identify the effect of repayment ...
Kristina Czura, Anett John, Lisa Spantig
wiley   +1 more source

The Short and the Long of It: Stock‐Flow Matching in the US Housing Market

open access: yesInternational Economic Review, EarlyView.
ABSTRACT From 2006 until 2020, the probability of selling a house in the U.S. declined sharply after listing for 2 weeks. Moreover, sales within the first 2 weeks of listing (“quick sales”) and sales happening afterward (“slow sales”) behaved differently over the housing cycle.
Eric Smith, Zoe Xie, Lei Fang
wiley   +1 more source

Entrepreneurship and Financial Deregulation

open access: yesInternational Economic Review, EarlyView.
ABSTRACT We quantitatively analyze the impact of US banking deregulation in the 1980s on the aggregate economy. Using recent econometric techniques, we first reexamine existing empirical evidence on the real effects of banking deregulation. We then construct a quantitative model that integrates imperfectly competitive banks into a general equilibrium ...
Toshihiko Mukoyama, Gang Zhang
wiley   +1 more source

From Open Banking Regulation to Platform Orchestration: The Evolution of Digital Platform Governance

open access: yesInformation Systems Journal, EarlyView.
ABSTRACT This study contributes to information systems (IS) scholarship by extending platform governance theory to regulatory contexts, explaining how regulatory forces co‐evolve with technological architectures to shape openness and control. This research examines the evolution of platform governance in the context of open banking, where regulatory ...
Priyadharshini Muthukannan   +3 more
wiley   +1 more source

Technocracy, Supranationalism and Right‐Wing Populism: The Variegated Sheltering of Western Assets in East Central European Countries

open access: yesJCMS: Journal of Common Market Studies, EarlyView.
Abstract After the Global Financial Crisis of 2008, European Union (EU) governance has become more tolerant towards national policy adaptation and experimentation. Right‐wing populist governments in East Central Europe (ECE) have used this increased flexibility amongst other things to develop various economically nationalist strategies to reassert ...
Gerhard Schnyder   +2 more
wiley   +1 more source

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