Results 241 to 250 of about 75,209 (304)

‘This Is Not Europe’: Investigating the Commission's Anti‐Populist Articulation of ‘European Values’

open access: yesJCMS: Journal of Common Market Studies, EarlyView.
Abstract Whilst ‘populism’ is often considered antithetical to ‘European values’, how this contrast shapes the very meaning of such ‘values’ remains underexplored. This article investigates the European Commission's anti‐populist articulation of ‘European values’, which constructs ‘populism’ as their constitutive outside.
Alex Yates
wiley   +1 more source

Does legal protection of trade secrets reduce the cost of debt? Evidence from the inevitable disclosure doctrine

open access: yesJournal of Financial Research, EarlyView.
Abstract We examine the effect of the inevitable disclosure doctrine (IDD) on cost of debt. Our difference‐in‐differences analyses reveal that the IDD significantly reduces the loan spread for borrowers in adopting states. To elucidate the mechanisms of such finding, we find that the IDD's effect is weaker in industries with high management turnover ...
Haiyan Jiang   +2 more
wiley   +1 more source

Interest Rate Pegs and the Reversal Puzzle: On the Role of Anticipation

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract We revisit the reversal puzzle: a counterintuitive contraction of inflation in response to an interest rate peg. We show that its occurrence is intimately related to the degree of agents' anticipation. If agents perfectly anticipate the peg, reversals occur depending on the duration of the peg.
RAFAEL GERKE   +2 more
wiley   +1 more source

Marginal Propensity to Consume and Personal Characteristics: Evidence from Bank Transaction Data and Survey

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract The marginal propensity to consume (MPC) is heterogeneous and depends on liquidity, while liquidity is affected by both temporary circumstances and persistent characteristics. Using bank account transaction data and a survey of its account holders, this study aims to distinguish the sources of MPC heterogeneity.
KOZO UEDA
wiley   +1 more source

The Political Economy of Attention: Media Salience, Voter Cognition, and Electoral Accountability

open access: yesJournal of Economic Surveys, EarlyView.
ABSTRACT We review conceptual and empirical contributions to the political economy of attention, with a focus on how attention allocation shapes political behavior and electoral accountability. The review distinguishes between endogenous (goal‐directed) and exogenous (stimulus‐driven) attention and examines how these concepts are incorporated into ...
Patrick Balles   +2 more
wiley   +1 more source

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