Results 131 to 140 of about 1,445 (218)

Liquidity Crises and the Market‐Maker of Last Resort

open access: yesJournal of Money, Credit and Banking, EarlyView.
Abstract We study market illiquidity in an economy subject to nonfundamental shocks. Asset trading occurs via decentralized bargaining. The model has multiple rational expectations equilibria; we associate certain Pareto‐inferior equilibria with liquidity crises.
CHARLES M. KAHN   +2 more
wiley   +1 more source

Tax Incentives for Small and Medium–Sized Enterprises: A Systematic Literature Review

open access: yesJournal of Economic Surveys, EarlyView.
ABSTRACT This paper presents a PRISMA‐guided systematic literature review of 91 studies analyzing tax incentives for small and medium‐sized enterprises (SMEs) and their stakeholders. Adopting an SME‐specific, instrument‐agnostic perspective, spanning both firm‐side and investor‐side incentives across multiple tax instruments, we identify three patterns.
Adam Lynch   +2 more
wiley   +1 more source

Partisan Entrepreneurship

open access: yesThe Journal of Finance, EarlyView.
ABSTRACT Republicans start more firms than Democrats. In a sample of 40 million party‐identified Americans between 2005 and 2017, we find that 5.5% of Republicans and 3.7% of Democrats become entrepreneurs. This partisan entrepreneurship gap is time‐varying—Republicans increase their relative entrepreneurship during Republican administrations and ...
JOSEPH ENGELBERG   +3 more
wiley   +1 more source

Hedger of Last Resort: Evidence from Brazilian FX Interventions, Local Credit, and Global Financial Cycles

open access: yesThe Journal of Finance, EarlyView.
ABSTRACT We show that FX interventions can be effective, particularly in attenuating global financial spillovers. We exploit global financial shocks and Brazilian central bank interventions in FX derivatives using three matched administrative registers: bank credit (to firms), foreign credit to banks, and employer‐employees. After the U.S.
RODRIGO BARBONE GONZALEZ   +3 more
wiley   +1 more source

Make Social Media Social Again: How Platform Interoperability Can Fix Social Media and Future‐Proof Democracy

open access: yesJournal of Management Studies, EarlyView.
Abstract This essay argues that social media document (rather than fuel) the decline of political democracy while helping revive organizational democracy, including through ‘decentralized autonomous organizations’ (DAOs). Yet, despite giving everyone a voice and the ability to organize across borders, social media could over‐concentrate power if, in ...
J.P. Vergne
wiley   +1 more source

Carbon Populism and Representative Politics: On Why Fossil Fuel Firms Speaking for ‘The People’ Is a Bad Idea

open access: yesJournal of Management Studies, EarlyView.
Abstract Despite growing recognition that countries around the world must transition to a low‐carbon economy, global greenhouse gas emissions continue to rise. One way that decarbonization has been obstructed, we argue, is by fossil fuel firms intentionally conflating their agenda with ‘the people’, evoking notions of national identity, security and ...
Daniel Nyberg   +3 more
wiley   +1 more source

Driven by risk: Understanding reference‐dependent preferences using simulated auto racing

open access: yesJournal of Risk and Insurance, EarlyView.
Abstract Using data from over 56,000 simulated auto races worldwide, we analyze risk‐taking at the margins, consistent with reference‐dependent preferences. We show that participants' risk‐taking changes when a desired intermittent outcome is presented, sometimes at the expense of a more favorable expected end state.
James Hilliard   +2 more
wiley   +1 more source

Beyond the Cut: Generative Refusal and the Reimagining of Jewish Affiliation in Contemporary Israel

open access: yesJournal for the Scientific Study of Religion, EarlyView.
ABSTRACT In Jewish‐Israeli society, circumcision (brit milah) carries far‐reaching significance, symbolizing both the covenant between god and the Jewish people and serving as a key marker of communal affiliation and cultural continuity. Drawing on in‐depth interviews with Jewish‐Israeli parents who have chosen not to circumcise their sons and using ...
Nina Rageth
wiley   +1 more source

Behavioral Factors in Tax Preparer and Tax Compliance Choices

open access: yesKyklos, EarlyView.
ABSTRACT What tax preparer characteristics are most important to taxpayers in their decision to use a tax preparer, and how does this choice of a tax preparer affect subsequent taxpayer compliance? We use laboratory experiments to examine these questions. We find that individuals in this environment simultaneously choose a preparer and their compliance
James Alm   +4 more
wiley   +1 more source

Searching for safety: Working conditions and policing in a US emergency department

open access: yesMedical Anthropology Quarterly, EarlyView.
Abstract In the United States, emergency departments aren't supposed to turn anyone away. They are the safety‐net of the safety‐net providing life‐saving care. Yet, what happens to healthcare when conditions are so strained that patients and staff lash out at each other? What happens when the safety net becomes a carceral net?
Fabián Luis C. Fernández
wiley   +1 more source

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