This study investigates whether peer firms affect corporate investment policies, using accounting and stock market data of Chinese manufacturing firms over the period 1999-2013

This paper examines the effects of privatizing pay-as-you-go public pensions on economic and welfare responses to aggregate productivity shocks

This study investigates the relationship between product market competition and market value of innovation using firm-level patent data of US firms over the period 1977-2005

This study considers the role of ownership in consumer choice of service providers in mixed-ownership industries

This study investigates the relation between market liquidity of firms’ shares and their propensity to raise debt in funding large investment requirements

This study investigates how firms meet exceptional financing needs at the time of “investment spikes” or years with unusually large investment programs, and finds that the financing of investment during an investment spike differs from that at other

This paper proposes the metric for a financial fragility index for Chinese banking sector This metric is a weighted average of two variables: multiple probability of default and bank profitability

We measured gender differences in preferences for mate income ex-ante to interaction (“income attraction”) in a field experiment on one of China’s largest online dating websites

This article revisits the Lucas illustration of the Quantity Theory of Money (QTM) and investigates whether it holds in the US monetary market

We investigate the effects of monetary uncertainty on the aggregate economy, especially default