Purpose This research studies the behavior choice of key actors in the construction supply chain and constructs a model which includes the benefit function of the government, contractors and owners, aiming at improving the coverage of green buildings. Design/methodology/approach In this paper,...

We consider a spatial model of bank competition to study how the diffusion of information technology affects competition in the lending market, stability of the banking sector, and social welfare. We find that the effects of an improvement in information technology depend on whether or not it...

We analyze the lending behavior of banks that benefit from a subsidized central bank liquidity provision (e.g., the ECB's LTRO). Utilizing a corporate finance-style model of bank monitoring and borrower moral hazard, we show that such provisions can soften banks' monitoring incentives and induce...

I study the effects of information technology (IT) progress in a model where stock prices aggregate speculators' information and guide firms' investments. Speculators with limited attention acquire more information about firms with larger investment capacities. IT progress (i.e., lowering...

We explore the significance of political connections vs. productivity for firms' domestic sales and export performance in developing countries, using the data from the listed firms in China's Shanghai and Shenzhen stock markets. We estimate firms' total factor productivity and manually build a...

We document a hump-shaped relation between corporate cash and both real and nominal interest rates in both aggregate and firm-level data. We rationalize this result in a model where firms finance investment with cash and risky debt. The risky rate rises endogenously with the risk-free rate,...

With cashless transactions gaining momentum in developing countries, understanding the impacts of payment-system development on the real economy becomes essential. In this paper, we exploit India's demonetization shock to estimate the degree of payment-system development in India and rely on a...

With the methods of qualitative analysis, induction and deduction, modes of key links in increase and decrease connection of urban and rural construction land are proposed in view of the involved three key links, namely reclamation of rural construction land, fund raising and management of...

Based on the brief description of the developmental status of social economy in Jiangsu Province, the index system including 16 indices contained in 5 subsystems is established according to the statistics from Jiangsu Statistical Yearbook-2009, the practical situation of Jiangsu Province and the...

We seek to develop a recommender system that takes into account supply chain constraints regarding the availability of a product while nudging the customers to purchase it. The motivation to study this problem was because a firm faced availability constraints for one of its products but the...