The objective of this paper is to examine the empirical link between banking and financial system structure and economic growth, by constructing a cross‐country regression model using data over the 1970–1988 period, for a diverse set of countries. We extend the existing literature by...

There is evidence that risk-taking behavior is influenced by prior monetary gains and losses. When endowed with house money, people become more risk taking. This paper is the first to report a house money effect in a dynamic, financial setting. Using an experimental method, we compare market...

A fundamental unresolved issue is whether information asymmetries underlie investors’ predisposition to invest close to home (i.e., domestically or locally). We conduct experiments in the United States and Canada to investigate agents’ portfolio allocation decisions, controlling for the...

Reciprocity is reported in simple experiments even in the absence of reputation or the ability to sanction. This paper reports the results of an experiment (one-shot investment game) designed to shed light on the underlying forces that drive reciprocal behavior. We contend that reciprocity...

Purpose – The paper seeks to detail the formal and informal aspects of involving line managers in human resource management (HRM). Design/method/approach – The investigation was conducted by interviewing line managers at one work organisation. Findings – Formally, line managers state that...

Currently, there appears to be an unhealthy disjunction between grand expectations and acknowledged reality in the face of urban transformations underway throughout the world. Drawing on the “right to the city†discourses, adopting a Lefebvrian approach to the production of space, and...