Showing 1 - 10 of 112
In this paper, we assess the success of the ongoing financial system reforms in China by investigating the extent to … Chinese corporate sector, and analyze whether incoming foreign investment in China plays an important role in alleviating …
Persistent link: https://www.econbiz.de/10011025983
This paper examines the impact of financial constraints on innovation for established firms. We make use of a qualitative indicator of the existence of financial constraints based on firms' own assessment obtained thanks to a French specific survey. Thus, the existence of financial constraints...
Persistent link: https://www.econbiz.de/10010750851
This paper studies empirically the link between remittances and growth volatility by examining the impact of remittances on the propagation of real and monetary shocks. This study is conducted by employing dynamic panel generalized method of moment (GMM) technique for a sample of 63 countries...
Persistent link: https://www.econbiz.de/10010738454
We examine how moral hazard impacts risk-sharing when risk-taking can be part of the mechanism design. In a two-agent model with binary effort, we show that moral hazard always increases risk-taking (that is the amount of wealth invested in a risky project) whereas the effect on risk-sharing...
Persistent link: https://www.econbiz.de/10008794403
When one's treatment status affects the outcomes of others, experimental data are not sufficient to identify a treatment causal impact. In order to account for peer effects in program response, we use a social network model. We estimate and validate the model on experimental data collected for...
Persistent link: https://www.econbiz.de/10010933909
In the paper, we study a model of influence in a social network. It is assumed that each player has an inclination to say YES or NO which, due to influence of other players, may be different from the decision of the player. The point of departure here is the concept of the Hoede-Bakker index -...
Persistent link: https://www.econbiz.de/10010603931
The paper concerns a model of influence in which agents make their decisions on a certain issue. It is assumed that each agent is inclined to make a particular decision, but due to a possible influence of the others, his final decision may be different from his initial inclination. Since in...
Persistent link: https://www.econbiz.de/10010605336
The paper concerns a model of influence in which agents make their decisions on a certain issue. We assume that each agent is inclined to make a particular decision, but due to a possible influence of the others, his final decision may be different from his initial inclination. Since in reality...
Persistent link: https://www.econbiz.de/10010898370
Since 2003, a grass-roots movement of New Rural Reconstruction (NRR) has emerged in China to experience alternative … village of south China, where organic farming is promoted by means of basketball game. An in-depth household survey is … results, we conclude that organic farming is suitable but challenging for small villages in China, while social activity is a …
Persistent link: https://www.econbiz.de/10010899687
The paper concerns a model of influence in which agents make their decisions on a certain issue. We assume that each agent is inclined to make a particular decision, but due to a possible influence of the others, his final decision may be different from his initial inclination. Since in reality...
Persistent link: https://www.econbiz.de/10010784105