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Hope as Aspirations, Agency, and Pathways : Poverty Dynamics and Microfinance in Oaxaca, Mexico
Lybbert, Travis J. - 2016
experimental study based on a hope intervention in Oaxaca, Mexico among 601 indigenous women with access to microfinance loans. Our …
Persistent link: https://www.econbiz.de/10012456019
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Anger and Regulation
Tella, Rafael Di - 2009
We propose a model where voters experience an emotional cost when they observe a firm that has displayed insufficient concern for other people's welfare (altruism) in the process of making high profits. Even with few truly altruistic firms, an equilibrium may emerge where all firms pretend to be...
Persistent link: https://www.econbiz.de/10012463448
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Exchange Rate Volatility and First-Time Entry by Multinational Firms
Russ, Katheryn Niles - 2007
Using a model with upfront sunk costs, heterogeneous firms, and endogenous exchange rates, this paper demonstrates theoretically that volatility in fundamental variables such as the nominal interest rate that drive exchange rate volatility can simultaneously impact the entry behavior of...
Persistent link: https://www.econbiz.de/10012465038
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Innovation, firm dynamics, and international trade
Atkeson, Andrew - 2007
We present a general equilibrium model of the decisions of firms to innovate and to engage in international trade. We use the model to analyze the impact of a reduction in international trade costs on firms' process and product innovative activity. We first show analytically that if all firms...
Persistent link: https://www.econbiz.de/10012465324
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Do Publicly Traded Corporations Act in the Public Interest?
Gordon, Roger H. - 1990
Models of corporate behavior normally assume that a firm acts in the interest of shareholders, and that shareholders care only about the returns they receive on the shares they own in that firm. But shareholders should also care about the effects of a manager's decisions on the value of shares...
Persistent link: https://www.econbiz.de/10012475732
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Patent Disclosure in Standard Setting
Ganglmair, Bernhard - 2012
In a model of industry standard setting with private information about firms' intellectual property, we analyze (a) firms' incentives to contribute to the development and improvement of a standard, and (b) firms' decision to disclose the existence of relevant intellectual property to other...
Persistent link: https://www.econbiz.de/10012460660
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The Dynamics of Firm Lobbying
Kerr, William R. - 2011
We study the determinants of the dynamics of firm lobbying behavior using a panel data set covering 1998-2006. Our data exhibit three striking facts: (i) few firms lobby, (ii) lobbying status is strongly associated with firm size, and (iii) lobbying status is highly persistent over time....
Persistent link: https://www.econbiz.de/10012461081
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Modeling Managers As EPS Maximizers
Ben-David, Itzhak; Chinco, Alexander M. - National Bureau of Economic Research - 2023
Textbook theory assumes that firm managers maximize the net present value of future cash flows. But when you ask them …
Persistent link: https://www.econbiz.de/10014250143
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Trade, Innovation and Firm Financing
Bergin, Paul R.; Feng, Ling; Lin, Ching-Yi - National Bureau of Economic Research - 2024
While the trade literature has tended to view export activity and innovation as complementary activities, we present evidence that financial constraints are a reason the two activities can act as substitutes for small exporters. In particular, we find that small exporters have lower expenditure...
Persistent link: https://www.econbiz.de/10015072846
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Mining and Quasi-Option Value
Costello, Christopher - 2015
damage. As expected, when the environmental damage from mining is known, the socially optimal timing will depend on the … mining until better information arrives. We show conditions under which it is optimal to postpone the mining decision … marginal mine owner is completely indifferent between mining immediately and at any point in the future. Thus, for our problem …
Persistent link: https://www.econbiz.de/10012457342