"The home equity bias is one of the many puzzles existing in international finance. This puzzle is characterized by the …-Ortega tries to explain the effect of asymmetric information in the home equity bias puzzle. While asymmetric information helps to … also consistent with home equity bias reversals. One proposition generalizes these results. Simulations corroborate the …

delivery and regulation has adverse long-term effects on households. The term "quiet corruption" is introduced to indicate … service provision) that do not involve monetary exchange. The prevalence of quiet corruption and its long-term consequences …

"This paper examines the impact of reducing corruption and improving transparency to lower trade costs in the Asia … corruption. Results suggest that trade in the region would increase by 11 percent and global welfare would expand by …

"This paper assesses corruption levels and trends among countries in the transition countries of Eastern Europe and …. Data from firm surveys tend to show improvement in most types of administrative corruption, but little change in "state … capture" in the region. Broader, subjective corruption indicators tend to show somewhat greater improvement in ECA than in non …