motives, the roles and the consequences of the Jesuits as agents of information regarding China affected the European … and transmission of information. It finds that economic progress and political consolidation in Europe did result in a …

We develop a new theory of international capital flows based on dispersed in-formation across individual investors …-standing asset price behavior. We introduce information dispersion into an openeconomy dynamic general equilibrium portfolio choice … model, and emphasize twoimplications for capital flows that are speci…c to the presence of dispersed infor-mation. First …

This paper builds a new dataset on bank ownership and bank performance covering approximately 50,000 observations for … ownership and bank performance, providing separated estimations for developing and industrial countries. It is found that, while … ownership is strongly correlated with performance in developing countries, that ownership is not correlated with performance in …

decision on the business transfer mode rather depends on the expected future performance than on the past one. Moreover, family …, ambiguity about the future performance overrides the original intention and induces the incumbents to sell the business. …

We analyze the effect of self-confidence on performance using data from top-level profes- sional biathlon competitions … using weather conditions af- fecting performance on the skiing track as exogenous variation in confidence on the shooting … worse their performance is on the shooting range. In particular, we estimate an increase of 0.525 standard deviations in …

This contribution examines the effect of advantageous inequity on performance using data from top-level penalty kicking …