The high concentration of the banking sector is a cross-border phenomenon that has a strong impact on local and global economies. The primary goal of this paper is to analyse the factors that affect concentration in banking systems around the world. The innovation of this paper is that it...

Purpose – The main goal of this paper is to analyze the effects of societal culture attributes on regional disparity. Design/methodology/approach – This paper uses cross-country data to identify the variables that determine the regional disparity and the gap between the richest and poorest...

Economic and financial researchers rarely use culture as an exploratory variable for economic and financial events. This paper explores the role of cultural attributes in a nation's welfare. First, we use a theoretical model to show that the higher a nation's long term orientation, the more it...

This research identifies mechanisms that could help achieve a deeper understanding of the abnormal compensation of CEOs. We construct a model in which the determination of compensation depends on three factors: the CEO's skills, the level of competition in the sector and the ownership structure...

The increasing number of local and regional conflicts around the world in the past several decades has led us to investigate the causes of war and coups. We used economic, cultural and demographic differences as explanatory variables in elucidating the causes of coups and wars between countries....

This article uses cross-country data to explore the role of cultural attributes in the inequality of income distribution and poverty within countries. Using the Hofstede cultural dimensions, we found that individualism is negatively correlated with the Gini index and the poverty ratio. We also...

The high concentration of the banking sector is a cross-border phenomenon that has a strong impact on local and global economies. The primary goal of this paper is to analyse the factors that affect concentration in banking systems around the world. The innovation of this paper is that it...

We show how networks modify the diffusion curve by affecting its symmetry. We demonstrate that a network's degree distribution has a significant impact on the contagion properties of the subsequent adoption process, and we propose a method for uncovering the degree distribution of the adopter...

In this paper, we propose an individual-level approach to diffusion and growth models. By , we refer to the unit of analysis, which is a single consumer (instead of segments or markets) and the use of granular sales data (daily) instead of smoothed (e.g., annual) data as is more commonly used in...

This article presents a simplified model for comparison of the spatial distribution (core—periphery) of economic activity resulting from free market conditions, with the distribution that would lead to a social optimum. It further examines the public policy measures required to lead the...