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Persistent link: https://www.econbiz.de/10011573984
We examine whether the introduction of the euro had a significant impact on the synchronization of business cycles among members of Economic and Monetary Union (EMU). Empirical evidence on this relationship is rare so far and suffers from methodical weaknesses, such as the absence of time...
Persistent link: https://www.econbiz.de/10011118002
Microcredit, a financial tool providing uncollateralized loans to low-income individuals, has seen a shift from joint-liability (JL) to individual liabil- ity (IL) lending models. This article tests a theory explaining this shift, focusing on borrowers matching into groups exposed to similar...
Persistent link: https://www.econbiz.de/10015271329
/methodology/approach – The relationship between FPI and FDI are modeled using simultaneous equations approach to take potential endogeneity in to …
Persistent link: https://www.econbiz.de/10014866972
two-stage least-squares method to remove the influence of endogeneity in the number of bid participants, which, according …
Persistent link: https://www.econbiz.de/10014868963
Purpose – This paper aims to investigate the effects of using poor-quality instruments to remedy endogeneity in logit …-based demand models. Endogeneity problems in demand models occur when certain factors, unobserved by the researcher, affect both … reputation might result in higher prices for a product and higher demand for that product. If not addressed properly, endogeneity …
Persistent link: https://www.econbiz.de/10014881876
Purpose The purpose of this study is to analyze the contribution of the paper by Martin and Gomez-Mejia and propose complementary approaches and ways to test their hypotheses. Design/methodology/approach This study compares different theoretical approaches that complement socioemotional wealth...
Persistent link: https://www.econbiz.de/10014950204
Purpose – Previous empirical studies on the nature of the relationship between ownership and corporate value have produced mixed results. Meanwhile, effective management of knowledge‐based intellectual capital has become a key factor to corporate success, both in firm performance and...
Persistent link: https://www.econbiz.de/10014875599
relation with environmental performance. To address the endogeneity problem, a difference-in-differences test with propensity … with difference-in-differences test to tackle endogeneity in the relation between performance and disclosure.  …
Persistent link: https://www.econbiz.de/10014936926
The paper discusses the major identi…fication issue of coherency conditions in LDVmodels with endogeneity and flexible …
Persistent link: https://www.econbiz.de/10008911509