This study examines the drivers of growth in Asian countries, with focus on the role of investment, the exchange rate regime, financial risk, and capital account openness. We use a panel data set of a sample of Asian countries over the period 1980 to 2012. Our results indicate that private and...

This study examines the impact of promotion-based tournament incentives on corporate labor investment efficiency. We find that tournament incentives, measured as the pay gap between the CEO and the next layer of non-CEO senior executives, lead to inefficient labor investments, measured as the...

This study examines the impact of promotion-based tournament incentives on corporate labor investment efficiency. We find that tournament incentives, measured as the pay gap between the CEO and the next layer of non-CEO senior executives, lead to inefficient labor investments, measured as the...

Results from a large sample of individual Chinese investors demonstrate that they were more likely to trade stocks for short-term speculation after experiencing trauma such as natural disasters, serious illness, or death in their immediate family. They exhibited higher impulsivity, a greater...