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incentives of US managers to adopt riskier business policies. Specifically, based on the agency problems between shareholders and … managers and between shareholders and creditors, a research framework is developed to identify the influence of low interest … rates on managers’ risk-taking incentives proxied by the sensitivity of executive compensation to stock return volatility …
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existence of networks that support women's rise and the governance of the central bank. The analysis uses new panel data that … women and the central bank has more independence …
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We construct a new dataset on the presence of women on central bank monetary policy committees for a set of 103 … countries, over the period 2002-2016. We document an increasing share of women in monetary policy committees, which is mainly … associated with a higher overall presence of women in central banks and less so with other institutional factors or country …
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