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Which incentives have the strongest impact on the size of the shadow economy? Is it about government's pressure against entrepreneurs operating in this sector, or is it about the benefits of legality? The goal of this paper is to explicitly contrast the role of sticks (court repressiveness) and...
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decision making and social preferences using unique experimental panel data collected just before and immediately after the … outbreak of COVID-19 in China. Exploiting the geographical variation in virus prevalence and unique dataset of longitudinal …
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Since its first occurance in January 2020 COVID-19 has spread globally. In order to contrain the COVID 19, China has …-asset investments as well as capital expendituers. To deal with this uncertainty, managers can adjust cash holdings based on their … investors to predict future cashholding and future investments. That is, managers with positive sentiment will accumulate cash …
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medical degree or medical-industry experience. Using the COVID-19 outbreak in China as a natural experiment, we find that …
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