Showing 1 - 10 of 11,735
policy are investigated using panel data analysis. The result suggests that though foreign direct investment (FDI …
Persistent link: https://www.econbiz.de/10012259732
This research study examines the mediating role of cash holdings between the economic policy uncertainty (EPU) and corporate leverage relationship. Using stepwise regression analysis and annual firm-level data of 2,534 U.S. firms listed at NYSE over 1995-2018, we provide novel evidence that cash...
Persistent link: https://www.econbiz.de/10014500896
In this paper, we study development in a panel of 87 countries from 1970 to 2005. We focus on characterizing … as measured by GDP to that measured by the Human Development Index (HDI). We do so within a novel dynamic panel modelling … institutional quality. -- human development ; institutions ; dynamic panel modelling …
Persistent link: https://www.econbiz.de/10009011991
It is well known that shadow economy has many impacts on the economy and distorts competition. It is also known that shadow economy is hard to restrict without some repercussions regarding unemployment creation, investment distortions, economic growth, income distribution worsening, stock prices...
Persistent link: https://www.econbiz.de/10012928846
This paper investigates whether and how economic policy uncertainty affects corporate debt maturity. Using a large firm-level dataset for four European countries, we find that an increase in economic policy uncertainty is significantly associated with a shortened debt maturity. Moreover, the...
Persistent link: https://www.econbiz.de/10012814383
This paper investigates whether and how economic policy uncertainty affects corporate debt maturity. Using a cross-country firm-level dataset for France, Germany, Spain, and Italy from 1996 to 2010, we find that an increase in economic policy uncertainty is significantly associated with a...
Persistent link: https://www.econbiz.de/10012210022
This paper describes the empirical evidence on partisan politics in OECD panel studies. I elaborate on the research …. Discussing about 100 panel data studies, the results indicate that leftwing and rightwing governments pursued different economic …
Persistent link: https://www.econbiz.de/10011515448
This paper investigates the major drivers of governmental redistribution. We retest the Meltzer-Richard hypothesis and account for a plethora of political, institutional, and cultural forces that influence the scope of redistribution. Extended and harmonized data on effective redistribution...
Persistent link: https://www.econbiz.de/10011292307
This paper studies how economic policy uncertainty affects corporate capital structure for Chinese listed firms from 2003 to 2013. We show that when the degree of economic policy uncertainty increases, firms tend to lower their leverage ratios. However, firms that are from regions with lower...
Persistent link: https://www.econbiz.de/10013005330
Persistent link: https://www.econbiz.de/10012829816