Abstract Much research has recently been devoted to understanding the effects of party incumbency following close elections, typically using a regression discontinuity design. Researchers have demonstrated that close elections in the US House of Representatives may systematically favor certain...

American public sector unions and collective bargaining have been subjected to a vicious attack under the auspices of balancing government budgets, promoting "equity" between private and public employees and limiting the impact of "special interests" on government policy. The American and world...

This study is to explore differences between banking systems in Taiwan and China. We propose to study and assess the cost and profit efficiencies of the commercial banks and their relationships with the scope economies. The empirical evidence shows that the banks in Taiwan are operated more...

This article investigates the dynamic and stochastic behaviour of the beta coefficient of the one-factor international capital market asset pricing model (ICAPM), and its implications for the pricing of stock markets at the country level and the forecasting of stock returns in global stock...