Purpose: On the basis of corporate governance and agency cost theory, using the fifth sub-indicator of Fan et al. China Marketization Index as the regional investor protection index (IPI), the purpose of this paper is to explore the impact of equity incentives and regional investor protection...

Purpose: Housing prices in the UK offer an inspiring, yet a complex and under-explored research area. The purpose of this paper is to investigate the critical factors that affect UK’s housing prices. Design/methodology/approach: The authors utilize the recently developed nonlinear ARDL...

Purpose: The relationship between institutional quality and economic growth is revisited. Design/methodology/approach: A panel cointegration methodology and causality analysis are applied to 27 postsocialist economies over the period from 1996 to 2016. Findings: Utilizing the Worldwide...

Purpose: We investigate the impact of the strength of intellectual property (IP) institutions on Chinese outward foreign direct investment (OFDI). Design/methodology/approach: We use two different measures of IP on a sample of 21 European countries in the period 2003–2015. Panel quantile...

Purpose: The authors explore the impact of financialization on income inequality for a panel of 19 OECD countries over the period 2000–2017. The authors control for the effect of banking crises, credit market regulation and globalization, among other factors. Design/methodology/approach: The...

Purpose: Despite decades of research, the relationship between intellectual property rights (IPRs) and foreign direct investment (FDI) remains ambiguous. Using a recently developed patent enforcement index (along with a broader IPR index) and a large sectoral country-to-country FDI dataset, the...

This paper explores the relationship between innovations in payment systems and financial intermediation. By focusing on excess reserves and the currency demand, we provide evidence on the extant transmission mechanism. In this direction, we applied the generalized method of moments (GMM) and...