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Remittances from overseas can encourage human capital investment and improve educational outcomes in developing countries. Empirical studies, however, have shown mixed evidence at best. This paper uses a 5-year panel dataset that tracks the same 3,000 households and 8,000 individuals through...
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Employing a sample of 5,858 U.S. public firms from 1993 to 2017, this study documents robust evidence that firms that hold more trademarks enjoy a lower cost of equity, even after we control for other determinants of the cost of equity and industry-by-year fixed effects. To address endogeneity...
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China's infant crop insurance industry faces two, not mutually exclusive, challenges. The first challenge is operational and arises from the lack of historical crop yield data at the farm household or village level. The second problem relates to a possible disconnect between objective measures...
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