We investigate whether prisons contribute to homophobia in the general population given that inmates’ informal code often ascribes low status to persons perceived as ``passive’’ homosexuals. First, using Australian longitudinal survey data, we establish that prison experience prompts a...

Inmates' informal code often ascribes low status to persons perceived as passive homosexuals. We use longitudinal data to investigate whether prison experience contributes to anti-gay beliefs. We find that prison experience prompts a higher level of anti-gay sentiments among males and their...

Inmates' informal code regulates their behavior and attitudes. We investigate whether prisons contribute to the spread of these norms to the general population using an exogenous shock of the Soviet amnesty of 1953, which released 1.2 million prisoners. We document the spread of prison norms in...

Price reform is an important item in the reform of the Chinese economic system. The changes in the relations between interests brought about by the reform touch almost every corner of economic life. Therefore, we need to conduct a penetrating analysis of an entire series of problems involved in...

This study aims to provide an in-depth understanding of the BRICs’ ADR markets with respect to their linkages with the corresponding economic fundamentals. Specifically, the paper attempts to explore the (a) long run relationship and (b) short run lead-lag relationship between the ADR market...

This study investigates the Chinese Lunar New Year (CLNY) holiday effect in major Asian stock markets. These are China, Hong Kong, Japan, Malaysia, South Korea and Taiwan. For robustness test, India is also examined in this paper. Daily stock index returns for each market are analysed for the...