Using big datasets from four diverse sources, of both suppliers and facilitators or recipients of digital payment platforms, we conduct a comprehensive analysis of the impact of unexpected demonetization in India on payment digitization. The drying-up of cash due to demonetization leads to a...

This paper provides evidence on the positive impact of rank-and-file employees' relative wages on corporate innovation in terms of patent quantity and quality. This impact is reinforced in firms with a large proportion of skilled employees and a high R&D intensity, thereby confirming the...

This paper examines a possible connection between China's massive rural to urban migration and high chemical fertilizer use rates during the late 1980s and 1990s. Using panel data on villages in rural China (1987-2002), we find that labor out-migration and fertilizer use per hectare are...

We study the effect of supplier firms’ atomistic ownership structure on trade credit provision. We find that atomistic-shareholder (AS) firms, which are characterized by the absence of a controlling family shareholder, provide more trade credit than matched firms controlled by founding...

This study examines whether and how climate threats (droughts) affect the innovation activities of firms in food industries around the world. We find that firms in countries with a less positive Palmer Drought Severity Index (PDSI), i.e., more drought-like conditions, file more patents and that...

This paper conducts a laboratory experiment to assess the impact of social comparisons on the disposition effect. We set up two types of interventions on social comparisons to specifically explore two questions that appeal to us: on the one hand, manipulating the sensitivity of financial...

The paper published in the January 2015 issue of this journal by Gusmano and colleagues entitled “Shanghai rising: health improvements as measured by avoidable mortality since 2000” has spurred this commentary. We discuss controversial issues surrounding the concept of avoidable mortality in...

The economy-wide implications of climate change on agricultural sectors in 2050 are estimated using a static computable general equilibrium model. Peculiar to this exercise is the coupling of the economic model with a climatic model forecasting temperature increase in the relevant year and with...

To reduce the gender gap in academia, National Science Foundation in China raised the age limit for female applicants in Young Scientists Fund from 35 to 40 years old in 2011 while keeping that for males unchanged. Although it encourages applications from newly-eligible scientists, female...