搜索结果: 1-15 共查到“货币银行学 The Evidence”相关记录39条 . 查询时间(0.156 秒)
Does "Being Chosen to Lead" Induce Non-Selfish Behavior? Experimental Evidence on Reciprocity
Leaders Dictator Game Reciprocity Citizen-Candidate
2015/9/23
We present experimental evidence that policies chosen by leaders
depend on whether they were elected or appointed. Consistent with previous studies of
the “dictator game”, we find that unitary polic...
Learning by Doing with Asymmetric Information: Evidence from Prosper
Prosper；Asymmetric Information
2015/9/21
Using peer-to-peer (P2P) lending as an example, we show that learning by doing plays an
important role in alleviating the information asymmetry between market players. Although
the P2P platform (Pro...
Misallocation, Property Rights, and Access to Finance: Evidence from Within and Across Africa
Misallocation Firms Investor Rights Financing Obstacles MPK
2015/9/21
We study capital misallocation within and across 10 African countries using the World Bank
Enterprise Surveys. First, we compare the extent of misallocation among rms within countries. We document h...
Risk Sharing and Industrial Specialization: Regional and International Evidence
fi nancial integration regional specialization
2015/9/21
We investigate the empirical relation between risk sharing and specialization in production. We find that there is more risk sharing among regions within countries than among
countries and that...
Historical Evidence on the Benefits of Rules-Based Economic Policies
monetary fiscal policy
2015/8/3
The first luncheon was held in 1948 in Cleveland.2
Winthrop Aldrich spoke. He was
President of Chase National Bank, then the largest bank in the United States. Aldrich called his
talk “The Managem...
Momentum traders in the housing market: survey evidence and a search model
search model survey evidence
2015/7/23
This paper studies household beliefs during the recent US housing boom. The first part
presents evidence from the Michigan Survey of Consumers. To characterize the heterogeneity
in households’...
The last decade has seen a burst of micro price studies. Many studies analyze data underlying national CPIs and PPIs. Others focus on more granular sub-national grocery store data. We review these stu...
Ideas versus rival human capital: Industry evidence on growth models
Ideas Human capital Growth Industry data
2015/7/20
Using 1959D1991 growth rates for 449 4-digit US manufacturing industries, I test ÔideaÕ and Ôrival human capitalÕ models of endogenous growth. I Tnd the following: First, TFP growt...
OPTIMAL MANDATES AND THE WELFARE COST OF ASYMMETRIC INFORMATION: EVIDENCE FROM THE U.K. ANNUITY MARKET
Annuities contract choice adverse selection
2015/7/17
Much of the extensive empirical literature on insurance markets has focused on
whether adverse selection can be detected. Once detected, however, there has been
little attempt to quantify its welfar...
The Effect of Savings Accounts on Interpersonal Financial Relationships: Evidence from a Field Experiment in Rural Kenya
fi nancial access spillovers social insurance
2015/7/17
The welfare impact of expanding access to bank accounts depends on whether accounts crowd out pre-existing financial relationships, or whether private gains from accounts are shared within socia...
When Do Foreign Banks Finance Domestic Projects?New Evidence on the Importance of Legal and Financial Systems
International Finance Banks and Banking
2015/5/13
This paper analyzes how different legal and financial systems affect the composition of loan syndicates, and how the composition, in turn, affects loan pricing. In contrast with previous work on the a...
The Promise of Microfinance and Women's Empowerment:What Does the Evidence Say?
Entrepreneurship In Emerging Markets Entrepreneurship Gender Women's Empowerment
2015/5/12
The microfinance revolution has transformed access to financial services for low-income populations worldwide. As a result, it has become one of the most talked-about innovations in global development...
Decision Making Under Information Asymmetry:Experimental Evidence on Belief Refinements
Decision Choices and Conditions
2015/4/29
We explore how individuals make decisions in an operations management setting when there is information asymmetry between the firm and an outside investor. A common assumption in the signaling game li...
The Political Economy of Financial Innovation:Evidence from Local Governments
Financial Innovation Political Elections Financing and Loans Innovation and Invention
2015/4/29
We examine the toxic loans sold by investment banks to local governments. Using proprietary data, we show that politicians strategically use these products to increase chances of being re-elected. Con...
Housing Collateral,Credit Constraints and Entrepreneurship—Evidence from a Mortgage Reform
Entrepreneurship Mortgages
2015/4/28
We study how a mortgage reform that exogenously increased access to credit had an impact on entrepreneurship, using individual-level micro data from Denmark. The reform allows us to disentangle the ro...