Recently, there has been a rapid increase in development and use of Transportation Order Applications (TOA) in Indonesia. However, some TOA provider finally close their service because their customer move to the others TOA provider. Therefore, this research is aimed to test the Expectation...

Does multiple borrowing lead micro-borrowers into over-indebtednes? Do over-indebted micro-borrowers take loans to refinance existing loans that are ultimately unpayable and get trapped in a vicious circle of debt? Using a longitudinal household survey data, this study addresses such questions...

Macro-level research on dynamic policy representation has been involved with political parties' move assuming some kind of issue voting, which in turn has been tested using real micro-level datasets. If we are to theorize parties' move, naturally we should make an assumption about how change in...

In this paper we study the exchange rate predictability across a range of investment horizons by return decomposition into forward premium component and carry trade risk premium component, for which we propose a term structure model to capture exchange rate dynamics with a broad set of...

This paper investigates the Italian insurance system by analyzing the (interlock) linkages among companies created through their directors. This approach defines interlocking directorates as the tie created between two companies when a person is a member of both boards of directors; each case of...

Australian and international public sector organisations have faced, and continue to encounter, a plethora of reforms under the umbrella of 'New Public Management' (Guthrie et aI., forthcoming). Underpinning these reforms have been imperatives of budget surpluses and reduced government debt,...