scholars have accurately assessed the impact of implicit government guarantees on credit spreads. This study introduces an … implicit government guarantees. After accounting for bond factors, local government financing vehicle factors, and … macroeconomic conditions, the implicit government guarantee substantially reduces the UCIB's credit spread. This conclusion remains …

Explicit and implicit incentives and opportunities for mutually beneficial voluntary cooperation co-exist in many …

Explicit and implicit incentives and opportunities for mutually beneficial voluntary cooperation co-exist in many …

In this paper, we document de facto, implicit, and explicit racial biases within the public employment service in … a Race Implicit Association Test, we compute different types of racial bias. We find that while job counselors do not … self-report biased attitudes against Afro-descendant individuals, the majority exhibit high levels of implicit bias, which …

empirical analysis reveals a novel contagion mechanism driven by reduced confidence in future bailouts (implicit non …

management strategies, thus, experienced (tacit), discovered (implicit), and known (explicit) knowledge which enriches the …