We study the relationship between investors' social media activity and earnings announcement returns. To distinguish between information contained in peer-to-peer interaction and user-posted content, we analyze conversation networks on Reddit using centrality metrics from network science and...

Kiribati's copra subsidy is a major element of the government's economic strategy that simultaneously accomplishes three key goals. First, it reduces poverty. Second, it incentivizes living on the outer islands rather than migrating to South Tarawa. Third, it provides employment in a...

This paper documents five empirical facts about the role of strategic complementarities in firms’ price-setting behavior, using administrative data from Chilean firms. (1) Strategic complementarities play a dominant role in price setting, exerting a stronger influence than changes in marginal...

Nighttime tourism (NTT) has potential to revitalize heritage destinations by promoting cultural preservation, community engagement, and sustainable economic development. Night Index (N-I) is a comprehensive evaluation framework that assesses the critical dimensions of NTT: Safety and Security,...

In a world increasingly shaped by technological disruption and shifting economic priorities, traditional degrees are no longer the definitive markers of employability they once were. Micro-credentials—compact, skill-specific, and often digital—are emerging as vital tools for aligning...

The revolution of deregulation that swept national markets with particular force in the Americas was followed by the rise of complex and diverse regulatory institutions. Mexico was the poster child of governance by regulators as, in the 2000s and 2010s, its governing being used, in the energy...

The revolution of deregulation that swept national markets with particular force in the Americas was followed by the rise of complex and diverse regulatory institutions. Mexico was the poster child of governance by regulators as, in the 2000s and 2010s, its governing being used, in the energy...