The impact of political experience on corporate innovation is well studied, however no one has studied the impact of political intensity on innovation. This paper constructs an index of the intensity of political connection and explores the nonlinear impact of political connections on corporate...

This paper explores the nonlinear impact of political connections on corporate innovation by constructing an index of the intensity of political connection using a dataset of A-share listed firms over the period 2008-2017. Results show that the intensity of political connection has an inverted...

Understanding the diversity of the residential demand for various electrical services is critical for utilities and policymakers in effective demand side management. However, previous research has usually treated the household as a unit of analysis, and thus may ignore the fact that household...

This thesis includes two essays analyzing two separate topics. The first essay investigates the role of asymmetric information in explaining one of the major puzzles in International Finance. The second essay investigates what kind of performance information that the financial institutions use...

This paper examines the early effects of dismantling the one-child (fertility) policy, which China relaxed in 2013 and eliminated prior to 2017. Birth rates, female labor force participation, and saving behavior have already changed. Between 2015 and 2017, the proportion of households with...

This paper investigates the effect of Morningstar ratings on mutual fund manager replacement. We find that not only do Morningstar ratings affect the likelihood fund managers are replaced, but that Morningstar ratings are better predictors of manager replacement than alternative measures of fund...

We study how managers value applicant credentials and personal traits in hiring decisions. Using the ordered probit model, we confirm previous results - managers rank applicant traits higher than credentials. However, we also uncover patterns not previously observed - managerial valuations of...

Explains that if the budget is to be balanced, at least half or more of that solution will be in taxes.