This study examines the drivers of growth in Asian countries, with focus on the role of investment, the exchange rate regime, financial risk, and capital account openness. We use a panel data set of a sample of Asian countries over the period 1980 to 2012. Our results indicate that private and...

This paper uses FAS 123R regulation to examine how reduction in CEO compensation incentives affects managerial 'playing-it-safe' behavior. Using proxies reflecting deliberate managerial efforts to change firm risk, difference-in-difference tests show that affected firms drastically reduce both...

Institutional leaders have long championed interdisciplinary research; however, researchers have paid relatively little attention to the people responding to such calls and their subsequent career outcomes. With the benefit of two large datasets spanning from 1986 through 2016, we show that...

This paper develops a model to investigate the interaction between collective decision-making in voting and financial speculation. Protesting voters demand policy reforms by voting against the incumbent, but too many opposing votes result in an unfavorable outcome --- political regime change....

Institutional leaders have long championed interdisciplinary research; however, researchers have paid relatively little attention to the people responding to such calls and their subsequent career outcomes. With the benefit of two large datasets spanning from 1986 through 2016, we show that...