Showing 1 - 10 of 580
Stablecoins rise to meet the demand for safe assets in decentralized finance. Stablecoin issuers transform risky reserve assets into tokens of stable values, deploying a variety of tactics. To address the questions on the viability of stablecoins, regulations, and the initiatives led by large...
Persistent link: https://www.econbiz.de/10013214344
We model a risk-averse firm owner who wants to maximize the intertemporal expected utility of firm’s dividends. The optimal dynamic control problem is characterized by two stochastic state variables: the equity value, and profitability (ROA) of the _rm. According to the empirical evi-dence, we...
Persistent link: https://www.econbiz.de/10012799707
Stablecoins rise to meet the demand for safe assets in decentralized finance. Stablecoin issuers transform risky reserve assets into tokens of stable values, deploying a variety of tactics. To address the questions on the viability of stablecoins, regulations, and the initiatives led by large...
Persistent link: https://www.econbiz.de/10012657966
methodological: we introduce a novel framework to calibrate macroeconomic models with firm-level distortions using enterprise survey … the survey. Our second contribution is to apply our method across seven countries to characterize the distribution of …
Persistent link: https://www.econbiz.de/10014377422
We perform a Meta-Regression Analysis (MRA) of the literature on government size and corruption, examining 450 empirical estimates retrieved from 44 primary papers published from 1998 to 2022. We find considerable heterogeneity in the results, mainly depending on whether the paper is published...
Persistent link: https://www.econbiz.de/10014534462
-to-face survey experiment on a representative sample of Germans. We measure how individuals form perceptions of their ranks in the …
Persistent link: https://www.econbiz.de/10012582083
This study investigates men's attitudes toward women's education in Afghanistan, focusing on primary, secondary, and tertiary levels, as well as studying in another province or abroad, through the lens of identity theory and the intra-household bargaining framework. We use data from Afghan...
Persistent link: https://www.econbiz.de/10015061943
A large literature studies subjective beliefs about economic facts using unincentivized survey questions. We devise … randomized experiments in a representative online survey to investigate whether incentivizing belief accuracy affects stated … provision does not reduce bias in our survey-based belief measures …
Persistent link: https://www.econbiz.de/10012890194
develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about … high self-knowledge. These examples illustrate how using the estimator may improve inference from survey data …
Persistent link: https://www.econbiz.de/10013219070
We propose a new method to design a short survey measure of a complex concept such as women’s agency. The approach … combines mixed-methods data collection and machine learning. We select the best survey questions based on how strongly … candidate questions. This approach of selecting survey questions based on their statistical correspondence to coded qualitative …
Persistent link: https://www.econbiz.de/10013235120