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We develop a model that investigates the relation between insurance premiums and macroeconomic variables, including oil price, interest rate, aggregate supply, and aggregate demand. We then use a multivariate structural vector error correction model to distinguish the effects arising from...
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The audits of most clients involve consideration of trade credit risk. However, little is known about how suppliers' trade credit risks affect their auditors' decisions that determine audit pricing and audit quality. Data capturing trade credit risk generated by suppliers' clients is quite...
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The Black Death killed 30%-50% of Europe’s population between 1347-1352 and surged wages.The high wages aftermath was persistent, especially in Northwestern Europe. Using the culturetransmission channel, this paper explains why high wages could persist in Northwestern Europe.Parents with...
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