With data sampled from listed suppliers and customers in China from 2010 to 2017, the presenting work investigates how corporate social responsibility (CSR) is realised from the perspective of supply chains. Results found that socially responsible customers improved CSR performance of suppliers,...

Improving the aggregate energy efficiency is consequential for China's sustainable development and carbon dioxide reduction, but there lacks a systematic analysis of China's energy intensity long-term changes. China's energy intensity fell sharply by 74.7% with great heterogeneity across regions...

We study how low interest rates in the United States affect risk taking in the market for cross-border corporate loans. Because banks tend to originate these loans with intent to sell to nonbank investors, we examine risk taking by the broad financial system. To the extent that actions of the...

We study the effects of short- and longer-term U.S. interest rates on risk taking in the global market for U.S. dollar syndicated term loans. Because banks tend to originate these loans with intent to sell to non-bank investors, we examine risk taking by the broad financial system. To the extent...

We study how low interest rates in the United States affect risk taking in the market of cross-border leveraged corporate loans. To the extent that actions of the Federal Reserve affect U.S. interest rates, our analysis provides evidence of a cross-border spillover effect of monetary policy. We...