Using a longitudinal data set from South Korea, we estimate the impact of housing wealth on labor supply and the retirement behavior of elderly workers. Estimation results from our model suggest that house wealth variations significantly influence the labor supply of older workers. The housing...

We investigate the heterogeneous effects of financial literacy on individual investment decisions during and after the 2008 financial crisis. While differentiating objective and subjective financial knowledge, we find that only subjective knowledge is positively related to participation in...

Intellectual property (IP) rights have become an important strategic battleground, in which IP owners increasingly build barriers that impede firms from operating in the marketplace. Although research has examined property preemption as one approach to defend against being blocked by others' IP,...