In the past decade, the Chinese economy has witnessed a great housing boom, accompanied by a slowdown in economic growth and an increase in firms' financial investment. The waning economic prospects are shown to lead to a surge in housing prices by stimulating firms' demand for financial...

We construct a model for Bitcoin-like cryptocurrency as risky and costly bubbles in an infinite-horizon production economy with incomplete markets. This model is consistent with the following facts: i) the surging Bitcoin market presents enormous volatility, and ii) its price dynamics are...

A corporate site visit is an effective way to obtain information on a firm. Most studies focus on the information advantages of corporate site visits, but limited evidence shows the impact of corporate site visits on firm operations. In this paper, we investigate whether investors’ corporate...

Due to the unbalanced and inadequate development of fintech among various provincial regions, this paper proposes a novel sparse quantile model to explore the heterogeneous impacts of fintech on green total factor productivity (GTFP) in the provinces of China based on the annual data from 2011...

The aim of this study is to investigate the multilevel effect of leader affiliative humor on knowledge sharing behavior. Based on social information processing (SIP) theory, we frame a multilevel model of the effect of leader affiliative humor on employee knowledge sharing, focusing on the...