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We examine whether underwriters have an information advantage over other institutional investors in new public companies. We focus our attention on a sample of publicly traded firms that have become the target of an IPO-related securities class action lawsuit filed under Section 11 of the 1933...
Persistent link: https://www.econbiz.de/10013063314
Using a proprietary database from a large Chinese state-owned bank, we examine whether information evolved from banking relationships predicts commercial loan default by industrial firms. We find that the bank's relationship information is significantly linked to the incidence of default, and...
Persistent link: https://www.econbiz.de/10013063634
This study documents the results of a pilot study jointly undertaken by the World Bank and the Guangdong Department of Education to assess teaching practices in public primary and junior secondary schools using the Classroom Assessment Scoring System tool. The tool was used to conduct classroom...
Persistent link: https://www.econbiz.de/10011843848
China, the United States, and India, decided on a more gradual phasing out extending beyond 2030. This paper estimates the … welfare loss of about 1.5 percent. Some of the major emitters, such as China and India, will experience minimal impacts to …
Persistent link: https://www.econbiz.de/10011843864
In the post-collectivization period, rural Chinese households were required to sell part of their grain output to the state at a below-market price; however, increases in this quota price beginning in 1993 generated substantial positive income shocks. These income shocks also varied...
Persistent link: https://www.econbiz.de/10011871304
We compare the results from a survey of 900 entrepreneurs in China and Russia. Compared to a sample of 1,000 non …
Persistent link: https://www.econbiz.de/10012733942
China is increasing its outlay on research and development and seeking to build an innovation system that will deliver … quick results not just in absorbing technology but also in pushing the technological envelope. China's spending on Ramp …;D rose from 1.1 percent of GDP in 2000 to 1.3 percent of GDP in 2005. On a purchasing power parity basis, China's research …
Persistent link: https://www.econbiz.de/10012747656
in China and India) or slow the pace of change in gender equity (as in the Republic of Korea). Policies to provide …'s empowerment in China, India, and the Republic of Korea. Around 1950, these newly formed states were largely poor and agrarian …. China has achieved the most gender equity, the Republic of Korea the least. The authors conclude that:States can exert …
Persistent link: https://www.econbiz.de/10012748778
Persistent link: https://www.econbiz.de/10009780744
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