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This paper quantifies the spillover effects of economic policy uncertainty (EPU) in the United States on emerging … addressing the potential endogeneity of the oil price uncertainty (OPU) index. Our findings highlight the adverse effects of U ….S. economic policy uncertainty on key macroeconomic variables in emerging markets, underscoring the importance of stable economic …
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This paper examines the relationship between firm performance and its controlling shareholder's personal loans. We present a model that allows the controlling shareholder to finance company projects through personal loans. Using personal loans, however, will create an incentive for controlling...
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