This paper examines the relationships between macroscopic determinants (typically, monetary policies) and microscopic factors (mainly, cash flows and other controlling variables) on corporate investment. By employing system-GMM estimation for the 250 Vietnamese non-financial firms, the authors...

During the ongoing COVID-19 pandemic in the US, there has been considerable media attention regarding several US legislators who traded stocks in late January through February 2020. The concern is that these legislators traded in anticipation of COVID-19 having a major impact on the financial...

The COVID-19 pandemic has wrought havocs on economies around the world. Yet, much needs to be learnt on the distributional impacts of the pandemic. We contribute new theoretical and empirical evidence on the distributional impacts of the pandemic on different income groups in a multi-country...