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Business firms operate in a certain environment in which they interact with one another, with individuals, governmental organisations, financial institutions and various other interest groups. Operation of respective economic and social networks (both voluntary and private market determined) may...
Persistent link: https://www.econbiz.de/10005059645
This paper models the dynamic process through which a large society may succeed in building up its social capital by establishing a stable and dense pattern of interaction among its members. In the model, agents interact according to a collection of infinitely repeated Prisoner's Dilemmas played...
Persistent link: https://www.econbiz.de/10011591665
This paper explores the relationship between household exposure to riots and social capital in urban India using a panel dataset collected by the authors in the state of Maharashtra. The analysis applies a random-effect model with lagged covariates to estimate the exogenous effect of riots on...
Persistent link: https://www.econbiz.de/10012198881
This paper models the dynamic process through which a large society may succeed in building up its "social capital" by establishing a stable and dense pattern of interaction among its members. In the model, agents interact according to a collection of infinitely repeated Prisoner's Dilemmas...
Persistent link: https://www.econbiz.de/10011325082
This paper models the dynamic process through which a large society may succeed in building up its “social capital” by establishing a stable and dense pattern of interaction among its members. In the model, agents interact according to a collection of infinitely repeated Prisoner’s...
Persistent link: https://www.econbiz.de/10005423105
The purpose of this paper is to improve pedagogical clarity and financial analysis for calculating a firm's sustainable growth rate, a useful concept for firms growing very fast as well as those in finacial distress.The paper is based on a review of literature and text books concerning the...
Persistent link: https://www.econbiz.de/10012756710
We examine the influence of common ownership on commonalities in the information environment. Specifically, we study commonalities in financial statements and in the actions of key agents such as financial analysts and firm managers who contribute and respond to the information environment....
Persistent link: https://www.econbiz.de/10012866578
. Using individual and county-level data, we document causal effects on trust and ethnic identity of an exogenous outburst of … intense fighting decreases generalized trust and increases ethnic identity. The effects are quantitatively large and robust to …
Persistent link: https://www.econbiz.de/10009386338
, widespread crime has the potential to weaken trust between citizens and institutions, undermine government reform efforts, and … become an obstacle to development. Yet, the impact of crime on trust remains relatively unexplored in the literature. This … paper analyzes the potential interrelationship between individual victimization and several measures of trust, including …
Persistent link: https://www.econbiz.de/10010653710
. Using individual and county-level data, we document large causal effects on trust and ethnic identity of an exogenous …-ethnic dimensions. We find that more intense fighting decreases generalized trust and increases ethnic identity. The effects are …
Persistent link: https://www.econbiz.de/10011083530