In many economic settings, the variable of interest is often a fraction or a proportion, being defined only on the unit interval. The bounded nature of such variables and, in some cases …
This study focuses on the sectoral and geographical differences in open knowledge collaboration for the innovation performance of UK firms. Drawing on transaction cost theory …
JM Wooldridge - Journal of Human Resources, 2015 - jhr.uwpress.org
This paper provides an overview of control function (CF) methods for solving the problem of endogenous explanatory variables (EEVs) in linear and nonlinear models. CF methods …
T Sheng - Finance Research Letters, 2021 - Elsevier
This study examines the impact of financial technology (fintech) on the ability of banks to offer credit to small and medium enterprises (SMEs). By analyzing the lending records of …
This paper provides evidence from a natural experiment on the relationship between positive affect and productivity. We link highly detailed administrative data on the behaviors …
Do the effects of corporate governance on corporate capital structure choices change as a public firm ages? First, we address the direct effects of firm age and governance features on …
JM Wooldridge - The Econometrics Journal, 2023 - academic.oup.com
I derive simple, flexible strategies for difference-in-differences settings where the nature of the response variable may warrant a nonlinear model. I allow for general staggered …
M Lin, S Viswanathan - Management science, 2016 - pubsonline.informs.org
An extensive literature in economics and finance has documented home bias, the tendency that transactions are more likely to occur between parties in the same geographical area …
MD Amore, M Bennedsen - Journal of Environmental Economics and …, 2016 - Elsevier
We study the relationship between corporate governance and firms׳ environmental innovation. Exploiting changes in antitakeover legislation in the US, we show that worse …