The question of which risk factors best explain the cross section of expected equity returns continues to draw attention on account of the large importance of this topic for theoretical and empirical finance
The authors build a multi-sector spatial general equilibrium model and combine rich data sources to account for China’s export surge between 1990 and 2005 due to three policy changes
Our initial discovery indicates that setting a sufficiently low funding price can serve as a signal of high quality for customers during the funding period, particularly when the project s financing needs are not substantial
The coordination of venture capital (VC) investors in their syndicate significantly influences their choice of contractual terms and portfolio firm performance