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Ariel Pakes (Harvard University)
Online, juin 2021
Bernard Bercu, Sébastien Gadat et Manon Costa
vol. 26, n° 84, juin 2021, p. 1–29
Gordon Pennycook, Jonathon McPhetres, Bence Bago et David Rand
juin 2021
What are the psychological consequences of the increasingly politicized nature of the COVID-19 pandemic in the United States relative to similar Western countries? In a two-wave study completed early (March) and later (December) in the pandemic, we found that polarization was greater in the United...
Luis Candelaria
Jean-Paul Décamps, Fabien Gensbittel et Thomas Mariotti
n° 21-1222, juin 2021, révision décembre 2024
We study the optimal investment policy of a firm facing both technological and cash-flow uncertainty. At any point in time, the firm can decide to invest in a standalone technology or to wait for a technological breakthrough. Breakthroughs occur when market conditions become favorable enough,...
Adam Rosen
Ulrich Hege, Elaine Hutson et Elaine Laing
n° 101935, juin 2021
Using the Sarbanes-Oxley Act of 2002 as a quasi-natural experiment to identify the impact of corporate governance reform on foreign exchange risk hedging, we find that the substantial improvements in governance standards increased derivatives hedging and reduced foreign exchange exposure. The...
Manvir Singh
vol. 13, n° 3, juin 2021
Margot Dazey
vol. 72, n° 3, juin 2021, p. 580–593
Respectability politics—that is, the process by which privileged members of marginalized groups comply with dominant social norms to advance their group's condition—is the object of a growing body of literature in the fields of race and ethnic studies, social movements, and critical theory. Yet...
Jean-Paul Azam
vol. 4, n° 1, juin 2021