This study proposes models that can be used as shorthand analysis tools for CDS spreads
and CDS spread changes. For this purpose, we examine the determinants of CDS spreads …

The empirical literature shows that firms overinvest in working capital and that these investments
are economically inefficient. We decompose working capital investments in the cash …

We exploit a unique setting in which two professionals compete in a real-life tennis contest
with high monetary rewards in order to assess how men and women respond to competitive …

Previous studies that have tested the pecking order theory have been inconclusive. In this
paper, we use unique survey results for private Brazilian firms in order to investigate firms’ …

The order of actions in contests may generate different psychological effects which, in turn,
may influence contestants’ probabilities to win. The Prouhet-Thue-Morse sequence in which …

Gender differences in tennis have sparked a great deal of heated debate. Using data from
the 24 top men’s and 23 top women’s singles tournaments in 2010, we find a gender …

This research investigates labor market discrimination based on physical appearance in
Israel’s Certified Public Accountant firms. Using a survey questionnaire, we showed that …

This study examines the failure of covered interest parity (CIP) in long-term cross-currency
basis swap (CCBS) markets. We conjecture that frictions in corporate bond markets urge firms …

This paper suggests that part of the implied time Subjective Discount Rate (SDR) collected
by Willingness To Pay (WTP) is an immediate premium. We offer a theoretical and …

This study primarily aims to test how priming manipulation affects students' decisions in
academia. Unlike many laboratory experiments testing priming, this experimental design mimics …