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Internationalized production, that is, production by multinational firms outside their home countries has increased over the last two decades, but it was still, in 1990, only about 7 percent of world output. The share was higher, at 15 percent in 'industry,' including manufacturing, trade,...
Persistent link: https://www.econbiz.de/10012473482
The paper characterizes predictable components in excess rates of returns on major equity and foreign exchange markets using lagged excess returns, dividend yields, and forward premiums as instruments. Vector autoregressive techniques demonstrate one-step-ahead predictability and provide implied...
Persistent link: https://www.econbiz.de/10012475210
international trade in manufactured goods. These include: 1. Indexes of export prices for the U.S., Germany, and Japan, based on … of domestic prices for the U. S., Germany, and Japan based on export weights; 3. Indexes for developed country exports of … exports of manufactures, and indexes for exports of the U.S., Germany, and Japan on the sane sets of weights. The indexes for …
Persistent link: https://www.econbiz.de/10012475588