Understanding the effects of off-balance sheet transactions on interest and exchange rate exposures has become more important for emerging market countries that are experiencing remarkable growth in derivatives markets. Using firm level data, we report a significant fall in exposure over the...

Broadband (high-speed) internet access expanded rapidly from 1999 to 2007. This expansion is associated with higher economic growth and labor market activity. In this paper, we examine whether the rollout also affected the social connections teens make. Specifically, we look at the relationship...