[...]In this article, we demonstrate how such industry-specific realexchange rates can be constructed and present the recent pathsof these indexes. We next present three basic real exchange ratemeasures for each industry: one using export partner weightsonly, a second using import partner...

[...]This article attempts to bridge some of the gap betweenresearch on real-side FDI and work on financial sector FDI bypresenting a selective survey of the literature. We argue thatreal-side and financial sector FDI share many features.Accordingly, there are many lessons in the research that...

The globalization of banking in the United States is influencing the monetary transmission mechanism both domestically and in foreign markets. Using quarterly information from all U.S. banks filing call reports between 1980 and 2005, we find evidence for the lending channel for monetary policy...