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Exchange Rates and Profit Margins: The Case of Japanese Exporters

Klitgaard Hertel, Thomas - Federal Reserve Bank <New York, NY>; London School of … - 1999

profit margins and stable export sales when the valueof the yen fluctuates. We find that Japanese firms tend tostrike a … percentdecline in export margins (relative to the margins on goodssold in Japan) when other factors are held constant. Thatis …

Persistent link: https://www.econbiz.de/10005870066

Money, States and Empire: Financial Integration Cycles and Institutional Change in Central Europe, 1400-1520

Chilosi, David; Volckart, Oliver - London School of Economics and Political Science - 2009

By analysing a newly compiled database of exchange rates, this paper finds that Central European financial integration advanced in a cyclical fashion over the fifteenth century. The cycles were associated with changes in the money supply. Long-distance financial integration progressed in...

Persistent link: https://www.econbiz.de/10005870400

The ‘Labour Question’ in Nineteenth Century Brazil: railways, export agriculture and labour scarcity

Lamounier, Lucia - London School of Economics and Political Science - 2000

railways andexpansion of export agriculture. It addresses the 1850s-1880s period,decades when the `labour question' became a … alternative supplies of labour at a time ofincreasing agro-export production. In 1852 effective action to start thebuilding of …

Persistent link: https://www.econbiz.de/10005870751