We examine the role of non-economic partnerships in promoting international economic exchange. Since far …-sighted countries are more willing to join costly international partnerships such as environmental treaties, environmental engagement … tends to encourage international lending. Countries with such non-economic partnerships also find it easier to engage in …

A gravity model is used to assess the separate effects of exchange rate volatility and currency unions on international … same currency. I find a large positive effect of a currency union on international trade, and a small negative effect of … international trade, with all that entails …

Multiple Cause (MIMIC) model. Our analysis is conducted on a cross-section of 85 countries; we focus on international linkages … are both national (such as equity market run-ups that preceded the crisis) and, critically, international financial and … number of possible causes in a flexible statistical framework, we are unable to find strong evidence that international …

equity markets; international imbalances and foreign reserve adequacy; macroeconomic policies; and institutional and …

Economists are skeptical about the economic benefits of hosting "mega-events" such as the Olympic Games or the World …

This paper shows that proximity to major international financial centers seems to reduce business cycle volatility. In … particular, we show that countries that are further from major locations of international financial activity systematically …