Showing 1 - 10 of 502
the Swiss franc and Japanese yen are under a persistent appreciation pressure, what restricts the degree of freedom in the …
Persistent link: https://www.econbiz.de/10011392509
This paper uses high-frequency data for publicly-listed Japanese manufacturing firms over the period 2000 to 2010 to show that a greater reliance on foreign market sales increases the conditional volatility of firms' stock returns. The two margins of global engagement we consider, namely,...
Persistent link: https://www.econbiz.de/10011405146
the yen/US dollar dynamics. -- exchange rates ; interventions ; Japan …
Persistent link: https://www.econbiz.de/10009312174
-currency denominated assets, such as the Swiss franc and the Japanese yen, are under persistent appreciation pressure, particularly when …
Persistent link: https://www.econbiz.de/10011309557
Persistent link: https://www.econbiz.de/10003364632
We investigate the employment consequences of deindustrialization for 1,993 cities in France, Germany, Great Britain …, Italy, Japan, and the United States. In all six countries we find a strong negative relationship between a city's share of … number of cities was able to adapt to the negative shock caused by deindustrialization. The U.S. has the lowest share …
Persistent link: https://www.econbiz.de/10014444059
We examine how foreign ownership of a firm affects the variety of goods that the firm exports and the number of countries it trades with. We construct a simple theoretical model of how foreign ownership may affect these extensive margins of exports and take this model to data from Germany, one...
Persistent link: https://www.econbiz.de/10009772938
Persistent link: https://www.econbiz.de/10003363979
This paper studies the life-cycle dynamics of exporters and multinational enterprises (MNEs). We present a dynamic model of trade and MNE activity in which the mode of serving a market depends on the well-known proximity-concentration tradeoff. We show that the option of performing MNE...
Persistent link: https://www.econbiz.de/10011757771
Whether a firm is able to attract foreign capital and whether it may participate at the export market depends on whether the fixed costs associated with doing so are at least covered by the incremental operating profits. This paper provides evidence that success for some firms in attracting...
Persistent link: https://www.econbiz.de/10011822884