Narrow search
Showing 1 - 10 of 364
Cover Image
The International Monetary System and International Financial System as an Analogy to the Copernican Heliocentric system : A simple multi-layers network model with simultaneous reg...
Bordo, Michael D.; Bastidon, Cécile - National Bureau of Economic Research - 2023
The evolution of the IMS and IFS in the past several hundred years can be viewed through the lens of the Copernican heliocentric system developed over 500 years ago. We trace out the evolution across regimes of the IMS and IFS in terms of network representations of the Copernican system. We...
Persistent link: https://www.econbiz.de/10014372472
Cover Image
Why Doesn't Capitalism Flow to Poor Countries?
Tella, Rafael Di - 2007
corruption, which is more widespread in poor countries, reduces more the electoral appeal of capitalism than that of socialism …. The empirical pattern of beliefs within countries is consistent with this explanation: people who perceive corruption to … government in economic matters). Finally, we present a model explaining the corruption-left connection. It exploits the fact that …
Persistent link: https://www.econbiz.de/10012465489
Cover Image
Global governance : old and new issues
Hufbauer, Gary Clyde (contributor) - 2008
Siebert, titled Global Governance: An Architecture for the World Economy. Assess-ments and forecasts made at that time are … not impose immediate acute costs on the great powers: climate change, financial crises, the world trading system, oil …, treasures from the deep seabed, and the prospect of a killer asteroid. -- Climate change ; financial crises ; the world trading …
Persistent link: https://www.econbiz.de/10003770302
Cover Image
An international rule system to avoid financial instability
Siebert, Horst - 2008
In a series of summits, leading countries of the world will meet to draw up an international arrangement for financial …
Persistent link: https://www.econbiz.de/10003773194
Cover Image
An empirical analysis of the relationship between US monetary policy and international asset prices
Herwartz, Helmut; Morales-Arias, Leonardo - 2010
This article investigates the empirical relationship between monetary policy in the United States (US) and international equity, bond and real estate security markets for the sample period 01/1994 to 12/2007. The empirical results suggest that equity markets close to the US have a statistically...
Persistent link: https://www.econbiz.de/10003931423
Cover Image
What drives FDI from non-traditional sources? : A comparative analysis of the determinants of bilateral FDI flows
Sosa Andrés, Maximiliano; Nunnenkamp, Peter; Busse, … - 2012
Non-traditional source countries of FDI play an increasingly important role, notably in developing host countries. This raises the question of whether the determinants of FDI differ systematically between traditional and non-traditional source countries. We perform Logit and Poisson Pseudo...
Persistent link: https://www.econbiz.de/10009425487
Cover Image
Internationalization and the evolution of corporate valuation
Levine, Ross - 2005
"By documenting the evolution of Tobin's "q" before, during, and after firms internationalize, this paper provides evidence on the bonding, segmentation, and market timing theories of internationalization. Using new data on 9,096 firms across 74 countries over the period 1989-2000, we find that...
Persistent link: https://www.econbiz.de/10010522397
Cover Image
World market access of emerging-market firms : the role of foreign ownership and access to external finance
Raff, Horst; Trofimenko, Natalia - 2013
This paper uses micro-data from the World Bank Investment Climate Surveys 2002-2006 to investigate how foreign …
Persistent link: https://www.econbiz.de/10009762374
Cover Image
Do real exchange rate appreciations matter for growth?
Bussière, Matthieu; Lopez, Claude; Tille, Cédric - 2014
While the impact of exchange rate changes on economic growth has long been an issue of key importance in international macroeconomics, it has received renewed attention in recent years, owing to weaker growth rates and the debate on "currency wars". However, in spite of its prevalence in the...
Persistent link: https://www.econbiz.de/10010348280
Cover Image
Determinants of short-term debt
Buch, Claudia M.; Lusinyan, Lusine - 2000
One key focus of the on-going debate on the integration of international financial markets have been measures to lengthen the maturity of foreign debt. Short-term debt is typically considered to be volatile and thus a potential trigger of currency crises. In contrast to the vivid policy debate...
Persistent link: https://www.econbiz.de/10011472278