Showing 1 - 2 of 2
The theory of money typically ignores the fact that the mode of market interaction arises endogenously, and simply assumes a decentralized, bilateral exchange process. However, endogenizing the organization of trade is critical for understanding the conditions that lend themselves to the...
Persistent link: https://www.econbiz.de/10011518683
of migration in alleviating information imperfections between home and host countries. We show that the impact of … migration on financial flows is strongest where information problems are more acute (that is, for more informational sensitive … information in generating home-bias and as new evidence of the role of migration in reducing information frictions between …
Persistent link: https://www.econbiz.de/10009781901