Showing 1 - 10 of 153
with lower interest rates – favours international investments in domestic stocks to the detriment of the less attractive …
Persistent link: https://www.econbiz.de/10011604697
with lower interest rates - favours international investments in domestic stocks to the detriment of the less attractive …
Persistent link: https://www.econbiz.de/10013317564
We identify the effect of financial integration on international business cycle synchronization, by utilizing a confidential database on banks' bilateral exposure and employing a country-pair panel instrumental variables approach. Countries that become more integrated over time have less...
Persistent link: https://www.econbiz.de/10013141875
This paper highlights a recent ‘great moderation’ in global capital flows, characterised by smaller volumes and lower volatility of cross-border transactions. However, there are substantial differences across countries and regions which we analyse by comparing the level of international...
Persistent link: https://www.econbiz.de/10011605997
We show that traditional gravity variables play a significant role in explaining trade flows related to global value … relevant for trade that reflects cross-border production sharing. Applying an augmented gravity model framework to a newly …-constructed dataset we find a positive association between bilateral FDI stock and both gross bilateral trade and the bilateral import …
Persistent link: https://www.econbiz.de/10011804375
Both academic researchers and policymakers posit a unique role for the US in the inter-national financial system. This paper investigates the characteristics and determinants of US cross-border financial flows and examines how these contrast with those of the rest of the world. We analyse the...
Persistent link: https://www.econbiz.de/10012142082
We show that traditional gravity variables play a significant role in explaining trade flows related to global value … relevant for trade that reflects cross-border production sharing. Applying an augmented gravity model framework to a newly …-constructed dataset we find a positive association between bilateral FDI stock and both gross bilateral trade and the bilateral import …
Persistent link: https://www.econbiz.de/10012956243
Both academic researchers and policymakers posit a unique role for the US in the inter-national financial system. This paper investigates the characteristics and determinants of US cross-border financial flows and examines how these contrast with those of the rest of the world. We analyse the...
Persistent link: https://www.econbiz.de/10012892830
This paper highlights a recent ‘great moderation' in global capital flows, characterized by smaller volumes and lower volatility of cross-border transactions. However, there are substantial differences across countries and regions which we analyse by comparing the level of international...
Persistent link: https://www.econbiz.de/10012983089
the single market intensified bilateral trade across euro area countries and contributed to higher business cycle symmetry …. The introduction of the single currency led to an intensification of intra-industry trade which has become the main …
Persistent link: https://www.econbiz.de/10011604633