Do foreign banks perform better than domestic banks? The existing literature has come up with different answers, in part as data coverage has varied and often been limited. Studying the performance of foreign relative to domestic banks in many countries between 1999 and 2006, we find that the...

Using panel regression estimates from the IMF’s CPIS survey of foreign debt and equity portfolios across 174 originating and 50 destination countries from 2001 to 2007, we clarify the role of culture and extend the set of cultural variables that have been investigated in gravity models of...

Présentation des différentes logiques, formes et facteurs associés à la mondialisation des entreprises. Réponse aux questions sur le problème de la régulation de ce phénomène. Aborde également la question de l'efficacité des politiques publiques face aux délocalisations.

L'ouvrage présente des différentes logiques, formes et facteurs associés à la mondialisation des entreprises. Il fournit des réponses aux questions sur le problème de la régulation de ce phénomène. Aborde également la question de l'efficacité des politiques publiques face aux...

We use several measures to compare the performance of a large set of Dow Jones Islamic indexes to selected benchmarks. We test the performance over the whole period and then focus on extreme events. We identify extreme events as the 100 lowest and the 100 highest conventional World Indexes daily...

In this paper, we assess the movements of euro area sovereign bond yield spreads vis-à-vis the German Bund as processes specified across different levels of volatility and subject to movements in asset prices and economic conditions. The determinants we use are grouped into domestic and...