Showing 1 - 10 of 169
This paper explores the role of knowledge flows and productivity growth by linking direct survey data on knowledge flows to firm-level data on TFP growth. Our data measure the information flows often considered important, especially by policy-makers, such as from within the firm and from...
Persistent link: https://www.econbiz.de/10012751505
This paper explores the role of knowledge flows and productivity growth by linking direct survey data on knowledge flows to firm-level data on TFP growth. Our data measure the information flows often considered important, especially by policy-makers, such as from within the firm and from...
Persistent link: https://www.econbiz.de/10012464694
London the new center of the advanced art world. As Hirst reaches the age of 40, this paper uses auction results to measure … the importance of the YBAs compared to their American peers. Auction prices show that the YBAs do rule over their American …
Persistent link: https://www.econbiz.de/10013252331
Financial crises cause economic, social and political havoc. Macroprudential policies are gaining traction but are still severely under-researched compared to monetary policy and fiscal policy. We use the general framework of sequential predictions also called online machine learning to forecast...
Persistent link: https://www.econbiz.de/10012482520
Financial crises cause economic, social and political havoc. Macroprudential policies are gaining traction but are still severely under-researched compared to monetary and "fiscal policy. We use the general framework of sequential predictions, also called online machine learning, to forecast...
Persistent link: https://www.econbiz.de/10014243066
This paper presents a comprehensive study of the interactions among returns, volatility, and trading volume between the U.S. and Japanese stock markets by using intradaily data from October 1985 to December 1991. By examining the effect of foreign price volatility and trading volume on...
Persistent link: https://www.econbiz.de/10012474348
Have bank regulatory policies and unconventional monetary policies—and any possible interactions—been a factor behind … the recent “deglobalisation” in cross-border bank lending? To test this hypothesis, we use bank-level data from the UK … requirements tend to reduce international bank lending and some forms of unconventional monetary policy can amplify this effect …
Persistent link: https://www.econbiz.de/10012989730
We review the findings of the literature on the benefits of international financial flows and find that they are quantitatively elusive. We then present evidence on the existence of a global cycle in gross cross border flows, asset prices and leverage and discuss its impact on monetary policy...
Persistent link: https://www.econbiz.de/10013022596
Are there productivity spillovers from FDI to domestic firms, and, if so, how much should host countries be willing to pay to attract FDI? To examine these questions we use a plant-level panel covering U.K. manufacturing from 1973 through 1992. Across a wide range of specifications, we estimate...
Persistent link: https://www.econbiz.de/10012469991
We review the findings of the literature on the benefits of international financial flows and find that they are quantitatively elusive. We then present evidence on the existence of a global cycle in gross cross border flows, asset prices and leverage and discuss its impact on monetary policy...
Persistent link: https://www.econbiz.de/10012457495