particularly the incorporation of China and India into the world market economy. For 29 countries since 1919, the levels and trends …

In this article, we formulate a time-scale decomposition of an international version of the CAPM that accounts for both … upon the choice of the world market portfolio. In particular, the stock markets of the sampled countries appear to be more …

specialization of countries within GVCs in a world with barriers to international trade. With costly trade, the optimal location of …

The banking systems of some countries export intermediation services to the rest of the world, while many other … intermediation to examine the role of national monetary policy in determining the international competitiveness of a national banking … generate a demand for reserve money (reserve requirements). The international competitiveness of a banking system is enhanced …

This paper explores the link between mobility and the presence of international research networks. Data come from the … evidence suggests that migration plays an important role in the formation of international networks. Approximately 40 percent … that internationally mobile researchers contribute significantly to extending the international scope and quality of the …

The world has seen two globalization booms over the past two centuries, and one bust. The first global century ended … with World War I and the second started at the end of World War II, while the years in between were ones of anti … concludes with four lessons of history and an agenda for international economists, including more attention to the impact of …