Showing 1 - 10 of 89
We estimate the impact of coups and top-secret coup authorizations on asset prices of partially nationalized multinational companies that stood to benefit from US-backed coups. Stock returns of highly exposed firms reacted to coup authorizations classified as top-secret. The average cumulative...
Persistent link: https://www.econbiz.de/10013127017
As communication costs fall, foreign embassies and consulates have lost much of their role in decision-making and information-gathering. Accordingly, foreign services are increasingly marketing themselves as agents of export promotion. I investigate whether exports are in fact systematically...
Persistent link: https://www.econbiz.de/10013228648
that despite many outward similarities, two of the most successful Southeast Asian economies, Taiwan and South Korea … markets. In this paper we use micro panel data for producers in seven two-digit manufacturing industries in South Korea and … findings indicate that, relative to their counterparts in Korea, Taiwanese industries are characterized by less concentrated …
Persistent link: https://www.econbiz.de/10013114763
The large literature on costly signaling and the somewhat scant literature on preference signaling had varying success in showing the effectiveness of signals. We use a field experiment to show that even when everyone can send a signal, signals are free and the only costs are opportunity costs,...
Persistent link: https://www.econbiz.de/10013121049
Korea. Empirical results are provided, using 4-period panel data for the years 1963-83, for 38 Korean industries in which …
Persistent link: https://www.econbiz.de/10013125821
the methods in assessing the impact of macroprudential policies introduced by Korea in 2010. Relative to a comparison … group of countries, we find that the sensitivity of capital flows into Korea to global conditions decreased in the period …
Persistent link: https://www.econbiz.de/10013081254
Sex ratios at birth in South Korea reached 116.5 boys per 100 girls in 1990, but have since declined. In 2007, sex …
Persistent link: https://www.econbiz.de/10013089013
growth. Using our methodology, we develop predictions for industry-level changes in trade for the United States and Korea … following the U.S.-Korea Free Trade Agreement (KORUS). As a test for our methodology, we show that it performs significantly …
Persistent link: https://www.econbiz.de/10013071910
prices of East Asian economies including China, Japan, Hong Kong, South Korea, and Taiwan. We find significant and positive …
Persistent link: https://www.econbiz.de/10013071915
This paper both discusses and evaluates the role of tax policy in the Korean growth process from the early 1960s to the late 1980s. It begins by reviewing the evolution of Korean policy over this developmental sequence, emphasizing three distinct regime switches, and the tax policies which were...
Persistent link: https://www.econbiz.de/10013150724