Showing 1 - 10 of 18
under stress. In this paper I use the TAF micro-level loan data and find that about 60 percent of TAF loans went to foreign … that foreign - in particular, European - banks currently play in the U.S. financial system and the resultant currency … mismatch in their balance sheets. The data suggest that foreign banks had to borrow from the Federal Reserve Bank to meet their …
Persistent link: https://www.econbiz.de/10013101821
collateral constraint on external debt and trading costs incurred by foreign investors. The probability of a financial crisis …
Persistent link: https://www.econbiz.de/10013081498
We analyze the decisions of foreign-born PhD and postdoctoral trainees to come to the United States vs. go to another …
Persistent link: https://www.econbiz.de/10013064540
In this paper, we estimate the impact of increasing costs on foreign producers following a withdrawal of the United …. First, we assume that the United Kingdom unilaterally imposes tighter restrictions on foreign direct investment (FDI) from … fall in foreign investment and production by U.K. firms. The United Kingdom increases international lending, which finances …
Persistent link: https://www.econbiz.de/10012960512
We estimate and attempt to explain the evolution of the taxes paid by U.S. multinationals on their foreign profits … after-tax returns. Foreign taxes fell abruptly after the first Gulf War. In sectors other than oil, the effective foreign … havens. The low foreign taxes paid by U.S. multinationals can explain half of the U.S. cross-border return differential …
Persistent link: https://www.econbiz.de/10012911498
The U.S. Bureau of Economic Analysis (BEA) estimates the return on investments of foreign subsidiaries of U ….S. multinational companies over the period 1982--2006 averaged 9.4 percent annually after taxes; U.S. subsidiaries of foreign …. Technology capital is accumulated know-how from intangible investments in Ramp;D, brands, and organizations that can be used in …
Persistent link: https://www.econbiz.de/10012759325
The government contracts with a foreign firm to extract a natural resource that requires an upfront investment and …
Persistent link: https://www.econbiz.de/10012759601
Japanese firms that were acquired by foreign firms improves after the acquisition. In our previous study for the Japanese …) and profit rates than Mamp;As by domestic firms. However, it may argued that firms acquired by foreign firms showed better … performance simply because foreign investors acquired more promising Japanese firms than Japanese investors did. In order to …
Persistent link: https://www.econbiz.de/10012760742
data from 1989-2009. We compute the number of employees of foreign establishments in each of Vietnam's provinces for each … for households there if they do not have a member employed by the foreign enterprises, with only modest gains for … households who do have a member employed by the foreign enterprises. These estimates may reflect composition effects, however …
Persistent link: https://www.econbiz.de/10012977614
This paper presents direct evidence for relational contracts in sovereign bank lending. Unlike the existing empirical literature, its instrumental variables method allows for distinguishing a direct influence of past repayment problems on current spreads (a "punishment" effect in prices) from an...
Persistent link: https://www.econbiz.de/10013048575