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widespread integration project to ensure that a company’s innovative capabilities are carried forward into the future. Previous …
Persistent link: https://www.econbiz.de/10003242975
This paper reviews the recent theoretical literature on heterogeneous firms and trade, which emphasizes firm selection into international markets and reallocations of resources across firms. We discuss the empirical challenges that motivated this research and its relationship to traditional...
Persistent link: https://www.econbiz.de/10012462095
In this paper we study the determinants of business groups' ownership structure using unique panel data on Korean chaebols. In particular, we attempt to understand how pyramids form over time. We find that chaebols grow vertically (that is, pyramidally) as the family uses well-established group...
Persistent link: https://www.econbiz.de/10012463666
This paper shows that the result of Ju and Krishna (2002, 2005), i.e., the non-monotonicity in the comparative statics across regimes, disappears, if exporters differ in their productivities, which provides very different predictions about the results of policy changes
Persistent link: https://www.econbiz.de/10012465706
Persistent link: https://www.econbiz.de/10003224328
The paper examines the degree of financial integration in five central and eastern European economies on the basis of … countries under review have already reached a higher degree of integration in quantitative terms. Since this approach is …
Persistent link: https://www.econbiz.de/10003025910
We use 1980, 1990 and 2000 Census data to study the impact of source country characteristics on the labor supply assimilation profiles of married adult immigrant women and men. Women migrating from countries where women have high relative labor force participation rates work substantially more...
Persistent link: https://www.econbiz.de/10012464260
Persistent link: https://www.econbiz.de/10012464555
Ongoing international financial integration has greatly increased foreign asset holdings across countries, enhancing … claims to firm profits in a production economy. For a given level of international financial integration (measured by the … goods, and the persistence of shocks. Finally, moving from less to more international financial integration, risk sharing …
Persistent link: https://www.econbiz.de/10012465719
capital markets have become more integrated. In this paper, I ask what this integration and its resulting higher correlation …
Persistent link: https://www.econbiz.de/10012465963