Showing 1 - 10 of 13
. The analysis includes a set of multivariate time series models that relate measures of banking and equity market activity …
Persistent link: https://www.econbiz.de/10012471335
The "Federalist financial revolution" may have jump-started the U.S. economy into modern growth, but the Free Banking … System (1837-1862) did not play a direct role in sustaining it. Despite lowering entry barriers and extending banking into …
Persistent link: https://www.econbiz.de/10012460638
Within Japanese multinational firms, parent exports from Japan to a foreign region are positively related to production in that region by affiliates of that parent, given the parent's home production in Japan and the region's size and income level. This relationship is similar to that found for...
Persistent link: https://www.econbiz.de/10012471148
While the U.S. and Sweden both lost more than 20 per cent of their shares of world and developed countries' exports of …. These developments suggest that the declining trade shares of the U.S. and Sweden were not due mainly to deterioration in … Sweden, and in all industry groups, with one exception, the multinationals' export shares increased relative to those of …
Persistent link: https://www.econbiz.de/10012476989
We compare the relation between foreign affiliate production and parent employment in U.S. manufacturing multinationals with that in Swedish firms. U.S. multinationals appear to have allocated some of their more labor intensive operations selling in world markets to affiliates in developing...
Persistent link: https://www.econbiz.de/10012472604
the importance of trade. Sweden and the United States possess similar factor endowments and have converged in overall …
Persistent link: https://www.econbiz.de/10012475903
. Multinationals from the United States, Japan and Sweden have all increased their shares of LDC exports of manufactures since the mid …
Persistent link: https://www.econbiz.de/10012476574
Overseas production in a country by affiliates of Swedish and U.S. firms rarely appears to displace exports from the two home countries and in most cases either has no effect or tends to increase home country exports. The positive effect on Swedish exports is evident not only with respect to...
Persistent link: https://www.econbiz.de/10012476678
" banking outcomes. Although railroads improved economic conditions along their routes, we offer evidence of another channel …
Persistent link: https://www.econbiz.de/10012458632
Recent cross-country investigations of the role of institutional fundamentals such as the protection of property rights in promoting financial development have extended a literature that has for decades maintained that financial factors can affect real outcomes. In this paper we pursue this new...
Persistent link: https://www.econbiz.de/10012466634