Showing 1 - 10 of 1,094
This paper examines empirically how international taxation affects the volume and pricing of cross-border banking activities for a sample of banks in 38 countries over the 1998-2008 period. International double taxation of foreign-source bank income is found to reduce banking-sector FDI....
Persistent link: https://www.econbiz.de/10012460178
deregulation in China. Such deregulation leads to higher screening standards, lower interest rates, and lower delinquency rates for …
Persistent link: https://www.econbiz.de/10012479745
This chapter assesses China's integration into the global trading system by examining areas of international political … with its rapidly increasing trade and the trade policy commitments that China and its trading partners have undertaken as … part of its 2001 WTO accession. With respect to China's exports, we examine data on WTO members' use of antidumping and …
Persistent link: https://www.econbiz.de/10012465303
This paper reviews China's multilateral and preferential trade policies. It reviews the demanding terms of China's WTO …'s regular activities. The analysis concludes that China's trade policies are broadly supportive of a rules based multilateral … discussion then turns to China's regional trade initiatives. China has been extremely active in negotiating these and their …
Persistent link: https://www.econbiz.de/10012465902
We discuss China's stance in the WTO post-accession, noting the many issues with implementation of China's accession … terms by 2007. We evaluate how much benefit China can realistically receive from WTO membership given current problems with … dumping actions against China and trade restrictions against textile and apparel exports. We discuss emerging WTO and non …
Persistent link: https://www.econbiz.de/10012468044
our theoretical results to China's 2001 WTO accession, we find that China's tariff reductions exceeded reciprocity norms …, increasing real incomes but amplifying the manufacturing employment dislocation - the China Shock - in the United States and …
Persistent link: https://www.econbiz.de/10015056161
The effects of large banks on the real economy are theoretically ambiguous and politically controversial. I identify quasi-exogenous increases in bank size in postwar Germany. I show that firms did not grow faster after their relationship banks became bigger. In fact, opaque borrowers grew more...
Persistent link: https://www.econbiz.de/10012533316
Banking reforms--that reduced interest rates--boosted college enrollment rates among able students from middle class families. We define "able" students as those with learning aptitude scores in the top two-thirds of the U.S. population. We define "middle class" as families in which both parents...
Persistent link: https://www.econbiz.de/10012459281
This essay examines how the Banking Acts of the 1933 and 1935 and related New Deal legislation influenced risk taking in the financial sector of the U.S. economy. The analysis focuses on contingent liability of bank owners for losses incurred by their firms and how the elimination of this...
Persistent link: https://www.econbiz.de/10012459766
As a result of debt enforcement problems, many high-productivity firms in emerging economies are unable to pledge enough future profits to their creditors and this constrains the financing they can raise. Many have argued that, by relaxing these credit constraints, reforms that strengthen...
Persistent link: https://www.econbiz.de/10012460206