Showing 1 - 10 of 403
equity, and cross-listing in major world stock markets. Using a large sample of 39,517 firms from 111 countries covering the …
Persistent link: https://www.econbiz.de/10012552596
By documenting the evolution of Tobin's q before, during, and after firms internationalize, the authors provide evidence on the bonding, segmentation, and market timing theories of internationalization. Using new data on 9,096 firms across 74 countries over the period 1989-2000, they find that...
Persistent link: https://www.econbiz.de/10012553757
projections and scenario analysis. Such forecasting has become increasingly challenging, thanks to the rapid pace of globalization … the world urgently need to see the big picture if they are to deal with the specific challenges and opportunities they …-house researchers and global experts who work on state-of-the-art models related to globalization, technological progress and …
Persistent link: https://www.econbiz.de/10012560813
Using data from Mexico, the authors study empirically the link between trade policy and individual income risk and the extent to which this varies across workers of different human capital (education) levels. They use longitudinal income data on workers to estimate time-varying individual income...
Persistent link: https://www.econbiz.de/10012552726
subset of the literature focusing on trade policy and integration into the world economy. Although in the longer run trade …
Persistent link: https://www.econbiz.de/10012554135
Three main features characterize the international financial integration of China and India. First, while only having a small global share of privately-held external assets and liabilities (with the exception of China's foreign direct investment liabilities), these countries are large holders of...
Persistent link: https://www.econbiz.de/10012552582
of "globalization." The author views the issue through both "macro" and "micro" empirical lenses. The macro lens uses … micro approaches cast doubt on some wide generalizations from both sides of the globalization debate. Additionally the micro …
Persistent link: https://www.econbiz.de/10012559892
The "rise of Asia" is something of a myth. During 1990-2005 China accounted for 28 percent of global growth, measured at purchasing power parity (PPP). India accounted for 9 percent. The rest of developing Asia, with nearly a billion people, accounted for only 7 percent, the same as Latin...
Persistent link: https://www.econbiz.de/10012552624
substantial welfare benefits for the world, and for China and India, and to act as a powerful offset to the terms-of-trade losses …
Persistent link: https://www.econbiz.de/10012552784
This paper analyzes the effects of capital controls and crises on international financial integration, using data on stocks from emerging economies that trade in domestic and international markets. The cross-market premium (the ratio between the domestic and international market price of...
Persistent link: https://www.econbiz.de/10012552205