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This paper presents a new method to detect informed trading activities in the options markets.An option trade is …
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The paper examines the economic role of modelling information on the decision problem of an exporting firm under … exchange rate risk and hedging. Information is described in terms of market transparency, i.e., a publicly observable signal … conveys more information about the random foreign exchange rate. We analyze the interaction between market transparency and …
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trade contributes to economic growth, this could, in turn, impede economic development. Despite extensive literature on the … migration-trade nexus, there are few examples of policymakers highlighting the role of migration for internationalization. One …
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pattern of results is consistent with the hypothesis that migration mainly reduces fixed trade costs derived from information … migration as a tool for increasing trade. We attempt to put this position to empirical scrutiny. Our results demonstrate that … migrants spur exports, especially along the extensive product margin of trade and for differentiated products, but with no …
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in international trade and foreign direct investment, from pioneering country-level studies to nascent firm-level studies …
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