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The process of globalization encompasses economic and financial integration. Abolition of capital controls and … and inflation rates. China has recently adopted International Financial Reporting Standards (IFRS) in her efforts to …
Persistent link: https://www.econbiz.de/10010320377
Persistent link: https://www.econbiz.de/10011292114
The information and communications revolution has hastened the process of globalization in today's world of business …
Persistent link: https://www.econbiz.de/10010305669
This paper uses survey data on employment immigrants in Australia and the United States to identify the main determinants of the size and skill composition of employment immigrants to developed countries. Our approach emphasizes the key roles of world prices of skills and country proximity. Our...
Persistent link: https://www.econbiz.de/10010276392
high-skill) migration is becoming the dominant pattern of international migration and a major aspect of globalization. We …
Persistent link: https://www.econbiz.de/10010278431
This paper analyzes the potential effect of global market competition on inflation dynamics. It does so through the lens of the Calvo model of staggered price setting, which implies that inflation depends on expected future inflation and a measure of marginal costs. I modify the assumption of a...
Persistent link: https://www.econbiz.de/10010283496
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The paper shows that US monetary policy has been an important determinant of global equity markets. Analysing 50 equity markets worldwide, we find that returns fall on average around 3.8% in response to a 100 basis point tightening of US monetary policy, ranging from a zero response in some to a...
Persistent link: https://www.econbiz.de/10011604662
between accounting conservatism, generated in created critical accounting policy choices, and management abilities in … estimates and prediction power of domicile private sector accounting. Primary research is conducted based on firms' financial … statements, constructing CAPCBIH (Critical Accounting Policy Choices relevant in B&H) variable that presents particular internal …
Persistent link: https://www.econbiz.de/10011551376
The objective of the IFRS for SMEs is to provide SMEs an attractive accounting alternative according to international …
Persistent link: https://www.econbiz.de/10010300366