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predictors of the financial and trade shock during the crisis. The severity of the financial shock was further exacerbated by … financial ties to the U.S., while the trade shock was more severe in EMs with a larger commodity export share. -- exchange …
Persistent link: https://www.econbiz.de/10008688979
predictors of the financial and trade shock during the crisis. The severity of the financial shock was further exacerbated by … financial ties to the U.S., while the trade shock was more severe in EMs with a larger commodity export share. -- Exchange …
Persistent link: https://www.econbiz.de/10008699014
This paper provides a dataset on the currency composition of the international investment position for a group of 50 countries for the period 1990-2017. It improves available data based on estimates by incorporating actual data reported by statistical authorities and refining estimation methods....
Persistent link: https://www.econbiz.de/10012224121
When do multinationals show resilience during natural disasters? To answer this, we develop a simple model in which … multinationals and local firms in the host country are interacted through input-output linkages. When natural disasters seriously hit … productivity and disaster reconstruction …
Persistent link: https://www.econbiz.de/10013225555
How well do countries cope with the aftermath of natural disasters? In particular, how well do international financial … flows buffer economic losses from disasters? This paper focuses on hurricanes (one of the most common and destructive types … of disasters), and examines the impact of hurricane damages on resource flows to affected countries. Due to the potential …
Persistent link: https://www.econbiz.de/10014065896
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Persistent link: https://www.econbiz.de/10012802716
Historically, sovereign debt in local currency has been considered safer than debt in foreign currency. Yet the literature offers scant theoretical or empirical guidance as to why such a gap exists, or why it appears to have slowly and steadily diminished for all regions over the past two...
Persistent link: https://www.econbiz.de/10012924033