In recent years, extreme shocks (such as natural disasters) have increased in both frequency and intensity. Consequently, many cities have experienced significant economic losses. Quantifying the economic cost to local businesses after extreme shocks is important for postdisaster assessment and...

The paper analyses and compares the domestic and cross-border effects of US and euro area unconventional monetary policy measures on 24 major advanced and emerging economies, based on an estimated global vector error-correction model (GVECM). Unconventional monetary policies are measured using...

Organizational structures are increasingly complex. In particular, more firms today operate as multi-sided platforms. In this paper, we study how platform firms use repositioning and cost-cutting in response to competition, elucidate external and internal factors that constrain or enable these...