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Manuscript Type: EmpiricalResearch Question/Issue: We examine determinants of cash holdings in Chinese subsidiaries of U.S. multinational corporations (MNCs), a setting where growth opportunities make cash holdings desirable for investment opportunities but also vulnerable to potential...
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This paper examines the impact of trade liberalization on U.S. Congressional elections. We find that U.S. counties subject to greater competition from China via a change in U.S. trade policy exhibit relative increases in turnout, the share of votes cast for Democrats and the probability that the...
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