Rund um den Globus läuft ein Großangriff auf unseren Wohlstand. Die neuen Nationalisten wollen Grenzen schließen, den Handel beschränken, die internationale Verflechtung der Wirtschaft zurückdrehen. Für den Exportweltmeister Deutschland ist diese schleichende Deglobalisierung besonders...

We study the impact of nationalism and interstate frictions on international economic relations by analyzing market reaction to adverse shocks to Sino-Japanese relations in 2005 and 2010. Japanese companies with high China exposure suffer relative declines during each event window; a symmetric...

We study the impact of nationalism and interstate frictions on international economic relations by analyzing market reaction to adverse shocks to Sino-Japanese relations in 2005 and 2010. Japanese companies with high China exposure suffer relative declines during each event window; a symmetric...

This study uses discontinuities in U.S. strategies employed during the Vietnam War to estimate their causal impacts. It identifies the effects of bombing by exploiting rounding thresholds in an algorithm used to target air strikes. Bombing increased the military and political activities of the...