Nominal price does not predict average stock returns in the cross-section of US stocks using the NYSE break-pointed, value-weighted portfolio formation approach adopted in the recent asset-pricing literature. The evidence in support of return predictability is largely constrained to small...

These datasets have been co-submitted to this journal with the research article “A multi-method analysis of the PCAOB's relationship with the audit profession” [1]. The purpose of these datasets is to assist readers of the research article in obtaining further details on two analyses...

Nominal price does not predict average stock returns in the cross-section of US stocks using the NYSE break-pointed, value-weighted portfolio formation approach adopted in the recent asset-pricing literature. The evidence in support of return predictability is largely constrained to small...

This paper uses merger simulations to predict post-merger prices for six major airline mergers from the 1980's, and compares these predictions with actual post-merger prices. Simulations which incorporate varying degrees of post-merger information allow us to decompose the actual price changes...

We estimate international technology spillovers to U.S. manufacturing firms via imports and foreign direct investment (FDI) between the years of 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to significant productivity gains for domestic firms. The size of FDI...

Due to the rapid globalization that has resulted in global interaction and communication, the growth of international companies, an increasing number of cross-cultural mergers and acquisitions, and the formation of strategic alliances and agreements, intercultural business negotiation has become...

This paper examines why enrollment of foreign national students in U.S. economics graduate programs increased so dramatically since the 1960s. The primary contribution of this paper is that it offers new information regarding the "stay rates" (the proportion of foreign doctorates from U.S....

Globalization of production is one of the dominant issues of the international economy. This paper explores how country characteristics influence the choice of developing country export bases by U.S. multinationals. It separately analyzes two types of exports, exports to the headquarters country...

Thucydides’ History of the Peloponnesian War (hereafter History) is a classical document that narrates “the transformation of the Athenian empire from a hegemonia into an arche.” There are many political actors in History, hence many strategies to ponder upon. In this essay some of these...