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We argue that after an increase in domestic ambiguity, countries with higher ambiguity aversion should see a larger fall in foreign bias than countries with lower ambiguity aversion. We empirically test this hypothesis using cross-border equity holdings from 22 developed and emerging countries...
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The purpose of this case is to provide a setting to analyze the impact of major events (e.g., the Olympic Games) on property prices. By focusing on the Wangjing area in Beijing, the impact of the 2008 Olympic Games on Beijing's residential property market can be analyzed using transaction data...
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