Narrow search
Showing 1 - 10 of 133
Cover Image
Volatility, employment and the patterns of FDI in emerging markets
Aizenman, Joshua - 2002
The purpose of this paper is to explore the implications of the deepening presence of multinationals in emerging markets on the cost of macroeconomic volatility there. We find that macroeconomic volatility has a potentially large impact on employment and investment decisions of multinationals...
Persistent link: https://www.econbiz.de/10012469306
Cover Image
Anxiety or Pain? The Impact of Tariffs and Uncertainty on Chinese Firms in the Trade War
Benguria, Felipe - 2020
The unexpected outbreak of the U.S.-China trade war led to dramatic increases in the import and export tariffs …
Persistent link: https://www.econbiz.de/10012482140
Cover Image
What Gets Measured Gets Managed : Investment and the Cost of Capital
He, Zhiguo; Liao, Guanmin; Wang, Baolian - National Bureau of Economic Research - 2022
evidence that incentive schemes affect real investment and sheds new light on challenges faced by economic reforms in China …
Persistent link: https://www.econbiz.de/10012938744
Cover Image
Is the Stock Market Just a Side Show? Evidence from a Structural Reform
Campello, Murillo - 2014
The 2005 split-share reform in China mandated the conversion of nontradable stocks into tradable status. This paper …
Persistent link: https://www.econbiz.de/10012458543
Cover Image
Why Have Economic Reforms in Mexico Not Generated Growth?
Kehoe, Timothy J. - 2010
best, particularly in comparison with that of China. Comparing these countries and reviewing the literature, we conclude … gained from trade, and by some measures, more so than China. We sketch out a theory in which developing countries can grow … continuing reforms, Chinese growth is likely to slow down sharply, perhaps leaving China at a level less than Mexico's real GDP …
Persistent link: https://www.econbiz.de/10012462077
Cover Image
The Stock Connect to China
He, Zhiguo; Wang, Yuehan; Zhu, Xiaoquan - National Bureau of Economic Research - 2023
As a bridge between Chinese mainland and international financial markets, the Stock Connect program allows investors on both sides to gain mutual access. By analyzing how cross-border flows respond to macro-related shocks, we show that compared with possibly homemade foreign investors, genuine...
Persistent link: https://www.econbiz.de/10013537785
Cover Image
Market Size and Spatial Growth - Evidence from Germany's Post-War Population Expulsions
Peters, Michael - National Bureau of Economic Research - 2021
Virtually all theories of economic growth predict a positive relationship between population size and productivity. In this paper I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. In the aftermath of the Second World War about...
Persistent link: https://www.econbiz.de/10012660007
Cover Image
The Direct and Indirect Effects of Small Business Administration Lending on Growth : Evidence from U.S. County-Level Data
Young, Andrew T. - 2014
Conventional wisdom suggests that small businesses are innovative engines of Schumpetarian growth. However, as small businesses, they are likely to face credit rationing in financial markets. If true then policies that promote lending to small businesses may yield substantial economy-wide...
Persistent link: https://www.econbiz.de/10012458122
Cover Image
What Hurts Most? G-3 Exchange Rate or Interest Rate Volatility
Reinhart, Carmen M. - 2001
With many emerging market currencies tied to the U.S. dollar either implicitly or explicitly, movements in the exchange values of the currencies of major countries have the potential to influence the competitive position of many developing countries. According to some analysts, establishing...
Persistent link: https://www.econbiz.de/10012470183
Cover Image
The Costs of Macroprudential Policy
Richter, Björn - 2018
Central banks increasingly rely on macroprudential measures to manage the financial cycle. However, the effects of such policies on the core objectives of monetary policy to stabilise output and inflation are largely unknown. In this paper, we quantify the effects of changes in maximum...
Persistent link: https://www.econbiz.de/10012480642