Showing 1 - 10 of 269
only to describe the contracting practices of US and Canadian franchisors in Mexico but, most importantly, to compare them … most to study franchisors' domestic and international operations, namely agency and internationalization theory, and use … agreements in Mexico compared to their home market. Our empirical results confirm hypotheses derived from the theories …
Persistent link: https://www.econbiz.de/10012470547
, which refers to price stability and high employment, and in which the exchange rate and other international variables matter … heavily shaped by the distinctive circumstances of the last three decades, when the influence of international considerations … on Fed policy has been limited. I discuss how the Federal Reserve paid significant attention to international …
Persistent link: https://www.econbiz.de/10012459256
Perhaps because health care is a local service sector, health economists have paid little attention to international … linkages between domestic health care economies. However, the growth in domestic health care sectors is often attributed to … spending growth, spending growth in a given country is thereby highly affected by health care economies and policies of other …
Persistent link: https://www.econbiz.de/10012459381
allocation of resources across developed countries at the business cycle frequency. Here we discuss how evidence on international … quantity comovement, exchange rates, asset prices, and international portfolio holdings can be used to assess efficiency …
Persistent link: https://www.econbiz.de/10012459706
This paper explores the link between mobility and the presence of international research networks. Data come from the … evidence suggests that migration plays an important role in the formation of international networks. Approximately 40 percent … that internationally mobile researchers contribute significantly to extending the international scope and quality of the …
Persistent link: https://www.econbiz.de/10012460047
This paper analyzes the tax haven investment behavior of multinational firms from a country that exempts foreign income from taxation. High foreign tax rates generally encourage firms to invest in tax havens, though significant costs of reallocating taxable income dampen these incentives. The...
Persistent link: https://www.econbiz.de/10012461013
This paper presents a model of international portfolios with real exchange rate and non financial risks that accounts …
Persistent link: https://www.econbiz.de/10012461098
The standard international tax model is extended to allow for heterogeneous firms when agglomeration forces are …
Persistent link: https://www.econbiz.de/10012463541
We investigate the impact of two types of financial liberalizations on short- and long-horizon capital flows to emerging markets in a framework that controls for push and pull factors. The first type of liberalization, a reduction in capital controls, is countrywide but uncertain, because its...
Persistent link: https://www.econbiz.de/10012466073
This paper evaluates the ability of U.S. investors to allocate their foreign equity portfolios across 44 countries over a 25-year period. We find that U.S. portfolios achieved a significantly higher Sharpe ratio than foreign benchmarks, especially since 1990. We test whether this strong...
Persistent link: https://www.econbiz.de/10012466319