Showing 1 - 10 of 68
Persistent link: https://www.econbiz.de/10001226565
Persistent link: https://www.econbiz.de/10001226572
Persistent link: https://www.econbiz.de/10001228169
Persistent link: https://www.econbiz.de/10001242938
We document a broad-based trend in rising cash holdings of firms across major industrialized countries over the last two decades, a trend that is most pronounced for firms engaged strongly in R and D activities. Our contributions to the literature are twofold. First, we develop a simple model...
Persistent link: https://www.econbiz.de/10012001582
Over the last two decades, world trade and production have become increasingly organized around global value chains …
Persistent link: https://www.econbiz.de/10012001583
We estimate world cycles using a new quarterly dataset of output, credit and asset prices assembled using IMF archives … and covering a large set of advanced and emerging economies since 1950. World cycles, both real and financial, exist and … time. Although this is true for prices (goods and assets), this not true for quantities (output and credit). The world …
Persistent link: https://www.econbiz.de/10012103742
Persistent link: https://www.econbiz.de/10010418138
Persistent link: https://www.econbiz.de/10010441940
Macro statistics on foreign direct investment (FDI) are blurred by offshore centers with enormous inward and outward investment positions. This paper uses several new data sources, both macro and micro, to estimate the global FDI network while disentangling real investment and phantom investment...
Persistent link: https://www.econbiz.de/10012155009