This paper brings together the literature on determination of home bias in equity holdings and the portfolio balance model of exchange rates to consider whether the dollar might be affected by a change in transactions costs that alters international portfolio allocations. Our empirical findings...

<Para ID="Par1">A dataset of every U.S. Treasury auction from 2003 to 2012 investigates how Federal Reserve policy of quantitative easing (QE) affects the high-yield at Treasury auctions. Market structural factors known in advance (Federal funds rate, Standard and Poor’s, Chicago Board Option Exchange Market...</para>

Does foreign aid spent on trade facilitation increase trade flows of developing countries? There is an on-going and high profile discussion of aid-for-trade associated with the Doha negotiations of the World Trade Organization. There continue also questions about how best to achieve the...

This report, prepared for the Committee on Economic Statistics of the American Economic Association, examines the state of available data for the study of international trade and foreign direct investment. Data on values of imports and exports of goods are of high quality and coverage, but price...