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<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>
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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...
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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...
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This paper considers three channels through which globalization of information technology products may affect economic growth: Terms of trade in IT products in international trade, economies of scale in IT production and trade, and variety in IT consumption and trade. The empirical question...
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Using the Kauffman Firm Survey, we examine how characteristics of a startup's assets, information about the startup, and entrepreneur attributes relate to financial structure at inception. Startups with more physical assets or those where the entrepreneurs have other similar businesses are more...
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