Showing 1 - 10 of 20
Persistent link: https://www.econbiz.de/10011669060
We examine how the Bank of Japan’s purchase of exchange traded funds (ETFs) affects companies’ profit, innovation investment, and governance using a difference-in-differences method. The Bank of Japan has purchased ETFs tracking Nikkei 225 and TOPIX since December 2010. The results show that...
Persistent link: https://www.econbiz.de/10013238296
Persistent link: https://www.econbiz.de/10015358970
Persistent link: https://www.econbiz.de/10014442773
Persistent link: https://www.econbiz.de/10009305900
Persistent link: https://www.econbiz.de/10009762470
Persistent link: https://www.econbiz.de/10009627037
Persistent link: https://www.econbiz.de/10012134687
Persistent link: https://www.econbiz.de/10012590801
Past studies in the literature of the law of one price (LOP) show statistically significant but economically subtle roles of geographical distance in regional price dispersions. In this paper, we challenge this empirical "death of distance"' as a primary source of LOP violations investigating a...
Persistent link: https://www.econbiz.de/10013136882