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This paper examines the impact of the presence of a forward exchange market on the financial and operational decisions of a multinational firm. The study concentrates especially on the effects of increased uncertainly and increased risk aversion on the part of the multinational firm. It is shown...
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The standard approach to mea suring earnings differentials is extended to include a female participation deci sion, and the effectsof sample selection are analyzed. A substantial proportion of the earnings differential between men and women in the U.K. graduate labor m arket can be attributed to...
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