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Is ‘no news’ really ‘good news’? Country visibility and FDI location choice
(2017-06-29)
In choosing where to invest, firms seek out information on a set of possible locations. Information asymmetries may make country visibility particularly important in decisions to locate investment abroad. We develop a ...
Exchange Rates and Trade Balances: Effects of Intra-Industry Trade and Vertical Specialization
(2020-08)
To examine how changes in relative national prices affect trade flows, this study estimates the impact of changes in industry-specific effective real exchange rates on industry-level trade balances, exports, and imports. ...