Search Results for Present-value model

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This paper identifies a remittances channel that transmits exogenous shocks, such as business...

We study the behavior of private pension funds as large depositors in a banking system. Using...

Most estimates of Indian manufacturing productivity find a slowdown in the 1990s. This has...

Gaining a better understanding of the behavior of international investors is key for informing...

Using newly-constructed data covering the last decade, we document that, in most of forty...

The paper compares trends in financial integration within Asia with those in industrialized...