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The paper shows how excessive reporting, called "crying wolf", can dilute the information value...

The Two Faces of Financial Globalization looks at the phenomenon of rising cross-border financial...

We model an economy in which domestic banks and firms face incentive constraints, as in Holmstrom...

Recent studies conclude that the ongoing global financial integration may have had little or no...

In the past several years, the ten new Central and Eastern European members of the European Union...

This paper studies the detrimental effect of sudden stops on the growth of Thai firms' fixed...