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The balance sheet presents the liquidities balance and the liquidity equivalents of the company at the end of the period. By examining the balances referring to the two consecutive periods, it can be ...
We construct measures of net private and public capital ows for a large cross-section of developing countries considering both creditor and debtor side of the international debt transactions. Using ...
Many theoretical models of labor market search imply a tight link between worker flows (hires and separations) and job gains and losses at the employer level. We use rich establishment-level data to...
Capital Cash Flows: A Simple Approach to Valuing Risky Cash Flows.
We explore a new channel for attracting inflows using a unique dataset of corporate 401(k) retirement plans and their mutual fund family trustees. Families secure substantial inflows by being named tr...
Multinational Firms, FDI Flows and Imperfect Capital Markets.
We provide a theoretical description of a process that is capable of generating growth and income convergence among economies, and where freer trade has persistent, positive effects on productivity, b...
‘Global liquidity’ focuses on the role of cross-border banking in the international transmission of financial conditions. This column argues that when global banks apply more lenient conditions on nat...
Banks and Cross-Border Capital Flows: Policy Challenges and Regulatory Responses。
We propose and document the evidence for an analogy between the dynamics of granular counter-flows in the presence of bottlenecks or restrictions and financial price formation processes. Using extensi...
We study the structure of inter-industry relationships using networks of money flows between industries in 20 national economies. We find these networks vary around a typical structure characterized b...
Examines the accumulation of foreign currency reserve assets and explore its implications for monetary policy, global financial markets and the U.S. economy. Explanation on the simplified central bank...
How mobile is capital across countries? Does the expansion of world financial markets in the 1970s and 1980s reflect a tendency towards one integrated world capital market, accessible for both industr...
Much of the post-development agenda is concerned with decoupling Eurocentric imaginings of development from development practices in ‘remote’ regions and exploring new forms of economy that can enhanc...

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