Now showing items 1-2 of 2
Stock market openings: Experience of emerging economies
(University of Chicago Press, 2000-01)
This article is an exploratory examination of the benefits and risks associated with opening of stock markets. Specifically, we estimate changes in the level and volatility of stock returns, inflation, and exchange rates ...
Foreign currency - Denominated debt: An empirical examination
(University of Chicago Press, 2003-10)
We examine the determinants of debt issuance in 10 major currencies by large U. S. firms. Using the fraction of foreign subsidiaries and tests exploiting the disaggregated nature of our data, we find strong evidence that ...