in Oxford Review of Economic Policy
January 2015; p ublished online December 2015 .
Journal Article. Subjects: Information, Knowledge, and Uncertainy; Economic Development; International Financial Markets; Prices, Business Fluctuations, and Cycles; International Finance. 10332 words.
Official development assistance is a key source of external finance in many developing countries. A striking feature of these aid flows is their positive correlation with business cycles in...
in The Review of Financial Studies
October 2018; p ublished online January 2018 .
Journal Article. Subjects: International Finance; International Financial Markets; Corporate Governance; Economic Development. 17242 words.
We study market segmentation effects using data on U.S. railroads that list their bonds in New York and London between 1873 and 1913. This sample...