in The Quarterly Journal of Economics
May 2014; p ublished online March 2014 .
Journal Article. Subjects: Prices, Business Fluctuations, and Cycles; Macroeconomic Aspects of International Trade and Finance; International Finance. 17466 words.
We use a novel data set of online prices of identical goods sold by four large global retailers in dozens of countries to study good-level real exchange rates and their aggregated behavior....
in The Review of Financial Studies
July 2018; p ublished online April 2018 .
Journal Article. Subjects: International Finance; Macroeconomic Aspects of International Trade and Finance; Economics; Financial Regulation; Macroeconomics and Monetary Economics; Growth and Fluctuations. 15176 words.
We study the effects of stock market volatility on risk-taking and financial crises by constructing a cross-country database spanning up to 211 years...