“...We estimate firms’ cash flow sensitivity of cash to empirically test how the financial system’s structure and level of development influence their financial...”

“...We present empirical evidence on the real interest parity hypothesis for a set of emerging and developed countries. This is done by carrying out a set of...”

“...This paper documents a robust and sustained decline in exchange rate pass-through to U.S. import prices, from well above 0.5 during the 1970s and 1980s to...”

“...A widespread view holds that countries that finance themselves through foreign direct investment and portfolio equity, rather than bonds and loans, are less...”

“...We estimate nonlinear time-series models of the deviations of the dollar–sterling and dollar–mark exchange rates from the level suggested by simple monetary...”

“...This paper re-examines the determinants of Net Interest Margin (NIM) in the banking industries of 15 developed and emerging economies. It presents three main...”

“...We make use of a new database on daily currency fund manager returns over a three-year period, 2005–2008. This higher frequency data allows us to estimate both...”

“...In this paper we analyze high-frequency movements in Swiss asset markets in reaction to real-time communication by the Swiss National Bank. Our analysis of...”

“...This paper estimates and analyzes the reaction function of Japanese intervention in the foreign exchange (Forex) markets, using daily Japanese intervention...”

“...The plethora of currency crises around the world has fueled many theories on the causes of speculative attacks. The first-generation models focus on fiscal...”