Relational contracts and development
R Macchiavello - Annual Review of Economics, 2022 - annualreviews.org
This article reviews an emerging body of evidence on relational contracts, defined as
informal arrangements sustained by the value of future interactions. We focus on developing …
informal arrangements sustained by the value of future interactions. We focus on developing …
[图书][B] The curse of cash: How large-denomination bills aid crime and tax evasion and constrain monetary policy
K Rogoff - 2017 - degruyter.com
“A brilliant and lucid new book”(John Lanchester, New York Times Magazine) about why
paper money and digital currencies lie at the heart of many of the world's most difficult …
paper money and digital currencies lie at the heart of many of the world's most difficult …
Anatomy of corporate borrowing constraints
Macro-finance analyses commonly link firms' borrowing constraints to the liquidation value
of physical assets. For US nonfinancial firms, we show that 20% of debt by value is based on …
of physical assets. For US nonfinancial firms, we show that 20% of debt by value is based on …
[PDF][PDF] Global value chains in developing countries: a relational perspective from coffee and garments
L Boudreau, J Cajal-Grossi… - Journal of Economic …, 2023 - pubs.aeaweb.org
There is a consensus that global value chains have aided developing countries' growth. This
essay highlights the governance complexities arising from participating in such chains …
essay highlights the governance complexities arising from participating in such chains …
[图书][B] Global production: Firms, contracts, and trade structure
P Antràs - 2015 - books.google.com
Global Production is the first book to provide a fully comprehensive overview of the
complicated issues facing multinational companies and their global sourcing strategies. Few …
complicated issues facing multinational companies and their global sourcing strategies. Few …
Friendly fire: The trade impact of the Russia sanctions and counter-sanctions
M Crozet, J Hinz - Economic Policy, 2020 - academic.oup.com
Economic sanctions are a frequently used instrument of foreign policy. In a diplomatic
conflict, they aim to elicit a change in the policies of a foreign government by damaging their …
conflict, they aim to elicit a change in the policies of a foreign government by damaging their …
Credit constraints, heterogeneous firms, and international trade
K Manova - Review of Economic Studies, 2013 - academic.oup.com
Financial market imperfections severely restrict international trade flows because exporters
require external capital. This article identifies and quantifies the three mechanisms through …
require external capital. This article identifies and quantifies the three mechanisms through …
Dissecting the effect of credit supply on trade: Evidence from matched credit-export data
D Paravisini, V Rappoport, P Schnabl… - The review of …, 2015 - academic.oup.com
We estimate the elasticity of exports to credit using matched customs and firm-level bank
credit data from Peru. To account for non-credit determinants of exports, we compare …
credit data from Peru. To account for non-credit determinants of exports, we compare …
Domestic institutions as a source of comparative advantage
Domestic institutions can have profound effects on international trade. This chapter reviews
the theoretical and empirical underpinnings of this insight. Particular attention is paid to …
the theoretical and empirical underpinnings of this insight. Particular attention is paid to …