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Vadym Volosovych

Citations

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Working papers

  1. Dyaran Bansraj & Han Smit & Vadym Volosovych, 2020. "Can Private Equity Funds Act as Strategic Buyers? Evidence from Buy-and-Build Strategies," Tinbergen Institute Discussion Papers 20-041/IV, Tinbergen Institute.

    Cited by:

    1. Iioka, Yasutake & Yamada, Yuji, 2023. "The evolution of capital structure and debt governance: Evidence from private equity-backed companies in Japan," Pacific-Basin Finance Journal, Elsevier, vol. 79(C).
    2. Sharjil M. Haque, 2023. "Does Private Equity Over-Lever Portfolio Companies?," Finance and Economics Discussion Series 2023-009, Board of Governors of the Federal Reserve System (U.S.).

  2. Vadym Volosovych & Bent E. Sørensen & Carolina Villegas-Sánchez & Christian Fons-Rosen, 2017. "Foreign Investment and Domestic Productivity: Identifying Knowledge Spillovers and Competition Effects," Working Papers 986, Barcelona School of Economics.

    Cited by:

    1. Francesca de Nicola & Balázs Muraközy & Shawn W. Tan, 2021. "Spillovers from high growth firms: evidence from Hungary," Small Business Economics, Springer, vol. 57(1), pages 127-150, June.
    2. Escobar, Octavio & Mühlen, Henning, 2018. "The role of FDI in structural change: Evidence from Mexico," Hohenheim Discussion Papers in Business, Economics and Social Sciences 22-2018, University of Hohenheim, Faculty of Business, Economics and Social Sciences.
    3. Cai, Sheng & Xiang, Wei, 2025. "Multinational production, technology diffusion, and economic growth," Journal of International Economics, Elsevier, vol. 157(C).
    4. Girum Abebe & Margaret S. McMillan & Michel Serafinelli, 2018. "Foreign Direct Investment and Knowledge Diffusion in Poor Locations," NBER Working Papers 24461, National Bureau of Economic Research, Inc.
    5. Sabrina Lucia Di Addario & Zhexin Feng & Michel Serafinelli, 2024. "Inventors' Coworker Networks and Innovation," Development Working Papers 497, Centro Studi Luca d'Agliano, University of Milano.
    6. Woretaw Motbaynor Workneh & Rakesh Kumar, 2026. "Foreign direct investment in the manufacturing sector of Ethiopia (1996–2021): productivity performance and technology spillover perspectives," Future Business Journal, Springer, vol. 12(1), pages 1-19, December.
    7. Bernard Hoekman & Marco Sanfilippo, 2023. "Trade and value chain participation: Domestic firms and FDI spillovers in Africa," The World Economy, Wiley Blackwell, vol. 46(11), pages 3367-3391, November.
    8. Lishi Liu & Shuang Meng & Jiajie Yu, 2022. "Innovation from Spatial Spillovers of FDI and the Threshold Effect of Urbanization: Evidence from Chinese Cities," Sustainability, MDPI, vol. 14(10), pages 1-16, May.
    9. Shunan Zhao & Man Jin & Subal C. Kumbhakar, 2021. "Estimation of firm productivity in the presence of spillovers and common shocks," Empirical Economics, Springer, vol. 60(6), pages 3135-3170, June.
    10. Köllő, János & Boza, István & Balázsi, László, 2020. "Wage Gains from Foreign Ownership: Evidence from Linked Employer-Employee Data," IZA Discussion Papers 13040, IZA Network @ LISER.
    11. Dyaran Bansraj & Han Smit & Vadym Volosovych, 2020. "Can Private Equity Funds Act as Strategic Buyers? Evidence from Buy-and-Build Strategies," Tinbergen Institute Discussion Papers 20-041/IV, Tinbergen Institute.
    12. Hou, Zhezhi & Jin, Man & Kumbhakar, Subal C., 2020. "Productivity spillovers and human capital: A semiparametric varying coefficient approach," European Journal of Operational Research, Elsevier, vol. 287(1), pages 317-330.
    13. Li, Xiang & Su, Dan, 2022. "Total factor productivity growth at the firm-level: The effects of capital account liberalization," Journal of International Economics, Elsevier, vol. 139(C).
    14. Bernard Hoekman & Marco Sanfilippo & Margherita Tambussi, 2023. "Foreign Direct Investment and Structural Transformation in Africa," RSCAS Working Papers 2023/02, European University Institute.
    15. Genthner, Robert & Kis-Katos, Krisztina, 2022. "Foreign investment regulation and firm productivity: Granular evidence from Indonesia," Journal of Comparative Economics, Elsevier, vol. 50(3), pages 668-687.
    16. Man Jin & Huiting Tian & Subal C. Kumbhakar, 2020. "How to survive and compete: the impact of information asymmetry on productivity," Journal of Productivity Analysis, Springer, vol. 53(1), pages 107-123, February.
    17. Bournakis, Ioannis, 2021. "Spillovers and productivity: Revisiting the puzzle with EU firm level data," Economics Letters, Elsevier, vol. 201(C).
    18. Yilmaz Bayar & Marius Dan Gavriletea & Zeki Ucar, 2018. "Financial Sector Development, Openness, and Entrepreneurship: Panel Regression Analysis," Sustainability, MDPI, vol. 10(10), pages 1-11, September.
    19. Sèna Kimm Gnangnon, 2023. "Do Aid for Trade Flows Affect Technology Licensing in Recipient Countries?," JRFM, MDPI, vol. 16(12), pages 1-31, December.
    20. Crescenzi, Riccardo & Limodio, Nicola, 2021. "The impact of Chinese FDI in Africa: evidence from Ethiopia," LSE Research Online Documents on Economics 108455, London School of Economics and Political Science, LSE Library.
    21. Eoin T. Flaherty, 2024. "Do former employees of foreign MNEs boost incumbent workers’ wages in domestic firms?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 160(4), pages 1615-1655, November.
    22. Gnangnon, Sèna Kimm, 2023. "Do Aid for Trade flows affect Technology Licensing in Recipient Countries?," EconStor Preprints 273419, ZBW - Leibniz Information Centre for Economics.
    23. Bournakis, Ioannis & Papanastassiou, Marina & Papaioannou, Sotiris, 2020. "Multinationals and Domestic TFP: Market Shares, Agglomerations Gains and Foreign Ownership," MPRA Paper 106626, University Library of Munich, Germany.
    24. Yoonseok Lee & Mary E. Lovely & Hoang Pham, 2021. "Dynamic and Non-Neutral Productivity Effects of Foreign Ownership: A Nonparametric Approach," Center for Policy Research Working Papers 236, Center for Policy Research, Maxwell School, Syracuse University.
    25. Yuegang Song & Ziqi Wang & Yuzhen Yang, 2024. "The green transformation effect of foreign patent applications in China: evidence from Chinese manufacturing enterprises," Economic Change and Restructuring, Springer, vol. 57(6), pages 1-44, December.
    26. ArÅ«nas Burinskas & ArÅ«nas Burinskas & Rasmus Bøgh Holmen & Manuela TvaronaviÄ ienÄ— & AgnÄ— Å imelytÄ— & Kristina RazminienÄ—, 2021. "FDI, technology & knowledge transfer from Nordic to Baltic countries," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 3(3), pages 31-55, September.
    27. Bloechliger, H. & Wildnerova, L., 2020. "Productivity of the Russian firms: Seven stylized facts," Journal of the New Economic Association, New Economic Association, vol. 48(4), pages 217-227.
    28. Ronald B. Davies & Mahdi Ghodsi & Francesca Guadagno, 2025. "Innovation interactions: Multinational spillovers and local absorptive capacity," wiiw Working Papers 265, The Vienna Institute for International Economic Studies, wiiw.
    29. Novikova, Tatyana S., 2022. "Investments in research infrastructure on the project level: Problems, methods and mechanisms," Evaluation and Program Planning, Elsevier, vol. 91(C).
    30. Arūnas Burinskas & Rasmus Bøgh Holmen & Manuela Tvaronavičienė & Agnė Šimelytė & Kristina Razminienė, 2021. "FDI, technology & knowledge transfer from Nordic to Baltic countries," Post-Print hal-03583969, HAL.
    31. Akcigit, Ufuk & Ates, Sina T. & Lerner, Josh & Townsend, Richard R. & Zhestkova, Yulia, 2024. "Fencing off Silicon Valley: Cross-border venture capital and technology spillovers," Journal of Monetary Economics, Elsevier, vol. 141(C), pages 14-39.

  3. Sebnem Kalemli-Ozcan & Bent Sørensen & Carolina Villegas-Sanchez & Vadym Volosovych & Sevcan Yesiltas, 2015. "How to Construct Nationally Representative Firm Level Data from the Orbis Global Database: New Facts on SMEs and Aggregate Implications for Industry Concentration," Tinbergen Institute Discussion Papers 15-110/IV, Tinbergen Institute, revised 25 Jan 2022.

    Cited by:

    1. Philippon, Thomas & Gutierrez, German, 2018. "How EU Markets Became More Competitive Than US Markets: A Study of Institutional Drift," CEPR Discussion Papers 12983, C.E.P.R. Discussion Papers.
    2. Bachtrögler, Julia & Hammer, Christoph & Reuter, Wolf Heinrich & Schwendinger, Florian, 2017. "Spotlight on the beneficiaries of EU regional funds: A new firm-level dataset," Department of Economics Working Paper Series 246, WU Vienna University of Economics and Business.
    3. Tembo Nakamoto & Abhijit Chakraborty & Yuichi Ikeda, 2019. "Identification of Key Companies for International Profit Shifting in the Global Ownership Network," Papers 1904.12397, arXiv.org.
    4. Tran, Ly Thi Hai & Ho, Tuan & Ho, Hoai Thu & Phung, Nam Duc, 2024. "Climate vulnerability and capital structure: Moderating effect of financial development, financial constraints, and 2015 Paris Agreement," International Review of Economics & Finance, Elsevier, vol. 96(PC).
    5. Ronald B. Davies & Iulia Siedschlag & Zuzanna Studnicka, 2021. "The impact of taxes on the extensive and intensive margins of FDI," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 28(2), pages 434-464, April.
    6. Brutscher, Philipp-Bastian & Coali, Andrea & Delanote, Julie & Harasztosi, Peter, 2020. "EIB Group Survey on Investment and Investment Finance: A technical note on data quality," EIB Working Papers 2020/08, European Investment Bank (EIB).
    7. Rungi, Armando & Del Prete, Davide, 2018. "The smile curve at the firm level: Where value is added along supply chains," Economics Letters, Elsevier, vol. 164(C), pages 38-42.
    8. Cristina Fernández & Aitor Lacuesta & José Manuel Montero & Alberto Urtasun, 2015. "Heterogeneity of markups at the firm level and changes during the great recession: the case of spain," Working Papers 1536, Banco de España.
    9. Vincent Van Roy & Tom Magerman & Daniel Nepelski, 2018. "Advancing the Innovation Radar - Enhancing Innovation Radar data with financial, patent and Venture Capital data," JRC Research Reports JRC114418, Joint Research Centre.
    10. Ufuk Akcigit & Sina T. Ates, 2019. "What Happened to U.S. Business Dynamism?," NBER Working Papers 25756, National Bureau of Economic Research, Inc.
    11. Müge Adalet McGowan & Dan Andrews & Valentine Millot, 2017. "Insolvency regimes, zombie firms and capital reallocation," OECD Economics Department Working Papers 1399, OECD Publishing.
    12. Groiss, Martin & Sondermann, David, 2023. "Help wanted: the drivers and implications of labour shortages," Working Paper Series 2863, European Central Bank.
    13. Damioli, Giacomo & Van Roy, Vincent & Vertesy, Daniel & Vivarelli, Marco, 2024. "AI as a new emerging technological paradigm: evidence from global patenting," GLO Discussion Paper Series 1467, Global Labor Organization (GLO).
    14. Gebauer, Stefan & Setzer, Ralph & Westphal, Andreas, 2018. "Corporate debt and investment: A firm-level analysis for stressed euro area countries," Journal of International Money and Finance, Elsevier, vol. 86(C), pages 112-130.
    15. Damioli, Giacomo & Van Roy, Vincent & Vertesy, Daniel & Vivarelli, Marco, 2025. "Is artificial intelligence leading to a new technological paradigm?," Structural Change and Economic Dynamics, Elsevier, vol. 72(C), pages 347-359.
    16. Maximilian Todtenhaupt & Johannes Voget, 2021. "International Taxation and Productivity Effects of M&As," CESifo Working Paper Series 8967, CESifo.
    17. Jangho Yang & Torsten Heinrich & Julian Winkler & Franc{c}ois Lafond & Pantelis Koutroumpis & J. Doyne Farmer, 2019. "Measuring productivity dispersion: a parametric approach using the L\'{e}vy alpha-stable distribution," Papers 1910.05219, arXiv.org, revised Apr 2022.
    18. Iwasaki, Ichiro & 岩﨑, 一郎 & Kočenda, Evžen & Shida, Yoshisada, 2021. "Distressed Acquisitions Evidence from European Emerging Markets," RRC Working Paper Series 90, Russian Research Center, Institute of Economic Research, Hitotsubashi University.
    19. Jun Hee Kwak, 2025. "A Causal Linkage: Corporate Debt and Sovereign Spreads," Empirical Economics, Springer, vol. 68(4), pages 1567-1611, April.
    20. M. Grazzi & C. Piccardo & C. Vergari, 2017. "Building a firm level dataset for the analysis of industrial dynamics and demography," Working Papers wp2003, Dipartimento Scienze Economiche, Universita' di Bologna.
    21. Gebauer, Stefan & Setzer, Ralph & Westphal, Andreas, 2017. "Corporate debt and investment: a firm analysis for stressed euro area countries," Working Paper Series 2101, European Central Bank.
    22. Kalemli-Özcan, Sebnem, 2016. "Emergence of Asia: Reforms, Corporate Savings, and Global Imbalances," CEPR Discussion Papers 11314, C.E.P.R. Discussion Papers.
    23. De Haas, Ralph & Guriev, Sergei & Stepanov, Alexander, 2025. "State ownership and corporate leverage around the world," Journal of Corporate Finance, Elsevier, vol. 93(C).
    24. Crowley, M. A. & Palacios, M. D. & Faraglia, E. & Giannitsarou, C. & Havemeister, L., 2026. "Adapting to Brexit: The Response of Corporate Structures to Geopolitical Uncertainty," Cambridge Working Papers in Economics 2619, Faculty of Economics, University of Cambridge.
    25. Zalas, Sebastian & Drążkowski, Hubert, . "Kształtowanie się udziału płac w wartości dodanej w Polsce. Nowe szacunki z danych jednostkowych," Gospodarka Narodowa-The Polish Journal of Economics, Szkoła Główna Handlowa w Warszawie / SGH Warsaw School of Economics, vol. 2023(3).
    26. Anna Białek‐Jaworska, 2022. "Revenue diversification and municipally owned companies’ role in shaping the debt of municipalities," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 93(4), pages 931-975, December.
    27. Papaioannou, Elias & Aminadav, Gur, 2019. "Corporate Control around the World," CEPR Discussion Papers 13706, C.E.P.R. Discussion Papers.
    28. Sergey Bondarkov & Victor Ledenev & Dmitriy Skougarevskiy, 2025. "Russian Financial Statements Database: A firm-level collection of the universe of financial statements," Papers 2501.05841, arXiv.org.
    29. Crispino, Marta & Conteduca, Francesco Paolo, 2024. "It's a match! Linking foreign counterparts in Italian customs data to their balance sheets," International Economics, Elsevier, vol. 179(C).
    30. Filippo Boeri & Riccardo Crescenzi & Davide Rigo, 2025. "Work from Home and Firm Productivity: The Role of ICT and Size," CESifo Working Paper Series 12253, CESifo.
    31. Matěj Bajgar & Petr Janský & Tijmen Tuinsma, 2025. "Tax Compliance of Multinationals and Industry Concentration in the European Union," Working Papers 038, EU Tax Observatory.
    32. Ascani, Andrea & Balachandran Nair, Lakshmi, 2025. "Innovation and zombie firms: Empirical evidence from Italy," Research Policy, Elsevier, vol. 54(3).
    33. Simone Lenzu & Francesco Manaresi, 2019. "Sources and implications of resource misallocation: new evidence from firm-level marginal products and user costs," Questioni di Economia e Finanza (Occasional Papers) 485, Bank of Italy, Economic Research and International Relations Area.
    34. Joanna Tyrowicz & Siri Terjesen & Jakub Mazurek, 2017. "All on board? New evidence on board gender diversity from a large panel of firms," GRAPE Working Papers 5, GRAPE Group for Research in Applied Economics.
    35. Konietschke, Paul & Metzler, Julian & Ponte Marques, Aurea, 2026. "A quantile probability model for sectoral corporate defaults in Europe," Working Paper Series 3207, European Central Bank.
    36. Autor, David & Dorn, David & Katz, Lawrence & Patterson, Christina & Van Reenen, John, 2017. "The Fall of the Labor Share and the Rise of Superstar Firms," IZA Discussion Papers 10756, IZA Network @ LISER.
    37. Neira, Julian, 2019. "Bankruptcy and cross-country differences in productivity," Journal of Economic Behavior & Organization, Elsevier, vol. 157(C), pages 359-381.
    38. Raimondos, Pascalis & McGaughey, Sara & La Cour, Lisbeth, 2018. "What is a foreign firm? Implications for productivity spillovers," CEPR Discussion Papers 12978, C.E.P.R. Discussion Papers.
    39. Peter N. Gal & Alexander Hijzen, 2016. "The Short-Term Impact of Product Market Reforms: A cross-country firm-level analysis," IMF Working Papers 2016/116, International Monetary Fund.
    40. Florian Gerth, 2017. "Allocative efficiency of UK firms during the Great Recession," Studies in Economics 1714, School of Economics, University of Kent.
    41. Johannes Boehm & Jan Sonntag, 2018. "Vertical Foreclosure in the Global Production Network," 2018 Meeting Papers 677, Society for Economic Dynamics.
    42. Vivien Lefebvre, 2023. "Turning 30 and myopic? Temporal orientation and the firm lifecycle," Post-Print hal-04563638, HAL.
    43. Gareth Anderson & Rebecca Riley & Garry Young, 2019. "Distressed Banks, Distorted Decisions?," National Institute of Economic and Social Research (NIESR) Discussion Papers 503, National Institute of Economic and Social Research.
    44. Dan Andrews & Chiara Criscuolo & Peter N. Gal, 2019. "The best versus the rest: divergence across firms during the global productivity slowdown," CEP Discussion Papers dp1645, Centre for Economic Performance, LSE.
    45. Borchert, Lea & de Haas, Ralph & Kirschenmann, Karolin & Schultz, Alison, 2024. "Broken relationships: De-risking by correspondent banks and international trade," BOFIT Discussion Papers 10/2024, Bank of Finland Institute for Emerging Economies (BOFIT).
    46. Sebastian, 2025. "Women in Top Corporate Positions and the Labor Share: Evidence from European Firms," GRAPE Working Papers 109, GRAPE Group for Research in Applied Economics.
    47. Albuquerque, Bruno & Iyer, Roshan, 2024. "The rise of the walking dead: Zombie firms around the world," Journal of International Economics, Elsevier, vol. 152(C).
    48. Matej Bajgar & Giuseppe Berlingieri & Sara Calligaris & Chiara Criscuolo & Jonathan Timmis, 2019. "Industry concentration in Europe and North America," CEP Discussion Papers dp1654, Centre for Economic Performance, LSE.
    49. Dao, Mai Chi & Minoiu, Camelia & Ostry, Jonathan D., 2021. "Corporate investment and the real exchange rate," Journal of International Economics, Elsevier, vol. 131(C).
    50. Todtenhaupt, Maximilian & Voget, Johannes, 2021. "International taxation and productivity effects of M&As," Journal of International Economics, Elsevier, vol. 131(C).
    51. Caggese, Andrea & Chiavari, Andrea & Goraya, Sampreet Singh & Villegas‑Sanchez, Carolina, 2025. "Climate change, firms, and aggregate productivity," Working Paper Series 3084, European Central Bank.
    52. Kohler, Wilhelm & Kukharskyy, Bohdan, 2019. "Offshoring under uncertainty," European Economic Review, Elsevier, vol. 118(C), pages 158-180.
    53. De Sanctis, Alessandro & Kapp, Daniel & Vinci, Francesca & Wojciechowski, Robert, 2025. "Unlocking growth? EU investment programmes and firm performance," Working Paper Series 3099, European Central Bank.
    54. Piotr Gabrielczak & Tomasz Serwach, 2021. "Firm-Size Distribution in Poland: Is Power Law Applicable?," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 2, pages 31-49.
    55. Saad Ahmad & Jeffrey Bergstrand & Jordi Paniagua & Heather Wickramarachi, 2025. "The Multinational Revenue, Employment, and Investment Database (MREID)," Working Papers 2504, Department of Applied Economics II, Universidad de Valencia.
    56. Tijmen Tuinsma & Kristof Witte & Petr Janský & Miroslav Palanský & Vitezslav Titl, 2025. "Effects of corporate transparency on tax avoidance: evidence from country-by-country reporting," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 32(5), pages 1366-1398, October.
    57. Barone, Guglielmo & Letta, Marco, 2025. "Unlevel playing field? Machine learning meets state aid regulation," International Journal of Industrial Organization, Elsevier, vol. 101(C).
    58. Kalemli-Özcan, Sebnem & Karabarbounis, Loukas & Gopinath, Gita & Villegas-Sanchez, Carolina, 2015. "Capital Allocation and Productivity in South Europe," CEPR Discussion Papers 10826, C.E.P.R. Discussion Papers.
    59. Miguel Almunia & David López-Rodríguez & Enrique Moral-Benito, 2018. "Evaluating the macro-representativeness of a firm-level database: an application for the Spanish economy," Occasional Papers 1802, Banco de España.
    60. Manuela Magalhães & Jesús Rodríguez-López, 2025. "Firm exit and entry over the business cycle in Spain," Journal of Productivity Analysis, Springer, vol. 64(3), pages 411-437, December.
    61. Dechezleprêtre, Antoine & Gennaioli, Caterina & Martin, Ralf & Muuls, Mirabelle & Stoerk, Thomas, 2019. "Searching for carbon leaks in multinational companies," LSE Research Online Documents on Economics 102615, London School of Economics and Political Science, LSE Library.
    62. Emilio Colombo & Luca Michele Portoghese & Patrizio Tirelli, 2025. "Broadband Shocks, TFP Growth and Polarisation of European Firms," DISEIS - Quaderni del Dipartimento di Economia internazionale, delle istituzioni e dello sviluppo dis2504, Università Cattolica del Sacro Cuore, Dipartimento di Economia internazionale, delle istituzioni e dello sviluppo (DISEIS).
    63. Dolores An~o´n Higo´n & Juan A. Man~ez & Mari´a E. Rochina-Barrachina & Amparo Sanchis & Juan A. Sanchis, 2018. "Follow the leader: Evidence of the Productivity catch-up of European firms," Working Papers 1806, Department of Applied Economics II, Universidad de Valencia.
    64. Serena Fatica & Tommaso Oliviero & Michela Rancan, 2025. "Judicial inefficiency and the default of zombie firms," CSEF Working Papers 747, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    65. Hamelin, Anaïs & Lefebvre, Vivien & Weill, Laurent, 2022. "No debt no performance? CEO gender matters," Economics Letters, Elsevier, vol. 219(C).
    66. Alessandro Ferrari & Sébastien Laffitte & Mathieu Parenti & Farid Toubal, 2024. "Profit Shifting and International Tax Reforms," Working Papers 011, EU Tax Observatory.
    67. Babina, Tania & Bahaj, Saleem & Buchak, Greg & De Marco, Filippo & Foulis, Angus & Gornall, Will & Mazzola, Francesco & Yu, Tong, 2025. "Customer data access and fintech entry: Early evidence from open banking," Journal of Financial Economics, Elsevier, vol. 169(C).
    68. Alvarez Martinez, Maria Teresa & Barrios, Salvador & Bettendorf, Leon & d'Andria, Diego & Gesualdo, Maria & Loretz, Simon & Pontikakis, Dimitrios & Pycroft, Jonathan, 2016. "A New Calibration for CORTAX: A computable general equilibrium model for simulating corporate tax reforms," JRC Working Papers on Taxation & Structural Reforms 2016-09, Joint Research Centre.
    69. Laudage, Sabine & Riedel, Nadine & Schmidt, Katharina & Strohmaier, Kristina & Voget, Johannes & Wickel, Sophia, 2026. "Transfer price documentation rules and multinational firm behavior: Evidence from France," ZEW Discussion Papers 26-007, ZEW - Leibniz Centre for European Economic Research.
    70. Conteduca, Francesco Paolo & Panon, Ludovic, 2024. "Natural Disasters and Markups," MPRA Paper 123008, University Library of Munich, Germany.
    71. Setzer, Ralph & Stieglitz, Moritz, 2019. "Firm-level employment, labour market reforms, and bank distress," IWH Discussion Papers 15/2019, Halle Institute for Economic Research (IWH).
    72. Roberto Steri & Lukas Schmid & Boris Nikolov, 2017. "Dynamic Financial Constraints: Which Frictions Matter for Corporate Policies?," 2017 Meeting Papers 630, Society for Economic Dynamics.
    73. Manuela Magalhâes & Jesús Rodríguez-López, 2025. "Firm Exit and Entry over the Business Cycle in Spain," Working Papers 25.02, Universidad Pablo de Olavide, Department of Economics.
    74. Loredana Fattorini & Mahdi Ghodsi & Armando Rungi, 2018. "Cohesion Policy Meets Heterogeneous Firms," wiiw Working Papers 142, The Vienna Institute for International Economic Studies, wiiw.
    75. Kaido Kepp & Kadri Männasoo, 2021. "Investment irreversibility and cyclical adversity: Implications for the financial performance of European manufacturing companies," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(7), pages 1665-1678, October.
    76. Santoleri Pietro & Rentocchini Francesco & Lelli Francesco, 2026. "LLM-assisted proposal writing in competitive R&D funding: Evidence from Horizon Europe," JRC Working Papers on Territorial Modelling and Analysis 2026-02, Joint Research Centre.
    77. Valeria, Gattai & Rajssa, Mechelli & Piergiovanna, Natale, 2016. "FDI and Heterogeneous Firms: Evidence from BRIC Countries," Working Papers 322, University of Milano-Bicocca, Department of Economics, revised 18 Jan 2016.
    78. Carsten Schröder & Charlotte Bartels & Markus M. Grabka & Martin Kroh & Rainer Siegers, 2018. "Machbarkeitsstudie zur Verbesserung der Forschungsdateninfrastruktur im Bereich Hochvermögender mit dem Sozio-oekonomischen Panel (SOEP)," SOEPpapers on Multidisciplinary Panel Data Research 981, DIW Berlin, The German Socio-Economic Panel (SOEP).
    79. Tito Boeri & Tommaso Crescioli & Andrea Garnero & Lorenzo G. Luisetto, 2025. "Collective bargaining and monopsony: The regulation of noncompete agreements in France," CEP Discussion Papers dp2079, Centre for Economic Performance, LSE.
    80. Elena Crivellaro & Aikaterini Karadimitropoulou, 2019. "The role of financial constraints on labour share developments: macro- and micro-level evidence," Working Papers 257, Bank of Greece.
    81. Ferrando, Annalisa & McAdam, Peter & Petroulakis, Filippos & Vives, Xavier, 2021. "Product market structure and monetary policy: evidence from the Euro Area," Working Paper Series 2632, European Central Bank.
    82. Emilio Colombo & Luca Michele Portoghese & Patrizio Tirelli, 2025. "Broadband Access and Markups in Europe," DISEIS - Quaderni del Dipartimento di Economia internazionale, delle istituzioni e dello sviluppo dis2505, Università Cattolica del Sacro Cuore, Dipartimento di Economia internazionale, delle istituzioni e dello sviluppo (DISEIS).
    83. Viral V. Acharya & Matteo Crosignani & Tim Eisert & Christian Eufinger, 2020. "Zombie Credit and (Dis-)Inflation: Evidence from Europe," Staff Reports 955, Federal Reserve Bank of New York.
    84. Carl Benedikt Frey & Giorgio Presidente, 2024. "Privacy regulation and firm performance: Estimating the GDPR effect globally," Economic Inquiry, Western Economic Association International, vol. 62(3), pages 1074-1089, July.
    85. Anderton, Robert & Jarvis, Valerie & Labhard, Vincent & Morgan, Julian & Petroulakis, Filippos & Vivian, Lara, 2020. "Virtually everywhere? Digitalisation and the euro area and EU economies," Occasional Paper Series 244, European Central Bank.
    86. Kim, Jinhwan & Olbert, Marcel, 2022. "How does private firm disclosure affect demand for public firm equity? Evidence from the global equity market," Journal of Accounting and Economics, Elsevier, vol. 74(2).
    87. Błażej, Mirosław & Górajski, Mariusz & Ulrichs, Magdalena, 2025. "Microdata-based output gap estimation using business tendency surveys," Journal of Economic Dynamics and Control, Elsevier, vol. 174(C).
    88. Villegas-Sanchez, Carolina & Díez, Federico & Fan, Jiayue, 2019. "Global Declining Competition," CEPR Discussion Papers 13696, C.E.P.R. Discussion Papers.
    89. Matias Covarrubias & Germán Gutiérrez & Thomas Philippon, 2019. "From Good to Bad Concentration? US Industries over the Past 30 Years," NBER Chapters, in: NBER Macroeconomics Annual 2019, volume 34, pages 1-46, National Bureau of Economic Research, Inc.
    90. Degryse, Hans & De Jonghe, Olivier & Laeven, Luc & Zhao, Tong, 2025. "Collateral and credit," Working Paper Series 3095, European Central Bank.
    91. Kochen, Federico, 2025. "Equity financing in a banking crisis: evidence from private firms," Working Paper Series 3008, European Central Bank.
    92. Martinez Cillero Maria & Napolitano Lorenzo & Rentocchini Francesco & Seri Cecilia & Zaurino Elena, 2025. "M&As, Innovation and Superstar Firms," JRC Working Papers on Corporate R&D and Innovation 2025-03, Joint Research Centre.
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    1. Petr Janský & Miroslav Palanský, 2018. "Estimating the scale of profit shifting and tax revenue losses related to foreign direct investment," WIDER Working Paper Series wp-2018-21, World Institute for Development Economic Research (UNU-WIDER).
    2. Tyrowicz, Joanna & Terjesen, Siri & Mazurek, Jakub, 2020. "All on board? New evidence on board gender diversity from a large panel of European firms," European Management Journal, Elsevier, vol. 38(4), pages 634-645.
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    6. Crescioli, Tommaso, 2024. "Reinforcing each other: How the combination of European and domestic reforms increased competition in liberalized industries," European Journal of Political Economy, Elsevier, vol. 83(C).
    7. Canofari, Paolo & Cucculelli, Marco & Piergallini, Alessandro & Renghini, Matteo, 2025. "Tightening monetary policy and investment dynamics in the European Monetary Union: Firm- and country-level heterogeneity," Journal of Corporate Finance, Elsevier, vol. 94(C).
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  6. Sørensen, Bent E & Kalemli-Özcan, Sebnem & Volosovych, Vadym & Fons-Rosen, Christian & Villegas-Sanchez, Carolina, 2013. "Quantifying Productivity Gains from Foreign Investment," CEPR Discussion Papers 9434, C.E.P.R. Discussion Papers.

    Cited by:

    1. Steven Poelhekke & Razvan Vlahu & Vadym Volosovych, 2021. "Corporate Acquisitions and Bank Relationships," Working Papers 726, DNB.
    2. Santos, Eleonora & Khan, Shahed, 2019. "FDI Policies and Catching-Up," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 0(7(61)), pages 1821-1853.
    3. Wang, Jian & Wang, Xiao, 2015. "Benefits of foreign ownership: Evidence from foreign direct investment in China," Journal of International Economics, Elsevier, vol. 97(2), pages 325-338.
    4. Calligaris, Sara & Chaves, Miguel & Criscuolo, Chiara & De Lyon, Joshua & Greppi, Andrea & Pallanch, Oliviero, 2024. "Industry concentration in Europe: Trends and methodological insights," LSE Research Online Documents on Economics 126768, London School of Economics and Political Science, LSE Library.
    5. Naveed, Hafiz Muhammad & Pan, Yanchun & Yao, HongXing & Al-Faryan, Mamdouh Abdulaziz Saleh, 2024. "Assessing the nexus between currency exchange rate returns, currency risk hedging and international investments: Intelligent network-based analysis," Technological Forecasting and Social Change, Elsevier, vol. 206(C).
    6. Kaoru HOSONO & Miho TAKIZAWA & Kenta YAMANOUCHI, 2022. "Foreign Direct Investment and Markups," Discussion papers 22009, Research Institute of Economy, Trade and Industry (RIETI).
    7. Wenli Sun & Dan Xie, 2022. "Cross‐border M&As and the performance of Chinese acquiring firms," The World Economy, Wiley Blackwell, vol. 45(5), pages 1614-1647, May.
    8. Jean-Charles Bricongne & Samuel Delpeuch & Margarita Lopez-Forero, 2023. "Productivity slowdown and tax havens: Where is measured value creation?," Post-Print hal-04171843, HAL.
    9. Marta Bisztray, 2016. "The effect of FDI on local suppliers: Evidence from Audi in Hungary," KRTK-KTI WORKING PAPERS 1622, Institute of Economics, Centre for Economic and Regional Studies.
    10. Gu, Minhao & Wang, Hui & Zhang, Yanming & Wang, Ziyue, 2025. "The impact of operational leanness and resilience on managing geopolitical risks: The moderating role of demand uncertainty and betweenness centrality," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 201(C).
    11. Gorodnichenko, Yuriy & Svejnar, Jan & Terrell, Katherine, 2014. "When does FDI have positive spillovers? Evidence from 17 transition market economies," Journal of Comparative Economics, Elsevier, vol. 42(4), pages 954-969.
    12. Marcus Roesch & Michiel Gerritse & Bas Karreman, 2024. "Careers in Multinational Enterprises Evidence on the role of option values, public involvement and stalled sites," Tinbergen Institute Discussion Papers 24-005/V, Tinbergen Institute.
    13. Kaan Celebi & Christina Anderl, 2026. "Capital Across Borders, Jobs at Home: The FDI-Unemployment Nexus in the OECD," Working Papers 2026.01, International Network for Economic Research - INFER.
    14. Yue Lu & Lijing Deng & Ka Zeng, 2022. "Foreign direct investment, innovation, and domestic value‐added in exports: Firm‐level evidence from China," Review of International Economics, Wiley Blackwell, vol. 30(4), pages 1199-1228, September.
    15. Tommaso Sonno, 2020. "Globalization and conflicts: the good, the bad and the ugly of corporations in Africa," CEP Discussion Papers dp1670, Centre for Economic Performance, LSE.
    16. Girum Abebe & Margaret S. McMillan & Michel Serafinelli, 2018. "Foreign Direct Investment and Knowledge Diffusion in Poor Locations," NBER Working Papers 24461, National Bureau of Economic Research, Inc.
    17. Exadaktylos, Dimitrios & Riccaboni, Massimo & Rungi, Armando, 2024. "Talents from abroad. Foreign managers and productivity in the United Kingdom," International Economics, Elsevier, vol. 177(C).
    18. Eichenauer, Vera & Wang, Feicheng, 2024. "Mild deglobalization: Foreign investment screening and cross-border investment," Kiel Working Papers 2265, Kiel Institute for the World Economy.
    19. Cathy Ge Bao & Maggie X. Chen, 2016. "Foreign Rivals are Coming to Town: Responding to the Threat of Foreign Multinational Entry," Working Papers 2016-22, The George Washington University, Institute for International Economic Policy.
    20. Dang, Tam Hoang-Nhat & Balli, Faruk & Balli, Hatice Ozer & Nguyen, Hannah, 2024. "Firm productivity in the Energy-electricity sector over the last two decades with crisis: The role of cross-listing," Energy Economics, Elsevier, vol. 130(C).
    21. Dany Bahar, 2017. "The Middle Productivity Trap: Dynamics of Productivity Dispersion," Growth Lab Working Papers 106, Harvard's Growth Lab.
    22. Coeurdacier, Nicolas & Rey, Hélène & Winant, Pablo, 2020. "Financial integration and growth in a risky world," Journal of Monetary Economics, Elsevier, vol. 112(C), pages 1-21.
    23. Ziran Ding, 2021. "Optimal Tariffs with Firm Heterogeneity, Variable Markups, and FDI," Bank of Lithuania Working Paper Series 99, Bank of Lithuania.
    24. Sabina Szymczak & Aleksandra Parteka & Joanna Wolszczak-Derlacz, 2022. "Joint foreign ownership and global value chains effects on productivity: A comparison of firms from Poland and Germany," GUT FME Working Paper Series A 69, Faculty of Management and Economics, Gdansk University of Technology.
    25. Crowley, M. A. & Palacios, M. D. & Faraglia, E. & Giannitsarou, C. & Havemeister, L., 2026. "Adapting to Brexit: The Response of Corporate Structures to Geopolitical Uncertainty," Cambridge Working Papers in Economics 2619, Faculty of Economics, University of Cambridge.
    26. Li, Xiang & Su, Dan, 2022. "Total factor productivity growth at the firm-level: The effects of capital account liberalization," Journal of International Economics, Elsevier, vol. 139(C).
    27. Seda Köymen Özer & Selin Sayek Böke, 2017. "The Characteristics of Domestic Firms: Materializing Productivity Spillovers from FDI," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 53(11), pages 2562-2584, November.
    28. Juan Duran & Iulia Siedschlag, 2025. "Multinational Enterprises and Between‐Firm Wage Inequality Across European Regions," The World Economy, Wiley Blackwell, vol. 48(11), pages 2447-2466, November.
    29. Mr. Adrian Alter & Mr. Selim A Elekdag, 2016. "Emerging Market Corporate Leverage and Global Financial Conditions," IMF Working Papers 2016/243, International Monetary Fund.
    30. Philipp R. Steinbrunner, 2023. "May It Be a Little Bit More of Market Power? On Productivity Growth and Competition," Journal of Industry, Competition and Trade, Springer, vol. 23(3), pages 123-170, December.
    31. Maria Garcia-Vega & Apoorva Gupta & Richard Kneller, 2023. "Is acquisition-FDI during an economic crisis detrimental for domestic innovation?," Discussion Papers 2023-03, University of Nottingham, GEP.
    32. Alviarez, Vanessa, 2019. "Multinational production and comparative advantage," Journal of International Economics, Elsevier, vol. 119(C), pages 1-54.
    33. Pinkus, David & Pozzoli, Dario & Schneider, Cédric, 2024. "Pension Fund Investment and Firm Innovation," Working Papers 1-2024, Copenhagen Business School, Department of Economics.
    34. Javier Cravino & Andrei A. Levchenko, 2015. "Multinational Firms and International Business Cycle Transmission," Working Papers 643, Research Seminar in International Economics, University of Michigan.
    35. Angelo Antoci & Paolo Russu & Elisa Ticci, 2014. "Rural Poor Economies and Foreign Investors: An Opportunity or a Risk?," PLOS ONE, Public Library of Science, vol. 9(12), pages 1-24, December.
    36. Andrea Caragliu & Paolo Landoni, 2024. "Firm cooperation policies: the impact of territorial spillovers," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 73(1), pages 363-396, June.
    37. Roesch, Marcus & Gerritse, Michiel & Karreman, Bas & van Oort, Frank & Loog, Bart, 2025. "Do workers or firms drive the foreign acquisition wage gap?," European Economic Review, Elsevier, vol. 178(C).
    38. Laura Alfaro & Maggie X. Chen, 2013. "Market Reallocation and Knowledge Spillover: The Gains from Multinational Production," Working Papers 2013-17, The George Washington University, Institute for International Economic Policy.
    39. Santos, Eleonora & Khan, Shahed, 2018. "Public Policies, Innovation and Convergence," EconStor Preprints 183508, ZBW - Leibniz Information Centre for Economics.
    40. Ryan Niladri Banerjee & Boris Hofmann, 2020. "Corporate zombies: Anatomy and life cycle," BIS Working Papers 882, Bank for International Settlements.
    41. Gehringer, Agnieszka, 2015. "Uneven effects of financial liberalization on productivity growth in the EU: Evidence from a dynamic panel investigation," International Journal of Production Economics, Elsevier, vol. 159(C), pages 334-346.
    42. Ángel Paúl Moreno Plascencia & Rafael Salvador Espinosa Ramírez, 2018. "Effects of the Foreign Direct Investment on the Productivity of Latin American Countries (1990-2012)," Economía: teoría y práctica, Universidad Autónoma Metropolitana, México, vol. 49(2), pages 7-36, Julio-Dic.
    43. Philipp Steinbrunner, 2024. "Are governments bad entrepreneurs? On productivity and public ownership in Central European post‐Communist countries," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 95(1), pages 33-66, March.
    44. Beetsma, Roel & Jensen, Svend E. Hougaard & Pinkus, David & Pozzoli, Dario, 2024. "Do Pension Fund Equity Investments Raise Firm Productivity? Evidence From Danish Data," Working Papers 2-2024, Copenhagen Business School, Department of Economics.
    45. Philipp Steinbrunner, 2023. "I want a quiet life! On productivity and competition in the Central European energy sector," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 31(2), pages 403-428, April.
    46. Luigi Benfratello & Anna D’Ambrosio & Alida Sangrigoli, 2025. "Foreign direct investment, structural transformation and employment: evidence from Ghana," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 161(1), pages 373-412, February.
    47. Stiebale, Joel & Vencappa, Dev, 2016. "Acquisitions, markups, efficiency, and product quality: Evidence from India," DICE Discussion Papers 229, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    48. Philipp R. Steinbrunner, 2022. "Boon or bane? On productivity and environmental regulation," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 24(3), pages 365-396, July.
    49. Jean-Charles Bricongne & Samuel Delpeuch & Margarita Lopez Forero, 2021. "Regional Productivity Slowdown, Tax Havens and MNEs Intangibles: where is Measured Value Creation?," Working papers 835, Banque de France.
    50. Clemens Fuest & Felix Hugger & Samina Sultan & Jing Xing, 2022. "What drives Chinese overseas M&A investment? Evidence from micro data," Review of International Economics, Wiley Blackwell, vol. 30(1), pages 306-344, February.
    51. Monika Sztajerowska, 2021. "International Investment Agreements, Double-Taxation Treaties and Multinational Activity: The (Heterogeneous) Effects of Binding," PSE Working Papers halshs-03265057, HAL.
    52. Monika Sztajerowska, 2021. "International Investment Agreements, Double-Taxation Treaties and Multinational Activity: The (Heterogeneous) Effects of Binding," Working Papers halshs-03265057, HAL.
    53. Gabor Bekes & Marta Bisztray, 2017. "Do friends follow each other? FDI network effects in Central Europe," KRTK-KTI WORKING PAPERS 1719, Institute of Economics, Centre for Economic and Regional Studies.
    54. Marcus Rösch & Michiel Gerritse & Bas Karreman & Frank van Oort & Bart Loog, 2022. "Do firms or workers drive the foreign acquisition wage premium?," Tinbergen Institute Discussion Papers 22-014/V, Tinbergen Institute.
    55. Sanfilippo, Marco, 2013. "Investing abroad from the bottom of the productivity ladder: BRICS multinationals in Europe," BOFIT Discussion Papers 26/2013, Bank of Finland Institute for Emerging Economies (BOFIT).
    56. Yoshihiko Hogen & Yojiro Ito & Kenji Kanai & Naoya Kishi, 2024. "Changes in the Global Economic Landscape and Issues for Japan's Economy," Bank of Japan Working Paper Series 24-E-3, Bank of Japan.
    57. Pian Shu & Claudia Steinwender, 2018. "The Impact of Trade Liberalization on Firm Productivity and Innovation," NBER Chapters, in: Innovation Policy and the Economy, Volume 19, pages 39-68, National Bureau of Economic Research, Inc.
    58. Sajid Anwar & Beibei Hu & Qiao Luan & Kai Wang, 2024. "Export controls and innovation performance: Unravelling the complex relationship between blacklisted Chinese firms and U.S. suppliers," The World Economy, Wiley Blackwell, vol. 47(7), pages 2995-3033, July.
    59. Amin Sokhanvar, 2023. "Foreign investment and domestic productivity in EU11 countries," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 50(4), pages 877-905, December.
    60. Jian Wang, 2014. "Understanding Trade, Exchange Rates and International Capital Flows," Annual Report, Globalization and Monetary Policy Institute, Federal Reserve Bank of Dallas, pages 10-15.
    61. Doytch, Nadia & Uctum, Merih, 2019. "Spillovers from foreign direct investment in services: Evidence at sub-sectoral level for the Asia-Pacific," Journal of Asian Economics, Elsevier, vol. 60(C), pages 33-44.
    62. Todtenhaupt, Maximilian & Voget, Johannes, 2018. "International Taxation and Productivity Effects of M&As," VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy 181548, Verein für Socialpolitik / German Economic Association.
    63. Eiichi Tomiura & Hiroshi Kumanomido, 2023. "Productivity premium of multinationals in global ownership linkages: A comparison of second‐tier subsidiaries," Review of International Economics, Wiley Blackwell, vol. 31(4), pages 1222-1245, September.
    64. Thanh Tam Nguyen-Huu, 2023. "FDI spillovers and productivity in Vietnamese manufacturing industries - New insights from the unconditional quantile regression," Post-Print hal-04244612, HAL.
    65. Chen, Yongmin & Jiang, Haiwei & Liang, Yousha & Pan, Shiyuan, 2022. "The impact of foreign direct investment on innovation: Evidence from patent filings and citations in China," Journal of Comparative Economics, Elsevier, vol. 50(4), pages 917-945.
    66. Marcus Biermann, 2022. "The role of management practices in acquisitions and the FDI location decision," Review of International Economics, Wiley Blackwell, vol. 30(1), pages 137-165, February.
    67. Zhiyuan Li & Yichun Lin & Mingyao Xu, 2024. "Foreign Ownership and International Trade Performance in China," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 32(2), pages 42-72, March.
    68. Todtenhaupt, Maximilian & Voget, Johannes, 2017. "International taxation and productivity effects of M&As," ZEW Discussion Papers 17-014, ZEW - Leibniz Centre for European Economic Research.
    69. Akcigit, Ufuk & Ates, Sina T. & Lerner, Josh & Townsend, Richard R. & Zhestkova, Yulia, 2024. "Fencing off Silicon Valley: Cross-border venture capital and technology spillovers," Journal of Monetary Economics, Elsevier, vol. 141(C), pages 14-39.
    70. Belén Gill de Albornoz Noguer & Simona Rusanescu, 2017. "Foreign ownership and financial reporting quality in private subsidiaries," Working Papers. Serie EC 2017-02, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    71. Gaygysyz Ashyrov & Nicolas Gavoille & Kjetil Haukås & Rasmus Bøgh Holmen & Jaan Masso, 2024. "Foreign Ownership And Productivity: A Comparative Study Of Estonia, Latvia And Norway," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 148, Faculty of Economics and Business Administration, University of Tartu (Estonia).
    72. Beccari, Gabriele & Pisicoli, Beniamino & Vocalelli, Giorgio, 2023. "Barbarians at the gate? FDI and target firms’ management quality," MPRA Paper 117242, University Library of Munich, Germany.
    73. Catão, Luis A. V. & de Faria, Pedro & Martins, António & Portela, Miguel, 2023. "Globalization and Firm Performance," IZA Discussion Papers 15903, IZA Network @ LISER.
    74. Jean-Charles Bricongne & Samuel Delpeuch & Margarita Lopez Forero, 2021. "Productivity Slowdown, Tax Havens and MNEs’ Intangibles: where is measured value creation?," Documents de recherche 21-01, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.

  7. Vadym Volosovych, 2011. "Risk sharing from international factor income: explaining cross-country differences," Post-Print hal-00768584, HAL.

    Cited by:

    1. Balli, Faruk & Rana, Faisal, 2015. "Determinants of risk sharing through remittances," Journal of Banking & Finance, Elsevier, vol. 55(C), pages 107-116.
    2. Faruk Balli & Faisal Rana, 2014. "Determinants of Risk Sharing Through Remittances: Cross-Country Evidence," CAMA Working Papers 2014-12, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    3. Masayoshi Hayashi, 2013. "On the Decomposition of Regional Stabilization and Redistribution," CIRJE F-Series CIRJE-F-910, CIRJE, Faculty of Economics, University of Tokyo.
    4. Faruk Balli & F.M. Pericoli & E. Pierucci, 2015. "Channels of risk-sharing at a micro level: savings, investments and the risk aversion heterogeneity," CAMA Working Papers 2015-01, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    5. Malin Gardberg, 2022. "Financial reforms and low‐income households' impact on international consumption risk sharing," International Finance, Wiley Blackwell, vol. 25(3), pages 375-395, December.
    6. Balli, F. & Pericoli, F.M. & Pierucci, E., 2014. "Foreign portfolio diversification and risk-sharing," Economics Letters, Elsevier, vol. 125(2), pages 187-190.
    7. Faruk Balli & Eleonora Pierucci, 2015. "Globalization and international risk-sharing: do political and social factors matter more than economic integration?," CAMA Working Papers 2015-04, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.

  8. Vadym Volosovych, 2011. "Measuring Financial Market Integration over the Long Run: Is there a U-Shape?," Tinbergen Institute Discussion Papers 11-018/2, Tinbergen Institute.

    Cited by:

    1. Cakici, Nusret & Zaremba, Adam, 2024. "What drives stock returns across countries? Insights from machine learning models," International Review of Financial Analysis, Elsevier, vol. 96(PA).
    2. Rebecca Stuart, 2021. "Measuring stock market integration during the Gold Standard," IRENE Working Papers 21-01, IRENE Institute of Economic Research.
    3. Guglielmo Maria Caporale & Michael Donadelli & Alessia Varani, 2014. "International Capital Markets Structure, Preferences and Puzzles: The US-China Case," CESifo Working Paper Series 4669, CESifo.
    4. Edson Zambon Monte & Felipe Fantin Almeida, 2020. "Interrelationships Between The Stock Returns Of Brazilian Companies That Make Up The Sãƒo Paulo Stock Exchange Index," Revista de Economia Mackenzie (REM), Mackenzie Presbyterian University, Social and Applied Sciences Center, vol. 17(1), pages 115-145, January-J.
    5. Stefan Gerlach & Rebecca Stuart, 2021. "International Co-movements of Inflation, 1851-1913," IRENE Working Papers 21-02, IRENE Institute of Economic Research.
    6. Boryana Bogdanova, 2014. "Measuring the degree of integration within a group of stock markets," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 26-46.
    7. Nardo, M. & Ossola, E. & Papanagiotou, E., 2022. "Financial integration in the EU28 equity markets: Measures and drivers," Journal of Financial Markets, Elsevier, vol. 57(C).
    8. Mauro Costantini & Michele Costola & Licia Ferranna & Antonio Paradiso, 2025. "Exploring Secular Wheat Price Dynamics Across Italian Cities Using $$R^{2}$$ R 2 Connectedness," Journal of Agricultural, Biological and Environmental Statistics, Springer;The International Biometric Society;American Statistical Association, vol. 30(2), pages 261-282, June.
    9. Guillaume Bazot, 2024. "Deregulation and Financial Intermediation Cost: An International Comparison," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 56(5), pages 1129-1161, August.
    10. Monica Billio & Michael Donadelli & Antonio Paradiso & Max Riedel, 2015. "Measuring Financial Integration: Lessons from the Correlation," Working Papers 2015:23, Department of Economics, University of Venice "Ca' Foscari".
    11. Höfler, Markus & Schertler, Andrea, 2024. "Financial integration and hedging and safe haven properties of metals for sovereign bonds," Journal of International Money and Finance, Elsevier, vol. 149(C).
    12. Donadelli, M. & Gufler, I. & Paradiso, A., 2024. "Financial market integration: A complex and controversial journey," International Review of Financial Analysis, Elsevier, vol. 92(C).
    13. Uddin, Gazi Salah & Yahya, Muhammad & Park, Donghyun & Hedström, Axel & Tian, Shu, 2024. "Bond market spillover networks of ASEAN-4 markets: Is the global pandemic different?," International Review of Economics & Finance, Elsevier, vol. 92(C), pages 1028-1044.
    14. Geert Bekaert & Arnaud Mehl, 2017. "On the Global Financial Market Integration “Swoosh” and the Trilemma," NBER Working Papers 23124, National Bureau of Economic Research, Inc.
    15. Billio, M. & Donadelli, M. & Paradiso, A. & Riedel, M., 2017. "Which market integration measure?," Journal of Banking & Finance, Elsevier, vol. 76(C), pages 150-174.
    16. Jamel Jouini, 2023. "New evidence on financial integration in Latin America," Economics Bulletin, AccessEcon, vol. 43(4), pages 1802-1815.
    17. Gareth Campbell & Meeghan Rogers, 2017. "Integration between the London and New York Stock Exchanges, 1825–1925," Economic History Review, Economic History Society, vol. 70(4), pages 1185-1218, November.
    18. Khalid Kisswani & Salah Nusair, 2014. "Nonlinear convergence in Asian interest and inflation rates: evidence from Asian countries," Economic Change and Restructuring, Springer, vol. 47(3), pages 155-186, August.
    19. Irena Mikolajun & Jean-Marie Viaene, 2015. "Trade, Factor Mobility and the Extent of Economic Integration: Theory and Evidence," CESifo Working Paper Series 5481, CESifo.
    20. Bhattacharya, Mita & Inekwe, John Nkwoma & Valenzuela, Maria Rebecca, 2018. "Financial integration in Africa: New evidence using network approach," Economic Modelling, Elsevier, vol. 72(C), pages 379-390.
    21. Sakemoto, Ryuta, 2018. "Co-movement between equity and bond markets," International Review of Economics & Finance, Elsevier, vol. 53(C), pages 25-38.
    22. Rebecca Stuart, 2022. "Stock Return Predictability before the First World War," IRENE Working Papers 22-02, IRENE Institute of Economic Research.
    23. Alexander Pütz & Pierre L. Siklos & Christoph Sulewski, 2019. "“Who pays the piper calls the tune” – Networks and transaction costs in commodity markets," CQE Working Papers 8819, Center for Quantitative Economics (CQE), University of Muenster.
    24. Qin, Weiping & Cho, Sungjun & Hyde, Stuart, 2023. "Time-varying bond market integration and the impact of financial crises," International Review of Financial Analysis, Elsevier, vol. 90(C).
    25. Irena Mikolajun & Jean-Marie Viaene, 2015. "Trade, Factor Mobility and the Extent of Economic Integration: Theory and Evidence," Tinbergen Institute Discussion Papers 15-096/VI, Tinbergen Institute.
    26. Raffaella Calabrese & Claudia Girardone & Alex Sclip, 2021. "Financial fragmentation and SMEs’ access to finance," Small Business Economics, Springer, vol. 57(4), pages 2041-2065, December.
    27. Irena Mikolajun & Jean-Marie Viaene, 2019. "Is Hard Brexit Detrimental to EU Integration? Theory and Evidence," Open Economies Review, Springer, vol. 30(4), pages 621-654, September.
    28. He, Hongbo & Chen, Yiqing & Wan, Hong & Yao, Shujie, 2023. "Possibility versus feasibility: International portfolio diversification under financial liberalization," International Review of Financial Analysis, Elsevier, vol. 87(C).
    29. Rughoo, Aarti & You, Kefei, 2016. "Asian financial integration: Global or regional? Evidence from money and bond markets," International Review of Financial Analysis, Elsevier, vol. 48(C), pages 419-434.
    30. Caporale, Guglielmo Maria & You, Kefei & Chen, Lei, 2019. "Global and regional stock market integration in Asia: A panel convergence approach," International Review of Financial Analysis, Elsevier, vol. 65(C).
    31. Jopp, Tobias A., 2017. "How does the public perceive alliances? The Central and Allied Powers in World War I," IBF Paper Series 12-17, IBF – Institut für Bank- und Finanzgeschichte / Institute for Banking and Financial History, Frankfurt am Main.
    32. Krapl, Alain A., 2020. "The time-varying diversifiability of corporate foreign exchange exposure," Journal of Corporate Finance, Elsevier, vol. 65(C).
    33. Fieberg, Christian & Liedtke, Gerrit & Zaremba, Adam & Cakici, Nusret, 2025. "A factor model for the cross-section of country equity risk premia," Journal of Banking & Finance, Elsevier, vol. 171(C).
    34. Qin, Weiping & Cho, Sungjun & Hyde, Stuart, 2022. "Measuring market integration during crisis periods," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 78(C).
    35. Donadelli, Michael & Paradiso, Antonio, 2014. "Is there heterogeneity in financial integration dynamics? Evidence from country and industry emerging market equity indexes," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 32(C), pages 184-218.
    36. Cristian Valeriu STANCIU & Andrei Cristian SPULBAR, 2024. "Financial Integration Of The European Union Financial Markets. A Pca Approach," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 19(3), pages 241-256, December.
    37. Irena Mikolajun & Jean-Marie Viaene, 2018. "Is Hard Brexit Detrimental to EU Integration? Theory and Evidence," CESifo Working Paper Series 7199, CESifo.
    38. Yao, Shujie & He, Hongbo & Chen, Shou & Ou, Jinghua, 2018. "Financial liberalization and cross-border market integration: Evidence from China's stock market," International Review of Economics & Finance, Elsevier, vol. 58(C), pages 220-245.
    39. Michael Donadelli & Ivan Gufler, 2021. "Consumption smoothing, risk sharing and financial integration," The World Economy, Wiley Blackwell, vol. 44(1), pages 143-187, January.
    40. Yahya, Muhammad & Allahdadi, Mohammad Reza & Uddin, Gazi Salah & Park, Donghyun & Wang, Gang-Jin, 2024. "Multilayer information spillover network between ASEAN-4 and global bond, forex and stock markets," Finance Research Letters, Elsevier, vol. 59(C).
    41. Biplab Bhattacharjee & Muhammad Shafi & Animesh Acharjee, 2017. "Investigating the Evolution of Linkage Dynamics among Equity Markets Using Network Models and Measures: The Case of Asian Equity Market Integration," Data, MDPI, vol. 2(4), pages 1-28, December.
    42. Nitsch, Volker & Berger, Helge, 2015. "Measuring economic and institutional integration," Darmstadt Discussion Papers in Economics 225, Darmstadt University of Technology, Department of Law and Economics.
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    9. Mika Nieminen, 2017. "Patterns of international capital flows and their implications for developing countries," WIDER Working Paper Series wp-2017-171, World Institute for Development Economic Research (UNU-WIDER).
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    Cited by:

    1. Steven Poelhekke & Razvan Vlahu & Vadym Volosovych, 2021. "Corporate Acquisitions and Bank Relationships," Working Papers 726, DNB.
    2. Sebnem Kalemli-Ozcan & Elias Papaioannou & José-Luis Peydró, 2013. "Financial Regulation, Financial Globalization, and the Synchronization of Economic Activity," Journal of Finance, American Finance Association, vol. 68(3), pages 1179-1228, June.
    3. Federico, Pablo & Vegh, Carlos A. & Vuletin, Guillermo, 2013. "The effect of capital flows composition on output volatility," Policy Research Working Paper Series 6386, The World Bank.
    4. Mansoor Mushtaq & Gulnaz Hameed & Nasir Mahmood & Muhammad Hanif, 2026. "Financial Development, Financial Globalization, and Economic Growth Volatility: A Comparative Analysis for Developing and Developed Economies," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 17(1), pages 1847-1875, February.
    5. Donadelli, M. & Gufler, I. & Paradiso, A., 2024. "Financial market integration: A complex and controversial journey," International Review of Financial Analysis, Elsevier, vol. 92(C).
    6. David Thesmar & Mathias Thoenig, 2011. "Contrasting Trends in Firm Volatility," American Economic Journal: Macroeconomics, American Economic Association, vol. 3(4), pages 143-180, October.
    7. Vasco M. Carvalho & Xavier Gabaix, 2015. "The Great Diversification and its Undoing," Working Papers 422, Barcelona School of Economics.
    8. Sanjay Sehgal & Mala Dutt, 2018. "Domestic and International Information Linkages for the US Dollar/Indian Rupee Contracts: An Empirical Study," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 43(4), pages 205-233, November.
    9. Christopher Kurz & Mine Z. Senses, 2013. "Importing, Exporting And Firm-Level Employment Volatility," Working Papers 13-31, Center for Economic Studies, U.S. Census Bureau.
    10. Daniel Carvalho & Etienne Lepers & Rogelio Jr Mercado, 2021. "Taming the "Capital Flows-Credit Nexus": A Sectoral Approach," Trinity Economics Papers tep0921, Trinity College Dublin, Department of Economics.
    11. Daniela MAGGIONI & Alessia LO TURCO & Mauro GALLEGATI, 2014. "Does export complexity matter for firms' output volatility?," Working Papers 407, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    12. Sebnem Kalemli-Ozcan & Bent Sorensen & Sevcan Yesiltas, 2011. "Leverage Across Firms, Banks, and Countries," NBER Working Papers 17354, National Bureau of Economic Research, Inc.
    13. Jarko Fidrmuc & Johann Scharler, 2013. "Financial development and the magnitude of business cycle fluctuations in OECD countries," Applied Economics Letters, Taylor & Francis Journals, vol. 20(6), pages 530-533, April.
    14. Markus Leibrecht & Johann Scharler, 2012. "Government Size and Business Cycle Volatility; How Important Are Credit Constraints?," Working Paper Series in Economics 237, University of Lüneburg, Institute of Economics.
    15. De Nicolò, Gianni & Juvenal, Luciana, 2014. "Financial integration, globalization, and real activity," Journal of Financial Stability, Elsevier, vol. 10(C), pages 65-75.
    16. Norbert Czinkán, 2017. "The Role of Individual Firms in Aggregate Fluctuations: Evidence from Hungary," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 16(2), pages 40-63.
    17. Bas, Maria & Bombarda, Pamela & Jean, Sébastien & Orefice, Gianluca, 2021. "Firms’ exports, volatility and skills: Evidence from France," European Economic Review, Elsevier, vol. 140(C).
    18. Bremus, Franziska & Ludolph, Melina, 2021. "The nexus between loan portfolio size and volatility: Does bank capital regulation matter?," Journal of Banking & Finance, Elsevier, vol. 127(C).
    19. Roger M. Gomis & Sameer Khatiwada, 2017. "Debt and productivity: Evidence from rm-level data," IHEID Working Papers 04-2017, Economics Section, The Graduate Institute of International Studies.
    20. Pejman Abedifar & Iftekhar Hasan & Amine Tarazi, 2016. "Finance-Growth Nexus and Dual-Banking Systems: Relative Importance of Islamic Banks," Working Papers hal-01296613, HAL.
    21. Rajni Kant Rajhans & Anuradha Jain, 2015. "Volatility Spillover in Foreign Exchange Markets," Paradigm, , vol. 19(2), pages 137-151, December.
    22. Erick Lusekelo Mwambuli & Zhang Xianzhi & Zakayo S. Kisava, 2016. "Volatility Spillover Effects Between Stock Prices and Exchange Rates in Emerging Economies: Evidence from Turkey," Business and Economic Research, Macrothink Institute, vol. 6(2), pages 343-359, December.
    23. Franziska Bremus & Melina Ludolph, 2019. "The Nexus between Loan Portfolio Size and Volatility: Does Banking Regulation Matter?," Discussion Papers of DIW Berlin 1822, DIW Berlin, German Institute for Economic Research.
    24. Michael Donadelli & Ivan Gufler, 2024. "Economic and financial integration, capital controls, and risk sharing," Economica, London School of Economics and Political Science, vol. 91(364), pages 1482-1520, October.
    25. Maggioni, Daniela & Lo Turco, Alessia & Gallegati, Mauro, 2016. "Does product complexity matter for firms' output volatility?," Journal of Development Economics, Elsevier, vol. 121(C), pages 94-109.
    26. Bashir Ahmad Joo & Younis Ahmed Ghulam & Simtiha Ishaq Mir, 2023. "Symmetric and asymmetric volatility spillover among BRICS countries' stock markets," DECISION: Official Journal of the Indian Institute of Management Calcutta, Springer;Indian Institute of Management Calcutta, vol. 50(4), pages 473-488, December.
    27. Roni Bhowmik & Abbas Ghulam & Wang Shouyang, 2018. "Return and Volatility Spillovers Effects: Study of Asian Emerging Stock Markets," Journal of Systems Science and Information, De Gruyter, vol. 6(2), pages 97-119, April.
    28. S. Kannadas & T. Viswanathan, 2022. "Volatility Spillover Effects among Gold, Oil and Stock Markets: Empirical Evidence from the G7 Countries," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 18-32.
    29. Michael Donadelli & Ivan Gufler, 2021. "Consumption smoothing, risk sharing and financial integration," The World Economy, Wiley Blackwell, vol. 44(1), pages 143-187, January.
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  11. Yuliya Demyanyk & Vadym Volosovych, 2007. "Gains from financial integration in the European union: evidence for new and old members," Supervisory Policy Analysis Working Papers 2007-01, Federal Reserve Bank of St. Louis.

    Cited by:

    1. Asongu Simplice, 2011. "Globalization, financial crisis and contagion: time-dynamic evidence from financial markets of developing countries," Working Papers of the African Governance and Development Institute. 11/004, African Governance and Development Institute..
    2. Economidou, Claire & Kool, Clemens, 2009. "European economic integration and (a)symmetry of macroeconomic fluctuations," Economic Modelling, Elsevier, vol. 26(4), pages 778-787, July.
    3. Cavallaro, Eleonora & Villani, Ilaria, 2021. "Real income convergence and the patterns of financial integration in the EU," The North American Journal of Economics and Finance, Elsevier, vol. 56(C).
    4. Asongu Simplice, 2011. "The 2011 Japanese earthquake, tsunami and nuclear crisis: evidence of contagion from international financial markets," Working Papers of the African Governance and Development Institute. 11/006, African Governance and Development Institute..
    5. Claudiu T. Albulescu, 2011. "Economic and Financial Integration of CEECs: The Impact of Financial Instability," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 5(1), pages 027-045, March.
    6. Balli, Faruk & Balli, Hatice O., 2011. "Income and consumption smoothing and welfare gains across Pacific Island Countries: The role of remittances and foreign aid," Economic Modelling, Elsevier, vol. 28(4), pages 1642-1649, July.
    7. Asongu, Simplice, 2013. "Globalization and Financial Market Contagion: Evidence from Financial Crisis and Natural Disasters," MPRA Paper 56803, University Library of Munich, Germany.
    8. Faruk Balli & Syed Abul Basherz & Rosmy Jean Louis, 2012. "Risk Sharing in the Middle East and North Africa: The Role of Remittances and Factor Incomes," CAMA Working Papers 2012-39, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    9. Faruk, Balli & Eleonora, Pierucci, 2016. "Risk sharing among economic sectors," MPRA Paper 72452, University Library of Munich, Germany.
    10. Stéphane Auray & Aurélien Eyquem & Jean-Christophe Poutineau, 2008. "The Welfare Gains of Trade Integration in the European Monetary Union," Cahiers de recherche 08-10, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
    11. Deng, Yang & Zhang, Ziqing & Zhu, Li, 2021. "A model-based index for systemic risk contribution measurement in financial networks," Economic Modelling, Elsevier, vol. 95(C), pages 35-48.
    12. Juneja, Januj, 2017. "How Germany benefits the most from its Eurozone membership," Research in International Business and Finance, Elsevier, vol. 42(C), pages 1074-1088.
    13. Sybille Lehwald, 2013. "Has the Euro changed business cycle synchronization? Evidence from the core and the periphery," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 40(4), pages 655-684, November.
    14. J.-S. Pentecôte & J.-C. Poutineau & F. Rondeau, 2015. "Trade Integration and Business Cycle Synchronization in the EMU: The Negative Effect of New Trade Flows," Open Economies Review, Springer, vol. 26(1), pages 61-79, February.
    15. Faruk Balli & Eleonora Pierucci, 2015. "Globalization and international risk-sharing: do political and social factors matter more than economic integration?," CAMA Working Papers 2015-04, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.

  12. Laura Alfaro & Sebnem Kalemli-Ozcan & Vadym Volosovych, 2005. "Capital Flows in a Globalized World: The Role of Policies and Institutions," NBER Working Papers 11696, National Bureau of Economic Research, Inc.

    Cited by:

    1. Davide Furceri & Stéphanie Guichard & Elena Rusticelli, 2012. "Medium-Term Determinants Of International Investment Positions: The Role Of Structural Policies," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 3(02), pages 1-32.
    2. De Santis, Roberto A., 2006. "The geography of international portfolio flows, international CAPM and the role of monetary policy frameworks," Working Paper Series 678, European Central Bank.
    3. Broto, Carmen & Díaz-Cassou, Javier & Erce, Aitor, 2011. "Measuring and explaining the volatility of capital flows to emerging countries," Journal of Banking & Finance, Elsevier, vol. 35(8), pages 1941-1953, August.
    4. Diego Bastourre & Jorge Carrera & Javier Ibarlucia, 2008. "Commodity Prices in Argentina. What Does Move the Wind?," Money Affairs, CEMLA, vol. 0(1), pages 1-30, January-J.
    5. Shiyi Wang, 2019. "Capital Flow Volatility: The Effects of Financial Development and Global Financial Conditions," 2019 Papers pwa945, Job Market Papers.
    6. Diego Valderrama & Katherine Smith, 2009. "Why Do Emerging Economies Import Direct Investment and Export Savings? A Story of Financial Underdevelopment," 2009 Meeting Papers 1160, Society for Economic Dynamics.
    7. Yang, Haizhen & Shi, Fangfang & Wang, Jie & Jing, Zhongbo, 2019. "Investigating the relationship between financial liberalization and capital flow waves: A panel data analysis," International Review of Economics & Finance, Elsevier, vol. 59(C), pages 120-136.
    8. Carmen Broto & Javier Díaz-Cassou & Aitor Erce-Domínguez, 2008. "The Sources of Capital Flows Volatility: Empirical Evidence for Emerging Countries," Money Affairs, CEMLA, vol. 0(1), pages 93-128, January-J.
    9. Federico, Pablo & Vegh, Carlos A. & Vuletin, Guillermo, 2013. "The effect of capital flows composition on output volatility," Policy Research Working Paper Series 6386, The World Bank.
    10. Ghosh,Swati R. & Sugawara,Naotaka & Zalduendo,Juan F., 2011. "Banking flows and financial crisis -- financial interconnectedness and basel III effects," Policy Research Working Paper Series 5769, The World Bank.
    11. Seung Jung Lee, 2009. "How Information Quality of Macro Aggregates Affects Sovereign Risk: An Empirical Investigation," Review of International Economics, Wiley Blackwell, vol. 17(3), pages 510-532, August.
    12. Hammed, Yinka S. & Ogunniran, Moses O. & Ademosu, Solomon T., 2025. "Does US energy policy uncertainty drive FDI to Africa?," Resources Policy, Elsevier, vol. 111(C).
    13. Winston Moore, 2014. "Managing The Process Of Removing Capital Controls: What Does The Literature Suggest?," Journal of Economic Surveys, Wiley Blackwell, vol. 28(2), pages 209-237, April.
    14. Eicher, Theo & Leukert, Andreas, 2006. "Institutions and Economic Performance: Endogeneity and Parameter Heterogeneity," Discussion Papers in Economics 775, University of Munich, Department of Economics.
    15. Ahmed Abdullahi D., 2011. "International Financial Integration, Investment and Economic Performance in Sub-Saharan African Countries," Global Economy Journal, De Gruyter, vol. 11(4), pages 1-28, December.
    16. Jennifer Tobin & Susan Rose-Ackerman, 2011. "When BITs have some bite: The political-economic environment for bilateral investment treaties," The Review of International Organizations, Springer, vol. 6(1), pages 1-32, March.
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    18. Tidiane KINDA, 2010. "Increasing Private Capital Flows To Developing Countries: The Role Of Physical And Financial Infrastructure In 58 Countries, 1970-2003," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 10(2).
    19. Li, Jie & Rajan, Ramkishen S., 2015. "Do capital controls make gross equity flows to emerging markets less volatile?," Journal of International Money and Finance, Elsevier, vol. 59(C), pages 220-244.
    20. Emara, Noha & El Said, Aya, 2019. "Sovereign Ratings, Foreign Direct Investment, and Financial Contagion: The Case of Emerging Markets," MPRA Paper 94504, University Library of Munich, Germany.
    21. Ibrahim D. Raheem & Sara le Roux & Simplice A. Asongu, 2019. "The Role of Asymmetry and Uncertainties in the Capital Flows- Economic Growth Nexus," Working Papers of the African Governance and Development Institute. 19/047, African Governance and Development Institute..
    22. Juan Pi??eiro Chousa, & Krishna Chaitanya, & Artur Tamazian, 2008. "Does Growth & Quality of Capital Markets drive Foreign Capital? The case of Cross-border Mergers & Acquisitions from leading Emerging Economies," William Davidson Institute Working Papers Series wp911, William Davidson Institute at the University of Michigan.
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    44. Faheem Ur Rehman & József Popp & Ejaz Ahmad & Muhammad Asif Khan & Zoltán Lakner, 2021. "Asymmetric and Symmetric Link between Quality of Institutions and Sectorial Foreign Direct Investment Inflow in India: A Fresh Insight Using Simulated Dynamic ARDL Approach," Sustainability, MDPI, vol. 13(24), pages 1-18, December.
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    99. De Santis, Roberto A. & Lührmann, Melanie, 2009. "On the determinants of net international portfolio flows: A global perspective," Journal of International Money and Finance, Elsevier, vol. 28(5), pages 880-901, September.
    100. Mouhamadou Sy, 2012. "Exchange Rate Regimes, Capital Controls and the Pattern of Speculative Capital Flows," PSE Working Papers halshs-00684591, HAL.
    101. Janus, Thorsten & Riera-Crichton, Daniel, 2013. "International gross capital flows: New uses of balance of payments data and application to financial crises," Journal of Policy Modeling, Elsevier, vol. 35(1), pages 16-28.
    102. Yu, Xiaojian & Li, Zhiyong & Lien, Donald & Hu, Jinqiang, 2024. "Identifying crucial financial markets in the flows of cross-border capital – evidence from China's financial risk network," International Review of Economics & Finance, Elsevier, vol. 96(PB).
    103. Kazeem Abimbola Sanusi & Forget Mingiri Kapingura, 2022. "Drivers of capital inflow: Does global uncertainty matter?," Cogent Business & Management, Taylor & Francis Journals, vol. 9(1), pages 2124596-212, December.
    104. Richard J. Nugent, 2019. "Restrictions on Short-Term Capital Inflows and the Response of Direct Investment," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 45(3), pages 350-383, June.
    105. Rui Pedro Esteves, 2008. "Between Imperialism and Capitalism. European Capital Exports Before 1914," Working Papers 8022, Economic History Society.
    106. Eng, Yoke-Kee & Wong, Chin-Yoong, 2016. "Asymmetric growth effect of capital flows: Evidence and quantitative theory," Economic Systems, Elsevier, vol. 40(1), pages 64-81.
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    108. Anton Jevcak & Ralph Setzer & Massimo Suardi, 2010. "Determinants of Capital Flows to the New EU Member States Before and During the Financial Crisis," European Economy - Economic Papers 2008 - 2015 425, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    109. Anthony Legg & Nalini Prasad & Tim Robinson, 2007. "Global Imbalances and the Global Saving Glut – A Panel Data Assessment," RBA Research Discussion Papers rdp2007-11, Reserve Bank of Australia.
    110. Nataliia Osina, 2021. "Global governance and gross capital flows dynamics," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 157(3), pages 463-493, August.
    111. Chin-Yoong Wong & Yoke-Kee Eng, 2015. "Surviving Asymmetry in Capital Flows and the Business Cycles: The Role of Prudential Capital Controls," Review of Development Economics, Wiley Blackwell, vol. 19(3), pages 545-563, August.
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    114. Ozkok, Zeynep, 2010. "Financial Openness and Financial Development: An Analysis Using Indices," MPRA Paper 58865, University Library of Munich, Germany, revised 25 Sep 2014.
    115. Bicaba, Zorobabel T., 2011. "Do financial reforms complementarity and reforms sequence matter for international capital inflows?," Proceedings of the German Development Economics Conference, Berlin 2011 12, Verein für Socialpolitik, Research Committee Development Economics.
    116. Alicia Garcia-Herrero & Philip Wooldridge, 2007. "Global and regional financial integration: progress in emerging markets," BIS Quarterly Review, Bank for International Settlements, September.
    117. Mr. Aleksandar Zaklan & Mr. Paolo Mauro & Martín Minnoni & Mr. Andre Faria, 2006. "The External Financing of Emerging Market Countries: Evidence from Two Waves of Financial Globalization," IMF Working Papers 2006/205, International Monetary Fund.
    118. Hea-Jung Hyun & Hyuk Hwang Kim, 2007. "The Determinants of Cross-border M&As : the Role of Institutions and Financial Development in Gravity Model," Finance Working Papers 21934, East Asian Bureau of Economic Research.

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    Cited by:

    1. Eickmeier, Sandra & Breitung, Jörg, 2005. "How synchronized are central and east European economies with the euro area? Evidence from a structural factor model," Discussion Paper Series 1: Economic Studies 2005,20, Deutsche Bundesbank.
    2. Sandra Eickmeier & Joerg Breitung, 2006. "Business cycle transmission from the euro area to CEECs," Computing in Economics and Finance 2006 229, Society for Computational Economics.
    3. Eickmeier, Sandra & Breitung, Jorg, 2006. "How synchronized are new EU member states with the euro area? Evidence from a structural factor model," Journal of Comparative Economics, Elsevier, vol. 34(3), pages 538-563, September.
    4. Hiroya Akiba & Yukihiro Iida, 2009. "Monetary Unions and Endogeneity of the OCA Criteria," Global Economic Review, Taylor & Francis Journals, vol. 38(1), pages 101-116.
    5. Zuzana Brixiova & Margaret H. Morgan & Andreas Wörgötter, 2010. "On The Road to Euro: How Synchronized Is Estonia with the Euro zone?," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 7(1), pages 203-227, June.

  14. Laura Alfaro & Sebnem Kalemli-Ozcan & Vadym Volosovych, 2005. "Why Doesn't Capital Flow from Rich to Poor Countries? An Empirical Investigation," NBER Working Papers 11901, National Bureau of Economic Research, Inc.

    Cited by:

    1. Serena Fatica, 2010. "Taxation and the Quality of Institutions: Asymmetric Effects on FDI," Taxation Papers 21, Directorate General Taxation and Customs Union, European Commission.
    2. Sugata Marjit & Suryaprakash Mishra, 2023. "Credit market imperfection, lack of entrepreneurship and capital outflow from a developing economy," Review of Development Economics, Wiley Blackwell, vol. 27(3), pages 1855-1873, August.
    3. Mariam Camarero & Josep Lluís Carrión-i-Silvestre & Cecilio Tamarit, 2020. "External imbalances from a GVAR perspective," Working Papers 2005, Department of Applied Economics II, Universidad de Valencia.
    4. Vadym Volosovych, 2011. "Risk sharing from international factor income: explaining cross-country differences," Post-Print hal-00768584, HAL.
    5. Laura Alfaro & Sebnem Kalemli-Ozcan & Vadym Volosovych, 2011. "Sovereigns, Upstream Capital Flows and Global Imbalances," Tinbergen Institute Discussion Papers 11-126/2, Tinbergen Institute.
    6. Göktan, Mehmet Gökhan, 2015. "On the explanation of the Lucas Paradox," Economics Letters, Elsevier, vol. 137(C), pages 109-113.
    7. De Santis, Robert A. & Gérard, Bruno, 2009. "International portfolio reallocation: Diversification benefits and European monetary union," European Economic Review, Elsevier, vol. 53(8), pages 1010-1027, November.
    8. Anella Munro & Philip Wooldridge, 2010. "Motivations for swap-covered foreign currency borrowing," BIS Papers chapters, in: Bank for International Settlements (ed.), The international financial crisis and policy challenges in Asia and the Pacific, volume 52, pages 145-185, Bank for International Settlements.
    9. Jerzmanowski, Michal, 2011. "Acceleration, Stagnation and Crisis: the Role of Policies and Institutions," MPRA Paper 29666, University Library of Munich, Germany.
    10. Khalid Sekkat & Pierre-Guillaume Méon, 2015. "The formal and informal institutional framework of capital accumulation," Post-Print CEB, ULB -- Universite Libre de Bruxelles, August.
    11. Humanicki, Marcin & Kelm, Robert & Olszewski, Krzysztof, 2013. "Foreign Direct Investment and Foreign Portfolio Investment in the contemporary globalized world: should they be still treated separately?," MPRA Paper 58410, University Library of Munich, Germany, revised Sep 2014.
    12. Balli Faruk & Louis Rosmy J & Osman Mohamed A, 2009. "International Portfolio Inflows to GCC Markets: Are There Any General Patterns?," Review of Middle East Economics and Finance, De Gruyter, vol. 5(2), pages 45-65, September.
    13. Beatrice D. Scheubel & Livio Stracca & Tille Cedric, 2019. "The Global Financial Cycle and Capital Flow Episodes: A Wobbly Link?," CESifo Working Paper Series 7967, CESifo.
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    17. Maurice Kugler & Hillel Rapoport, 2011. "Migration, FDI and the Margins of Trade," CID Working Papers 222, Center for International Development at Harvard University.
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    20. Guido Sandleris, 2010. "Sovereign Defaults, Domestic Credit Market Institutions and Credit to the Private Sector," Business School Working Papers 2010-01, Universidad Torcuato Di Tella.
    21. Epifani, Paolo & Crinò, Rosario, 2014. "Trade Imbalances, Export Structure and Wage Inequality," CEPR Discussion Papers 9900, C.E.P.R. Discussion Papers.
    22. Rafael Dix-Carneiro & João Paulo Pessoa & Ricardo M. Reyes-Heroles & Sharon Traiberman, 2021. "Globalization, Trade Imbalances and Labor Market Adjustment," International Finance Discussion Papers 1310, Board of Governors of the Federal Reserve System (U.S.).
    23. Mika Nieminen, 2017. "Patterns of international capital flows and their implications for developing countries," WIDER Working Paper Series wp-2017-171, World Institute for Development Economic Research (UNU-WIDER).
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    26. Aderbal Oliveira Damasceno, 2008. "Porque os Capitais Não Fluem dos Países Desenvolvidos Para os Países em Desenvolvimento? Teoria e Evidências Empíricas," Anais do XXXVI Encontro Nacional de Economia [Proceedings of the 36th Brazilian Economics Meeting] 200807211416460, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    27. Sugata Marjit & Suryaprakash Mishra, 2020. "Credit Market Imperfection, Lack of Entrepreneurs and Capital Outflow from a Developing Economy," CESifo Working Paper Series 8515, CESifo.
    28. Frankel, Jeffrey A., 2010. "Are Bilateral Remittances Countercyclical?," Scholarly Articles 4450131, Harvard Kennedy School of Government.
    29. Lim, Kian-Ping & Kim, Jae H., 2011. "Trade openness and the informational efficiency of emerging stock markets," Economic Modelling, Elsevier, vol. 28(5), pages 2228-2238, September.
    30. Michael Sposi, 2019. "Demographics and the Evolution of Global Imbalances," Departmental Working Papers 1906, Southern Methodist University, Department of Economics.
    31. Yang, Jiao-Hui & Wang, Wei & Wang, Kai-Li & Yeh, Chung-Ying, 2018. "Capital intensity, natural resources, and institutional risk preferences in Chinese Outward Foreign Direct Investment," International Review of Economics & Finance, Elsevier, vol. 55(C), pages 259-272.
    32. Chen, Sheng-Syan & Chen, Hsien-Yi & Yang, Shu-Ling & Chang, Chong-Chuo, 2016. "Output spillovers from changes in sovereign credit ratings," Journal of International Money and Finance, Elsevier, vol. 63(C), pages 48-63.
    33. Geert Bekaert & Campbell R. Harvey & Christian T. Lundblad & Stephan Siegel, 2014. "Political Risk Spreads," NBER Working Papers 19786, National Bureau of Economic Research, Inc.
    34. Wasseem Mina, 2017. "The Race to the Top: Institutional Clusters and World FDI Shares," Working Papers 1136, Economic Research Forum, revised 09 2003.
    35. Mihir A. Desai & Dhammika Dharmapala, 2007. "Taxes, Institutions and Foreign Diversification Opportunities," NBER Working Papers 13132, National Bureau of Economic Research, Inc.
    36. Abderrazek Ben Hamouda, 2023. "On the Link Between FDI, Political Risk and Economic Growth in Sub-Saharan Africa: A Panel VAR Approach," Journal of Economic Impact, Science Impact Publishers, vol. 5(2), pages 171-180.
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    44. Shahbaz, Muhammad & Mateev, Miroslav & Abosedra, Salaheddin & Nasir, Muhammad Ali & Jiao, Zhilun, 2019. "Determinants of FDI in France: Role of Transport Infrastructure, Education, Financial Development and Energy Consumption," MPRA Paper 96371, University Library of Munich, Germany, revised 05 Oct 2019.
    45. Moral-Benito, Enrique & Roehn, Oliver, 2016. "The impact of financial regulation on current account balances," European Economic Review, Elsevier, vol. 81(C), pages 148-166.
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    49. Juliana D. Araujo & Antonio C. David & Carlos Hombeeck & Chris Papageorgiou, 2017. "Non-FDI Capital Inflows in Low-Income Countries: Catching the Wave?," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 65(2), pages 426-465, June.
    50. Calista Cheung & Davide Furceri & Elena Rusticelli, 2013. "Structural and Cyclical Factors behind Current Account Balances," Review of International Economics, Wiley Blackwell, vol. 21(5), pages 923-944, November.
    51. Oved Yosha & Bent E. Sorensen & Ariell Reshef & Sebnem Kalemli-Ozcan, 2007. "Why Does Capital Flow to Rich States?," 2007 Meeting Papers 828, Society for Economic Dynamics.
    52. Markus Alzer & Ramin Dadasov, 2012. "Financial Liberalization and Institutional Development," FIW Working Paper series 082, FIW.
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    59. AREZKI Rabah & DUPUY Arnaud & GELB Alan, 2013. "Resource Windfalls, Optimal Public Investment and Redistribution: The Role of Total Factor Productivity and Administrative Capacity," LISER Working Paper Series 2013-12, Luxembourg Institute of Socio-Economic Research (LISER).
    60. Luca Coscieme & Paul Sutton & Lars F. Mortensen & Ida Kubiszewski & Robert Costanza & Katherine Trebeck & Federico M. Pulselli & Biagio F. Giannetti & Lorenzo Fioramonti, 2019. "Overcoming the Myths of Mainstream Economics to Enable a New Wellbeing Economy," Sustainability, MDPI, vol. 11(16), pages 1-17, August.
    61. Rahul Mukherjee, 2011. "Country Portfolios with Imperfect Corporate Governance," IHEID Working Papers 08-2011, Economics Section, The Graduate Institute of International Studies.
    62. Rodolphe Desbordes, 2022. "Financial foreign direct investment and the economic performance of developing countries," Review of International Economics, Wiley Blackwell, vol. 30(4), pages 1229-1257, September.
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    64. Mr. Nicolas Arregui & Mr. Selim A Elekdag & Mr. Gaston Gelos & Romain Lafarguette & Dulani Seneviratne, 2018. "Can Countries Manage Their Financial Conditions Amid Globalization?," IMF Working Papers 2018/015, International Monetary Fund.
    65. Reddy, Kotapati Srinivasa, 2015. "Extant Reviews on Entry-mode/Internationalization, Mergers & Acquisitions, and Diversification: Understanding Theories and Establishing Interdisciplinary Research," MPRA Paper 63744, University Library of Munich, Germany, revised 2015.
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    72. Ostry, Jonathan D. & Furceri, Davide & Loungani, Prakash, 2019. "The Aggregate and Distributional Effects of Financial Globalization: Evidence from Macro and Sectoral Data," CEPR Discussion Papers 14001, C.E.P.R. Discussion Papers.
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    76. Berha, Andu & Khemani, Stuti, 2026. "Unreliable Electricity in Developing Countries : The Role of Weak Institutions," Policy Research Working Paper Series 11290, The World Bank.
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    415. Josef C. Brada & Martin Mandel & Vladimír Tomšík, 2008. "Intertemporální přístup k platební bilanci: vztah míry úspor a míry investic v bohatých, chudých a tranzitivních ekonomikách [Intertemporal approach to the balance of payments: relationship between savings and investments in the rich, poor and tra," Politická ekonomie, Prague University of Economics and Business, vol. 2008(2), pages 147-161.
    416. Reddy, Kotapati Srinivasa, 2014. "Institutional Dichotomy and Cross-Border Inbound Acquisitions: A Study of Three Cases," MPRA Paper 64221, University Library of Munich, Germany, revised 2014.
    417. Ron Alquist & Benjamin Chabot, 2012. "Institutions, the cost of capital, and long-run economic growth: evidence from the 19th century capital market," Working Paper Series WP-2012-17, Federal Reserve Bank of Chicago.
    418. Kalemli-Ozcan, Sebnem & Papaioannou, Elias & Peydró, José-Luis, 2010. "What lies beneath the euro's effect on financial integration? Currency risk, legal harmonization, or trade?," Journal of International Economics, Elsevier, vol. 81(1), pages 75-88, May.
    419. Boonman, Tjeerd M., 2023. "Portfolio capital flows before and after the Global Financial Crisis," Economic Modelling, Elsevier, vol. 127(C).
    420. Arhan S. Ertan & Gürbüz Kıran, 2021. "Global financial environment or monetary transmission mechanism? The (special) dynamics of Turkey's external deficit after 2002," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(3), pages 4054-4076, July.
    421. Marian Leimbach & Nico Bauer, 2022. "Capital markets and the costs of climate policies," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 24(3), pages 397-420, July.
    422. Prabir De, 2011. "Do institutions matter for trade in Asian countries?," STUDIES IN TRADE AND INVESTMENT, in: Trade-led growth: A sound strategy for Asia, chapter 9, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
    423. Xu, Tao, 2019. "Economic freedom and bilateral direct investment," Economic Modelling, Elsevier, vol. 78(C), pages 172-179.
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    429. Zhang, Fan & Zhang, Jiewei & Gao, Ya & Wang, Zhuquan, 2024. "How does optimizing the business environment affect the capital flows between northern and southern China? From the perspective of enterprises' location choice for out-of-town investment," International Review of Financial Analysis, Elsevier, vol. 94(C).
    430. Araujo, Juliana D. & David, Antonio C. & van Hombeeck, Carlos & Papageorgiou, Chris, 2017. "Joining the club? Procyclicality of private capital inflows in lower income developing economies," Journal of International Money and Finance, Elsevier, vol. 70(C), pages 157-182.
    431. Eleonora Cavallaro & Eleonora Cutrini, 2018. "Institutional quality and cross-border asset trade: are banks less worried about diversification abroad?," Working Papers in Public Economics 186, Department of Economics and Law, Sapienza University of Rome.
    432. Yin-wong Cheung & Hiro Ito, 2008. "Hoarding of International Reserves: A Comparison of the Asian and Latin American Experiences," Working Papers 072008, Hong Kong Institute for Monetary Research.
    433. Keith W. Glaister & Nigel Driffield & Yupu Lin, 2020. "Foreign Direct Investment to Africa: Is There a Colonial Legacy?," Management International Review, Springer, vol. 60(3), pages 315-349, June.
    434. Richard J. Nugent, 2019. "Restrictions on Short-Term Capital Inflows and the Response of Direct Investment," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 45(3), pages 350-383, June.
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    437. Ndiweni, Zinzile Lorna & Bonga-Bonga, Lumengo, 2021. "Capital inflows and economic growth nexus in Sub-Saharan Africa: evidence on the role of institutions," MPRA Paper 107392, University Library of Munich, Germany.
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Articles

  1. Şebnem Kalemli- Özcan & Bent E. Sørensen & Carolina Villegas-Sanchez & Vadym Volosovych & Sevcan Yeşiltaş, 2024. "How to Construct Nationally Representative Firm-Level Data from the Orbis Global Database: New Facts on SMEs and Aggregate Implications for Industry Concentration," American Economic Journal: Macroeconomics, American Economic Association, vol. 16(2), pages 353-374, April.
    See citations under working paper version above.
  2. Fons-Rosen, Christian & Kalemli-Ozcan, Sebnem & Sørensen, Bent E. & Villegas-Sanchez, Carolina & Volosovych, Vadym, 2021. "Quantifying productivity gains from foreign investment," Journal of International Economics, Elsevier, vol. 131(C).
    See citations under working paper version above.
  3. Sebnem Kalemli-Ozcan & Bent Sorensen & Vadym Volosovych, 2014. "Deep Financial Integration And Volatility," Journal of the European Economic Association, European Economic Association, vol. 12(6), pages 1558-1585, December.
    See citations under working paper version above.
  4. Laura Alfaro & Sebnem Kalemli-Ozcan & Vadym Volosovych, 2014. "Sovereigns, Upstream Capital Flows, And Global Imbalances," Journal of the European Economic Association, European Economic Association, vol. 12(5), pages 1240-1284, October.
    See citations under working paper version above.
  5. Vadym Volosovych, 2013. "Risk sharing from international factor income: explaining cross-country differences," Applied Economics, Taylor & Francis Journals, vol. 45(11), pages 1435-1459, April.
    See citations under working paper version above.
  6. Vadym Volosovych, 2013. "Learning about Financial Market Integration from Principal Components Analysis," CESifo Economic Studies, CESifo Group, vol. 59(2), pages 360-391, June.

    Cited by:

    1. Nagayasu, Jun, 2013. "Co-movements in Real Effective Exchange Rates: Evidence from the Dynamic Hierarchical Factor Model," SIRE Discussion Papers 2013-66, Scottish Institute for Research in Economics (SIRE).
    2. Monica Billio & Michael Donadelli & Antonio Paradiso & Max Riedel, 2015. "Measuring Financial Integration: Lessons from the Correlation," Working Papers 2015:23, Department of Economics, University of Venice "Ca' Foscari".
    3. Nagayasu, Jun, 2015. "Global and country-specific factors in real effective exchange rates," MPRA Paper 64217, University Library of Munich, Germany.
    4. Donadelli, M. & Gufler, I. & Paradiso, A., 2024. "Financial market integration: A complex and controversial journey," International Review of Financial Analysis, Elsevier, vol. 92(C).
    5. Billio, M. & Donadelli, M. & Paradiso, A. & Riedel, M., 2017. "Which market integration measure?," Journal of Banking & Finance, Elsevier, vol. 76(C), pages 150-174.
    6. Nagayasu, Jun, 2016. "Commonality and Heterogeneity in Real Effective Exchange Rates: Evidence from Advanced and Developing Countries," MPRA Paper 70078, University Library of Munich, Germany.
    7. Raffaella Calabrese & Claudia Girardone & Alex Sclip, 2021. "Financial fragmentation and SMEs’ access to finance," Small Business Economics, Springer, vol. 57(4), pages 2041-2065, December.
    8. Rughoo, Aarti & You, Kefei, 2016. "Asian financial integration: Global or regional? Evidence from money and bond markets," International Review of Financial Analysis, Elsevier, vol. 48(C), pages 419-434.
    9. Caporale, Guglielmo Maria & You, Kefei & Chen, Lei, 2019. "Global and regional stock market integration in Asia: A panel convergence approach," International Review of Financial Analysis, Elsevier, vol. 65(C).
    10. Qin, Weiping & Cho, Sungjun & Hyde, Stuart, 2022. "Measuring market integration during crisis periods," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 78(C).
    11. Donadelli, Michael & Paradiso, Antonio, 2014. "Is there heterogeneity in financial integration dynamics? Evidence from country and industry emerging market equity indexes," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 32(C), pages 184-218.
    12. Nitsch, Volker & Berger, Helge, 2015. "Measuring economic and institutional integration," Darmstadt Discussion Papers in Economics 225, Darmstadt University of Technology, Department of Law and Economics.

  7. Volosovych, Vadym, 2011. "Measuring financial market integration over the long run: Is there a U-shape?," Journal of International Money and Finance, Elsevier, vol. 30(7), pages 1535-1561.
    See citations under working paper version above.
  8. Laura Alfaro & Sebnem Kalemli-Ozcan & Vadym Volosovych, 2008. "Why Doesn't Capital Flow from Rich to Poor Countries? An Empirical Investigation," The Review of Economics and Statistics, MIT Press, vol. 90(2), pages 347-368, May.
    See citations under working paper version above.
  9. Demyanyk, Yuliya & Volosovych, Vadym, 2008. "Gains from financial integration in the European Union: Evidence for new and old members," Journal of International Money and Finance, Elsevier, vol. 27(2), pages 277-294, March.
    See citations under working paper version above.

Chapters

  1. Laura Alfaro & Sebnem Kalemli-Ozcan & Vadym Volosovych, 2007. "Capital Flows in a Globalized World: The Role of Policies and Institutions," NBER Chapters, in: Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences, pages 19-72, National Bureau of Economic Research, Inc.
    See citations under working paper version above.Sorry, no citations of chapters recorded.
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