We study the joint optimal determination of trade policy and capital- flow management in a two-country ... we show that committing to a free-trade agreement can reduce incentives to engage in costly ...
This paper found that the top five contracts to major tech firms between 2019 and 2022 had contract ceilings totaling at least $53 billion combined. From 2021 through 2023, venture capital firms ...
This paper analyzes the implication of inefficient financial intermediation for crisis management in ... to finance their working capital needs and lenders face high state verification and enforcement ...