Zobrazeno 1 - 10
of 54
pro vyhledávání: '"Matteo Maggiori"'
We reassess the pattern of Euro Area financial integration adjusting for the role of “onshore offshore financial centers” (OOFCs) within the Euro Area. While the Euro Area records large levels of international investment both within and outside o
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::73f7e95f44c452497cfaf2aa0d068d1e
https://doi.org/10.31235/osf.io/rzwd2
https://doi.org/10.31235/osf.io/rzwd2
Publikováno v:
SSRN Electronic Journal.
We document the rise of China in offshore capital markets. Chinese firms use global tax havens to access foreign capital in both equity and bond markets. In the last 20 years, China's presence went from raising a negligible amount of capital in these
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::3f9745233ee470ec6ed8aa3a0af6b989
https://doi.org/10.2139/ssrn.4334944
https://doi.org/10.2139/ssrn.4334944
Publikováno v:
SSRN Electronic Journal.
We analyze survey data on ESG beliefs and preferences in a large panel of retail investors linked to administrative data on their investment portfolios. The survey elicits investors' expectations of long-term ESG equity returns and asks about their m
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::001583ec6ee395ecdc8829fc252784c8
https://doi.org/10.2139/ssrn.4406549
https://doi.org/10.2139/ssrn.4406549
Publikováno v:
The Quarterly Journal of Economics. 136:1499-1556
Global firms finance themselves through foreign subsidiaries, often shell companies in tax havens, which obscures their true economic location in official statistics. We associate the universe of traded securities issued by firms in tax havens with t
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::eb98200846652f2bdb28fa9cb85c17e5
https://doi.org/10.1093/qje/qjab014
https://doi.org/10.1093/qje/qjab014
Publikováno v:
American Economic Review. 111:1481-1522
We study a newly designed survey administered to a large panel of wealthy retail investors. The survey elicits beliefs that are important for macroeconomics and finance, and matches respondents with administrative data on their portfolio composition,
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::bddb899e4bc4d39ef61a60280b721445
https://doi.org/10.1257/aer.20200243
https://doi.org/10.1257/aer.20200243
Publikováno v:
The Review of Financial Studies. 34:3527-3571
The optimal investment to mitigate climate change crucially depends on the discount rate used to evaluate the investment's uncertain future benefits. The appropriate discount rate is a function of the horizon over which these benefits accrue and the
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ef52e7123a4740565b7f990bd9c7fafd
https://doi.org/10.1093/rfs/hhab032
https://doi.org/10.1093/rfs/hhab032
We empirically characterize how China is internationalizing the Renminbi by staggering the entry of different types of foreign investors into its domestic bond market and propose a dynamic reputation model to explain this strategy. Our framework rati
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::0735b23be5440114610deae6f7043ea4
https://doi.org/10.31235/osf.io/r2msa
https://doi.org/10.31235/osf.io/r2msa