Moderating effects of net export and exchange rate on profitability of firms: a two-step system generalized method of moments approach

S Hussain, R Ali, AR Abdul Latiff, M Fahlevi… - Cogent Economics & …, 2024 - Taylor & Francis
This study examines the effects of exchange rate and net exports on manufacturing
enterprises' profitability on the Pakistan Stock Exchange (PSX). When activity-based …

Downward wage rigidity and asymmetric effects of monetary policy

LE Jackson, E Kurt - Journal of Macroeconomics, 2025 - Elsevier
This paper provides industry-level evidence on the presence of downward real wage rigidity
and asymmetric effects of monetary policy in the US labor market. Focusing on industry-level …

No credit, no gain: Trade liberalization dynamics, production inputs, and financial development

D Kohn, F Leibovici, M Szkup - International Economic Review, 2023 - Wiley Online Library
We study the role of financial development on the aggregate implications of reducing import
tariffs on capital and intermediate inputs. We document empirically that financially …

Credit Access and Market Access: Evidence From a Portuguese Credit Guarantee Scheme

C Custódio, C Hansman, B Mendes - Available at SSRN 4814865, 2024 - papers.ssrn.com
We show that credit access is a key barrier to exporting. We analyze a government scheme
that provided credit guarantees to Portuguese SMEs. Regression discontinuity estimates …

No credit, no gain: Trade liberalization dynamics, production inputs, and financial development

D Kohn, F Leibovici, M Szkup - FRB St. Louis Working Paper, 2020 - papers.ssrn.com
We study the role of financial development on the aggregate implications of reducing import
tariffs on capital and intermediate inputs. We document empirically that financially …

Broken relationships: De-risking by correspondent banks and international trade

L Borchert, R De Haas, K Kirschenmann… - Available at SSRN …, 2023 - papers.ssrn.com
We exploit proprietary information on severed correspondent banking relationships (due to
the stricter enforcement of financial crime regulation) to assess how payment disruptions …

[PDF][PDF] The role of finance for export dynamics: evidence from the UK

A Dogan, I Hjortsoe - 2024 - bankofengland.co.uk
Through what channels do fluctuations in the financial costs of exporting affect exports, and
how important are financial conditions for export dynamics over the business cycle? We first …

Downward Nominal Wage Rigidity and Asymmetric Effects of Monetary Policy

LE Jackson, E Kurt - Available at SSRN 4373695, 2023 - papers.ssrn.com
This paper provides industry-level evidence on the presence of downward nominal wage
rigidity and asymmetric effects of monetary policy in the US labor markets. Focusing on …

[PDF][PDF] Foreign Currency Borrowing and Exporter Dynamics in Emerging Markets

C Liu - 2024 - gceps.princeton.edu
This paper studies the interaction between firms' export activities and currency choice of
financing, uncovering the underlying driving forces behind this interaction and exploring the …

[PDF][PDF] Behind the International Trade Network: the Role of Heterogeneity and Financial Frictions

E Grugni, G Ricchiuti - 2024 - disei.unifi.it
Modern economies exhibit deeply integrated and synchronized networks among
heterogeneous agents. This paper focuses on the trade network and seeks to unravel the …