Publications

February 2011
Teaching Note

Citigroup's Exchange Offer (TN)

By: Robin Greenwood

Teaching Note for 210009. View Details

Keywords: Equity; Government and Politics; Stocks; Price; Capital; Banks and Banking; Performance Evaluation; Risk and Uncertainty; Capital Markets; Banking Industry; Financial Services Industry; United States

June 2011 (Revised August 2011)
Background Note

China and the Yuan-Dollar Exchange Rate

By: Aldo Musacchio

This note explains how the People's Bank of China (PBOC) manages (some say manipulate) the dollar-yuan exchange rate. It discusses briefly the process of sterilization in China and the possible costs for the PBOC. Therefore, the note summarizes some of the main... View Details

Keywords: Currency Exchange Rate; China

1999
Working Paper

On the Formation and Structure of International Exchanges

We investigate the formation and structure of 248 financial exchanges throughout the world. First, we empirically analyze the determinants of exchange formation as well as the impact of exchange formation on the domestic country's economy. Second, conditional on... View Details

Keywords: Financial Markets

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1994
Casebook

International Trade and Competition: Cases and Notes in Strategy and Management

By: B. Gomes-Casseres and D. B. Yoffie

Keywords: Global Strategy; Globalized Firms and Management

Find at Harvard

March 1997 (Revised May 2000)
Background Note

Bretton Woods System of Exchange Rates, The

By: Louis T. Wells Jr.

Describes the exchange rate system adopted at Bretton Woods in 1994. View Details

Keywords: Trade; Currency Exchange Rate; Government and Politics; Adoption; System

Fast Answer

Exchange rates: current & historical

Expand GFDatabase menu (default) Select a country or region, e.g., United States. From the Filter by Series Category menu, select Exchange Rate. Click Search. For trade weighted indices... View Details

May 2019
Teaching Note

Steinhoff International and the Stock Exchange

By: Anywhere (Siko) Sikochi

Teaching Note for HBS No. 118-066. View Details

Fast Answer

Stock, derivative & commodity exchanges

as market capitalization, number of listed companies, trading volume. (Must register for free account to view statistics). World Stock Exchange Fact Book Ref. HG4551 .W67 in the Stamps Reading Room... View Details

August 2022 (Revised August 2022)
Teaching Note

Pershing Square’s Pandemic Trade

By: Emil N. Siriwardane and Luis M. Viceira

Teaching Note for HBS Case Nos. 222-007, 222-008, 222-009, and 222-010. View Details

August 2008 (Revised May 2009)
Background Note

Note on Trade Secrets and Covenants not to Compete: Comparison of Law in the United States and the European Union

By: Robert C. Pozen and Megan Barbero

This note details the use and treatment of Covenants not to Compete in the United States, United Kingdom and France to compete or trade secrets versus patents as alternative ways to protect a business' intellectual property. View Details

Keywords: Competition; Law; Strategy; Intellectual Property; France; United Kingdom; United States

February 2018
Teaching Note

Going Rogue: Choson Exchange in North Korea

By: Sophus A. Reinert

Teaching Note for HBS No. 717-015. View Details

Research Summary

The NYSE Trading Floor and Spatial Dependence in Stock Returns

The floor of the New York Stock Exchange (NYSE) is organized by physical posts. Each post has at most thirty panels, and each panel tracks up to thirty stocks. I demonstrate that there is spatial dependence in return correlations. Specifically, returns for... View Details

January 1995
Teaching Note

Environment and International Trade TN

By: Forest L. Reinhardt

Teaching Note for (9-794-018). View Details

08 Jun 2011
Lessons from the Classroom

Twenty-first Century Skill: Trading Carbon Credits

Cap and trade has become an increasingly popular mechanism used by governments to induce green behavior among corporate polluters, with news emerging almost daily. Just recently New Jersey Governor Chris Christie withdrew his state from the Regional Greenhouse Gas... View Details

Keywords: by Julia Hanna; Energy; Utilities

January 1999 (Revised March 1999)
Background Note

Note on Rules

By: Debora L. Spar

A central document for the Managing International Trade and Investment (MITI) course and its cases. Provides a conceptual framework for the course and a systematic way of analyzing the political circumstances that confront firms engaged in international trade and... View Details

Keywords: Trade; Government and Politics

08 Mar 2016
News

Do Trade Agreements Kill Jobs?

05 Dec 2013
Working Paper Summaries

Heterogeneous Technology Diffusion and Ricardian Trade Patterns

Keywords: by William R. Kerr

February 2019 (Revised March 2022)
Teaching Note

Rio Tinto vs. the Securities and Exchange Commission

By: Aiyesha Dey and Krishna G. Palepu

Teaching Note for HBS No. 119-046. View Details

June 1996 (Revised November 1996)
Background Note

Economic Gains from Trade, The: Theories of Strategic Trade

The theory of competitive advantage is one of the most widely accepted economic principles among economists. The theory, as well as substantial historical evidence, suggest that free trade raises national income, while government intervention in trade relations... View Details

Keywords: Competitive Advantage; Trade