Publications

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Business, Government & the International Economy Awards & Honors - Faculty & Research

Political Studies during 1998 for "The Politics of Monetary Leadership and Followership: Stability in the European Monetary System Since the Currency Crisis of 1992" (June... View Details

20 Oct 2010
Op-Ed

Export Competitiveness: Reversing the Logic

exports instead of adding to global trade (Atkinson, 2009). There is some evidence of this tension emerging in recent years, for example in Europe as German wage restraint improved its relative cost position on export markets. In importing countries there might be a... View Details

Keywords: by Christian Ketels

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Entrepreneurial Management Awards & Honors - Faculty & Research

ESG-Innovation Disconnect: Evidence from Green Patenting” with Umit Gurun and Quoc Nguyen. Lauren H. Cohen : Invited to give a keynote address at the launch of the eNaira, Nigeria’s Central Bank Digital Currency (CBDC), 2021. Lauren H.... View Details

06 Dec 2011
Op-Ed

Greater Fiscal Integration Best Solution for Euro Crisis

few months ago, has since been openly considered by many. It would carry traumatic and long-lasting consequences. The crisis has already had a profound political impact, sweeping aside leaders in no fewer than five member countries of the... View Details

Keywords: by Dante Roscini

12 Nov 2021
News

Alumni Business Leaders on Confronting the Climate Change Challenge

get. Alan Horn (MBA 1971) Chief Creative Officer, Disney Studios Content Business Should Lead the Way BIO It is time for business leaders to respond to the challenge of climate change in a powerful and effective way. It is clear—and widely believed—that the View Details

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Buy Now, Pay Later: Pre-Industrial Credit in Practice

possessed a commodity that a creditor wanted. 9 6 Quoted in Stewart Hall Holbrook, Machines of Plenty; Pioneering in American Agriculture (New York: Macmillan, 1955), 36. 7 Joseph Albert Ernst, Money and Politics in America, 1755-1775: A... View Details

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

March 1984 (Revised November 2001)
Case

Decline of the Dollar, The: 1978

Describes the U.S. experience with floating exchange rates between 1973 and 1978, focusing on the rapid decline of the dollar in the summer of 1978. Illustrates the major determinants of the exchange rates and the role of government intervention in the foreign exchange... View Details

Keywords: Currency Exchange Rate; Government and Politics; Macroeconomics; United States

2001
Article

Exchange Rates and Tax-Based Promotion

By: M. A. Desai and James R. Hines Jr.

Keywords: Currency Exchange Rate; Taxation

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14 Oct 2013
Research & Ideas

Time that Government Reopens for Business

Gridlock has unfortunately become a way of political life in the nation's capital. But as of midnight on September 30, things went from bad to worse with the shutdown of funding for the federal government. And as if that weren't... View Details

Keywords: by Jim Aisner

01 Apr 2019
What Do You Think?

Does Our Bias Against Federal Deficits Need Rethinking?

a deficit limit although a very high one.” Tony E opined, “The US is unique globally in providing a stable currency (that allows) the rest of the world to eliminate uncertainty in asset/commodity valuation." This confidence , he... View Details

Keywords: by James Heskett

16 Dec 2009
Working Paper Summaries

The End of Chimerica

Keywords: by Niall Ferguson & Moritz Schularick

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Institutions, Macroeconomics, and the Global Economy - Course Catalog

globalization entails. All managers now face a business environment where international, macroeconomic, and political phenomena matter. Understanding the genesis of financial and currency crises, stock... View Details

March 2000 (Revised April 2001)
Case

Menem and the Populist Tradition in Argentina

By: Rafael M. Di Tella and Eliseo Neuman

Argentina has flourished under a fixed exchange rate system, yet there are large income and employment fluctuations. The social cost of unemployment is threatening the viability of the economic model. Building a welfare state is one alternative, but this may be a... View Details

Keywords: History; Governance; Job Cuts and Outsourcing; Employment; Currency Exchange Rate; Welfare; Government Administration; Government and Politics; Argentina

March 2006 (Revised November 2006)
Case

China: To Float or Not To Float? (D)- Bank of America's Strategic Investment in China Construction Bank

By: Laura Alfaro, Rafael M. Di Tella and Ingrid Vogel

With its $3 billion investment in Chinese state bank China Construction Bank, Bank of America--the second U.S. bank behind Citigroup in terms of assets and market capitalization--was one of several foreign banks directly participating in China's banking sector reform.... View Details

Keywords: Currency Exchange Rate; Banks and Banking; Foreign Direct Investment; International Relations; Banking Industry; China; United States