Recent theoretical developments relating to investment under uncertainty have highlighted
the importance of irreversibility for the timing of investment expenditures and their expected …

We reconcile trade theory with plant-level export behavior, extending the Ricardian model to
accommodate many countries, geographic barriers, and imperfect competition. Our model …

Import prices typically change by a smaller proportion than the exchange rate between the
exporting and importing country. Recent research indicates that common-currency relative …

Prior work suggests that if a firm shares a larger proportion of its growth opportunities with
rivals, an inability to fully invest in these opportunities leads to predatory behavior on the part …

The exchange rate is a key macroeconomic factor that affects international trade and the real
economy of each country. The development of international trade creates conditions where …

In this paper we examine the relationship between exchange rate movements and firm
value. We estimate the exchange rate exposure of publicly listed firms in a sample of eight …

Variable real exchange rates influence the location of production facilities chosen by a
multinational. With risk averse investors and fixed productive factors, parent companies …

Significant changes in the external orientation of manufacturing industries are observed in
the United States, Canada, and the United Kingdom, but not in Japan. The observed …

The determinants of corporate profitability: an investigation of Indian manufacturing firms |
Emerald Insight Books and journals Case studies Expert Briefings Open Access Publish with us …

This paper analyzes the effects of exchange rate volatility on bilateral trade flows. Through
use of a gravity model and panel data from western Europe, exchange rate uncertainty is …