Style-based investments and their role for portfolio allocation have been widely studied by researchers in stock markets. By contrast, there exists considerably less knowledge about the portfolio implications of…
In the last decade, more than one third of worldwide venture capital investments have been crossborder deals. In many of these deals venture capitalists cross continents and/or invest in countries with different…
The aim of this paper is to provide an empirical backbone to the debate about the macroeconomic effects of large upward exchange rate adjustments of tightly managed or pegged exchange rate regimes. Using a…