Data and Code for: Internationalizing Like China
收藏ICPSR2025-01-01 更新2026-04-16 收录
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https://www.openicpsr.org/openicpsr/project/209487/version/V1/view
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资源简介：
We empirically characterize how China is internationalizing its bond market by staggering the entry of different types of foreign investors into its domestic market and propose a dynamic reputation model to explain this strategy. Our framework rationalizes China’s strategy as trying to build credibility as a safe issuer while reducing the cost of capital flight. We use our framework to shed light on China's response to episodes of capital outflows.<br>
提供机构：
Stanford Graduate School of Business; Columbia Business School; Yale School of Management
创建时间：
2025-01-01
