Purpose: This paper first examines how changes in the real effective exchange rate and its volatility affect the exporting activities of firms. Next, it investigates whether exchange rate volatility (EXRV) affects the export behavior of financially constrained and unconstrained firms...

Purpose: The objective of this paper is threefold. First, it aims to empirically study whether firm-specific/idiosyncratic uncertainty, macroeconomic/aggregate uncertainty and political uncertainty have an adverse influence on firms' investment decisions in Pakistan. After establishing this, it...

This thesis consists of 4 chapters in the field of applied microeconomics. Chapter 1 develops a model of international roaming. International alliances emerge endogenously and serve as a commitment device to soften competition on the retail market. Chapter 2 provides an explanation for why...

This dissertation encompasses three essays on entry and competition in the German generic drug market. The first paper examines the market entry decisions of generic companies and finds that original drug producrs do not create barriers to entry by launching a generic version of the brand drug...

This book analyzes the role of institutions in public finance, focusing on the issues of revenue forecasting and the spatial administrative structure of municipalities. Chapter 2 analyzes the international differences in forecasting practices and shows that forecasting performance depends on the...