Focal Interest
Focal Interest

Liberian dollar

  1. Political donations are linked to lower cash holdings and investment efficiency
    Study of 300 Australian firms reveals political donations correlate with lower cash holdings, higher leverage, and reduced investment efficiency, pointing to agency costs.
  2. U.S. policy easings strengthened the dollar during the Great Recession
    Forward guidance monetary policy easings appreciated the dollar during the Great Recession through flight-to-safety effects and inflation expectations, contradicting interest rate parity.