New York Fed: 'Who Collaborates With the Soviets? Financial Distress and Technology Transfer During the Great Depression'
November 26, 2024
November 26, 2024
NEW YORK, Nov. 26 (TNSres) -- The Federal Reserve Bank of New York issued the following staff report (No. 1134) in November 2024 by Jerry Jiang and Jacob P Weber entitled "Who Collaborates with the Soviets? Financial Distress and Technology Transfer During the Great Depression."
Here are excerpts:
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We provide evidence that financial distress induces firms to sell their technology to foreign competitors. To do so, we construct a novel, spatial . . .
Here are excerpts:
* * *
We provide evidence that financial distress induces firms to sell their technology to foreign competitors. To do so, we construct a novel, spatial . . .