In October, Dr.Amrita Dhar traveled to Ho Chi Minh City, Vietnam for the 4th annual Vietnam Symposium in Global Economic Issues. The symposium is sponsored by the Association of Vietnamese Scientists and Experts and the Ho Chi Minh University of Banking. Dr.Dhar presented her paper, “Central Bank Communications and International Capital Flows” which looks at text mining techniques to estimate central bank sentiment and its impact on intentional capital flows.   … [Read more...]

The Southern Economic Association had its 93rd Annual Conference this year in New Orleans, Louisiana. The Southern Economic Association is a global professional organization that wants to help further the education of scholars and the public. The three-day conference allows for a multitude of topics to be explained and discussed. Mary Washington University’s Economics program will be showcased by our very own Dr. Donghyun Lee and Dr. Amrita Dhar.    Dr. Donghyun Lee and Dr.Amrita Dhar will be presenting “Cross-Border Mergers and Acquisitions, Cultural Distance and Growth: Industry-level Analysis". While there has been significant research done to explore the cultural distance as a determinant of Foreign Direct Investment (FDI), studies on the effect of FDI on growth and the role of cultural distance at the sector level are scant in the literature.  In this paper, we empirically examine the role of cultural distance on the effect of FDI on growth using values system data from … [Read more...]