Has New York Become Less Competitive in Global Markets? Evaluating Foreign Listing Choices Over Time
---- Acknowledgements -----
We are grateful to Alvaro Taboada, Jérôme Taillard, and Peter Wong for research assistance and to Carrie Pan for comments. We also thank Matthew Leighton of the London Stock Exchange and Jean Tobin of the New York Stock Exchange for their help with the data on listing counts. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.