De Santis, Roberto A.; Ehling, Paul - European Central Bank - 2007
WORKING PAPER SERIES
NO 815 / SEPTEMBER 2007
DO INTERNATIONAL
PORTFOLIO INVESTORS
FOLLOW FIRMS’
FOREIGN INVESTMENT … INVESTORS
FOLLOW FIRMS’ FOREIGN
INVESTMENT DECISIONS?
1
by Roberto A. De Santis
2
and Paul Ehling
3
This paper can be … international portfolio
investors follow firms’ expected foreign investment decisions.
JEL Classification Codes: F21, F23, G11 …