economic decisions in general, and investment decisions in particular. The first goal of this paper was to integrate a number … of political and non-traditional economic variables into the standard theory of investment based on the maximization of … the expected value of the firm. The second goal was to test this generalized investment theory on a particularly fertile …

expropriate minority equity investors attract significantly less U.S. investment, especially in countries with poor external …

We study the response of investment to changes in uncertainty about future profits. We find that in industries … dominated by small firms, an increase in uncertainty about future profits depresses investment; in all other industries …, increased uncertainty has virtually no effect (or has a positive effect) on investment. The data set from which these findings …

-listing effect" and show that increases in U.S. investment are largest in firms from weak accounting backgrounds and in firms that …

of foreign portfolio investment, the 2006 IMF Coordinated Portfolio Investment Surveys (CPIS), most foreign investors … deepen, such factors are likely to continue to attract investment from "nearby" markets, especially from European investors. …

.S. investment or the location of investors in U.S. assets very well. Because the U.S. portfolio flow data collection system was …

naturally raises the question of whether there is a causal relationship between Japanese direct investment and the yen …/dollar exchange rate. ; This paper contributes in two ways to the analysis of the direct investment-exchange rate link. First, it … presents a hybrid model of direct investment which incorporates insights from both portfolio balance models and industrial …

Were the U.S. to persistently earn substantially more on its foreign investments ("U.S. claims") than foreigners earn … on their U.S. investments ("U.S. liabilities"), the likelihood that the current environment of sizeable global imbalances … well as direct investment and banking), we find that previous estimates of large differentials are biased upward. The bias …

This paper studies both the domestic and foreign fixed investment expenditures of a sample of U. S. multinational firms …. In addition to explaining empirically each type of investment, an important goal is to determine whether there are … capital as a function of its debt/equity ratio. Domestic and foreign investment will be interdependent, since, in competing …