and the volatility of the main capital flows — foreign direct investment (FDI), portfolio investment, and foreign bank …

empirically. More specifically, we use state-level German data to answer the question whether and how migration and FDI decisions … and thus integration of labor and capital markets are linked. Our findings suggest that FDI and migration have similar … and trade in goods. From a theoretical point of view, the interaction between the different channels of integration can …

Economic theory provides two main explanations why changes in exchange rates can affect foreign direct investment (FDI …). According to a first explanation, FDI reacts to exchange rate changes if there are information frictions on capital markets and … explanation, FDI reacts to exchange rate changes if output and factor markets are segmented, and if firm-specific assets are …

the period 1989-2002. We find that German outward FDI increases in response to positive cyclical developments abroad and …

the abolition of capital controls seem to have exerted a greater influence on foreign assets than on FDI of German banks …

The Eastern enlargement of the European Union (EU) is likely to give a further boost to trade and capital flows, yet … determinants of international asset holdings and trade flows. We find in most regressions that EU membership has a significant … candidates actual values are still far below expected ones in most cases. Consequently, we anticipate rising capital and trade …

This paper examines the FDI flows towards two regions in the periphery of Europe: the Central and Eastern European … countries (CEECs) and the countries of Southern Europe. We investigate whether evidence exists for FDI diversion from Southern … Europe to the CEECs. A cursory observation of recent FDI trends might give rise to such claims of diversion. On the basis of …