Showing 1 - 10 of 713
world market for trade. We find that QE had little direct impact on capital flows to Korea, and tapering is unlikely to …
Persistent link: https://www.econbiz.de/10013055255
responses by foreign investors – are foreign investors 'fair weather friends'? In this, is there asymmetry between the response … of foreign investors to very good versus very bad days? Do foreign investors have a major impact on domestic markets … through large inflows or outflows – are they ‘big fish in a small pond'? Do extreme events in world markets induce extreme …
Persistent link: https://www.econbiz.de/10013080459
This paper proposes a possible framework for identifying excessive investment. Based on this method, it finds evidence that some types of investment are becoming excessive in China, particularly in inland provinces. In these regions, private consumption has on average become more dependent on...
Persistent link: https://www.econbiz.de/10013082858
development: (i) that economic takeoff is associated with technological transfer through foreign direct investment (FDI); and (ii …
Persistent link: https://www.econbiz.de/10013317895
undermine the effect of Foreign Direct Investment (FDI), official development assistance (ODA) and migrants’ remittances on …
Persistent link: https://www.econbiz.de/10013306770
This paper assesses whether cross-border M&A decisions exhibit network effects. We estimate exponential random graph models (ERGM) and temporal exponential random graph models (TERGM) to evaluate the determinants of cross-country M&A investments at the sectoral level. The results show that...
Persistent link: https://www.econbiz.de/10012843316
Macro statistics on foreign direct investment (FDI) are blurred by offshore centers withenormous inward and outward …
Persistent link: https://www.econbiz.de/10012843512
We examine the spillover effects between sovereigns and banks in a model with a heterogeneous banking system. An increase in sovereign's default risk affects financial intermediaries through two channels in this model. First, banks' funding costs might increase, inducing higher interest rates on...
Persistent link: https://www.econbiz.de/10012889148
We quantify the macroeconomic effects of COVID-19 for a small open economy by calibrating a SIR-multi-sector-macro model. We measure sectoral supply shocks utilizing teleworking and physical job proximity, and demand shocks with credit card purchases. Both shocks are also affected from changing...
Persistent link: https://www.econbiz.de/10012826004
This study quantifies the importance of a Global Financial Cycle (GFCy) for capital flows. We use capital flow data dis-aggregated by direction and type between 1990Q1 and 2015Q5 for 85 countries, and conventional techniques, models and metrics. Since the GFCy is an unobservable concept, we use...
Persistent link: https://www.econbiz.de/10012927465