Showing 1 - 10 of 463
This paper documents the relationship between foreign ownership and firm survival for enterprises in Germany using … providing the first evidence on the role of foreign ownership for firm survival in Germany, one of the most important … destination countries for foreign direct investments. Our micro-econometric analysis reveals a ceteris paribus higher risk of exit …
Persistent link: https://www.econbiz.de/10013117183
We argue that the measures of backward linkages used in recent papers on spillovers from multinational companies are potentially problematic, as they depend on a number of restrictive assumptions, namely that (i) multinationals use domestically produced inputs in the same proportion as imported...
Persistent link: https://www.econbiz.de/10013155470
We analyze the effect of immigrants' legal status on their consumption behavior using unique survey data that samples both documented and undocumented immigrants. To address the problem of sorting into legal status, we propose two alternative identification strategies as exogenous source of...
Persistent link: https://www.econbiz.de/10012987211
We use a plant level survey to identify interactions between domestic plants and foreign direct investment (FDI) in … where a large greenfield foreign plant produces and districts where FDI in the same industry and around the same time was …
Persistent link: https://www.econbiz.de/10012829230
We analyze an oligopolistic market where a domestic and a foreign firm are engaged in a takeover battle for a domestic … of government. With an unbiased competition agency we find that the foreign takeover is more likely to occur the higher … foreign attempts to acquire domestic firms …
Persistent link: https://www.econbiz.de/10013316871
1999 to 2003. Our results show that foreign capital participation is associated with higher innovative activity. Inward FDI …
Persistent link: https://www.econbiz.de/10013318130
The stylized literature on foreign direct investment suggests that developing countries should invest in the human … capital of their labour force in order to attract foreign direct investment. However, if educational quality in developing …
Persistent link: https://www.econbiz.de/10013109436
Trusting behavior has been shown to affect households' portfolio choice between risky and risk-free financial assets. We extend the analysis of the effect of trust on portfolio choice to include the dominant component of households' portfolios, real estate. In a simple model, we show how the...
Persistent link: https://www.econbiz.de/10013136779
This paper analyzes the relationship between individuals' locus of control and their savings behavior, i.e. wealth accumulation, savings rates, and portfolio choices. Locus of control is a psychological concept that captures individuals' beliefs about the controllability of life events and is a...
Persistent link: https://www.econbiz.de/10013071285
We show that household heads with a strong internal economic locus of control are more likely to hold equity and hold a larger share of equity in their investment portfolio. This relation holds when we control for economic preferences and possible confounders such as financial literacy,...
Persistent link: https://www.econbiz.de/10012977336