future oil price volatility derived from the NYMEX futures options market. Using a dynamic model of firms' investment problem …

We develop a model of investment with financial constraints and use it to investigate the relation between investment … between q and investment, relative to the frictionless benchmark. We present a calibrated version of the model, which, due to … this effect, generates realistic correlations between investment, q, and cash flow …

We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology … actual aggregate cross-section data for 89 countries in 2011 to a hypothetical world without FDI. The gains from FDI amount … to 9\% of world's welfare and to 11% of world's trade, unevenly distributed among winners and losers. Net exports of FDI …

We examine the choice between Foreign Direct Investment and Foreign Portfolio Investment at the level of the source … that the probability of a liquidity crisis has a strong effect on the composition of foreign equity investment. Furthermore …

investment projects. In this paper we examine the choice between Foreign Direct Investment and Foreign Portfolio Investment at … effect on the composition of foreign equity investment. Furthermore, greater capital market opacity in the source country …

episodes include the 1929 stock market crash, the 1973 oil shock, the 2007 U.S. subprime collapse and fifteen severe post-World …