Narrow search
Showing 1 - 10 of 655
Cover Image
Technology Capital and the U.S. Current Account
McGrattan, Ellen R. - 2008
The U.S. Bureau of Economic Analysis (BEA) estimates the return on investments of foreign subsidiaries of U.S. multinational companies over the period 1982--2006 averaged 9.4 percent annually after taxes; U.S. subsidiaries of foreign multinationals averaged only 3.2 percent. Two factors distort...
Persistent link: https://www.econbiz.de/10012464663
Cover Image
Capital Structure with Risky Foreign Investment
Desai, Mihir A. - 2006
American multinational firms respond to politically risky environments by adjusting their capital structures abroad and … affiliates of the same parent companies. American firms further limit their equity exposures in politically risky countries by …
Persistent link: https://www.econbiz.de/10012466392
Cover Image
Host-Country Financial Development and Multinational Activity
Bilir, Kamran - 2014
This paper evaluates the influence of host-country financial development on the global operations of multinational firms. Using detailed U.S. data, we provide evidence that host-country financial development increases entry by multinational affiliates, while also decreasing affiliate sales in...
Persistent link: https://www.econbiz.de/10012458618
Cover Image
Insurgent Learning
Trebbi, Francesco - 2017
We study a model of insurgent learning during a counterinsurgency campaign. We test empirical implications of the model using newly declassified microdata documenting improvised explosive devices (IEDs) in Afghanistan from 2006 to 2014. This period was characterized by substantial US investments...
Persistent link: https://www.econbiz.de/10012455206
Cover Image
Modest, Secure and Informed : Successful Development in Conflict Zones
Berman, Eli - 2013
Most interpretations of prevalent counterinsurgency theory imply that increasing government services will reduce rebel violence. Empirically, however, development programs and economic activity sometimes yield increased violence. Using new panel data on development spending in Iraq, we show that...
Persistent link: https://www.econbiz.de/10012459891
Cover Image
The Effects of U.S. Tax Policy on the Income Repatriation Patterns of U.S. Multinational Corporations
Altshuler, Rosanne - 1991
U.S. corporations owe taxes to the U.S. Treasury on income earned both inside and outside American borders. This paper …
Persistent link: https://www.econbiz.de/10012475059
Cover Image
Coups, Corporations, and Classified Information
Dube, Arindrajit - 2011
We estimate the impact of coups and top-secret coup authorizations on asset prices of partially nationalized multinational companies that stood to benefit from US-backed coups. Stock returns of highly exposed firms reacted to coup authorizations classified as top-secret. The average cumulative...
Persistent link: https://www.econbiz.de/10012461705
Cover Image
Facts and Fallacies about U.S. FDI in China
Branstetter, Lee - 2007
Despite the rapid expansion of U.S.-China trade ties, the increase in U.S. FDI in China, and the expanding amount of economic research exploring these developments, a number of misconceptions distort the popular understanding of U.S. multinationals in China. In this paper, we seek to correct...
Persistent link: https://www.econbiz.de/10012465178
Cover Image
Foreign Direct Investment and Domestic Economic Activity
Desai, Mihir A. - 2005
-specific geographic distributions of foreign investment, to predict changes in foreign investment by a large panel of American firms …
Persistent link: https://www.econbiz.de/10012466955
Cover Image
Foreign Direct Investment in a World of Multiple Taxes
Desai, Mihir A. - 2001
character of foreign direct investment by American multinational firms. Indirect tax burdens significantly exceed foreign income … to be partly attributable to the inability of American investors to claim foreign tax credits for indirect tax payments …. Estimates imply that 10 percent higher indirect tax rates are associated with 9.2 percent lower reported income of American …
Persistent link: https://www.econbiz.de/10012470279