This paper examines the direct private equity investment strategies across sovereign wealth funds and their … industry P/E ratios of their home investments drop in the year after the investment, while they have a positive change in the … P/E industries, which see an increase in the P/E ratios in the year after the investment. By way of contrast, funds with …

We examine the neoclassical investment model using a panel of U.S. manufacturing firms. The standard model with no … for firms with low (pre-sample) payouts (firms we expect to face financing constraints). Hem, investment is sensitive to … both firm cash flow and macroeconomic credit conditions, holding constant investment opportunities. Sample splits based on …

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 …

Direct investment has accounted for about a quarter of total international capital outflows in the 1990s and appears to … have grown, relative to other forms of international investment, since the 1970s. The United States was by far the major … source of direct investment outflows in the early 1970s, but Europe caught up to the United States in the 1980s and Japan …

We examine the effect of uncertainty on foreign direct investment inflows for a heterogeneous sample of advanced …