This paper sheds light on the influence of exchange rate volatility on foreign direct investment (FDI), both at the … provides a theoretical rationale for this findingand offers new insights in the investment-uncertainty relation. Both the … investment level. In contrast, I derive the expected foreigndirect investment of an economy over a given time period. To estimate …

payments and the balance of trade), investment income, and government and private financial flows. In addition, the accounts … measure the value of U.S. international assets and liabilities and direct investment by multinational companies. BEA’s data on … direct investment - the most detailed data set on the operations of multinational companies available - are used to assess …

This note analyses investment and risk-taking in a simple agency model of public regulation/procurement borrowed from … Laffont & Tirole (1993). We show that the principal will overinvest or underinvest depending on whether investment is … marginally more productive in bad or in good states. Due to the incentive problem investment risk will be avoided even though all …

will transmit into a decline of investment. This paper shows that the microeconomic foundation of this 'balance …