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The first part of the report contains a broad overview of the literature on foreign direct investment (FDI), with … empirical investigation into the determinants of direct investment from EU-countries to Central and Eastern European countries …
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In this paper the relationship between stock prices and house prices is analysed for six countries over the years 1976-2001. We find that both asset prices show a positive long-term relationship, which can partly be explained by common macro-economic factors such as credit, consumption and...
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and private investors have switched to low-cost investment products that closely track market cap weighted indices. Over … called smart beta strategies. Many providers claim that they offer the ultimate investment solution. Because of the … multiplicity of possibilities, the investor runs the risk of losing the overview. Making the right investment choice has not become …
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Dutch Abstract: Financieel analisten publiceren adviezen om aandelen te kopen, houden of verkopen. Ongeveer de helft van alle gepubliceerde adviezen betreft een koopadvies. De publicatie van deze adviezen gaat gepaard met buitengewone aandelenrendementen, waarbij opwaarderingen doorgaans...
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In the empirical literature, not much support is found for the uncovered interest parity. Especially with free floating exchange rates, the forward rate is a biased predictor of the future exchange rate. This phenomenon can both be explained by an absence of rational expectations or by risk...
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