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and the volatility of the main capital flows - foreign direct investment (FDI), portfolio investment, and foreign bank …
Persistent link: https://www.econbiz.de/10011475864
Global firms finance themselves through foreign subsidiaries, often shell companies in tax havens, which obscures their true economic location in official statistics. We associate the universe of traded securities issued by firms in tax havens with their issuer’s ultimate parent and restate...
Persistent link: https://www.econbiz.de/10014351933
Global firms finance themselves through foreign subsidiaries, often shell companies in tax havens, which obscures their nationality in aggregate statistics. We associate the universe of traded securities with their issuer's ultimate parent and restate bilateral investment positions to better...
Persistent link: https://www.econbiz.de/10012843191
The Eastern enlargement of the European Union (EU) is likely to give a further boost to trade and capital flows, yet … determinants of international asset holdings and trade flows. We find in most regressions that EU membership has a significant … candidates actual values are still far below expected ones in most cases. Consequently, we anticipate rising capital and trade …
Persistent link: https://www.econbiz.de/10011472489
distribution within countries, on the determinants of remittances at a micro-level, or on the effects of migration and remittances …
Persistent link: https://www.econbiz.de/10014072073
One key focus of the on-going debate on the integration of international financial markets have been measures to lengthen the maturity of foreign debt, as short-term debt is typically considered to be highly volatile. The transition economies of Central and Eastern Europe are one group of...
Persistent link: https://www.econbiz.de/10011431146
One key focus of the on-going debate on the integration of international financial markets have been measures to lengthen the maturity of foreign debt. Short-term debt is typically considered to be volatile and thus a potential trigger of currency crises. In contrast to the vivid policy debate...
Persistent link: https://www.econbiz.de/10011472278
section estimates show that short- and long-term assets are highly correlated with foreign trade links but not necessarily … with variables capturing regulatory restrictions. Trade activities are more important in explaining claims on banks versus …
Persistent link: https://www.econbiz.de/10011476909
Persistent link: https://www.econbiz.de/10012991288
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