Economic theory provides two main explanations why changes in exchange rates can affect foreign direct investment (FDI …). According to a first explanation, FDI reacts to exchange rate changes if there are information frictions on capital markets and … explanation, FDI reacts to exchange rate changes if output and factor markets are segmented, and if firm-specific assets are …

the period 1989-2002. We find that German outward FDI increases in response to positive cyclical developments abroad and …

the period 1989- 2002. We find that German outward FDI increases in response to positive cyclical developments abroad and …

the period 1989-2002. We find that German outward FDI increases in response to positive cyclical developments abroad and …

Economic theory provides two main explanations why changes in exchange rates can affect foreign direct investment (FDI …). According to a first explanation, FDI reacts to exchange rate changes if there are information frictions on capital markets and … explanation, FDI reacts to exchange rate changes if output and factor markets are segmented, and if firm-specific assets are …

the period 1989-2002. We find that German outward FDI increases in response to positive cyclical developments abroad and …

the abolition of capital controls seem to have exerted a greater influence on foreign assets than on FDI of German banks …

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 …

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 …

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 …