This paper considers the role of foreign investors in developed-country equity markets. It presents a quantitative model of trading that is built around two new assumptions: (i) both the foreign and domestic investor populations contain investors of different sophistication, and (ii) investor...

The long-run determinants of euro area FDI to the United States during the period 1980-2001 are explained by employing the Tobin's Q-model of investment. By using the fixed effects panel estimator, stock market developments in the euro area countries - including a measure adjusted for economic...

Foreign direct investment (FDI) inflows into Central and Eastern Europe declined from a record $31 billion in 2002 to a low of $21 billion last year, the result of the end of privatisation in the Czech Republic and Slovakia, according to the World Investment Report 2004: The Shift Towards...

This paper analyses regional growth in eastern Europe in the second half of the 1990s, when regional disparities sharply increased. It aims to identify the factors behind growth and to investigate in particular the role of (foreign) investment, education and innovation as well as geographical...

During the process of the European Union's enlargement to central and Eastern Europe, foreign direct investment (FDI) to these countries increased and will continue increasing after the enlargement. The effect of this investment was generally positive of the receiving countries, notably because...

Over the past four years, Romania has benefited from record FDI inflows, thanks to macroeconomic stabilisation, strong GDP growth, large-scale privatisations and the prospect of EU membership. However, privatisation-related FDI flows are slowing down since 2007, which have been an important...

The Czech Republic has been one of the primary recipients of foreign direct investment (FDI) among Central and Eastern European countries. Soon after transition, it attracted the attention of foreign investors based on sound economic fundamentals and the opportunities offered by early...