Showing 1 - 10 of 16,847
This paper addresses three types of geographical decoupling in foreign direct investment (FDI), i.e., challenges when … using traditional FDI data as a proxy for real economic integration between economies: (i) large bilateral asymmetries … between inward and outward FDI, (ii) the role of special purpose entities (SPEs), and (iii) the effect of moving from …
Persistent link: https://www.econbiz.de/10011740720
Macro statistics on foreign direct investment (FDI) are blurred by offshore centers with enormous inward and outward … investment positions. This paper uses several new data sources, both macro and micro, to estimate the global FDI network while … percent of global FDI. Ignoring phantom investment and allocating real investment to ultimate investors increases the …
Persistent link: https://www.econbiz.de/10012136714
We document a robust relation between corporate tax differentials and US international financial integration (IFI). While this is the case for traditional IFI based on cross-border positions, the positive link also emerges for its larger consolidated-by-nationality version. The gap between these...
Persistent link: https://www.econbiz.de/10014492188
This is one of the first large-scale studies to examine the voluntary disclosure practices of foreign firms cross-listed in the United States. We proxy for voluntary disclosure using three attributes of firms' management earnings guidance: (1) the likelihood of issuance; (2) the frequency of...
Persistent link: https://www.econbiz.de/10013087149
Macro statistics on foreign direct investment (FDI) are blurred by offshore centers withenormous inward and outward … investment positions. This paper uses several new datasources, both macro and micro, to estimate the global FDI network while … percent of global FDI. Ignoringphantom investment and allocating real investment to ultimate investors increases …
Persistent link: https://www.econbiz.de/10012843512
Macro statistics on foreign direct investment (FDI) are blurred by offshore financial centers with enormous inward and … outward investment positions. This paper uses new data sources, both macro and micro, to estimate the global FDI network while … Phantom FDI into corporate shells with no substance and no real links to the local economy accounts for around 40 percent of …
Persistent link: https://www.econbiz.de/10012843611
This paper addresses three types of geographical decoupling in foreign direct investment (FDI), i.e., challenges when … using traditional FDI data as a proxy for real economic integration between economies: (i) large bilateral asymmetries … between inward and outward FDI, (ii) the role of special purpose entities (SPEs), and (iii) the effect of moving from …
Persistent link: https://www.econbiz.de/10012929953
This is one of the first large-scale studies to examine the voluntary disclosure practices of foreign firms cross-listed in the United States. We proxy for voluntary disclosure using three attributes of firms' management earnings guidance: (1) the likelihood of issuance; (2) the frequency of...
Persistent link: https://www.econbiz.de/10013094764
The growing number of cross-border acquisitions has in many countries raised concerns about labor demand consequences. In this study, we use detailed firm level data to examine how increased internationalization and multinational activity affect the volatility of employment, or rather, the wage...
Persistent link: https://www.econbiz.de/10010320149
We use Swedish matched employer-employee data to analyze the impact of multinational activity and foreign acquisitions on the relative demand for different job tasks. We contribute to the literature by using a conceptualization from the recent literature in international economics and define the...
Persistent link: https://www.econbiz.de/10010320259