Showing 1 - 10 of 15,406
countries. Concerning fundamentals, the move to a fixed exchange rate regime and an increase in real world interest rates are …
Persistent link: https://www.econbiz.de/10009660970
This paper sheds new light on the degree of international fiscal-financial spillovers by investigating the effect of domestic fiscal policies on cross-border bank lending. By estimating the dynamic response of U.S. cross-border bank lending towards the 45 recipient countries to exogenous...
Persistent link: https://www.econbiz.de/10012864117
In this paper, we document the fact that countries that have experienced occasional financial crises have on average grown faster than countries with stable financial conditions. We measure the incidence of crisis with the skewness of credit growth, and find that it has a robust negative effect...
Persistent link: https://www.econbiz.de/10014060801
In this paper, we document the fact that countries that have experienced occasional financial crises have, on average, grown faster than countries with stable financial conditions. We measure the incidence of crisis with the skewness of credit growth, and find that it has a robust negative...
Persistent link: https://www.econbiz.de/10013318563
We empirically assess the determinants of India’s FDI outflows across a large sample of host countries in the 1996 … include: India’s outward FDI is hardly affected by motives to access raw materials or superior technologies. Market … economic instability in the host countries. However, we do not find robust evidence that India provides an alternative source …
Persistent link: https://www.econbiz.de/10009671659
This paper estimates the cash flow and real effects of currency mismatches generated by foreign-priced operations of French manufacturers. The value of transactions invoiced in foreign currencies is twice as sensitive to exchange rates as the value of transactions invoiced in the domestic...
Persistent link: https://www.econbiz.de/10012705025
The paper develops a stand-alone structural gravity model for explaining bilateral FDI patterns. We employ the model to analyse the impact of preferential trade agreements (PTAs), bilateral investment treaties (BITs) and other policies on bilateral foreign direct investment (FDI). We use the...
Persistent link: https://www.econbiz.de/10012827263
This paper investigates the role of output fluctuations and exchange rate volatility in driving US foreign direct investments. Using a sample of 46 economies over the period 1982-2009, we provide evidence of a positive relation between US FDI and host country's cyclical conditions. Allowing for...
Persistent link: https://www.econbiz.de/10013064980
Persistent link: https://www.econbiz.de/10010206808
investment and economic growth. We provide empirical support for our theoretical analysis using panel data from the Penn World …
Persistent link: https://www.econbiz.de/10003982936