The Homeland Investment Act provided a tax holiday for the repatriation of foreign earnings. Advocates argued the Act … shows that repatriations did not increase domestic investment, employment or Ramp;Dmdash;even for firms that appeared to be …

What is the interaction between competition, R&D investments, and the financing choices of R&D-intensive firms …? Motivated by existing theories, we hypothesize that as competition increases, R&D-intensive firms will: (1) increase R …&D investment relative to assets-in-place that support existing products; (2) carry more cash; and (3) maintain less net debt. We …

The interaction between product market competition, R&D investment, and the financing choices of R&D-intensive firms on … interaction, we develop a model which predicts that as competition increases, R&D-intensive firms will: (1) increase R …&D investment relative to assets in place that support existing products; (2) carry more cash; and (3) maintain less net debt. Using …

foreign affiliates of multinationals to export - or by ignoring fixed costs associated with foreign investment. I develop a … sales and that face fixed costs of foreign investment. I first estimate the model using German firm-level data to uncover … the size and nature of costs of multinational enterprise and show that fixed costs of foreign investment are large. Second …

and investment, and are less likely to establish US operations. Given the large role of foreign-owned businesses in the … investment plays a key role in transmitting policy across borders …

competition are all found to be important determinants of long-run firm values, firm turnover, and market structure. Estimates for …