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This paper examines whether foreign aid contributes to attracting foreign direct investment (FDI) in aid receiving … countries. Using both homogeneous and heterogeneous panel cointegration techniques, I find that the effect of foreign aid on FDI …
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We document the empirical fact that asset prices in the consumption-goods and investment-goods sector behave almost …
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We demonstrate how endogenous information acquisition in venture capital markets creates investment cycles when … uncoordinated screening behavior of competing financiers is an independent source of fluctuations inducing venture investment cycles …
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