Author: Jack B. TowePublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
The Determinants of American Equity Investment in Australia
Author: J. B. TowePublisher:
ISBN:
Category : Corporations, American
Languages : en
Pages : 36
Book Description
The Determinants of American Equity Investment in Australia
Author: Jack B. ToweAustralian national bibliography
Author: Publisher: National Library Australia
ISBN:
Category :
Languages : en
Pages : 1818
Book Description
Aspects of the Japanese Equity Investment in Australia
Author: J. B. TowePublisher:
ISBN:
Category : Corporations, Japanese
Languages : en
Pages : 32
Book Description
The Determinants of Cross-border Equity Flows
Author: Richard PortesPublisher:
ISBN:
Category : Capital movements
Languages : en
Pages : 60
Book Description
We apply a new approach to a new panel data set on bilateral gross cross-border equity flows between 14 countries, 1989-96. The model integrates elements of the finance literature on portfolio composition and the international macroeconomics and asset trade literature. Gross asset flows depend on market size in both source and destination country as well as trading costs, in which both information and the transaction technology play a role. Distance proxies some information costs, and other variables explicitly represent information transmission, an information asymmetry between domestic and foreign investors, and the efficiency of transactions. The remarkably good results have strong implications for theories of asset trade. We find that the geography of information is the main determinant of the pattern of international transactions, while there is little support in our data for diversification and return-chasing motives for transactions."--Authors.
International Capital Flows
Author: Martin FeldsteinPublisher: University of Chicago Press
ISBN: 0226241807
Category : Business & Economics
Languages : en
Pages : 500
Book Description
Recent changes in technology, along with the opening up of many regions previously closed to investment, have led to explosive growth in the international movement of capital. Flows from foreign direct investment and debt and equity financing can bring countries substantial gains by augmenting local savings and by improving technology and incentives. Investing companies acquire market access, lower cost inputs, and opportunities for profitable introductions of production methods in the countries where they invest. But, as was underscored recently by the economic and financial crises in several Asian countries, capital flows can also bring risks. Although there is no simple explanation of the currency crisis in Asia, it is clear that fixed exchange rates and chronic deficits increased the likelihood of a breakdown. Similarly, during the 1970s, the United States and other industrial countries loaned OPEC surpluses to borrowers in Latin America. But when the U.S. Federal Reserve raised interest rates to control soaring inflation, the result was a widespread debt moratorium in Latin America as many countries throughout the region struggled to pay the high interest on their foreign loans. International Capital Flows contains recent work by eminent scholars and practitioners on the experience of capital flows to Latin America, Asia, and eastern Europe. These papers discuss the role of banks, equity markets, and foreign direct investment in international capital flows, and the risks that investors and others face with these transactions. By focusing on capital flows' productivity and determinants, and the policy issues they raise, this collection is a valuable resource for economists, policymakers, and financial market participants.
American Investment in Australian Industry
Author: Donald T. BrashPublisher: Taylor & Francis
ISBN: 9780415190435
Category : Business & Economics
Languages : en
Pages : 390
Book Description
First published in 2000. Routledge is an imprint of Taylor & Francis, an informa company.
Keynes and Marshall
Author: Peter Diderik GroenewegenPublisher:
ISBN:
Category : Neoclassical school of economics
Languages : en
Pages : 56
Book Description
Jacob Viner and the History of Economic Thought
Author: Peter D. GroenewegenPublisher:
ISBN:
Category : Economics
Languages : en
Pages : 48
Book Description
Equilibrium and Adverse Selection
Author: Colin RosePublisher:
ISBN:
Category : Equilibrium (Economics)
Languages : en
Pages : 32
Book Description