An Information-Based Trade Off Between Foreign Direct Investment and Foreign Portfolio Investment: Volatility, Transparency, and Welfare
收藏NBER2003-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w9426
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资源简介:
The paper develops a model of foreign direct investments (FDI) and foreign portfolio investments. FDI is characterized by hands-on management style which enables the owner to obtain relatively refined information about the productivity of the firm. This superiority, relative to portfolio investments
提供机构:
美国国家经济研究局
创建时间:
2003-01-01



