The paper tests three hypotheses concerning foreign equity investment in the presence of liquidity risk. First, the FDI-to-FPI price differential is negatively related to liquidity risk (the "Price Di
This paper explores the effect of corporate taxes on the investment of multinational enterprises (MNEs), and whether this effect differs across MNE groups depending on their profitability rate. Firm-l
Organisation for Economic Co-operation and Development50
Does international migration contribute to the spread of global commerce? Recent work demonstrates the relevance of international migration for patterns of investment, focusing on migrants’ role in fa