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Exchange Rates and Foreign Direct Investment: An Imperfect Capital Markets Approach

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NBER1989-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2914
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资源简介:
We examine the connection between exchange rates and foreign direct investment that arises when globally integrated capital markets are subject to informational imperfections. These imperfections cause external financing to be more expensive than internal financing, so that changes in wealth
创建时间:
1989-03-01
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