An Information-Based Trade Off between Foreign Direct Investment and Foreign Portfolio Investment

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Itay Goldstein; Assaf Razin;
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    • jel: jel:F3 | jel:G3

The paper develops a model of foreign direct investments (FDI) and foreign portfolio investments (FPI).The model describes an information-based trade off between direct investments and portfolio investments. Direct investors are more informed about the fundamentals of t... View more
  • References (22)
    22 references, page 1 of 3

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