Article | Quarterly Journal of Economics

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

by K. A. Froot and Jeremy Stein

Keywords: corporate finance; Market imperfections; Foreign Direct Investment; Markets; Financial Instruments; Asset Pricing;

Citation:

Froot, K. A., and Jeremy Stein. "Exchange Rates and Foreign Direct Investment: An Imperfect Capital Markets Approach." Quarterly Journal of Economics 106, no. 4 (November 1991): 1191–1217. (Revised from NBER Working Paper No. 2914, March 1989.)