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  • Article
  • Quarterly Journal of Economics

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

By: K. A. Froot and Jeremy Stein
  • Format:Print
  • | Pages:27
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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.)
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About The Author

Kenneth A. Froot

→More Publications

More from the Authors

    • June 2018
    • Journal of Finance

    The Fed, the Bond Market, and Gradualism in Monetary Policy

    By: Jeremy C. Stein and Adi Sunderam
    • July 2017
    • Journal of Financial Economics

    What Do Measures of Real-Time Corporate Sales Tell Us About Earnings Surprises and Post-announcement Returns?

    By: Kenneth A. Froot, Namho Kang, Gideon Ozik and Ronnie Sadka
    • 2016
    • Faculty Research

    Credit-Market Sentiment and the Business Cycle

    By: David Lopez-Salido, Jeremy C. Stein and Egon Zakrajsek
More from the Authors
  • The Fed, the Bond Market, and Gradualism in Monetary Policy By: Jeremy C. Stein and Adi Sunderam
  • What Do Measures of Real-Time Corporate Sales Tell Us About Earnings Surprises and Post-announcement Returns? By: Kenneth A. Froot, Namho Kang, Gideon Ozik and Ronnie Sadka
  • Credit-Market Sentiment and the Business Cycle By: David Lopez-Salido, Jeremy C. Stein and Egon Zakrajsek
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