Exchange Rate Flexibility, Volatility and the Patterns of Domestic and Foreign Direct Investment /

This paper investigates the factors determining the impact of exchange rate regimes on the behavior of domestic investment and foreign direct investment (FDI). Producers may diversify internationally in order to increase the flexibility of production. We characterize the possible equilibria in a mac...

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Bibliografiske detaljer
Hovedforfatter: Aizenman, Joshua
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 1992.
Serier:IMF Working Papers; Working Paper ; No. 1992/020
Online adgang:Full text available on IMF