We employ a Boxplot method for detecting and analyzing outlying daily returns of 14 international stock market indices sampled from around the world. The main objective of the paper is to provide an extensive analysis of the main characteristics, features and effects of the detected outlier...

This paper studies the historical time-varying dynamics of risk for individual stocks in the U.S. market. Total risk of an individual stock is decomposed into two components, systematic risk and idiosyncratic risk, and both components are studied separately. We start from the historical trend in...

This study investigates the effect of the financial development index (FD) on foreign direct investment inflows (FDI) in Vietnam from 1996 to 2021. Time series data are used in the model to assess the influence of six indicators standing for FD. Financial institution assessment (FA), financial...

Die üblichen positiven Effekte von Auslandsinvestitionen gelten für Firmenübernahmen durch chinesische Käufer nur eingeschränkt. Diese Investitionen sind - wie zahlreiche Indizien zeigen - teilweise auch mit einem Technologietransfer verbunden. Damit wird ein schnelles technologisches...

This study sheds light on the effect of restrictive policies, such as screening mechanisms, on mergers and acquisitions (M&A) flows into EU Member States in the period 2011-2018, by implementing an augmented gravity model. The results show that different restrictive measures affect cross-border...

Die Volksrepublik China will wichtige Städte ihrer südöstlichen Küstenprovinz Guangdong eng mit Hongkong und Macao verbinden. Geplant ist ein integrierter Wirtschaftsraum, der bis spätestens 2035 eine globale Führungsrolle einnehmen soll. Die Grundidee ist nicht neu, nimmt aber zunehmend...

Global flows of foreign direct investment (FDI) have slowed down in recent years, which particularly affected developed countries, including those in the European Un- ion (EU). A general decrease in capital circulation in the form of FDI between the EU and the rest of the world has been...

We synthetically assess the three major transmission channels of international business cycles: bilateral trade, foreign direct investment (FDI), and portfolio investment flows between economies with multiple fixed effects. Using the data of 72 economies during 2010-2019, we find that real and...

The paper explores the interconnections between foreign capital flows and the exchange rate regime switching in developing countries. We formulate the exchange rate regime switching as annual time series of binary/ordered variables employing de facto classification of exchange rate arrangements...

After China launched the Belt and Road Initiative in 2013, the Chinese government has invested over 1200 infrastructure projects in countries along the Belt and Road, and nearly 10% of the projects have failed or been delayed. China has also concluded free trade agreements with many countries...