منابع مشابه
Investigation of exchange rate uncertainty and inflation on investment of construction companies in Iran
The construction industry in the housing sector plays an important role in economic growth due to its significant share in GDP compared to other sectors. One of the most important factors hindering the increase of private sector investment in the construction industry is the faltering of trust. Meanwhile, exchange rate uncertainty and inflation have the most negative impact on the investment of...
متن کاملInvestment Driven Exchange Rate Dynamics
Macroeconomic exchange rate research has primarily been focused on the consumption correlation puzzle identi ed by Backus and Smith (1993). This research has largely ignored the dynamic correlations present between exchange rates and other macro variables such as output, and investment. In this paper I build evidence that a relationship may exist between gross national investment and exchange r...
متن کاملThe Impact of Exchange Rate and Investor Confidence Uncertainty on Monetary and Economic Uncertainty in Iran
Failure to timely identify the occurrence of various shocks in the foreign exchange market due to the close relationship with the monetary, macroeconomic, and financial uncertainty can lead to crises and imbalances. In this paper, the effect of exchange rate and investor confidence on monetary and economic uncertainty in Iran is investigated, specifying a Multivariate GARCH model and the Grange...
متن کاملForeign Direct Investment in Industrial R&D and Exchange Rate Uncertainty in the UK
The purpose of this paper is to investigate the role of exchange rate uncertainty in determining foreign direct R&D investment into the UK. We estimate an econometric model of FDI in R&D, using a panel of manufacturing industries. Our results suggest that an increase in the volatility of the euro-dollar exchange rate tends to relocate R&D investment from the Euro Area into the UK. A rise in the...
متن کاملForeign Direct Investment and Exchange Rate Uncertainty in Im - Perfectly Competitive Industries
This paper investigates the relationship between exchange rate uncertainty and the location of US foreign direct investment in Europe. We adopt a mean-variance approach to the standard q theory of investment in order to highlight the impact of exchange rate volatility and exchange rate correlation on investment. A firm concerned with both maximizing profits and minimizing risk would exploit any...
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ژورنال
عنوان ژورنال: Journal of Policy Modeling
سال: 2003
ISSN: 0161-8938
DOI: 10.1016/s0161-8938(03)00074-7