Blar i Department of Economics på emneord "uncertainty"
Viser treff 1-6 av 6
-
Domestic labour markets and foreign direct investment
(Discussion paper, Working paper, 2003-06)We study how the labour market and industry uncertainty affect the investment decisions of multinational enterprises (MNEs). In an uncertain business climate, MNEs must take account of the future in deciding where to ... -
Multinational firms : easy come, easy go?
(Discussion paper, Working paper, 2000-10)Although many countries welcome inward investments by multinational firms (MNEs), it is often perceived that MNEs readily close down production in bad times. We study the choice of an MNE in deciding whether to establish ... -
Multinational investment, industry risk, and policy competition
(Discussion paper, Working paper, 2001-12)In an uncertain business climate, multinational enterprises must take account of future exit costs in deciding where to locate a branch plant. We study how differences in national labour-market conditions between countries ... -
Optimal income taxation with a risky asset : the triple income tax
(Discussion paper, Working paper, 2004-06)We show in a two-period world with endogenous savings and two assets, one of them exhibiting a stochastic return that an interest adjusted income tax is optimal. This tax leaves a safe component of interest income tax ... -
Sequential exporting
(Journal article; Peer reviewed, 2012)Many new exporters give up exporting very shortly, despite substantial entry costs; others shoot up foreign sales and expand to new destinations. We develop a model based on experimentation to rationalize these and other ... -
To invest or not to invest : a real options approach to FDIs and tax competition
(Discussion paper, Working paper, 2006-01)