All Outputs (2)

Fire-sale FDI or business as usual? (2015)
Journal Article
Alquist, R., Mukherjee, R., & Tesar, L. (2016). Fire-sale FDI or business as usual?. Journal of International Economics, 98, 93-113. https://doi.org/10.1016/j.jinteco.2015.09.003

Motivated by a set of stylized facts, we develop a model of cross-border mergers and acquisitions (M&As) to study foreign direct investment (FDI) in emerging markets. We compare acquisitions undertaken during financial crises – so called fire-sale FD... Read More about Fire-sale FDI or business as usual?.

Institutions, Corporate Governance and Capital Flows (2015)
Journal Article
Mukherjee, R. (2015). Institutions, Corporate Governance and Capital Flows. Journal of International Economics, 96(2), 338-359. https://doi.org/10.1016/j.jinteco.2015.03.001

Countries with weaker domestic investor protection hold less diversified international portfolios. An equilibrium business cycle model of North-South capital flow with corporate governance frictions between outside investors and corporate insiders ex... Read More about Institutions, Corporate Governance and Capital Flows.