Japanese Foreign Direct Investment: Wealth Effects From Purchases and Sales of U.S. Assets
研究1980-1990年间日本对外直接投资激增的现象，特别是日本投资者买卖美国资产带来的财富效应，对国际金融和投资研究者有参考价值。
After remaining stable for the period 1980 to 1985, global foreign direct investment dramatically increased in 1986 and subsequent years. The rise continued, peaked in 1990, and then declined. In the 1970s and early 1980s, most foreign acquirers of U.S. assets were from the UK, Canada, and the Netherlands. By 1987, Japanese investors owned or controlled more U.S. assets than did any other class of foreign investors.