Andrew Kerner
Biographic Data
| ID | 4371003 |
|---|---|
| NAME | Andrew Kerner |
| GIVEN NAMES | Andrew |
| FAMILY NAME | Kerner |
| SIGNATURE | KERNER A |
| AFFILIATIONS | Michigan State University |
| ORCID | 0000-0002-8118-9022 |
| VERIFIED | Yes |
| TOTAL WORKS | 12 |
| TOTAL CITATIONS | 215 |
| WORKS AS AUTHOR | 12 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2009 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 7 |
Expectations, Gender Bias, and Federal Reserve Talk
Global Treaties and Domestic Politics
Bilateral investment treaties (BITs) define a set of investors’ rights and allow foreign investors to sue countries for policies that breach them. Political scientists typically study the extent to which that chastens policymaking in the context of health and environmental rules. We extend that literature to tax policy. We argue and show that BITs limit developing country governments’ tax intake. We further argue that umbrella clauses are an impo…
Fear of inflation and gender representation in central banking
Do Investor–State Disputes (Still) Harm FDI
What are the consequences of being sued for violating bilateral investment treaties? The conventional wisdom is that investor–state disputes (ISDS) tarnish countries' compliance records, and harm foreign direct investment in the process. This article re-examines this belief in light of recent trends in ISDS. The regime has witnessed a proliferation of claims, a growing proportion of which allege breaches of provisions like fair and equitable trea…
Quitting globalization
Existing research has found that American politicians benefit from trying to attract investment and creates jobs. In this paper, we build on this work by describing the drivers of Americans' attitudes toward inward foreign investment (FDI). We posit that foreign and Chinese investment are different than domestic investment in the public imagination and that nationalism and proximity to deindustrialization interact to shape public opinion about th…
Pension Returns and Popular Support for Neoliberalism in Post-Pension Reform Latin America
Latin American pension reforms during the 1990s dramatically increased the number of people in the region who had a direct stake in the returns on financial capital. This article asks: How, if at all, has this expansion affected Latin American politics? It focuses particularly on popular attitudes towards neoliberalism. It argues that government-induced expansions of capital ownership do not directly affect public preferences about neoliberalism,…
Real Exchange Rate Overvaluation and WTO Dispute Initiation in Developing Countries
Why and when do developing countries file trade disputes at the World Trade Organization (WTO)? Although financial conditions have long been considered an important driver of trade policy, they have been largely absent from the literature on trade disputes. We argue that developing country governments bring more trade dispute to the WTO when overvalued real exchange rates put exporters at a competitive disadvantage. This dynamic is most prevalent…
Can Foreign Stock Investors Influence Policymaking
Foreign portfolio stock investors (FPSIs) often attach political criteria to their investment choices, sometimes in the hope of pressuring policymakers in boycotted markets to adjust their policies. This article asks when the decision to not invest in foreign stock markets for political reasons catalyzes policy change in those countries. Unlike investors in government bonds that target state interests directly, FPSIs directly target the interests…
What We Talk About When We Talk About Foreign Direct Investment
This paper argues that the foreign direct investment (FDI) data commonly used to test political science theories about FDI often diverge from the theorized about phenomena in ways that can introduce bias and complicate hypothesis testing. I describe some of the key conceptual issues surrounding the quantification of FDI, how commonly used data deals with these issues, and the extent to which those coding rules allow or prevent these data from spe…
What's the Risk? Bilateral Investment Treaties, Political Risk and Fixed Capital Accumulation
This article argues that the political risk associated with foreign direct investment (FDI) is primarily a function of investment in fixed-capital, and not a homogeneous feature of FDI. As such, empirical tests of a political institution's ability to mitigate political risk should focus directly on investments in fixed capital and not on more highly aggregated measures of multinational corporation (MNC) activity, such as FDI flow and stock data t…
The International and Domestic Determinants of Insider Trading Laws
Why do some countries protect minority shareholders from rent-seeking by corporate insiders while others do not? To the extent that there has been convergence toward shareholder-friendly laws, what factors have shaped that convergence? We explore this question by examining the worldwide diffusion of insider trading laws through a series of event history analyses. We argue that variation in the adoption and enforcement in insider trading laws can …
Why Should I Believe You? The Costs and Consequences of Bilateral Investment Treaties
Bilateral Investment Treaties (BITs) are the primary legal mechanism protecting foreign direct investment (FDI) around the world. BITs are thought to encourage FDI by establishing a broad set of investor's rights and by allowing investors to sue a host state in an international tribunal if these rights are violated. Perhaps surprisingly, the empirical literature connecting BITs to FDI flows has produced conflicting results. Some papers have found…
Why Should I Believe You? The Costs and Consequences of Bilateral Investment Treaties
Bilateral Investment Treaties (BITs) are the primary legal mechanism protecting foreign direct investment (FDI) around the world. BITs are thought to encourage FDI by establishing a broad set of investor's rights and by allowing investors to sue a host state in an international tribunal if these rights are violated. Perhaps surprisingly, the empirical literature connecting BITs to FDI flows has produced conflicting results. Some papers have found…
What We Talk About When We Talk About Foreign Direct Investment
This paper argues that the foreign direct investment (FDI) data commonly used to test political science theories about FDI often diverge from the theorized about phenomena in ways that can introduce bias and complicate hypothesis testing. I describe some of the key conceptual issues surrounding the quantification of FDI, how commonly used data deals with these issues, and the extent to which those coding rules allow or prevent these data from spe…
What's the Risk? Bilateral Investment Treaties, Political Risk and Fixed Capital Accumulation
This article argues that the political risk associated with foreign direct investment (FDI) is primarily a function of investment in fixed-capital, and not a homogeneous feature of FDI. As such, empirical tests of a political institution's ability to mitigate political risk should focus directly on investments in fixed capital and not on more highly aggregated measures of multinational corporation (MNC) activity, such as FDI flow and stock data t…
Quitting globalization
Existing research has found that American politicians benefit from trying to attract investment and creates jobs. In this paper, we build on this work by describing the drivers of Americans' attitudes toward inward foreign investment (FDI). We posit that foreign and Chinese investment are different than domestic investment in the public imagination and that nationalism and proximity to deindustrialization interact to shape public opinion about th…
The International and Domestic Determinants of Insider Trading Laws
Why do some countries protect minority shareholders from rent-seeking by corporate insiders while others do not? To the extent that there has been convergence toward shareholder-friendly laws, what factors have shaped that convergence? We explore this question by examining the worldwide diffusion of insider trading laws through a series of event history analyses. We argue that variation in the adoption and enforcement in insider trading laws can …
Do Investor–State Disputes (Still) Harm FDI
What are the consequences of being sued for violating bilateral investment treaties? The conventional wisdom is that investor–state disputes (ISDS) tarnish countries' compliance records, and harm foreign direct investment in the process. This article re-examines this belief in light of recent trends in ISDS. The regime has witnessed a proliferation of claims, a growing proportion of which allege breaches of provisions like fair and equitable trea…
Real Exchange Rate Overvaluation and WTO Dispute Initiation in Developing Countries
Why and when do developing countries file trade disputes at the World Trade Organization (WTO)? Although financial conditions have long been considered an important driver of trade policy, they have been largely absent from the literature on trade disputes. We argue that developing country governments bring more trade dispute to the WTO when overvalued real exchange rates put exporters at a competitive disadvantage. This dynamic is most prevalent…
Can Foreign Stock Investors Influence Policymaking
Foreign portfolio stock investors (FPSIs) often attach political criteria to their investment choices, sometimes in the hope of pressuring policymakers in boycotted markets to adjust their policies. This article asks when the decision to not invest in foreign stock markets for political reasons catalyzes policy change in those countries. Unlike investors in government bonds that target state interests directly, FPSIs directly target the interests…
Pension Returns and Popular Support for Neoliberalism in Post-Pension Reform Latin America
Latin American pension reforms during the 1990s dramatically increased the number of people in the region who had a direct stake in the returns on financial capital. This article asks: How, if at all, has this expansion affected Latin American politics? It focuses particularly on popular attitudes towards neoliberalism. It argues that government-induced expansions of capital ownership do not directly affect public preferences about neoliberalism,…
Expectations, Gender Bias, and Federal Reserve Talk
Why Should I Believe You? The Costs and Consequences of Bilateral Investment Treaties
Bilateral Investment Treaties (BITs) are the primary legal mechanism protecting foreign direct investment (FDI) around the world. BITs are thought to encourage FDI by establishing a broad set of investor's rights and by allowing investors to sue a host state in an international tribunal if these rights are violated. Perhaps surprisingly, the empirical literature connecting BITs to FDI flows has produced conflicting results. Some papers have found…
The International and Domestic Determinants of Insider Trading Laws
Why do some countries protect minority shareholders from rent-seeking by corporate insiders while others do not? To the extent that there has been convergence toward shareholder-friendly laws, what factors have shaped that convergence? We explore this question by examining the worldwide diffusion of insider trading laws through a series of event history analyses. We argue that variation in the adoption and enforcement in insider trading laws can …
What We Talk About When We Talk About Foreign Direct Investment
This paper argues that the foreign direct investment (FDI) data commonly used to test political science theories about FDI often diverge from the theorized about phenomena in ways that can introduce bias and complicate hypothesis testing. I describe some of the key conceptual issues surrounding the quantification of FDI, how commonly used data deals with these issues, and the extent to which those coding rules allow or prevent these data from spe…
What's the Risk? Bilateral Investment Treaties, Political Risk and Fixed Capital Accumulation
This article argues that the political risk associated with foreign direct investment (FDI) is primarily a function of investment in fixed-capital, and not a homogeneous feature of FDI. As such, empirical tests of a political institution's ability to mitigate political risk should focus directly on investments in fixed capital and not on more highly aggregated measures of multinational corporation (MNC) activity, such as FDI flow and stock data t…
Can Foreign Stock Investors Influence Policymaking
Foreign portfolio stock investors (FPSIs) often attach political criteria to their investment choices, sometimes in the hope of pressuring policymakers in boycotted markets to adjust their policies. This article asks when the decision to not invest in foreign stock markets for political reasons catalyzes policy change in those countries. Unlike investors in government bonds that target state interests directly, FPSIs directly target the interests…
Real Exchange Rate Overvaluation and WTO Dispute Initiation in Developing Countries
Why and when do developing countries file trade disputes at the World Trade Organization (WTO)? Although financial conditions have long been considered an important driver of trade policy, they have been largely absent from the literature on trade disputes. We argue that developing country governments bring more trade dispute to the WTO when overvalued real exchange rates put exporters at a competitive disadvantage. This dynamic is most prevalent…
Pension Returns and Popular Support for Neoliberalism in Post-Pension Reform Latin America
Latin American pension reforms during the 1990s dramatically increased the number of people in the region who had a direct stake in the returns on financial capital. This article asks: How, if at all, has this expansion affected Latin American politics? It focuses particularly on popular attitudes towards neoliberalism. It argues that government-induced expansions of capital ownership do not directly affect public preferences about neoliberalism,…
Quitting globalization
Existing research has found that American politicians benefit from trying to attract investment and creates jobs. In this paper, we build on this work by describing the drivers of Americans' attitudes toward inward foreign investment (FDI). We posit that foreign and Chinese investment are different than domestic investment in the public imagination and that nationalism and proximity to deindustrialization interact to shape public opinion about th…
Fear of inflation and gender representation in central banking
Do Investor–State Disputes (Still) Harm FDI
What are the consequences of being sued for violating bilateral investment treaties? The conventional wisdom is that investor–state disputes (ISDS) tarnish countries' compliance records, and harm foreign direct investment in the process. This article re-examines this belief in light of recent trends in ISDS. The regime has witnessed a proliferation of claims, a growing proportion of which allege breaches of provisions like fair and equitable trea…
Global Treaties and Domestic Politics
Bilateral investment treaties (BITs) define a set of investors’ rights and allow foreign investors to sue countries for policies that breach them. Political scientists typically study the extent to which that chastens policymaking in the context of health and environmental rules. We extend that literature to tax policy. We argue and show that BITs limit developing country governments’ tax intake. We further argue that umbrella clauses are an impo…
Expectations, Gender Bias, and Federal Reserve Talk
Economics (12 works) · Political science (12 works) · Business (9 works) · Law (9 works) · Law (9 works) · Foreign direct investment (8 works) · Politics (8 works) · Finance (7 works) · Finance (6 works) · Macroeconomics (6 works)