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Working Paper
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– Different economic models but similarly low levels of socioeconomic mobility
The United States and China are the world’s largest economies. Together they are responsible for about one-third of the world’s economic output. This paper aims to examine whether the two economic giants are also lands of opportunity where resources are allocated in a way that minimizes unrealized...
Journal Article
– US FDI in Emerging Economies
Part of Journal Special Issue
FDI, Employment, and Growth in China and India
Working Paper
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– US FDI in Emerging Economies
The paper investigates the impact of exchange rates on US foreign direct investment (FDI) flows to a sample of 16 emerging market countries using annual panel data for the period 1990-2002. Three separate exchange rate effects are considered: the value of the local currency (a cheaper currency...
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