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Publications (9)
Journal Article
– US FDI in Emerging Economies
Part of Journal Special Issue
FDI, Employment, and Growth in China and India
The project centers on the inter-linkages between the major developing countries of Brazil, India, China and South Africa and the global economy, with a special emphasis on the implications of China's growth on smaller economies and the rest of the world. The research areas include changing patterns...
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...
Working Paper
pdf
– The Coming Global-Asian Era and its Consequences
The rise of China as an economic and political ‘driver’ of the global economy is likely to be one of the defining moments of world history. Its dynamism and international expansion are on the verge of creating a ‘critical disruption’ in the global order that has held sway for over 60 years. As such...
Journal Article
We use public transfers in the form of food aid to test for the presence of risk sharing arrangements at the village level in rural Ethiopia. We reject perfect risk-sharing, but find evidence of partial risk-sharing via transfers. There is also evidence consistent with crowding out of informal...
Journal Article
– Evidence from a randomised experiment
This paper studies some empirical implications of models with limited risk sharing due to the imperfect enforceability of contracts. We test whether the amount by which public transfers reduce private transfers is affected by features of the economy, such as the variance of income and its...
Working Paper
pdf
We use public transfers in the form of food aid to test for the presence of risk sharing arrangements at the village level in rural Ethiopia. We reject perfect risk-sharing, but find evidence of partial risk-sharing via transfers. There is also evidence consistent with crowding out of informal...
Displaying 9 of 9 results