The Balance of Payments Textbook, like the Balance of Payments Compilation Guide, is a companion document to the fifth edition of the Balance of Payments Manual. The Textbook provides illustrative examples and applications of concepts, definitions, classifications, and conventions contained in...

"This paper extends the analysis of the acquisition of destination language proficiency among immigrants by explicitly incorporating dynamics among family members -- mother, father and children. Single equation, bivariate, and four-state (multivariate) probit analyses are employed. Immigrant...

"We use a search and matching model to investigate the economic relationship between training and local economic conditions. We identify two aspects of this relationship going in opposite directions: on the one hand, the complementarity between local knowledge spillovers and training generates a...