The impact of foreign direct investment (FDI) on domestically owned firms in developingcountries has been widely debated in the literature. It has been argued that FDI providesaccess to advanced technologies and other intangible assets which may spill over to the hostcountry and allow domestic...

Identifying the effect of parental incomes on child outcomes is difficult due to the correlation of unobserved ability, education levels and income. Previous research has relied on the use of instrumental variables to identify the effect of a change in household income on the young adult...