Fears that globalization necessarily hurts the environment are not well-founded. A survey reveals little statistical …

Globalization of trade and finance has gone a long way over the last half-century. But it is less impressive than most … international integration. The paper documents the extent of globalization, and some reasons for the barriers that remains. It then … environment. The conclusion is that globalization is not the primary obstacle to efforts to address such concerns …

finance literature has in some respects not kept pace with world trends. Most empirical studies fail to take due account of … the diversity of assets offered by countries around the world, the diversity of locales in which investors live, and the …

This paper, written for the NBER Conference on the Changing Role of the United States in the World Economy, covers the …

sub-standard economic performance. They are: long-term trends in world commodity prices, volatility, crowding out of …

world data demand a statistical technique that allows parameters and regimes to shift frequently. Accordingly we here take …