This paper gives both theoretical arguments and econometric support to the notion of optimal FDI levels, from the viewpoint of human-capital formation in the host country. The optimality of a limited FDI level depends on the local incentives to get trained. Those incentives are formed in the...

This paper provides new evidence on the consequences of foetal exposure to high levels of pollution for the risk of stillbirth, and for the long-term health and labour market outcomes of those that survive. Variation in in utero exposure comes from a persistent weather system that affected...